{ "ticker": { "uuid": "f96a8f2a-f3ea-48de-b0a0-95e068c74df4", "symbol": "600480", "name": "Ling Yun Industrial Corporation Limited", "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": "Early contraction", "architecture_gate": "down", "architecture_direction": -60.438, "architecture_energy": 50.028, "architecture_maturity": 28.545, "architecture_confidence": 87.935, "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": 15.37, "rotation_up": 17.82, "upward_expansion": 7.19, "deceleration": 50.29, "rotation_down": 58.2, "downward_expansion": 78.19 }, "activity_lines": [ 8.573333, 8.726545, 9.424226, 9.799572 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 8.68, "trend_reference": 10.398479, "distance_from_trend": -0.165263, "trend_direction": "Weakening", "fair_value": 9.272135, "distance_from_fair_value": -0.063862, "fair_value_direction": "Weakening", "relative_strength": -23.693259, "relative_strength_direction": "Weakening", "price_momentum": -0.253654, "excess_performance": -0.210451, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.165263, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.092138, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.063862, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.325698, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.236933, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.098195, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.253654, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.867667, "read": "Supply-led" } ], "volume": { "latest": 71862538, "relative_activity": 0.599713, "balance": 0.867667, "dry_up": 0.660972, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.107204, "annualized_volatility": 0.546623, "from_high_reference": -0.43787, "from_low_reference": 0.093199 }, "levels": { "trend_reference": 10.398479, "fair_value_reference": 9.272135, "structural_low": 7.94, "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": 17, "median_return": 0.063941, "positive_rate": 0.823529, "directional_follow_through": 0.176471, "median_excess_return": 0.052823, "regime_survival": 0.647059, "best_return": 0.23439, "worst_return": -0.176738, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.168092, "positive_rate": 0.833333, "directional_follow_through": 0.166667, "median_excess_return": 0.136608, "regime_survival": 0.166667, "best_return": 0.368764, "worst_return": -0.008894, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.064041, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": 0.035479, "regime_survival": 0.6, "best_return": 0.942597, "worst_return": -0.146861, "sufficient": true }, { "horizon": "Full 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contraction", "gate": "down", "direction": -78.076569, "energy": 82.12544, "activity_lines": [ 8.622, 9.219335, 9.819097, 10.192245 ] }, { "date": "2026-07-24", "close": 8.24, "volume": 91026029, "typical_volume": 118297125.55, "trend": 10.624812, "fair_value": 9.249393, "relative_strength": -26.235226, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.763749, "energy": 73.561637, "activity_lines": [ 8.429333, 8.931195, 9.641458, 10.030774 ] }, { "date": "2026-07-31", "close": 8.88, "volume": 75612010, "typical_volume": 119724316.1, "trend": 10.518812, "fair_value": 9.261197, "relative_strength": -20.348177, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.328077, "energy": 58.184082, "activity_lines": [ 8.56, 8.822722, 9.537865, 9.918205 ] }, { "date": "2026-08-07", "close": 8.68, "volume": 71862538, "typical_volume": 119828225.7, "trend": 10.398479, "fair_value": 9.272135, "relative_strength": -23.693259, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.43779, "energy": 50.028084, "activity_lines": [ 8.573333, 8.726545, 9.424226, 9.799572 ] } ], "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." } } }