{ "ticker": { "uuid": "f8d61085-8b4e-493b-8728-71397503b41f", "symbol": "688301", "name": "iRay Group", "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": 1, "stage_name": "Basing", "phase": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "mixed", "architecture_direction": -14.474, "architecture_energy": 24.473, "architecture_maturity": 54.595, "architecture_confidence": 56.328, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 47.91, "rotation_up": 17.13, "upward_expansion": 17.4, "deceleration": 68.29, "rotation_down": 58.45, "downward_expansion": 40.06 }, "activity_lines": [ 91.398666, 98.534489, 102.208377, 98.377291 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.333333 }, "latest_close": 96.389999, "trend_reference": 93.489934, "distance_from_trend": 0.03102, "trend_direction": "Improving", "fair_value": 73.642951, "distance_from_fair_value": 0.308883, "fair_value_direction": "Improving", "relative_strength": 12.741272, "relative_strength_direction": "Improving", "price_momentum": 0.150018, "excess_performance": 0.193222, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.03102, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.124298, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.308883, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.178084, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.127413, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.118014, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.150018, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.223874, "read": "Demand-led" } ], "volume": { "latest": 37647017, "relative_activity": 0.974764, "balance": 1.223874, "dry_up": 1.056288, "accumulation_observations": 5, "distribution_observations": 4 }, "risk": { "range_context": 0.199717, "annualized_volatility": 0.726003, "from_high_reference": -0.365829, "from_low_reference": 0.628883 }, "levels": { "trend_reference": 93.489934, "fair_value_reference": 73.642951, "structural_low": 72.384674, 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"relative_strength": 10.096757, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.685708, "energy": 18.139689, "activity_lines": [ 103.510001, 110.506891, 104.238635, 98.771008 ] }, { "date": "2026-07-24", "close": 90.209999, "volume": 44519239, "typical_volume": 36645574.1, "trend": 92.293732, "fair_value": 73.731489, "relative_strength": 10.176176, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.951417, "energy": 17.697746, "activity_lines": [ 97.642667, 106.145586, 103.564909, 98.668114 ] }, { "date": "2026-07-31", "close": 84.059998, "volume": 33061338, "typical_volume": 37378696.55, "trend": 92.664022, "fair_value": 73.641018, "relative_strength": 1.766999, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -23.821209, "energy": 28.52262, "activity_lines": [ 91.747333, 100.845515, 102.302779, 98.136905 ] }, { "date": "2026-08-07", "close": 96.389999, "volume": 37647017, "typical_volume": 38621677.95, "trend": 93.489934, "fair_value": 73.642951, "relative_strength": 12.741272, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -14.474089, "energy": 24.472672, "activity_lines": [ 91.398666, 98.534489, 102.208377, 98.377291 ] } ], "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." } } }