{ "ticker": { "uuid": "0067ca2d-2aff-46e6-8f4e-2f33450c631d", "symbol": "300678", "name": "Chengdu Information Technology of Chinese Academy of Sciences Co.,Ltd", "exchange": "SHZ", "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": "399001.SZ", "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": -51.439, "architecture_energy": 45.415, "architecture_maturity": 97.543, "architecture_confidence": 67.056, "architecture_tenure": "Established", "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": 16.41, "rotation_up": 26.36, "upward_expansion": 18.6, "deceleration": 66.95, "rotation_down": 47.77, "downward_expansion": 70.94 }, "activity_lines": [ 22.649999, 22.532909, 23.899212, 25.468877 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 23.459999, "trend_reference": 27.818177, "distance_from_trend": -0.156667, "trend_direction": "Weakening", "fair_value": 31.347559, "distance_from_fair_value": -0.251616, "fair_value_direction": "Weakening", "relative_strength": -25.92103, "relative_strength_direction": "Improving", "price_momentum": -0.30303, "excess_performance": -0.31043, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.156667, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.091686, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.251616, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.143296, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.25921, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.01588, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.30303, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.536188, "read": "Supply-led" } ], "volume": { "latest": 48552320, "relative_activity": 1.913917, "balance": 0.536188, "dry_up": 1.722499, "accumulation_observations": 2, "distribution_observations": 6 }, "risk": { "range_context": 0.084237, "annualized_volatility": 0.352459, "from_high_reference": -0.433744, "from_low_reference": 0.132239 }, "levels": { "trend_reference": 27.818177, "fair_value_reference": 31.347559, "structural_low": 20.719999, "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": 22, "median_return": -0.00239, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.011151, "regime_survival": 0.727273, "best_return": 0.531146, "worst_return": -0.199541, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.020941, "positive_rate": 0.555556, "directional_follow_through": 0.444444, "median_excess_return": -0.041624, "regime_survival": 0.333333, "best_return": 0.733055, "worst_return": -0.184297, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.040668, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.01289, "regime_survival": 0.333333, "best_return": 0.43241, "worst_return": -0.202081, "sufficient": true }, { "horizon": "Full 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23400728.45, "trend": 28.559511, "fair_value": 31.744613, "relative_strength": -33.863525, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.055032, "energy": 71.66551, "activity_lines": [ 21.972, 22.758356, 24.819812, 26.537944 ] }, { "date": "2026-07-24", "close": 21.15, "volume": 32931564, "typical_volume": 22822807.7, "trend": 28.269511, "fair_value": 31.599598, "relative_strength": -32.318728, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.129221, "energy": 67.569718, "activity_lines": [ 21.584667, 22.280271, 24.313501, 26.059911 ] }, { "date": "2026-07-31", "close": 23.709999, "volume": 64866833, "typical_volume": 24438807.2, "trend": 28.061511, "fair_value": 31.457706, "relative_strength": -22.167962, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.481132, "energy": 56.898652, "activity_lines": [ 22.225333, 22.401096, 24.100238, 25.765749 ] }, { "date": "2026-08-07", "close": 23.459999, "volume": 48552320, "typical_volume": 25368033.0, "trend": 27.818177, "fair_value": 31.347559, "relative_strength": -25.92103, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.438544, "energy": 45.415298, "activity_lines": [ 22.649999, 22.532909, 23.899212, 25.468877 ] } ], "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." } } }