{ "ticker": { "uuid": "95a5ee4d-f920-4adf-86d2-65316e8cc2ff", "symbol": "603025", "name": "Beijing Dahao Technology Corp.,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": "Early contraction", "architecture_gate": "down", "architecture_direction": -61.637, "architecture_energy": 54.981, "architecture_maturity": 25.559, "architecture_confidence": 86.872, "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": 17.75, "rotation_up": 14.57, "upward_expansion": 9.07, "deceleration": 45.3, "rotation_down": 64.87, "downward_expansion": 82.41 }, "activity_lines": [ 13.080667, 13.328, 14.117766, 14.511792 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 13.42, "trend_reference": 15.241188, "distance_from_trend": -0.119491, "trend_direction": "Weakening", "fair_value": 13.52518, "distance_from_fair_value": -0.007777, "fair_value_direction": "Weakening", "relative_strength": -14.565279, "relative_strength_direction": "Weakening", "price_momentum": -0.226709, "excess_performance": -0.183505, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.119491, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.073996, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.007777, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.263912, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.145653, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.133863, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.226709, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.363243, "read": "Supply-led" } ], "volume": { "latest": 36795767, "relative_activity": 0.761023, "balance": 0.363243, "dry_up": 0.859195, "accumulation_observations": 0, "distribution_observations": 3 }, "risk": { "range_context": 0.087579, "annualized_volatility": 0.414661, "from_high_reference": -0.367533, "from_low_reference": 0.112769 }, "levels": { "trend_reference": 15.241188, "fair_value_reference": 13.52518, "structural_low": 12.06, "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": -0.003691, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.010061, "regime_survival": 0.708333, "best_return": 0.272301, "worst_return": -0.177495, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.047522, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.01034, "regime_survival": 0.333333, "best_return": 0.223796, "worst_return": -0.181882, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.005109, "positive_rate": 0.571429, "directional_follow_through": 0.428571, "median_excess_return": 0.003458, "regime_survival": 0.428571, "best_return": 0.462444, "worst_return": -0.294667, "sufficient": 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14.562962, 14.979786 ] }, { "date": "2026-07-24", "close": 12.35, "volume": 39349350, "typical_volume": 47738459.2, "trend": 15.499192, "fair_value": 13.500671, "relative_strength": -19.035881, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.276757, "energy": 80.75887, "activity_lines": [ 12.858667, 13.524909, 14.328942, 14.767001 ] }, { "date": "2026-07-31", "close": 13.5, "volume": 46456942, "typical_volume": 48082992.35, "trend": 15.376553, "fair_value": 13.513688, "relative_strength": -11.798597, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.236992, "energy": 66.944177, "activity_lines": [ 12.986667, 13.407455, 14.221972, 14.638021 ] }, { "date": "2026-08-07", "close": 13.42, "volume": 36795767, "typical_volume": 48350399.8, "trend": 15.241188, "fair_value": 13.52518, "relative_strength": -14.565279, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.637, "energy": 54.981254, "activity_lines": [ 13.080667, 13.328, 14.117766, 14.511792 ] } ], "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." } } }