{ "ticker": { "uuid": "78221cc9-280a-4e40-b853-0618c242bfbe", "symbol": "688132", "name": "Bangyan 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": -63.399, "architecture_energy": 56.215, "architecture_maturity": 75.035, "architecture_confidence": 95.471, "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": 8.57, "rotation_up": 21.92, "upward_expansion": 9.18, "deceleration": 59.41, "rotation_down": 58.94, "downward_expansion": 82.52 }, "activity_lines": [ 12.688667, 12.930182, 14.168857, 15.13243 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 13.38, "trend_reference": 16.508, "distance_from_trend": -0.189484, "trend_direction": "Weakening", "fair_value": 18.239872, "distance_from_fair_value": -0.266442, "fair_value_direction": "Weakening", "relative_strength": -23.756486, "relative_strength_direction": "Weakening", "price_momentum": -0.305296, "excess_performance": -0.262092, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.189484, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.103037, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.266442, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.231392, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.237565, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.128295, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.305296, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.319007, "read": "Supply-led" } ], "volume": { "latest": 6452514, "relative_activity": 1.100222, "balance": 0.319007, "dry_up": 1.201576, "accumulation_observations": 2, "distribution_observations": 7 }, "risk": { "range_context": 0.108486, "annualized_volatility": 0.408784, "from_high_reference": -0.413158, "from_low_reference": 0.223035 }, "levels": { "trend_reference": 16.508, "fair_value_reference": 18.239872, "structural_low": 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-28.449534, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.826995, "energy": 82.885151, "activity_lines": [ 13.482, 14.212727, 15.432667, 16.299183 ] }, { "date": "2026-07-17", "close": 12.18, "volume": 6728316, "typical_volume": 6720608.7, "trend": 17.105333, "fair_value": 18.507244, "relative_strength": -29.518669, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.281598, "energy": 83.655449, "activity_lines": [ 12.991333, 13.678182, 15.038143, 15.968688 ] }, { "date": "2026-07-24", "close": 11.41, "volume": 7545265, "typical_volume": 6075954.9, "trend": 16.870667, "fair_value": 18.408462, "relative_strength": -34.12737, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.633874, "energy": 73.04419, "activity_lines": [ 12.384, 13.119091, 14.608619, 15.601247 ] }, { "date": "2026-07-31", "close": 12.9, "volume": 7461621, "typical_volume": 5934418.8, "trend": 16.676, "fair_value": 18.317308, "relative_strength": -25.183949, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.131084, "energy": 62.056476, "activity_lines": [ 12.454667, 12.940182, 14.354048, 15.345075 ] }, { "date": "2026-08-07", "close": 13.38, "volume": 6452514, "typical_volume": 5864738.85, "trend": 16.508, "fair_value": 18.239872, "relative_strength": -23.756486, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.399108, "energy": 56.214501, "activity_lines": [ 12.688667, 12.930182, 14.168857, 15.13243 ] } ], "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." } } }