{ "ticker": { "uuid": "5a53cef3-2cef-498b-84d2-8886b0055b53", "symbol": "301156", "name": "Shanghai Menon Animal Nutrition Technology Co., Ltd.", "exchange": "SHZ", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "399001.SZ", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -65.417, "architecture_energy": 59.531, "architecture_maturity": 37.574, "architecture_confidence": 92.717, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 8.54, "rotation_up": 20.3, "upward_expansion": 10.36, "deceleration": 56.93, "rotation_down": 64.23, "downward_expansion": 86.02 }, "activity_lines": [ 10.703333, 10.959455, 12.128101, 12.842839 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.833333 }, "latest_close": 11.19, "trend_reference": 13.614065, "distance_from_trend": -0.178056, "trend_direction": "Weakening", "fair_value": 11.669518, "distance_from_fair_value": -0.041091, "fair_value_direction": "Weakening", "relative_strength": -21.349633, "relative_strength_direction": "Weakening", "price_momentum": -0.246159, "excess_performance": -0.253559, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.178056, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.057063, "read": "Falling" 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"activity_lines": [ 11.661333, 12.639604, 13.533097, 13.866271 ] }, { "date": "2026-07-10", "close": 10.9, "volume": 13878371, "typical_volume": 12587179.75, "trend": 13.947174, "fair_value": 11.63536, "relative_strength": -30.284534, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.814977, "energy": 90.316376, "activity_lines": [ 11.302, 12.161343, 13.228441, 13.663726 ] }, { "date": "2026-07-17", "close": 10.91, "volume": 15074153, "typical_volume": 12613577.35, "trend": 13.883891, "fair_value": 11.646478, "relative_strength": -22.612849, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.459145, "energy": 86.227568, "activity_lines": [ 11.085333, 11.768876, 12.943807, 13.46778 ] }, { "date": "2026-07-24", "close": 9.96, "volume": 17735990, "typical_volume": 12469652.5, "trend": 13.771601, "fair_value": 11.650806, "relative_strength": -28.892607, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.120954, "energy": 81.296211, "activity_lines": [ 10.666667, 11.295334, 12.589704, 13.214625 ] }, { "date": "2026-07-31", "close": 10.5, "volume": 14784596, "typical_volume": 12323272.3, "trend": 13.681082, "fair_value": 11.65813, "relative_strength": -23.110145, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.431088, "energy": 72.313613, "activity_lines": [ 10.557333, 11.021455, 12.313681, 13.003554 ] }, { "date": "2026-08-07", "close": 11.19, "volume": 19078413, "typical_volume": 12208303.05, "trend": 13.614065, "fair_value": 11.669518, "relative_strength": -21.349633, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.417362, "energy": 59.530879, "activity_lines": [ 10.703333, 10.959455, 12.128101, 12.842839 ] } ], "method": { "price_basis": "completed market observations", "trend": "Trend provides the primary directional reference.", "fair_value": "Fair Value provides long-term price context and is not a forecast or target.", "relative_strength": "Relative Strength shows leadership or lagging performance against the market benchmark.", "classification": "The SM framework combines Trend, Activity, Fair Value, Relative Strength and participation into a structural read." } } }