{ "ticker": { "uuid": "fb75cc42-c6c4-4d2c-9d44-b8387eb58e7f", "symbol": "600929", "name": "Snowsky Salt Industry Group 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": "Early contraction", "architecture_gate": "down", "architecture_direction": -41.373, "architecture_energy": 24.847, "architecture_maturity": 74.023, "architecture_confidence": 88.286, "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": 28.94, "rotation_up": 27.69, "upward_expansion": 16.59, "deceleration": 46.85, "rotation_down": 30.41, "downward_expansion": 66.59 }, "activity_lines": [ 5.204, 5.041718, 5.377477, 5.618937 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 5.33, "trend_reference": 5.842919, "distance_from_trend": -0.087785, "trend_direction": "Weakening", "fair_value": 5.654154, "distance_from_fair_value": -0.05733, "fair_value_direction": "Weakening", "relative_strength": -7.711875, "relative_strength_direction": "Weakening", "price_momentum": -0.138934, "excess_performance": -0.09573, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.087785, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.046848, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.05733, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.288669, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.077119, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.215022, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.138934, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.282763, "read": "Supply-led" } ], "volume": { "latest": 98629768, "relative_activity": 0.905132, "balance": 0.282763, "dry_up": 1.236743, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.096929, "annualized_volatility": 0.449727, "from_high_reference": -0.270681, "from_low_reference": 0.1766 }, "levels": { "trend_reference": 5.842919, "fair_value_reference": 5.654154, "structural_low": 4.53, "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": 24, "median_return": 0.009895, "positive_rate": 0.583333, "directional_follow_through": 0.416667, "median_excess_return": 0.004563, "regime_survival": 0.75, "best_return": 0.128459, "worst_return": -0.214619, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.002262, "positive_rate": 0.444444, "directional_follow_through": 0.555556, "median_excess_return": 0.003706, "regime_survival": 0.444444, "best_return": 0.171212, "worst_return": -0.139144, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.096938, "positive_rate": 0.8, "directional_follow_through": 0.2, "median_excess_return": 0.003161, "regime_survival": 0.0, "best_return": 0.515805, "worst_return": -0.184058, "sufficient": true }, { "horizon": "Full cycle", 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"activity_lines": [ 5.078667, 4.984954, 5.416227, 5.652717 ] }, { "date": "2026-08-07", "close": 5.33, "volume": 98629768, "typical_volume": 108967235.7, "trend": 5.842919, "fair_value": 5.654154, "relative_strength": -7.711875, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.373358, "energy": 24.847214, "activity_lines": [ 5.204, 5.041718, 5.377477, 5.618937 ] } ], "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." } } }