{ "ticker": { "uuid": "fada6216-efb0-49de-87dc-3cc29b0917e4", "symbol": "688793", "name": "Shenzhen Breo 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": "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": -50.384, "architecture_energy": 41.531, "architecture_maturity": 100.0, "architecture_confidence": 62.944, "architecture_tenure": "Extended", "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": 16.64, "rotation_up": 24.55, "upward_expansion": 17.27, "deceleration": 66.72, "rotation_down": 48.31, "downward_expansion": 69.6 }, "activity_lines": [ 16.465333, 16.453454, 17.94319, 19.147699 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 17.549999, "trend_reference": 20.551666, "distance_from_trend": -0.146055, "trend_direction": "Weakening", "fair_value": 29.654744, "distance_from_fair_value": -0.408189, "fair_value_direction": "Weakening", "relative_strength": -27.61095, "relative_strength_direction": "Weakening", "price_momentum": -0.215116, "excess_performance": -0.171913, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.146055, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.143657, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.408189, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.133137, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.276109, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.004457, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.215116, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.925373, "read": "Supply-led" } ], "volume": { "latest": 9016298, "relative_activity": 0.950907, "balance": 0.925373, "dry_up": 1.046482, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.123778, "annualized_volatility": 0.665434, "from_high_reference": -0.520492, "from_low_reference": 0.242038 }, "levels": { "trend_reference": 20.551666, "fair_value_reference": 29.654744, "structural_low": 14.13, "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": -0.003685, "positive_rate": 0.411765, "directional_follow_through": 0.588235, "median_excess_return": -0.022768, "regime_survival": 0.764706, "best_return": 0.168717, "worst_return": -0.196642, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": -0.038242, "positive_rate": 0.285714, "directional_follow_through": 0.714286, "median_excess_return": -0.030468, "regime_survival": 0.428571, "best_return": 0.16184, "worst_return": -0.252137, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.037475, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.032817, "regime_survival": 0.5, "best_return": 0.21726, "worst_return": -0.280736, "sufficient": false 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21.631, "fair_value": 30.21293, "relative_strength": -38.666717, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.550926, "energy": 85.754016, "activity_lines": [ 16.456, 17.572546, 19.444571, 20.400064 ] }, { "date": "2026-07-17", "close": 16.16, "volume": 8626038, "typical_volume": 9103317.55, "trend": 21.288333, "fair_value": 30.069725, "relative_strength": -33.409477, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.751523, "energy": 78.493427, "activity_lines": [ 16.274667, 17.067273, 19.012524, 20.047097 ] }, { "date": "2026-07-24", "close": 14.64, "volume": 8212422, "typical_volume": 9175318.1, "trend": 20.889, "fair_value": 29.910962, "relative_strength": -39.515329, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.795851, "energy": 68.981354, "activity_lines": [ 15.7, 16.403273, 18.467333, 19.618172 ] }, { "date": "2026-07-31", "close": 16.74, "volume": 13835325, "typical_volume": 9555624.6, "trend": 20.693333, "fair_value": 29.784551, "relative_strength": -30.080225, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.818099, "energy": 53.564996, "activity_lines": [ 15.973333, 16.308, 18.154857, 19.350495 ] }, { "date": "2026-08-07", "close": 17.549999, "volume": 9016298, "typical_volume": 9481791.8, "trend": 20.551666, "fair_value": 29.654744, "relative_strength": -27.61095, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.383735, "energy": 41.530637, "activity_lines": [ 16.465333, 16.453454, 17.94319, 19.147699 ] } ], "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." } } }