{ "ticker": { "uuid": "a9de168d-4c5c-4aa2-8f28-079b4639ffc7", "symbol": "301136", "name": "Fujian Tendering 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": -65.01, "architecture_energy": 63.206, "architecture_maturity": 72.005, "architecture_confidence": 96, "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": 8.57, "rotation_up": 25.39, "upward_expansion": 11.69, "deceleration": 60.19, "rotation_down": 57.65, "downward_expansion": 85.02 }, "activity_lines": [ 10.968, 11.191818, 12.395619, 13.408237 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 11.54, "trend_reference": 15.009, "distance_from_trend": -0.231128, "trend_direction": "Weakening", "fair_value": 13.084008, "distance_from_fair_value": -0.118007, "fair_value_direction": "Weakening", "relative_strength": -25.225304, "relative_strength_direction": "Weakening", "price_momentum": -0.338303, "excess_performance": -0.345703, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.231128, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.13201, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.118007, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.376235, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.252253, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.169357, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.338303, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.283102, "read": "Supply-led" } ], "volume": { "latest": 25895428, "relative_activity": 0.983606, "balance": 0.283102, "dry_up": 1.235306, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.098654, "annualized_volatility": 0.362826, "from_high_reference": -0.602069, "from_low_reference": 0.203337 }, "levels": { "trend_reference": 15.009, "fair_value_reference": 13.084008, "structural_low": 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12.384909, 13.649381, 14.710903 ] }, { "date": "2026-07-17", "close": 10.52, "volume": 40856369, "typical_volume": 26737935.35, "trend": 15.975333, "fair_value": 13.143364, "relative_strength": -30.277719, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.935906, "energy": 78.823602, "activity_lines": [ 11.221333, 11.890364, 13.262238, 14.331441 ] }, { "date": "2026-07-24", "close": 10.05, "volume": 31788457, "typical_volume": 26081406.55, "trend": 15.634667, "fair_value": 13.121799, "relative_strength": -33.201165, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.242191, "energy": 72.250389, "activity_lines": [ 10.77, 11.422182, 12.865524, 13.949161 ] }, { "date": "2026-07-31", "close": 11.01, "volume": 31547530, "typical_volume": 26253015.55, "trend": 15.299667, "fair_value": 13.1021, "relative_strength": -25.272446, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.273885, "energy": 66.049627, "activity_lines": [ 10.777333, 11.226545, 12.592809, 13.650796 ] }, { "date": "2026-08-07", "close": 11.54, "volume": 25895428, "typical_volume": 26327031.45, "trend": 15.009, "fair_value": 13.084008, "relative_strength": -25.225304, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.010199, "energy": 63.205735, "activity_lines": [ 10.968, 11.191818, 12.395619, 13.408237 ] } ], "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." } } }