{ "ticker": { "uuid": "92d75dc0-d3f8-4c37-b957-8b2f12614636", "symbol": "601169", "name": "Bank of Beijing 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": -25.391, "architecture_energy": 28.493, "architecture_maturity": 84.021, "architecture_confidence": 70.222, "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": 45.13, "rotation_up": 40.65, "upward_expansion": 21.56, "deceleration": 44.16, "rotation_down": 20.83, "downward_expansion": 55.56 }, "activity_lines": [ 5.071333, 4.975928, 5.022681, 5.108602 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.0 }, "latest_close": 5.01, "trend_reference": 5.206623, "distance_from_trend": -0.037764, "trend_direction": "Weakening", "fair_value": 5.270976, "distance_from_fair_value": -0.049512, "fair_value_direction": "Weakening", "relative_strength": -7.543232, "relative_strength_direction": "Improving", "price_momentum": -0.054717, "excess_performance": -0.011513, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.037764, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.041785, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.049512, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.064574, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.075432, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.102715, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.054717, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.099617, "read": "Demand-led" } ], "volume": { "latest": 725647911, "relative_activity": 1.451351, "balance": 1.099617, "dry_up": 1.501386, "accumulation_observations": 4, "distribution_observations": 3 }, "risk": { "range_context": 0.034191, "annualized_volatility": 0.158334, "from_high_reference": -0.239757, "from_low_reference": 0.072519 }, "levels": { "trend_reference": 5.206623, "fair_value_reference": 5.270976, "structural_low": 4.671248, "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": 17, "median_return": -0.007246, "positive_rate": 0.352941, "directional_follow_through": 0.588235, "median_excess_return": 0.000238, "regime_survival": 0.823529, "best_return": 0.053364, "worst_return": -0.047171, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.027842, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": 0.021358, "regime_survival": 0.4, "best_return": 0.041985, "worst_return": -0.085515, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.029056, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.029988, "regime_survival": 0.0, "best_return": 0.078887, "worst_return": -0.04712, "sufficient": false }, { "horizon": "Full 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-63.132256, "energy": 55.269602, "activity_lines": [ 4.873266, 4.884221, 5.038996, 5.135132 ] }, { "date": "2026-07-24", "close": 5.06, "volume": 762955665, "typical_volume": 490460588.95, "trend": 5.23129, "fair_value": 5.258786, "relative_strength": -4.885653, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.622354, "energy": 31.855573, "activity_lines": [ 4.953597, 4.90679, 5.028526, 5.123027 ] }, { "date": "2026-07-31", "close": 5.22, "volume": 801532781, "typical_volume": 496176474.4, "trend": 5.22229, "fair_value": 5.265583, "relative_strength": -1.712722, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -14.946749, "energy": 27.199215, "activity_lines": [ 5.065757, 4.961541, 5.034961, 5.122299 ] }, { "date": "2026-08-07", "close": 5.01, "volume": 725647911, "typical_volume": 499981097.9, "trend": 5.206623, "fair_value": 5.270976, "relative_strength": -7.543232, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.390634, "energy": 28.492571, "activity_lines": [ 5.071333, 4.975928, 5.022681, 5.108602 ] } ], "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." } } }