{ "ticker": { "uuid": "b1c43222-8fb3-448b-94df-121fddf1c117", "symbol": "301239", "name": "Bright Eye Hospital Group 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": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Structural failure", "architecture_gate": "down", "architecture_direction": -43.676, "architecture_energy": 30.055, "architecture_maturity": 35.572, "architecture_confidence": 60.589, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 40.26, "rotation_up": 23.07, "upward_expansion": 15.53, "deceleration": 63.21, "rotation_down": 37.85, "downward_expansion": 63.2 }, "activity_lines": [ 32.113332, 31.840363, 34.493619, 35.203312 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 33.349998, "trend_reference": 35.541, "distance_from_trend": -0.061647, "trend_direction": "Weakening", "fair_value": 50.20344, "distance_from_fair_value": -0.335703, "fair_value_direction": "Weakening", "relative_strength": -10.855556, "relative_strength_direction": "Weakening", "price_momentum": -0.037518, "excess_performance": -0.044918, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.061647, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.019477, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.335703, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.108251, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.108556, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.048939, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.037518, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.448904, "read": "Supply-led" } ], "volume": { "latest": 10485755, "relative_activity": 0.846107, "balance": 0.448904, "dry_up": 1.086192, "accumulation_observations": 1, "distribution_observations": 5 }, "risk": { "range_context": 0.109353, "annualized_volatility": 0.513022, "from_high_reference": -0.30981, "from_low_reference": 0.176367 }, "levels": { "trend_reference": 35.541, "fair_value_reference": 50.20344, "structural_low": 28.35, 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"relative_strength": -12.050833, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.700764, "energy": 46.066536, "activity_lines": [ 31.391333, 32.752545, 35.770047, 35.89243 ] }, { "date": "2026-07-24", "close": 29.99, "volume": 14325030, "typical_volume": 12468350.3, "trend": 35.482, "fair_value": 51.110367, "relative_strength": -18.457831, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.203132, "energy": 39.680933, "activity_lines": [ 30.912666, 31.862363, 35.145762, 35.534129 ] }, { "date": "2026-07-31", "close": 32.529999, "volume": 10127900, "typical_volume": 12261172.0, "trend": 35.525667, "fair_value": 50.647205, "relative_strength": -9.323653, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -57.781981, "energy": 42.049502, "activity_lines": [ 31.457999, 31.685091, 34.773905, 35.343677 ] }, { "date": "2026-08-07", "close": 33.349998, "volume": 10485755, "typical_volume": 12392936.75, "trend": 35.541, "fair_value": 50.20344, "relative_strength": -10.855556, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -43.676227, "energy": 30.054994, "activity_lines": [ 32.113332, 31.840363, 34.493619, 35.203312 ] } ], "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." } } }