{ "ticker": { "uuid": "7cb8a7fc-1dcf-4d40-b9e6-80b509378667", "symbol": "300386", "name": "Feitian Technologies 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": -58.428, "architecture_energy": 46.449, "architecture_maturity": 94.281, "architecture_confidence": 83.79, "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": 16.12, "rotation_up": 27.28, "upward_expansion": 6.82, "deceleration": 60.83, "rotation_down": 46.44, "downward_expansion": 77.82 }, "activity_lines": [ 10.435333, 10.448364, 11.006459, 11.950074 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 11.86, "trend_reference": 13.375913, "distance_from_trend": -0.113332, "trend_direction": "Weakening", "fair_value": 13.475663, "distance_from_fair_value": -0.119895, "fair_value_direction": "Weakening", "relative_strength": -25.534949, "relative_strength_direction": "Improving", "price_momentum": -0.271354, "excess_performance": -0.278753, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.113332, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.134415, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.119895, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.085736, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.255349, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.144789, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.271354, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.844885, "read": "Supply-led" } ], "volume": { "latest": 75061943, "relative_activity": 2.748129, "balance": 0.844885, "dry_up": 1.554769, "accumulation_observations": 3, "distribution_observations": 5 }, "risk": { "range_context": 0.10208, "annualized_volatility": 0.49809, "from_high_reference": -0.452507, "from_low_reference": 0.310497 }, "levels": { "trend_reference": 13.375913, "fair_value_reference": 13.475663, "structural_low": 9.05, "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": 28, "median_return": 0.012424, "positive_rate": 0.535714, "directional_follow_through": 0.464286, "median_excess_return": 0.002119, "regime_survival": 0.75, "best_return": 0.444954, "worst_return": -0.253911, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": 0.024209, "positive_rate": 0.636364, "directional_follow_through": 0.363636, "median_excess_return": 0.025173, "regime_survival": 0.545455, "best_return": 0.378049, "worst_return": -0.240938, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.05525, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.066463, "regime_survival": 0.5, "best_return": 0.218329, "worst_return": -0.322758, "sufficient": true 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"modifier": "Established contraction", "gate": "down", "direction": -83.106581, "energy": 68.833652, "activity_lines": [ 10.262667, 10.55582, 11.521613, 12.60549 ] }, { "date": "2026-07-24", "close": 9.16, "volume": 30057497, "typical_volume": 24612158.1, "trend": 13.787646, "fair_value": 13.468182, "relative_strength": -42.168924, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.038778, "energy": 71.512227, "activity_lines": [ 9.780667, 10.246545, 11.200258, 12.291993 ] }, { "date": "2026-07-31", "close": 10.21, "volume": 31531400, "typical_volume": 24771295.15, "trend": 13.58209, "fair_value": 13.465417, "relative_strength": -33.448911, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.101018, "energy": 63.766858, "activity_lines": [ 9.816667, 10.182364, 11.011984, 12.061177 ] }, { "date": "2026-08-07", "close": 11.86, "volume": 75061943, "typical_volume": 27313831.65, "trend": 13.375913, "fair_value": 13.475663, "relative_strength": -25.534949, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.428381, "energy": 46.448833, "activity_lines": [ 10.435333, 10.448364, 11.006459, 11.950074 ] } ], "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." } } }