{ "ticker": { "uuid": "f0913a53-874f-4df4-9083-aa31d301a0b7", "symbol": "601865", "name": "Flat Glass 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": -53.731, "architecture_energy": 54.843, "architecture_maturity": 100.0, "architecture_confidence": 71.501, "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": 14.46, "rotation_up": 27.75, "upward_expansion": 22.12, "deceleration": 66.99, "rotation_down": 49.14, "downward_expansion": 74.45 }, "activity_lines": [ 10.333333, 10.194239, 10.944297, 11.975469 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 11.75, "trend_reference": 13.39627, "distance_from_trend": -0.12289, "trend_direction": "Weakening", "fair_value": 19.539378, "distance_from_fair_value": -0.39865, "fair_value_direction": "Weakening", "relative_strength": -21.027553, "relative_strength_direction": "Improving", "price_momentum": -0.270639, "excess_performance": -0.227436, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.12289, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.138942, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.39865, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.03794, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.210276, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.018512, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.270639, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.618845, "read": "Supply-led" } ], "volume": { "latest": 182124843, "relative_activity": 2.087719, "balance": 0.618845, "dry_up": 1.328504, "accumulation_observations": 3, "distribution_observations": 5 }, "risk": { "range_context": 0.07116, "annualized_volatility": 0.445746, "from_high_reference": -0.420039, "from_low_reference": 0.312849 }, "levels": { "trend_reference": 13.39627, "fair_value_reference": 19.539378, "structural_low": 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}, { "date": "2026-07-17", "close": 9.0, "volume": 90496232, "typical_volume": 86221167.05, "trend": 13.92527, "fair_value": 19.986418, "relative_strength": -38.546795, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.177799, "energy": 92.97923, "activity_lines": [ 9.698667, 10.231977, 11.502841, 12.617285 ] }, { "date": "2026-07-24", "close": 9.4, "volume": 102714837, "typical_volume": 85080607.7, "trend": 13.725936, "fair_value": 19.824416, "relative_strength": -35.999889, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.101635, "energy": 83.72289, "activity_lines": [ 9.516667, 9.985243, 11.191564, 12.325332 ] }, { "date": "2026-07-31", "close": 10.08, "volume": 88239046, "typical_volume": 83850428.9, "trend": 13.526936, "fair_value": 19.6737, "relative_strength": -30.934626, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.911643, "energy": 67.314404, "activity_lines": [ 9.643333, 9.918997, 10.973859, 12.09011 ] }, { "date": "2026-08-07", "close": 11.75, "volume": 182124843, "typical_volume": 87236269.75, "trend": 13.39627, "fair_value": 19.539378, "relative_strength": -21.027553, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.7312, "energy": 54.842873, "activity_lines": [ 10.333333, 10.194239, 10.944297, 11.975469 ] } ], "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." } } }