{ "ticker": { "uuid": "ea94634f-29bc-4e9d-81d6-99b1d6e8739d", "symbol": "600298", "name": "Angel Yeast 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": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 53.459, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "mixed", "architecture_direction": 30.464, "architecture_energy": 36.322, "architecture_maturity": 60.52, "architecture_confidence": 83.839, "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": 37.47, "rotation_up": 65.07, "upward_expansion": 41.95, "deceleration": 38.13, "rotation_down": 14.17, "downward_expansion": 16.95 }, "activity_lines": [ 40.086, 38.488363, 37.607417, 38.28842 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 41.23, "trend_reference": 39.603659, "distance_from_trend": 0.041065, "trend_direction": "Weakening", "fair_value": 35.339156, "distance_from_fair_value": 0.166695, "fair_value_direction": "Improving", "relative_strength": 3.92711, "relative_strength_direction": "Improving", "price_momentum": -0.014815, "excess_performance": 0.028389, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.041065, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.031498, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.166695, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.097666, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.039271, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.166775, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.014815, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.622916, "read": "Supply-led" } ], "volume": { "latest": 86300600, "relative_activity": 2.221625, "balance": 0.622916, "dry_up": 1.944241, "accumulation_observations": 2, "distribution_observations": 6 }, "risk": { "range_context": 0.066233, "annualized_volatility": 0.301879, "from_high_reference": -0.103696, "from_low_reference": 0.241867 }, "levels": { "trend_reference": 39.603659, "fair_value_reference": 35.339156, "structural_low": 33.200001, 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"Established contraction", "gate": "down", "direction": -29.350759, "energy": 19.995723, "activity_lines": [ 36.916, 36.268386, 36.877461, 38.17616 ] }, { "date": "2026-07-24", "close": 37.990002, "volume": 66233509, "typical_volume": 33329555.75, "trend": 39.746325, "fair_value": 35.250113, "relative_strength": -0.696228, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.989641, "energy": 22.295304, "activity_lines": [ 37.525334, 36.63978, 36.876224, 38.048655 ] }, { "date": "2026-07-31", "close": 41.919998, "volume": 84862427, "typical_volume": 35919753.55, "trend": 39.687325, "fair_value": 35.295137, "relative_strength": 8.813906, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 17.489183, "energy": 26.86175, "activity_lines": [ 39.145333, 37.683769, 37.274273, 38.188892 ] }, { "date": "2026-08-07", "close": 41.23, "volume": 86300600, "typical_volume": 38845712.3, "trend": 39.603659, "fair_value": 35.339156, "relative_strength": 3.92711, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 30.463645, "energy": 36.322045, "activity_lines": [ 40.086, 38.488363, 37.607417, 38.28842 ] } ], "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." } } }