{ "ticker": { "uuid": "c0bb871c-5443-4be1-977a-ccd134618985", "symbol": "600099", "name": "Linhai 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": "Early contraction", "architecture_gate": "down", "architecture_direction": -61.595, "architecture_energy": 54.831, "architecture_maturity": 57.518, "architecture_confidence": 91.759, "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": 11.56, "rotation_up": 25.76, "upward_expansion": 9.6, "deceleration": 60.04, "rotation_down": 50.85, "downward_expansion": 80.6 }, "activity_lines": [ 8.258, 8.322784, 9.084568, 9.611718 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 8.6, "trend_reference": 10.178332, "distance_from_trend": -0.155068, "trend_direction": "Weakening", "fair_value": 9.450698, "distance_from_fair_value": -0.090014, "fair_value_direction": "Weakening", "relative_strength": -17.149492, "relative_strength_direction": "Weakening", "price_momentum": -0.218182, "excess_performance": -0.174978, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.155068, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.065625, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.090014, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.337458, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.171495, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.158454, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.218182, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.240459, "read": "Supply-led" } ], "volume": { "latest": 16639496, "relative_activity": 0.866154, "balance": 0.240459, "dry_up": 0.982453, "accumulation_observations": 0, "distribution_observations": 4 }, "risk": { "range_context": 0.089461, "annualized_volatility": 0.326769, "from_high_reference": -0.293924, "from_low_reference": 0.155914 }, "levels": { "trend_reference": 10.178332, "fair_value_reference": 9.450698, "structural_low": 7.44, "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": 15, "median_return": 0.028403, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.049346, "regime_survival": 0.733333, "best_return": 0.237026, "worst_return": -0.139903, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.026939, "positive_rate": 0.833333, "directional_follow_through": 0.166667, "median_excess_return": 0.021593, "regime_survival": 0.333333, "best_return": 0.405775, "worst_return": -0.154543, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.019608, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": -0.09424, "regime_survival": 0.4, "best_return": 0.428571, "worst_return": -0.225043, "sufficient": true }, { "horizon": "Full 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contraction", "gate": "down", "direction": -74.279338, "energy": 85.801515, "activity_lines": [ 8.286812, 8.674633, 9.59952, 10.019653 ] }, { "date": "2026-07-24", "close": 7.69, "volume": 23836855, "typical_volume": 20048795.05, "trend": 10.305999, "fair_value": 9.460354, "relative_strength": -24.537413, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.007236, "energy": 72.404818, "activity_lines": [ 8.06967, 8.410083, 9.361996, 9.845008 ] }, { "date": "2026-07-31", "close": 8.33, "volume": 17374408, "typical_volume": 19871344.9, "trend": 10.239999, "fair_value": 9.453993, "relative_strength": -18.064899, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.654547, "energy": 61.632851, "activity_lines": [ 8.127333, 8.320248, 9.203378, 9.717525 ] }, { "date": "2026-08-07", "close": 8.6, "volume": 16639496, "typical_volume": 19210779.5, "trend": 10.178332, "fair_value": 9.450698, "relative_strength": -17.149492, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.594744, "energy": 54.830732, "activity_lines": [ 8.258, 8.322784, 9.084568, 9.611718 ] } ], "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." } } }