{ "ticker": { "uuid": "e79e727f-097b-4311-b9b3-62510c1224da", "symbol": "603518", "name": "Jinhong Fashion 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": -45.885, "architecture_energy": 36.059, "architecture_maturity": 86.256, "architecture_confidence": 63.883, "architecture_tenure": "Established", "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": 26.79, "rotation_up": 24.71, "upward_expansion": 16.61, "deceleration": 66.52, "rotation_down": 39.48, "downward_expansion": 64.28 }, "activity_lines": [ 7.765112, 7.732997, 8.17525, 8.469312 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 7.93, "trend_reference": 8.887459, "distance_from_trend": -0.107731, "trend_direction": "Weakening", "fair_value": 8.841111, "distance_from_fair_value": -0.103054, "fair_value_direction": "Weakening", "relative_strength": -14.776211, "relative_strength_direction": "Weakening", "price_momentum": -0.185832, "excess_performance": -0.142628, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.107731, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.070252, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.103054, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.193081, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.147762, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.062833, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.185832, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.575162, "read": "Supply-led" } ], "volume": { "latest": 32909284, "relative_activity": 1.340866, "balance": 0.575162, "dry_up": 1.239398, "accumulation_observations": 3, "distribution_observations": 6 }, "risk": { "range_context": 0.082849, "annualized_volatility": 0.37426, "from_high_reference": -0.32568, "from_low_reference": 0.138833 }, "levels": { "trend_reference": 8.887459, "fair_value_reference": 8.841111, "structural_low": 6.963267, "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": 27, "median_return": -0.028796, "positive_rate": 0.444444, "directional_follow_through": 0.555556, "median_excess_return": -0.027161, "regime_survival": 0.888889, "best_return": 0.122137, "worst_return": -0.185645, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.012808, "positive_rate": 0.444444, "directional_follow_through": 0.555556, "median_excess_return": -0.107237, "regime_survival": 0.666667, "best_return": 0.243341, "worst_return": -0.278134, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.188559, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": 0.099914, "regime_survival": 0.4, "best_return": 0.732733, "worst_return": -0.455487, "sufficient": true }, { "horizon": 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4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.45425, "energy": 53.536581, "activity_lines": [ 7.590426, 7.753861, 8.301714, 8.608016 ] }, { "date": "2026-07-31", "close": 7.88, "volume": 30146939, "typical_volume": 24026672.2, "trend": 8.946792, "fair_value": 8.850163, "relative_strength": -13.457487, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.91083, "energy": 45.991399, "activity_lines": [ 7.698043, 7.726884, 8.233125, 8.534912 ] }, { "date": "2026-08-07", "close": 7.93, "volume": 32909284, "typical_volume": 24543304.4, "trend": 8.887459, "fair_value": 8.841111, "relative_strength": -14.776211, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.885495, "energy": 36.059053, "activity_lines": [ 7.765112, 7.732997, 8.17525, 8.469312 ] } ], "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." } } }