{ "ticker": { "uuid": "82310924-9061-434f-9933-8e1b50db9b4f", "symbol": "000656", "name": "Jinke Property Group 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": "Early contraction", "architecture_gate": "down", "architecture_direction": -69.158, "architecture_energy": 58.053, "architecture_maturity": 25.845, "architecture_confidence": 82.98, "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": 11.32, "rotation_up": 13.74, "upward_expansion": 10.2, "deceleration": 42.57, "rotation_down": 65.85, "downward_expansion": 83.53 }, "activity_lines": [ 1.213333, 1.242, 1.305762, 1.334645 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 1.17, "trend_reference": 1.373333, "distance_from_trend": -0.148058, "trend_direction": "Weakening", "fair_value": 1.472885, "distance_from_fair_value": -0.20564, "fair_value_direction": "Weakening", "relative_strength": -18.817308, "relative_strength_direction": "Improving", "price_momentum": -0.209459, "excess_performance": -0.216859, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.148058, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.042973, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.20564, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.159936, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.188173, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.023037, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.209459, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.118812, "read": "Demand-led" } ], "volume": { "latest": 621417899, "relative_activity": 1.204233, "balance": 1.118812, "dry_up": 1.531099, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.096647, "annualized_volatility": 0.326552, "from_high_reference": -0.259494, "from_low_reference": 0.054054 }, "levels": { "trend_reference": 1.373333, "fair_value_reference": 1.472885, "structural_low": 1.11, "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": 36, "median_return": 0.008292, "positive_rate": 0.527778, "directional_follow_through": 0.472222, "median_excess_return": 0.007023, "regime_survival": 0.805556, "best_return": 0.682119, "worst_return": -0.224638, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 14, "median_return": -0.048111, "positive_rate": 0.428571, "directional_follow_through": 0.571429, "median_excess_return": -0.031711, "regime_survival": 0.571429, "best_return": 0.953271, "worst_return": -0.392045, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": -0.027108, "positive_rate": 0.375, "directional_follow_through": 0.5, "median_excess_return": -0.095147, "regime_survival": 0.625, "best_return": 0.738318, "worst_return": -0.538793, "sufficient": true }, { "horizon": 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"downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-02", "end": "2025-05-23", "tenure": "New", "return": 0.148148, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-30", "end": "2025-08-22", "tenure": "Established", "return": -0.09396, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-08-29", "end": "2025-11-28", "tenure": "Established", "return": 0.121212, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-12-05", "end": "2025-12-12", "tenure": "New", "return": -0.013423, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-19", "end": "2026-02-13", "tenure": "Developing", "return": -0.040541, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-27", "end": "2026-03-13", "tenure": 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"fair_value": 1.477244, "relative_strength": -16.446215, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.689615, "energy": 64.180433, "activity_lines": [ 1.283333, 1.328545, 1.363048, 1.380968 ] }, { "date": "2026-07-17", "close": 1.24, "volume": 1017920508, "typical_volume": 464506601.8, "trend": 1.398667, "fair_value": 1.478077, "relative_strength": -12.375385, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.208431, "energy": 65.877012, "activity_lines": [ 1.265333, 1.306545, 1.34981, 1.370237 ] }, { "date": "2026-07-24", "close": 1.24, "volume": 810925378, "typical_volume": 484522639.65, "trend": 1.390667, "fair_value": 1.476346, "relative_strength": -12.0902, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.830739, "energy": 41.766907, "activity_lines": [ 1.256, 1.287455, 1.337524, 1.36 ] }, { "date": "2026-07-31", "close": 1.21, "volume": 710093997, "typical_volume": 503798907.2, "trend": 1.382333, "fair_value": 1.475192, "relative_strength": -12.309762, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.743546, "energy": 44.828346, "activity_lines": [ 1.243333, 1.266, 1.323143, 1.348344 ] }, { "date": "2026-08-07", "close": 1.17, "volume": 621417899, "typical_volume": 516027759.6, "trend": 1.373333, "fair_value": 1.472885, "relative_strength": -18.817308, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.1582, "energy": 58.053121, "activity_lines": [ 1.213333, 1.242, 1.305762, 1.334645 ] } ], "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." } } }