{ "ticker": { "uuid": "929294bb-8270-49a8-a276-c10cefb2c7a9", "symbol": "600305", "name": "Jiangsu Hengshun Vinegar-Industry 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": -34.528, "architecture_energy": 24.166, "architecture_maturity": 100.0, "architecture_confidence": 77.878, "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": 32.35, "rotation_up": 32.54, "upward_expansion": 23.01, "deceleration": 44.17, "rotation_down": 23.18, "downward_expansion": 57.01 }, "activity_lines": [ 6.822667, 6.714812, 6.843506, 7.042709 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.0 }, "latest_close": 6.81, "trend_reference": 7.329212, "distance_from_trend": -0.070841, "trend_direction": "Weakening", "fair_value": 7.96438, "distance_from_fair_value": -0.144943, "fair_value_direction": "Weakening", "relative_strength": -10.269373, "relative_strength_direction": "Improving", "price_momentum": -0.162362, "excess_performance": -0.119158, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.070841, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.057046, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.144943, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.029512, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.102694, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.045291, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.162362, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.630841, "read": "Supply-led" } ], "volume": { "latest": 43450090, "relative_activity": 1.498896, "balance": 0.630841, "dry_up": 1.730081, "accumulation_observations": 3, "distribution_observations": 4 }, "risk": { "range_context": 0.046286, "annualized_volatility": 0.178171, "from_high_reference": -0.220824, "from_low_reference": 0.070478 }, "levels": { "trend_reference": 7.329212, "fair_value_reference": 7.96438, "structural_low": 6.361644, "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": 33, "median_return": -0.029586, "positive_rate": 0.393939, "directional_follow_through": 0.606061, "median_excess_return": -0.019211, "regime_survival": 0.878788, "best_return": 0.217765, "worst_return": -0.146903, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 12, "median_return": -0.090979, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.023325, "regime_survival": 0.666667, "best_return": 0.265786, "worst_return": -0.155734, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.110787, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.053784, "regime_survival": 0.333333, "best_return": 0.137399, "worst_return": -0.187898, "sufficient": true }, { "horizon": 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53.94355, "activity_lines": [ 6.612073, 6.626979, 6.867852, 7.098199 ] }, { "date": "2026-07-31", "close": 7.09, "volume": 53707274, "typical_volume": 28755331.5, "trend": 7.366212, "fair_value": 7.989929, "relative_strength": -4.399664, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.007678, "energy": 29.42181, "activity_lines": [ 6.787333, 6.696367, 6.867203, 7.078594 ] }, { "date": "2026-08-07", "close": 6.81, "volume": 43450090, "typical_volume": 28988070.85, "trend": 7.329212, "fair_value": 7.96438, "relative_strength": -10.269373, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.527813, "energy": 24.166222, "activity_lines": [ 6.822667, 6.714812, 6.843506, 7.042709 ] } ], "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." } } }