{ "ticker": { "uuid": "8ff1ba37-b597-4b1b-933b-eb451e3ca248", "symbol": "600132", "name": "Chongqing Brewery 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": "Early contraction", "architecture_gate": "down", "architecture_direction": -47.056, "architecture_energy": 40.394, "architecture_maturity": 79.22, "architecture_confidence": 86.951, "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": 21.89, "rotation_up": 27.24, "upward_expansion": 18.96, "deceleration": 46.99, "rotation_down": 37.25, "downward_expansion": 66.63 }, "activity_lines": [ 44.334, 43.970352, 46.443602, 48.643149 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 44.060001, "trend_reference": 50.897459, "distance_from_trend": -0.134338, "trend_direction": "Weakening", "fair_value": 57.212902, "distance_from_fair_value": -0.229894, "fair_value_direction": "Weakening", "relative_strength": -14.351628, "relative_strength_direction": "Weakening", "price_momentum": -0.154481, "excess_performance": -0.111277, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.134338, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.049349, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.229894, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.098224, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.143516, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.030153, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.154481, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.866591, "read": "Supply-led" } ], "volume": { "latest": 24474470, "relative_activity": 1.448174, "balance": 0.866591, "dry_up": 1.359963, "accumulation_observations": 4, "distribution_observations": 3 }, "risk": { "range_context": 0.068372, "annualized_volatility": 0.280721, "from_high_reference": -0.263826, "from_low_reference": 0.074634 }, "levels": { "trend_reference": 50.897459, "fair_value_reference": 57.212902, 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] }, { "date": "2026-07-31", "close": 46.52, "volume": 26766462, "typical_volume": 16936408.2, "trend": 51.170125, "fair_value": 57.435982, "relative_strength": -7.566518, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.138025, "energy": 53.689836, "activity_lines": [ 44.140666, 44.198473, 46.973858, 49.101866 ] }, { "date": "2026-08-07", "close": 44.060001, "volume": 24474470, "typical_volume": 16900230.65, "trend": 50.897459, "fair_value": 57.212902, "relative_strength": -14.351628, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.05628, "energy": 40.39423, "activity_lines": [ 44.334, 43.970352, 46.443602, 48.643149 ] } ], "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." } } }