{ "ticker": { "uuid": "884157e7-0c5d-4ffb-aa3e-f8e78f8889fc", "symbol": "600809", "name": "Shanxi Xinghuacun Fen Wine Factory 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": -39.8, "architecture_energy": 29.749, "architecture_maturity": 100.0, "architecture_confidence": 77.372, "architecture_tenure": "Extended", "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": 29.47, "rotation_up": 29.64, "upward_expansion": 23.24, "deceleration": 47.0, "rotation_down": 26.92, "downward_expansion": 61.91 }, "activity_lines": [ 118.702011, 114.544979, 119.720523, 127.562314 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 120.220001, "trend_reference": 139.418187, "distance_from_trend": -0.137702, "trend_direction": "Weakening", "fair_value": 189.324162, "distance_from_fair_value": -0.365004, "fair_value_direction": "Weakening", "relative_strength": -24.976952, "relative_strength_direction": "Improving", "price_momentum": -0.297, "excess_performance": -0.253796, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.137702, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.145661, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.365004, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.085795, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.24977, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.022611, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.297, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.581493, "read": "Demand-led" } ], "volume": { "latest": 50469210, "relative_activity": 1.37913, "balance": 1.581493, "dry_up": 1.716636, "accumulation_observations": 5, "distribution_observations": 3 }, "risk": { "range_context": 0.071682, "annualized_volatility": 0.297677, "from_high_reference": -0.434259, "from_low_reference": 0.218782 }, "levels": { "trend_reference": 139.418187, "fair_value_reference": 189.324162, 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190.779804, "relative_strength": -29.706976, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.115957, "energy": 67.868841, "activity_lines": [ 106.936962, 111.571766, 122.257013, 131.865029 ] }, { "date": "2026-07-24", "close": 114.743042, "volume": 66138310, "typical_volume": 32688234.9, "trend": 142.816187, "fair_value": 190.315384, "relative_strength": -27.344168, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.527489, "energy": 64.582497, "activity_lines": [ 109.467807, 111.265364, 120.644148, 129.916531 ] }, { "date": "2026-07-31", "close": 127.239998, "volume": 73614605, "typical_volume": 35245149.9, "trend": 141.134187, "fair_value": 189.852934, "relative_strength": -19.118143, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.454777, "energy": 43.206661, "activity_lines": [ 116.066767, 113.534171, 120.440359, 128.911616 ] }, { "date": "2026-08-07", "close": 120.220001, "volume": 50469210, "typical_volume": 36594953.0, "trend": 139.418187, "fair_value": 189.324162, "relative_strength": -24.976952, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.800012, "energy": 29.748832, "activity_lines": [ 118.702011, 114.544979, 119.720523, 127.562314 ] } ], "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." } } }