{ "ticker": { "uuid": "736c1c82-7f9a-4aa4-9b08-65ac0c22e8b1", "symbol": "300332", "name": "Top Resource Energy 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": -41.305, "architecture_energy": 30.219, "architecture_maturity": 83.824, "architecture_confidence": 82.301, "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": 29.43, "rotation_up": 27.75, "upward_expansion": 18.04, "deceleration": 46.98, "rotation_down": 27.39, "downward_expansion": 63.37 }, "activity_lines": [ 4.666667, 4.563091, 4.792429, 5.07557 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 4.77, "trend_reference": 5.361333, "distance_from_trend": -0.110296, "trend_direction": "Weakening", "fair_value": 6.034568, "distance_from_fair_value": -0.209554, "fair_value_direction": "Weakening", "relative_strength": -16.15771, "relative_strength_direction": "Improving", "price_momentum": -0.177586, "excess_performance": -0.184986, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.110296, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.065373, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.209554, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.067335, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.161577, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.007079, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.177586, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.892676, "read": "Supply-led" } ], "volume": { "latest": 101601810, "relative_activity": 0.609513, "balance": 0.892676, "dry_up": 1.104162, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.077729, "annualized_volatility": 0.357045, "from_high_reference": -0.392357, "from_low_reference": 0.122353 }, "levels": { "trend_reference": 5.361333, "fair_value_reference": 6.034568, "structural_low": 4.25, "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": 29, "median_return": -0.022246, "positive_rate": 0.310345, "directional_follow_through": 0.689655, "median_excess_return": -0.0059, "regime_survival": 0.862069, "best_return": 0.318681, "worst_return": -0.113636, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": -0.058162, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": -0.050144, "regime_survival": 0.7, "best_return": 0.820992, "worst_return": -0.218852, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.090973, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.08985, "regime_survival": 0.5, "best_return": 0.60826, "worst_return": -0.321731, "sufficient": true }, { "horizon": "Full 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"typical_volume": 243063223.9, "trend": 5.421, "fair_value": 6.154065, "relative_strength": -17.344693, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.88815, "energy": 74.469776, "activity_lines": [ 4.432, 4.53, 4.967286, 5.213914 ] }, { "date": "2026-07-24", "close": 4.58, "volume": 213500820, "typical_volume": 213285921.25, "trend": 5.397, "fair_value": 6.112196, "relative_strength": -17.434727, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.128747, "energy": 53.973659, "activity_lines": [ 4.496667, 4.508545, 4.891333, 5.159656 ] }, { "date": "2026-07-31", "close": 4.7, "volume": 129585915, "typical_volume": 189678618.45, "trend": 5.376333, "fair_value": 6.071414, "relative_strength": -13.553065, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.736171, "energy": 39.845248, "activity_lines": [ 4.583333, 4.524, 4.835, 5.114688 ] }, { "date": "2026-08-07", "close": 4.77, "volume": 101601810, "typical_volume": 166693358.35, "trend": 5.361333, "fair_value": 6.034568, "relative_strength": -16.15771, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.305263, "energy": 30.21929, "activity_lines": [ 4.666667, 4.563091, 4.792429, 5.07557 ] } ], "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." } } }