{ "ticker": { "uuid": "d4b5364a-49d1-462e-8e39-549efb7a83db", "symbol": "600073", "name": "Shanghai Bright Meat Group 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": -39.932, "architecture_energy": 27.628, "architecture_maturity": 100.0, "architecture_confidence": 77.203, "architecture_tenure": "Extended", "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": 33.66, "rotation_up": 27.77, "upward_expansion": 21.95, "deceleration": 47.0, "rotation_down": 26.14, "downward_expansion": 58.28 }, "activity_lines": [ 5.115333, 5.039091, 5.177143, 5.411419 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 5.09, "trend_reference": 5.748667, "distance_from_trend": -0.114577, "trend_direction": "Weakening", "fair_value": 6.568702, "distance_from_fair_value": -0.225113, "fair_value_direction": "Weakening", "relative_strength": -18.711213, "relative_strength_direction": "Improving", "price_momentum": -0.232278, "excess_performance": -0.189074, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.114577, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.08814, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.225113, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.087392, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.187112, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.050151, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.232278, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.573237, "read": "Supply-led" } ], "volume": { "latest": 39951135, "relative_activity": 1.25394, "balance": 0.573237, "dry_up": 1.396117, "accumulation_observations": 3, "distribution_observations": 5 }, "risk": { "range_context": 0.057428, "annualized_volatility": 0.252111, "from_high_reference": -0.357323, "from_low_reference": 0.104121 }, "levels": { "trend_reference": 5.748667, "fair_value_reference": 6.568702, "structural_low": 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"2026-07-31", "close": 5.24, "volume": 38707590, "typical_volume": 34586976.65, "trend": 5.792333, "fair_value": 6.583993, "relative_strength": -14.810933, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.62123, "energy": 33.499188, "activity_lines": [ 5.11, 5.026909, 5.207429, 5.456731 ] }, { "date": "2026-08-07", "close": 5.09, "volume": 39951135, "typical_volume": 31860477.5, "trend": 5.748667, "fair_value": 6.568702, "relative_strength": -18.711213, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.93173, "energy": 27.627559, "activity_lines": [ 5.115333, 5.039091, 5.177143, 5.411419 ] } ], "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." } } }