{ "ticker": { "uuid": "92e79ac3-48a9-4997-ab31-07613fb4c476", "symbol": "002376", "name": "Shandong New Beiyang Information Technology Co., Ltd.", "exchange": "SHZ", "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": "399001.SZ", "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": -31.248, "architecture_energy": 21.281, "architecture_maturity": 96.13, "architecture_confidence": 76.929, "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": 34.68, "rotation_up": 31.57, "upward_expansion": 22.57, "deceleration": 44.16, "rotation_down": 22.56, "downward_expansion": 56.57 }, "activity_lines": [ 6.311333, 6.167818, 6.332166, 6.539934 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.0 }, "latest_close": 6.59, "trend_reference": 6.858364, "distance_from_trend": -0.039129, "trend_direction": "Weakening", "fair_value": 6.560882, "distance_from_fair_value": 0.004438, "fair_value_direction": "Weakening", "relative_strength": -11.03781, "relative_strength_direction": "Improving", "price_momentum": -0.134272, "excess_performance": -0.141672, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.039129, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.057024, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.004438, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.081032, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.110378, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.097237, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.134272, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.71568, "read": "Supply-led" } ], "volume": { "latest": 124280159, "relative_activity": 2.540179, "balance": 0.71568, "dry_up": 1.497519, "accumulation_observations": 1, "distribution_observations": 4 }, "risk": { "range_context": 0.058843, "annualized_volatility": 0.241585, "from_high_reference": -0.234802, "from_low_reference": 0.162257 }, "levels": { "trend_reference": 6.858364, "fair_value_reference": 6.560882, "structural_low": 5.67, "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": 24, "median_return": 0.018006, "positive_rate": 0.541667, "directional_follow_through": 0.416667, "median_excess_return": 0.004062, "regime_survival": 0.791667, "best_return": 0.254113, "worst_return": -0.16311, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.070197, "positive_rate": 0.555556, "directional_follow_through": 0.444444, "median_excess_return": 0.119378, "regime_survival": 0.444444, "best_return": 0.354651, "worst_return": -0.111121, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.182632, "positive_rate": 0.833333, "directional_follow_through": 0.166667, "median_excess_return": 0.103521, "regime_survival": 0.166667, "best_return": 0.323622, "worst_return": -0.20335, "sufficient": true }, { "horizon": 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"relative_strength": -17.137828, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.168644, "energy": 67.191077, "activity_lines": [ 5.968, 6.082382, 6.399538, 6.654385 ] }, { "date": "2026-07-24", "close": 6.03, "volume": 55566084, "typical_volume": 45836048.85, "trend": 6.920234, "fair_value": 6.571943, "relative_strength": -16.719294, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.272805, "energy": 54.371301, "activity_lines": [ 5.996, 6.043599, 6.342339, 6.594049 ] }, { "date": "2026-07-31", "close": 6.38, "volume": 46994751, "typical_volume": 45225990.7, "trend": 6.88855, "fair_value": 6.565149, "relative_strength": -9.917343, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.557132, "energy": 36.672833, "activity_lines": [ 6.142, 6.083273, 6.324989, 6.559195 ] }, { "date": "2026-08-07", "close": 6.59, "volume": 124280159, "typical_volume": 48925739.85, "trend": 6.858364, "fair_value": 6.560882, "relative_strength": -11.03781, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.24771, "energy": 21.280767, "activity_lines": [ 6.311333, 6.167818, 6.332166, 6.539934 ] } ], "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." } } }