{ "ticker": { "uuid": "9c8612ae-587e-4c8b-9e59-c0ff8652cc08", "symbol": "300073", "name": "Beijing Easpring Material 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": "Early contraction", "architecture_gate": "down", "architecture_direction": -65.793, "architecture_energy": 79.479, "architecture_maturity": 32.894, "architecture_confidence": 86.173, "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": 9.09, "rotation_up": 11.65, "upward_expansion": 18.98, "deceleration": 39.21, "rotation_down": 72.76, "downward_expansion": 92.32 }, "activity_lines": [ 41.02, 42.962182, 48.073287, 50.414627 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 42.099998, "trend_reference": 53.370683, "distance_from_trend": -0.211177, "trend_direction": "Weakening", "fair_value": 44.467111, "distance_from_fair_value": -0.053233, "fair_value_direction": "Weakening", "relative_strength": -26.359042, "relative_strength_direction": "Weakening", "price_momentum": -0.260384, "excess_performance": -0.267784, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.211177, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.090081, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.053233, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.452404, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.26359, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.222962, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.260384, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.054331, "read": "Demand-led" } ], "volume": { "latest": 68750242, "relative_activity": 0.977227, "balance": 1.054331, "dry_up": 1.058234, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.102521, "annualized_volatility": 0.436648, "from_high_reference": -0.444146, "from_low_reference": 0.105567 }, "levels": { "trend_reference": 53.370683, "fair_value_reference": 44.467111, "structural_low": 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49.40346, 52.882862, 54.124478 ] }, { "date": "2026-07-17", "close": 38.279999, "volume": 63219566, "typical_volume": 68864203.05, "trend": 55.062613, "fair_value": 44.583259, "relative_strength": -30.95566, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -89.971838, "energy": 94.006412, "activity_lines": [ 43.168, 46.829298, 51.365296, 53.001212 ] }, { "date": "2026-07-24", "close": 39.68, "volume": 89174811, "typical_volume": 70100034.2, "trend": 54.504816, "fair_value": 44.537324, "relative_strength": -28.442586, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.750998, "energy": 90.138406, "activity_lines": [ 41.342667, 44.946139, 50.068979, 52.008785 ] }, { "date": "2026-07-31", "close": 41.580002, "volume": 76652462, "typical_volume": 70269817.4, "trend": 53.884634, "fair_value": 44.493862, "relative_strength": -23.64323, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.648195, "energy": 86.157153, "activity_lines": [ 40.958001, 43.741819, 49.01354, 51.174926 ] }, { "date": "2026-08-07", "close": 42.099998, "volume": 68750242, "typical_volume": 70352353.8, "trend": 53.370683, "fair_value": 44.467111, "relative_strength": -26.359042, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.793384, "energy": 79.478862, "activity_lines": [ 41.02, 42.962182, 48.073287, 50.414627 ] } ], "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." } } }