{ "ticker": { "uuid": "6bf4a6c4-e000-4618-96ab-e2eea3fbbd43", "symbol": "002891", "name": "Yantai China Pet Foods 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": "Established contraction", "architecture_gate": "down", "architecture_direction": -33.853, "architecture_energy": 26.024, "architecture_maturity": 100.0, "architecture_confidence": 81.021, "architecture_tenure": "Extended", "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": 37.71, "rotation_up": 33.25, "upward_expansion": 23.87, "deceleration": 44.16, "rotation_down": 22.84, "downward_expansion": 57.87 }, "activity_lines": [ 30.498666, 29.301273, 30.066712, 32.674123 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.0 }, "latest_close": 31.01, "trend_reference": 37.061521, "distance_from_trend": -0.163283, "trend_direction": "Weakening", "fair_value": 35.779616, "distance_from_fair_value": -0.133305, "fair_value_direction": "Weakening", "relative_strength": -34.300631, "relative_strength_direction": "Improving", "price_momentum": -0.372591, "excess_performance": -0.379991, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.163283, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.190314, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.133305, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.07313, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.343006, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.155535, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.372591, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.546599, "read": "Supply-led" } ], "volume": { "latest": 68973364, "relative_activity": 1.597461, "balance": 0.546599, "dry_up": 1.733768, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.090787, "annualized_volatility": 0.467506, "from_high_reference": -0.504987, "from_low_reference": 0.203804 }, "levels": { "trend_reference": 37.061521, "fair_value_reference": 35.779616, "structural_low": 25.76, "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": 24, "median_return": -0.043821, "positive_rate": 0.416667, "directional_follow_through": 0.583333, "median_excess_return": -0.024407, "regime_survival": 0.833333, "best_return": 0.215686, "worst_return": -0.177155, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.054242, "positive_rate": 0.444444, "directional_follow_through": 0.555556, "median_excess_return": -0.031713, "regime_survival": 0.555556, "best_return": 0.670601, "worst_return": -0.291417, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.012622, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": 0.04618, "regime_survival": 0.4, "best_return": 0.579984, "worst_return": -0.473628, "sufficient": true 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"energy": 33.359979, "activity_lines": [ 29.849333, 28.859454, 30.184134, 33.108574 ] }, { "date": "2026-08-07", "close": 31.01, "volume": 68973364, "typical_volume": 43176859.6, "trend": 37.061521, "fair_value": 35.779616, "relative_strength": -34.300631, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.852763, "energy": 26.02391, "activity_lines": [ 30.498666, 29.301273, 30.066712, 32.674123 ] } ], "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." } } }