{ "ticker": { "uuid": "97069413-2832-4a7b-86d0-4cef7dbe2173", "symbol": "002985", "name": "Beijing Beimo High-tech Frictional Material 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": "Early contraction", "architecture_gate": "down", "architecture_direction": -65.992, "architecture_energy": 81.795, "architecture_maturity": 30.516, "architecture_confidence": 95.739, "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": 11.36, "rotation_up": 17.42, "upward_expansion": 20.02, "deceleration": 38.32, "rotation_down": 67.21, "downward_expansion": 93.36 }, "activity_lines": [ 25.226666, 26.224909, 28.821636, 31.109121 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 26.0, "trend_reference": 33.830184, "distance_from_trend": -0.231456, "trend_direction": "Weakening", "fair_value": 28.543962, "distance_from_fair_value": -0.089124, "fair_value_direction": "Weakening", "relative_strength": -20.778394, "relative_strength_direction": "Weakening", "price_momentum": -0.350682, "excess_performance": -0.358082, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.231456, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.020433, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.089124, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.324723, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.207784, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.153472, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.350682, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.547266, "read": "Supply-led" } ], "volume": { "latest": 20778817, "relative_activity": 0.752306, "balance": 0.547266, "dry_up": 0.843298, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.08932, "annualized_volatility": 0.380298, "from_high_reference": -0.444547, "from_low_reference": 0.102629 }, "levels": { "trend_reference": 33.830184, "fair_value_reference": 28.543962, 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"typical_volume": 33479455.85, "trend": 34.59877, "fair_value": 28.991904, "relative_strength": -25.793572, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.214357, "energy": 77.03149, "activity_lines": [ 28.026, 29.168727, 31.825445, 33.545551 ] }, { "date": "2026-07-17", "close": 24.059999, "volume": 24731697, "typical_volume": 31372524.8, "trend": 34.450711, "fair_value": 28.868978, "relative_strength": -25.068346, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.081634, "energy": 88.080481, "activity_lines": [ 26.497333, 27.993273, 30.882353, 32.86563 ] }, { "date": "2026-07-24", "close": 23.879999, "volume": 24106723, "typical_volume": 29200596.65, "trend": 34.207625, "fair_value": 28.750048, "relative_strength": -25.416655, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.95607, "energy": 90.287786, "activity_lines": [ 25.303999, 27.014545, 30.004961, 32.183648 ] }, { "date": "2026-07-31", "close": 25.57, "volume": 23550902, "typical_volume": 28604057.35, "trend": 34.017551, "fair_value": 28.641324, "relative_strength": -18.498681, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.849184, "energy": 86.116819, "activity_lines": [ 25.11, 26.517818, 29.363253, 31.626382 ] }, { "date": "2026-08-07", "close": 26.0, "volume": 20778817, "typical_volume": 27620156.6, "trend": 33.830184, "fair_value": 28.543962, "relative_strength": -20.778394, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.992074, "energy": 81.79465, "activity_lines": [ 25.226666, 26.224909, 28.821636, 31.109121 ] } ], "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." } } }