{ "ticker": { "uuid": "f65267a9-5dd4-4b8a-bead-72d17cbc95a0", "symbol": "688229", "name": "Bonree Data Technology 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": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 79.607, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -63.732, "architecture_energy": 71.554, "architecture_maturity": 15.511, "architecture_confidence": 83.487, "architecture_tenure": "New", "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": 14.28, "rotation_up": 9.91, "upward_expansion": 16.3, "deceleration": 37.32, "rotation_down": 73.9, "downward_expansion": 91.96 }, "activity_lines": [ 65.907333, 70.636182, 78.167285, 81.243097 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 68.849998, "trend_reference": 82.841333, "distance_from_trend": -0.168893, "trend_direction": "Improving", "fair_value": 52.949936, "distance_from_fair_value": 0.300285, "fair_value_direction": "Weakening", "relative_strength": -7.320448, "relative_strength_direction": "Weakening", "price_momentum": -0.049296, "excess_performance": -0.006092, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.168893, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.058553, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.300285, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.764765, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.073204, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.48149, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.049296, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.721738, "read": "Supply-led" } ], "volume": { "latest": 6779754, "relative_activity": 0.81321, "balance": 0.721738, "dry_up": 0.5893, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.174281, "annualized_volatility": 0.807174, "from_high_reference": -0.443726, "from_low_reference": 0.221178 }, "levels": { "trend_reference": 82.841333, "fair_value_reference": 52.949936, "structural_low": 56.900002, "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": 20, "median_return": 0.009517, "positive_rate": 0.55, "directional_follow_through": 0.45, "median_excess_return": 0.01575, "regime_survival": 0.8, "best_return": 0.291348, "worst_return": -0.124961, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.019357, "positive_rate": 0.571429, "directional_follow_through": 0.428571, "median_excess_return": 0.06365, "regime_survival": 0.428571, "best_return": 1.03395, "worst_return": -0.156191, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.036086, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.025549, "regime_survival": 0.5, "best_return": 0.823081, "worst_return": -0.260588, "sufficient": false }, { "horizon": "Full cycle", 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"activity_lines": [ 66.094001, 72.034, 79.583714, 82.132495 ] }, { "date": "2026-08-07", "close": 68.849998, "volume": 6779754, "typical_volume": 8337024.5, "trend": 82.841333, "fair_value": 52.949936, "relative_strength": -7.320448, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.731972, "energy": 71.55386, "activity_lines": [ 65.907333, 70.636182, 78.167285, 81.243097 ] } ], "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." } } }