{ "ticker": { "uuid": "61669f42-7010-4d02-b025-78ab744e218c", "symbol": "603027", "name": "Qianhe Condiment and Food 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": -45.358, "architecture_energy": 37.214, "architecture_maturity": 92.859, "architecture_confidence": 89.978, "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": 23.44, "rotation_up": 27.78, "upward_expansion": 19.09, "deceleration": 46.99, "rotation_down": 34.06, "downward_expansion": 66.75 }, "activity_lines": [ 7.417923, 7.308571, 7.676752, 8.142267 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 7.47, "trend_reference": 8.769988, "distance_from_trend": -0.148231, "trend_direction": "Weakening", "fair_value": 9.755515, "distance_from_fair_value": -0.234279, "fair_value_direction": "Weakening", "relative_strength": -16.343455, "relative_strength_direction": "Weakening", "price_momentum": -0.261128, "excess_performance": -0.217924, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.148231, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.078847, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.234279, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.089506, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.163435, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.043454, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.261128, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.435794, "read": "Supply-led" } ], "volume": { "latest": 79661843, "relative_activity": 1.173775, "balance": 0.435794, "dry_up": 1.368218, "accumulation_observations": 2, "distribution_observations": 6 }, "risk": { "range_context": 0.070892, "annualized_volatility": 0.355431, "from_high_reference": -0.340688, "from_low_reference": 0.116335 }, "levels": { "trend_reference": 8.769988, "fair_value_reference": 9.755515, "structural_low": 6.691541, "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": 31, "median_return": -0.013344, "positive_rate": 0.419355, "directional_follow_through": 0.580645, "median_excess_return": -0.02913, "regime_survival": 0.83871, "best_return": 0.298063, "worst_return": -0.31368, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": -0.002545, "positive_rate": 0.363636, "directional_follow_through": 0.545455, "median_excess_return": -0.0583, "regime_survival": 0.545455, "best_return": 0.115411, "worst_return": -0.280832, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.110021, "positive_rate": 0.166667, "directional_follow_through": 0.833333, "median_excess_return": -0.139564, "regime_survival": 0.5, "best_return": 0.059432, "worst_return": -0.299769, "sufficient": true }, { 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7.923413, 8.421448 ] }, { "date": "2026-07-24", "close": 7.06, "volume": 75098822, "typical_volume": 67379029.25, "trend": 8.910322, "fair_value": 9.841881, "relative_strength": -19.076667, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.826709, "energy": 68.219352, "activity_lines": [ 7.007499, 7.191104, 7.790844, 8.29575 ] }, { "date": "2026-07-31", "close": 7.91, "volume": 117958678, "typical_volume": 70336812.85, "trend": 8.848655, "fair_value": 9.794273, "relative_strength": -9.424955, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.655918, "energy": 50.444116, "activity_lines": [ 7.318856, 7.290929, 7.750893, 8.231213 ] }, { "date": "2026-08-07", "close": 7.47, "volume": 79661843, "typical_volume": 67868077.35, "trend": 8.769988, "fair_value": 9.755515, "relative_strength": -16.343455, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.358291, "energy": 37.214075, "activity_lines": [ 7.417923, 7.308571, 7.676752, 8.142267 ] } ], "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." } } }