{ "ticker": { "uuid": "8797e3e5-161f-45cb-8c3c-5e1352a21477", "symbol": "301551", "name": "Hebei Broadcasting Wireless Media 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": -52.899, "architecture_energy": 54.703, "architecture_maturity": 100.0, "architecture_confidence": 75.725, "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": 18.73, "rotation_up": 27.27, "upward_expansion": 17.17, "deceleration": 67.0, "rotation_down": 47.48, "downward_expansion": 76.17 }, "activity_lines": [ 20.445333, 20.439632, 22.145849, 24.272037 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 20.809999, "trend_reference": 27.387963, "distance_from_trend": -0.240177, "trend_direction": "Weakening", "fair_value": 43.79725, "distance_from_fair_value": -0.524856, "fair_value_direction": "Weakening", "relative_strength": -39.495495, "relative_strength_direction": "Improving", "price_momentum": -0.456658, "excess_performance": -0.464058, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.240177, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.147402, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.524856, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.109301, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.394955, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.050144, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.456658, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.166747, "read": "Supply-led" } ], "volume": { "latest": 32413186, "relative_activity": 1.587219, "balance": 0.166747, "dry_up": 1.66949, "accumulation_observations": 1, "distribution_observations": 7 }, "risk": { "range_context": 0.089906, "annualized_volatility": 0.383641, "from_high_reference": -0.607593, "from_low_reference": 0.115818 }, "levels": { "trend_reference": 27.387963, "fair_value_reference": 43.79725, "structural_low": 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"date": "2026-07-31", "close": 21.41, "volume": 35413608, "typical_volume": 19586279.9, "trend": 27.745963, "fair_value": 44.036701, "relative_strength": -35.935491, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.702439, "energy": 62.693696, "activity_lines": [ 20.260667, 20.474184, 22.489082, 24.719519 ] }, { "date": "2026-08-07", "close": 20.809999, "volume": 32413186, "typical_volume": 20421373.05, "trend": 27.387963, "fair_value": 43.79725, "relative_strength": -39.495495, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.899458, "energy": 54.703123, "activity_lines": [ 20.445333, 20.439632, 22.145849, 24.272037 ] } ], "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." } } }