{ "ticker": { "uuid": "f8aab1a2-11c8-46ef-9c38-cd2c2df01c44", "symbol": "600098", "name": "Guangzhou Development Group Incorporated", "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": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -44.875, "architecture_energy": 33.783, "architecture_maturity": 49.229, "architecture_confidence": 57.476, "architecture_tenure": "Developing", "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": 33.66, "rotation_up": 23.75, "upward_expansion": 16.03, "deceleration": 66.4, "rotation_down": 39.44, "downward_expansion": 63.69 }, "activity_lines": [ 6.256, 6.244167, 6.516874, 6.713019 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 6.27, "trend_reference": 6.886067, "distance_from_trend": -0.089466, "trend_direction": "Weakening", "fair_value": 6.103883, "distance_from_fair_value": 0.027215, "fair_value_direction": "Weakening", "relative_strength": -7.304429, "relative_strength_direction": "Weakening", "price_momentum": -0.124302, "excess_performance": -0.081098, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.089466, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.019859, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.027215, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.107776, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.073044, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.00056, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.124302, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.455634, "read": "Demand-led" } ], "volume": { "latest": 121951070, "relative_activity": 0.842376, "balance": 1.455634, "dry_up": 1.025162, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.073792, "annualized_volatility": 0.359558, "from_high_reference": -0.262353, "from_low_reference": 0.068143 }, "levels": { "trend_reference": 6.886067, "fair_value_reference": 6.103883, "structural_low": 5.87, 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"trend": 6.9084, "fair_value": 6.095973, "relative_strength": -5.787657, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.076507, "energy": 72.562143, "activity_lines": [ 6.122667, 6.314771, 6.613322, 6.786146 ] }, { "date": "2026-07-31", "close": 6.4, "volume": 128389939, "typical_volume": 146025069.5, "trend": 6.895067, "fair_value": 6.100315, "relative_strength": -2.91426, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.411266, "energy": 45.176844, "activity_lines": [ 6.223333, 6.28656, 6.567789, 6.753346 ] }, { "date": "2026-08-07", "close": 6.27, "volume": 121951070, "typical_volume": 144770300.85, "trend": 6.886067, "fair_value": 6.103883, "relative_strength": -7.304429, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.874965, "energy": 33.783241, "activity_lines": [ 6.256, 6.244167, 6.516874, 6.713019 ] } ], "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." } } }