{ "ticker": { "uuid": "90ae5e97-9463-44de-a779-05b28caf202a", "symbol": "688318", "name": "Shenzhen Fortune Trend Technology 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": -44.879, "architecture_energy": 34.577, "architecture_maturity": 100.0, "architecture_confidence": 62.959, "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": 30.95, "rotation_up": 25.3, "upward_expansion": 10.98, "deceleration": 66.88, "rotation_down": 41.93, "downward_expansion": 69.98 }, "activity_lines": [ 73.651999, 73.312, 75.608157, 82.40155 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 81.25, "trend_reference": 95.492759, "distance_from_trend": -0.14915, "trend_direction": "Weakening", "fair_value": 94.388129, "distance_from_fair_value": -0.139193, "fair_value_direction": "Weakening", "relative_strength": -29.179267, "relative_strength_direction": "Improving", "price_momentum": -0.396718, "excess_performance": -0.353514, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.14915, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.16906, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.139193, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.05696, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.291793, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.072878, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.396718, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.976105, "read": "Supply-led" } ], "volume": { "latest": 49508222, "relative_activity": 2.20074, "balance": 0.976105, "dry_up": 1.442884, "accumulation_observations": 4, "distribution_observations": 5 }, "risk": { "range_context": 0.122525, "annualized_volatility": 0.702926, "from_high_reference": -0.550757, "from_low_reference": 0.277918 }, "levels": { "trend_reference": 95.492759, "fair_value_reference": 94.388129, "structural_low": 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-68.480476, "energy": 58.452969, "activity_lines": [ 73.896, 75.849573, 79.904734, 89.692585 ] }, { "date": "2026-07-17", "close": 68.18, "volume": 29212371, "typical_volume": 19448129.55, "trend": 101.340093, "fair_value": 93.885065, "relative_strength": -39.424801, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.100797, "energy": 58.785804, "activity_lines": [ 72.126, 74.096701, 78.077721, 87.420235 ] }, { "date": "2026-07-24", "close": 64.489998, "volume": 24191128, "typical_volume": 19887924.0, "trend": 99.204426, "fair_value": 93.984007, "relative_strength": -42.940725, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.507895, "energy": 60.536233, "activity_lines": [ 69.339333, 71.977074, 76.182422, 85.042809 ] }, { "date": "2026-07-31", "close": 74.209999, "volume": 26925718, "typical_volume": 20685794.65, "trend": 97.195093, "fair_value": 94.15513, "relative_strength": -34.06938, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.622841, "energy": 49.889508, "activity_lines": [ 70.359333, 71.933264, 75.463266, 83.430266 ] }, { "date": "2026-08-07", "close": 81.25, "volume": 49508222, "typical_volume": 22496165.5, "trend": 95.492759, "fair_value": 94.388129, "relative_strength": -29.179267, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.878746, "energy": 34.577313, "activity_lines": [ 73.651999, 73.312, 75.608157, 82.40155 ] } ], "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." } } }