{ "ticker": { "uuid": "5c47b027-56b0-4c69-8a14-b822823c5661", "symbol": "600588", "name": "Yonyou Network Technology Co.,Ltd.", "exchange": "SHH", "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": "000001.SS", "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": "Established contraction", "architecture_gate": "down", "architecture_direction": -17.959, "architecture_energy": 16.338, "architecture_maturity": 96.799, "architecture_confidence": 82.96, "architecture_tenure": "Established", "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": 35.13, "rotation_up": 34.77, "upward_expansion": 24.37, "deceleration": 41.32, "rotation_down": 24.64, "downward_expansion": 60.7 }, "activity_lines": [ 10.476, 10.001273, 10.337476, 10.952215 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 11.72, "trend_reference": 11.989667, "distance_from_trend": -0.022492, "trend_direction": "Weakening", "fair_value": 13.251282, "distance_from_fair_value": -0.115557, "fair_value_direction": "Improving", "relative_strength": -10.041462, "relative_strength_direction": "Improving", "price_momentum": -0.227931, "excess_performance": -0.184728, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.022492, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.097662, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.115557, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.006277, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.100415, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.090159, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.227931, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.38728, "read": "Demand-led" } ], "volume": { "latest": 855549460, "relative_activity": 3.845111, "balance": 1.38728, "dry_up": 2.049382, "accumulation_observations": 4, "distribution_observations": 3 }, "risk": { "range_context": 0.094119, "annualized_volatility": 0.47655, "from_high_reference": -0.383482, "from_low_reference": 0.339429 }, "levels": { "trend_reference": 11.989667, "fair_value_reference": 13.251282, "structural_low": 8.75, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 32, "median_return": -0.010185, "positive_rate": 0.4375, "directional_follow_through": 0.5625, "median_excess_return": -0.008378, "regime_survival": 0.78125, "best_return": 0.407386, "worst_return": -0.195826, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 13, "median_return": -0.093514, "positive_rate": 0.384615, "directional_follow_through": 0.615385, "median_excess_return": -0.084074, "regime_survival": 0.615385, "best_return": 0.530178, "worst_return": -0.283217, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": -0.116375, "positive_rate": 0.428571, "directional_follow_through": 0.571429, "median_excess_return": -0.060075, "regime_survival": 0.428571, "best_return": 0.386364, "worst_return": -0.372378, 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-76.331626, "energy": 68.146029, "activity_lines": [ 9.2, 9.58, 10.444714, 11.248602 ] }, { "date": "2026-07-24", "close": 8.97, "volume": 312617730, "typical_volume": 182086899.15, "trend": 12.101, "fair_value": 13.344295, "relative_strength": -29.953678, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.549669, "energy": 61.107846, "activity_lines": [ 9.100667, 9.396364, 10.236762, 11.038796 ] }, { "date": "2026-07-31", "close": 11.08, "volume": 370548422, "typical_volume": 188721153.05, "trend": 12.041, "fair_value": 13.292244, "relative_strength": -13.295927, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.31681, "energy": 35.954332, "activity_lines": [ 9.759333, 9.642545, 10.251571, 10.972925 ] }, { "date": "2026-08-07", "close": 11.72, "volume": 855549460, "typical_volume": 222503190.95, "trend": 11.989667, "fair_value": 13.251282, "relative_strength": -10.041462, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.959359, "energy": 16.3384, "activity_lines": [ 10.476, 10.001273, 10.337476, 10.952215 ] } ], "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." } } }