{ "ticker": { "uuid": "f6397a4e-706a-47c1-8810-58aaac46be87", "symbol": "688567", "name": "Farasis Energy (Gan Zhou) 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": -63.381, "architecture_energy": 56.289, "architecture_maturity": 97.357, "architecture_confidence": 90.773, "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": 10.65, "rotation_up": 24.39, "upward_expansion": 9.49, "deceleration": 60.03, "rotation_down": 56.13, "downward_expansion": 82.82 }, "activity_lines": [ 9.782, 9.917455, 11.061714, 11.831269 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 10.21, "trend_reference": 12.905, "distance_from_trend": -0.208834, "trend_direction": "Weakening", "fair_value": 14.144808, "distance_from_fair_value": -0.27818, "fair_value_direction": "Weakening", "relative_strength": -31.774922, "relative_strength_direction": "Weakening", "price_momentum": -0.297799, "excess_performance": -0.254595, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.208834, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.141517, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.27818, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.208414, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.317749, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.129038, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.297799, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.06759, "read": "Demand-led" } ], "volume": { "latest": 51178412, "relative_activity": 0.851048, "balance": 1.06759, "dry_up": 1.067465, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.115422, "annualized_volatility": 0.449561, "from_high_reference": -0.54823, "from_low_reference": 0.149775 }, "levels": { "trend_reference": 12.905, "fair_value_reference": 14.144808, "structural_low": 8.88, "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": 33, "median_return": -0.03125, "positive_rate": 0.424242, "directional_follow_through": 0.575758, "median_excess_return": -0.026653, "regime_survival": 0.909091, "best_return": 0.422727, "worst_return": -0.258043, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": -0.167379, "positive_rate": 0.363636, "directional_follow_through": 0.636364, "median_excess_return": -0.106742, "regime_survival": 0.818182, "best_return": 0.769472, "worst_return": -0.373267, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.18064, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.201234, "regime_survival": 0.666667, "best_return": 0.384181, "worst_return": -0.487063, "sufficient": true }, { 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"2026-07-10", "close": 9.5, "volume": 57980630, "typical_volume": 60531774.15, "trend": 13.725, "fair_value": 14.455962, "relative_strength": -39.635403, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.322352, "energy": 91.450827, "activity_lines": [ 10.122, 11.052182, 12.132095, 12.803871 ] }, { "date": "2026-07-17", "close": 8.91, "volume": 64274137, "typical_volume": 60936450.9, "trend": 13.49, "fair_value": 14.374679, "relative_strength": -39.428734, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.371455, "energy": 92.217474, "activity_lines": [ 9.636, 10.510727, 11.76081, 12.493226 ] }, { "date": "2026-07-24", "close": 9.2, "volume": 75478239, "typical_volume": 61508203.55, "trend": 13.284, "fair_value": 14.29391, "relative_strength": -37.729512, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.708554, "energy": 85.33435, "activity_lines": [ 9.380667, 10.114364, 11.443952, 12.216452 ] }, { "date": "2026-07-31", "close": 10.19, "volume": 65840259, "typical_volume": 60948897.7, "trend": 13.086333, "fair_value": 14.217821, "relative_strength": -30.660758, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.548601, "energy": 63.426242, "activity_lines": [ 9.586, 9.973091, 11.242476, 12.016839 ] }, { "date": "2026-08-07", "close": 10.21, "volume": 51178412, "typical_volume": 60135727.05, "trend": 12.905, "fair_value": 14.144808, "relative_strength": -31.774922, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.380973, "energy": 56.289417, "activity_lines": [ 9.782, 9.917455, 11.061714, 11.831269 ] } ], "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." } } }