{ "ticker": { "uuid": "9377afeb-ccab-4d9f-9cdb-24cacc383fb0", "symbol": "688004", "name": "Beijing Bohui Science & 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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 68.675, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -3.342, "architecture_energy": 16.613, "architecture_maturity": 77.953, "architecture_confidence": 78.594, "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": 46.95, "rotation_up": 41.32, "upward_expansion": 22.72, "deceleration": 41.32, "rotation_down": 21.1, "downward_expansion": 59.05 }, "activity_lines": [ 21.418667, 20.271091, 20.722048, 21.273054 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 23.620001, "trend_reference": 22.243, "distance_from_trend": 0.061907, "trend_direction": "Weakening", "fair_value": 18.98888, "distance_from_fair_value": 0.243886, "fair_value_direction": "Weakening", "relative_strength": 0.028321, "relative_strength_direction": "Improving", "price_momentum": -0.02316, "excess_performance": 0.020044, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.061907, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.079143, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.243886, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.006523, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.000283, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.053709, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.02316, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.117093, "read": "Demand-led" } ], "volume": { "latest": 16299162, "relative_activity": 2.008038, "balance": 1.117093, "dry_up": 1.753852, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.086856, "annualized_volatility": 0.446272, "from_high_reference": -0.235104, "from_low_reference": 0.441123 }, "levels": { "trend_reference": 22.243, "fair_value_reference": 18.98888, "structural_low": 16.389999, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 28, "median_return": -0.010012, "positive_rate": 0.464286, "directional_follow_through": 0.535714, "median_excess_return": 0.006515, "regime_survival": 0.785714, "best_return": 0.374257, "worst_return": -0.328452, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": -0.089578, "positive_rate": 0.3, "directional_follow_through": 0.7, "median_excess_return": -0.04654, "regime_survival": 0.6, "best_return": 1.472678, "worst_return": -0.305621, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.202536, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.135461, "regime_survival": 0.5, "best_return": 0.660747, "worst_return": -0.399423, "sufficient": true }, 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"energy": 83.134168, "activity_lines": [ 19.152, 20.311818, 21.268572, 21.976903 ] }, { "date": "2026-07-10", "close": 17.809999, "volume": 7073077, "typical_volume": 7279415.6, "trend": 22.557, "fair_value": 19.082312, "relative_strength": -26.160075, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.37834, "energy": 86.429445, "activity_lines": [ 18.595333, 19.670546, 20.870048, 21.654903 ] }, { "date": "2026-07-17", "close": 17.129999, "volume": 7787843, "typical_volume": 7053207.75, "trend": 22.358667, "fair_value": 19.033136, "relative_strength": -24.374996, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.419309, "energy": 87.738017, "activity_lines": [ 17.985333, 19.003818, 20.443619, 21.304774 ] }, { "date": "2026-07-24", "close": 19.73, "volume": 15250013, "typical_volume": 7262610.65, "trend": 22.236333, "fair_value": 18.999672, "relative_strength": -13.937706, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.348588, "energy": 55.037212, "activity_lines": [ 18.428666, 18.94, 20.299809, 21.135183 ] }, { "date": "2026-07-31", "close": 22.98, "volume": 17606774, "typical_volume": 7746353.25, "trend": 22.226667, "fair_value": 18.981177, "relative_strength": -0.229179, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -23.214757, "energy": 21.979179, "activity_lines": [ 19.973333, 19.541818, 20.479857, 21.183161 ] }, { "date": "2026-08-07", "close": 23.620001, "volume": 16299162, "typical_volume": 8116958.95, "trend": 22.243, "fair_value": 18.98888, "relative_strength": 0.028321, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -3.342355, "energy": 16.613387, "activity_lines": [ 21.418667, 20.271091, 20.722048, 21.273054 ] } ], "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." } } }