{ "ticker": { "uuid": "beb7633a-a71a-4f3d-b7af-7da6f7188d61", "symbol": "603132", "name": "Jinhui Mining Incorporation Limited", "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": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -16.238, "architecture_energy": 13.394, "architecture_maturity": 31.491, "architecture_confidence": 67.098, "architecture_tenure": "New", "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": 47.74, "rotation_up": 25.04, "upward_expansion": 15.64, "deceleration": 41.89, "rotation_down": 34.62, "downward_expansion": 65.64 }, "activity_lines": [ 16.429333, 16.163818, 16.785634, 17.003729 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 18.92, "trend_reference": 17.107992, "distance_from_trend": 0.105916, "trend_direction": "Improving", "fair_value": 12.963761, "distance_from_fair_value": 0.459453, "fair_value_direction": "Weakening", "relative_strength": 21.549735, "relative_strength_direction": "Weakening", "price_momentum": -0.015115, "excess_performance": 0.028089, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.105916, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.046942, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.459453, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.149474, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.215497, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.054195, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.015115, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.622355, "read": "Supply-led" } ], "volume": { "latest": 66922638, "relative_activity": 2.133953, "balance": 0.622355, "dry_up": 1.168923, "accumulation_observations": 1, "distribution_observations": 4 }, "risk": { "range_context": 0.086356, "annualized_volatility": 0.510412, "from_high_reference": -0.197898, "from_low_reference": 0.533096 }, "levels": { "trend_reference": 17.107992, "fair_value_reference": 12.963761, "structural_low": 14.11, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 6, "median_return": 0.058387, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.001771, "regime_survival": 0.333333, "best_return": 0.1292, "worst_return": 0.000886, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": 0.148271, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": 0.020486, "regime_survival": 0.0, "best_return": 0.192715, "worst_return": -0.021258, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.154251, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.019171, "regime_survival": 0.0, "best_return": 0.269537, "worst_return": -0.030919, "sufficient": false }, { "horizon": "Full cycle", 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"direction": -52.588883, "energy": 65.730824, "activity_lines": [ 15.339333, 16.040182, 16.964563, 17.079177 ] }, { "date": "2026-07-24", "close": 14.62, "volume": 29407367, "typical_volume": 31498617.85, "trend": 16.921936, "fair_value": 12.876659, "relative_strength": -2.07249, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.358933, "energy": 64.612296, "activity_lines": [ 14.965333, 15.668364, 16.709156, 16.931631 ] }, { "date": "2026-07-31", "close": 16.08, "volume": 21310534, "typical_volume": 29817137.4, "trend": 16.960548, "fair_value": 12.911368, "relative_strength": 6.893095, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -62.984994, "energy": 64.764201, "activity_lines": [ 15.223333, 15.639818, 16.608962, 16.877313 ] }, { "date": "2026-08-07", "close": 18.92, "volume": 66922638, "typical_volume": 31360879.15, "trend": 17.107992, "fair_value": 12.963761, "relative_strength": 21.549735, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -16.237774, "energy": 13.393731, "activity_lines": [ 16.429333, 16.163818, 16.785634, 17.003729 ] } ], "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." } } }