{ "ticker": { "uuid": "f6b469c3-11cd-4ce0-bd01-4c417980b15c", "symbol": "301177", "name": "DR Corporation Limited", "exchange": "SHZ", "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": "399001.SZ", "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": -60.999, "architecture_energy": 67.748, "architecture_maturity": 51.243, "architecture_confidence": 90.506, "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": 13.12, "rotation_up": 12.04, "upward_expansion": 15.01, "deceleration": 38.65, "rotation_down": 65.66, "downward_expansion": 86.01 }, "activity_lines": [ 22.226, 23.3, 24.945678, 26.163736 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 23.25, "trend_reference": 27.862383, "distance_from_trend": -0.165542, "trend_direction": "Weakening", "fair_value": 26.823445, "distance_from_fair_value": -0.133221, "fair_value_direction": "Weakening", "relative_strength": -24.211088, "relative_strength_direction": "Weakening", "price_momentum": -0.333811, "excess_performance": -0.341211, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.165542, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.067422, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.133221, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.19309, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.242111, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.029003, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.333811, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.552169, "read": "Supply-led" } ], "volume": { "latest": 6310689, "relative_activity": 0.898061, "balance": 0.552169, "dry_up": 0.950962, "accumulation_observations": 1, "distribution_observations": 4 }, "risk": { "range_context": 0.125886, "annualized_volatility": 0.437721, "from_high_reference": -0.469299, "from_low_reference": 0.161919 }, "levels": { "trend_reference": 27.862383, "fair_value_reference": 26.823445, "structural_low": 20.01, "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": 21, "median_return": -0.029032, "positive_rate": 0.285714, "directional_follow_through": 0.714286, "median_excess_return": -0.02282, "regime_survival": 0.904762, "best_return": 0.259842, "worst_return": -0.232162, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": -0.143222, "positive_rate": 0.142857, "directional_follow_through": 0.857143, "median_excess_return": -0.103261, "regime_survival": 0.857143, "best_return": 0.288483, "worst_return": -0.212289, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.292242, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.158952, "regime_survival": 0.75, "best_return": 0.348284, "worst_return": -0.325107, "sufficient": false }, { "horizon": 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25.851684, 26.880373, 27.838114 ] }, { "date": "2026-07-17", "close": 21.16, "volume": 8960715, "typical_volume": 8345968.5, "trend": 28.544383, "fair_value": 27.091008, "relative_strength": -29.819405, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.472716, "energy": 61.565737, "activity_lines": [ 23.678666, 24.846002, 26.251223, 27.345789 ] }, { "date": "2026-07-24", "close": 20.67, "volume": 6052192, "typical_volume": 7330734.05, "trend": 28.267716, "fair_value": 26.990953, "relative_strength": -31.115268, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.924177, "energy": 76.501492, "activity_lines": [ 22.339333, 23.903943, 25.628026, 26.837764 ] }, { "date": "2026-07-31", "close": 22.620001, "volume": 5406119, "typical_volume": 7064044.15, "trend": 28.049716, "fair_value": 26.89965, "relative_strength": -22.901927, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.56195, "energy": 75.630098, "activity_lines": [ 22.053334, 23.495683, 25.240304, 26.473395 ] }, { "date": "2026-08-07", "close": 23.25, "volume": 6310689, "typical_volume": 7027016.35, "trend": 27.862383, "fair_value": 26.823445, "relative_strength": -24.211088, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.998947, "energy": 67.747948, "activity_lines": [ 22.226, 23.3, 24.945678, 26.163736 ] } ], "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." } } }