{ "ticker": { "uuid": "9e3e8751-7f18-4a49-a497-fcde519b51bc", "symbol": "300925", "name": "Shenzhen Farben 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": -61.064, "architecture_energy": 49.282, "architecture_maturity": 73.242, "architecture_confidence": 95.324, "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": 10.82, "rotation_up": 22.58, "upward_expansion": 7.26, "deceleration": 57.75, "rotation_down": 55.4, "downward_expansion": 80.59 }, "activity_lines": [ 14.673333, 14.909273, 15.9917, 16.884689 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 15.26, "trend_reference": 18.313153, "distance_from_trend": -0.166719, "trend_direction": "Weakening", "fair_value": 18.000005, "distance_from_fair_value": -0.152222, "fair_value_direction": "Weakening", "relative_strength": -28.148482, "relative_strength_direction": "Improving", "price_momentum": -0.306303, "excess_performance": -0.313702, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.166719, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.088923, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.152222, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.233297, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.281485, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.018665, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.306303, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.221891, "read": "Supply-led" } ], "volume": { "latest": 47782771, "relative_activity": 1.133004, "balance": 0.221891, "dry_up": 1.086934, "accumulation_observations": 1, "distribution_observations": 6 }, "risk": { "range_context": 0.10894, "annualized_volatility": 0.501318, "from_high_reference": -0.455798, "from_low_reference": 0.145646 }, "levels": { "trend_reference": 18.313153, "fair_value_reference": 18.000005, "structural_low": 13.32, "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": 21, "median_return": 0.01557, "positive_rate": 0.52381, "directional_follow_through": 0.47619, "median_excess_return": -0.017933, "regime_survival": 0.666667, "best_return": 0.184314, "worst_return": -0.183481, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.012916, "positive_rate": 0.625, "directional_follow_through": 0.375, "median_excess_return": 0.06711, "regime_survival": 0.5, "best_return": 0.272566, "worst_return": -0.17617, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.009009, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": -0.137727, "regime_survival": 0.4, "best_return": 0.300181, "worst_return": -0.298655, "sufficient": true }, { "horizon": "Full cycle", 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"typical_volume": 42010670.8, "trend": 18.903343, "fair_value": 17.983604, "relative_strength": -36.045293, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.794977, "energy": 85.759449, "activity_lines": [ 14.431333, 15.527997, 16.692638, 17.65207 ] }, { "date": "2026-07-24", "close": 13.48, "volume": 39638162, "typical_volume": 41166339.2, "trend": 18.680569, "fair_value": 17.981564, "relative_strength": -35.794627, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.959183, "energy": 87.47718, "activity_lines": [ 13.927333, 15.024916, 16.31229, 17.302177 ] }, { "date": "2026-07-31", "close": 15.46, "volume": 52072749, "typical_volume": 41711403.2, "trend": 18.510498, "fair_value": 17.987661, "relative_strength": -24.316807, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.041487, "energy": 67.189349, "activity_lines": [ 14.360667, 14.965636, 16.151722, 17.094399 ] }, { "date": "2026-08-07", "close": 15.26, "volume": 47782771, "typical_volume": 42173533.65, "trend": 18.313153, "fair_value": 18.000005, "relative_strength": -28.148482, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.063578, "energy": 49.282096, "activity_lines": [ 14.673333, 14.909273, 15.9917, 16.884689 ] } ], "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." } } }