{ "ticker": { "uuid": "bb588922-b8b0-4485-b97d-5dc4ae49edbd", "symbol": "600456", "name": "Baoji Titanium Industry Co., Ltd.", "exchange": "SHH", "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": "000001.SS", "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": -60.937, "architecture_energy": 49.335, "architecture_maturity": 67.122, "architecture_confidence": 91.4, "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": 10.13, "rotation_up": 26.84, "upward_expansion": 7.96, "deceleration": 60.47, "rotation_down": 50.25, "downward_expansion": 81.29 }, "activity_lines": [ 27.928667, 28.025818, 29.642653, 31.258839 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 28.620001, "trend_reference": 33.628643, "distance_from_trend": -0.14894, "trend_direction": "Weakening", "fair_value": 30.370621, "distance_from_fair_value": -0.057642, "fair_value_direction": "Weakening", "relative_strength": -13.429637, "relative_strength_direction": "Weakening", "price_momentum": -0.253521, "excess_performance": -0.210317, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.14894, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.049814, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.057642, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.210529, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.134296, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.099199, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.253521, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.376582, "read": "Supply-led" } ], "volume": { "latest": 31458088, "relative_activity": 0.941051, "balance": 0.376582, "dry_up": 1.033865, "accumulation_observations": 1, "distribution_observations": 6 }, "risk": { "range_context": 0.079779, "annualized_volatility": 0.433572, "from_high_reference": -0.369604, "from_low_reference": 0.130778 }, "levels": { "trend_reference": 33.628643, "fair_value_reference": 30.370621, "structural_low": 25.309999, "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": 24, "median_return": 0.006984, "positive_rate": 0.583333, "directional_follow_through": 0.416667, "median_excess_return": -0.008015, "regime_survival": 0.833333, "best_return": 0.201853, "worst_return": -0.154826, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": -0.052338, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.047976, "regime_survival": 0.5, "best_return": 0.247747, "worst_return": -0.157913, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.086983, "positive_rate": 0.2, "directional_follow_through": 0.8, "median_excess_return": -0.033323, "regime_survival": 0.4, "best_return": 0.116645, "worst_return": -0.219213, "sufficient": true }, { 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"2026-07-24", "close": 26.75, "volume": 34130285, "typical_volume": 35741150.15, "trend": 34.31031, "fair_value": 30.420507, "relative_strength": -16.96921, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.682482, "energy": 64.118266, "activity_lines": [ 27.272666, 28.231853, 30.216361, 31.994965 ] }, { "date": "2026-07-31", "close": 28.27, "volume": 30151186, "typical_volume": 34278734.75, "trend": 33.989643, "fair_value": 30.392813, "relative_strength": -12.358308, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.258012, "energy": 55.812762, "activity_lines": [ 27.604667, 28.055657, 29.891888, 31.605268 ] }, { "date": "2026-08-07", "close": 28.620001, "volume": 31458088, "typical_volume": 33428664.5, "trend": 33.628643, "fair_value": 30.370621, "relative_strength": -13.429637, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.936571, "energy": 49.334993, "activity_lines": [ 27.928667, 28.025818, 29.642653, 31.258839 ] } ], "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." } } }