{ "ticker": { "uuid": "c5504cf0-09c8-462a-a9d5-7b6ef32018f2", "symbol": "600845", "name": "Shanghai Baosight Software 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": -45.502, "architecture_energy": 34.873, "architecture_maturity": 52.36, "architecture_confidence": 65.669, "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": 30.38, "rotation_up": 23.18, "upward_expansion": 11.45, "deceleration": 65.5, "rotation_down": 40.97, "downward_expansion": 68.12 }, "activity_lines": [ 18.356, 18.285636, 19.364709, 20.196915 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 18.26, "trend_reference": 21.238597, "distance_from_trend": -0.140245, "trend_direction": "Weakening", "fair_value": 29.334568, "distance_from_fair_value": -0.377526, "fair_value_direction": "Weakening", "relative_strength": -15.735059, "relative_strength_direction": "Weakening", "price_momentum": -0.193404, "excess_performance": -0.1502, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.140245, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.044608, "read": "Falling" 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29.718242, "relative_strength": -18.068258, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.744995, "energy": 44.210396, "activity_lines": [ 18.317333, 18.376, 19.7835, 20.57374 ] }, { "date": "2026-07-31", "close": 18.59, "volume": 87022912, "typical_volume": 93685841.4, "trend": 21.31357, "fair_value": 29.522103, "relative_strength": -12.488199, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.008246, "energy": 31.664308, "activity_lines": [ 18.466, 18.322182, 19.580557, 20.39392 ] }, { "date": "2026-08-07", "close": 18.26, "volume": 139785145, "typical_volume": 94557971.7, "trend": 21.238597, "fair_value": 29.334568, "relative_strength": -15.735059, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.501963, "energy": 34.873375, "activity_lines": [ 18.356, 18.285636, 19.364709, 20.196915 ] } ], "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." } } }