{ "ticker": { "uuid": "dbfdf465-b6c7-42cb-9e0e-6186c64cda4d", "symbol": "000975", "name": "Shanjin International Gold Co., Ltd.", "exchange": "SHZ", "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": "399001.SZ", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 63.587, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -12.36, "architecture_energy": 19.03, "architecture_maturity": 67.795, "architecture_confidence": 58.025, "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": 48.55, "rotation_up": 36.11, "upward_expansion": 21.95, "deceleration": 44.14, "rotation_down": 17.8, "downward_expansion": 55.95 }, "activity_lines": [ 23.186666, 21.710181, 22.571186, 24.150834 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.0 }, "latest_close": 26.35, "trend_reference": 26.090784, "distance_from_trend": 0.009935, "trend_direction": "Weakening", "fair_value": 18.846231, "distance_from_fair_value": 0.398158, "fair_value_direction": "Weakening", "relative_strength": 6.33854, "relative_strength_direction": "Improving", "price_momentum": -0.230583, "excess_performance": -0.237982, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.009935, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.013418, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.398158, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.22415, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.063385, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.034739, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.230583, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.21233, "read": "Demand-led" } ], "volume": { "latest": 336529427, "relative_activity": 1.667418, "balance": 1.21233, "dry_up": 1.74773, "accumulation_observations": 4, "distribution_observations": 4 }, "risk": { "range_context": 0.109444, "annualized_volatility": 0.643111, "from_high_reference": -0.366127, "from_low_reference": 0.549089 }, "levels": { "trend_reference": 26.090784, "fair_value_reference": 18.846231, "structural_low": 17.01, "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": 10, "median_return": 0.051922, "positive_rate": 0.8, "directional_follow_through": 0.2, "median_excess_return": 0.050206, "regime_survival": 0.5, "best_return": 0.178427, "worst_return": -0.083426, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.034832, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": 0.091516, "regime_survival": 0.0, "best_return": 0.212711, "worst_return": -0.063625, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.198577, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.30001, "regime_survival": 0.0, "best_return": 0.201381, "worst_return": 0.084634, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, 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"close": 21.799999, "volume": 446028108, "typical_volume": 189628006.35, "trend": 26.050759, "fair_value": 18.686055, "relative_strength": -8.295797, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.411269, "energy": 48.435184, "activity_lines": [ 20.018666, 20.219091, 22.488423, 24.301183 ] }, { "date": "2026-07-31", "close": 23.379999, "volume": 348145869, "typical_volume": 197584949.35, "trend": 26.00964, "fair_value": 18.758239, "relative_strength": -0.305106, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.314202, "energy": 31.731491, "activity_lines": [ 21.309999, 20.69, 22.367324, 24.128876 ] }, { "date": "2026-08-07", "close": 26.35, "volume": 336529427, "typical_volume": 201826713.2, "trend": 26.090784, "fair_value": 18.846231, "relative_strength": 6.33854, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -12.360372, "energy": 19.030143, "activity_lines": [ 23.186666, 21.710181, 22.571186, 24.150834 ] } ], "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." } } }