{ "ticker": { "uuid": "08813041-1872-4eda-93a2-fd157e4fb626", "symbol": "300908", "name": "Zhongjing Food 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": -43.22, "architecture_energy": 30.684, "architecture_maturity": 70.857, "architecture_confidence": 85.646, "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": 28.89, "rotation_up": 25.78, "upward_expansion": 15.93, "deceleration": 46.82, "rotation_down": 35.13, "downward_expansion": 63.6 }, "activity_lines": [ 23.495333, 23.321818, 24.211549, 24.918334 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 23.82, "trend_reference": 25.814129, "distance_from_trend": -0.07725, "trend_direction": "Weakening", "fair_value": 26.816431, "distance_from_fair_value": -0.111739, "fair_value_direction": "Weakening", "relative_strength": -15.140881, "relative_strength_direction": "Improving", "price_momentum": -0.14644, "excess_performance": -0.15384, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.07725, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.054992, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.111739, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.1349, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.151409, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.053769, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.14644, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.418449, "read": "Supply-led" } ], "volume": { "latest": 7855913, "relative_activity": 1.408973, "balance": 0.418449, "dry_up": 1.402983, "accumulation_observations": 2, "distribution_observations": 4 }, "risk": { "range_context": 0.067268, "annualized_volatility": 0.274285, "from_high_reference": -0.268558, "from_low_reference": 0.089661 }, "levels": { "trend_reference": 25.814129, "fair_value_reference": 26.816431, "structural_low": 21.860001, "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": 18, "median_return": 0.03124, "positive_rate": 0.777778, "directional_follow_through": 0.222222, "median_excess_return": 0.016477, "regime_survival": 0.666667, "best_return": 0.28319, "worst_return": -0.059264, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.089164, "positive_rate": 0.714286, "directional_follow_through": 0.285714, "median_excess_return": 0.07876, "regime_survival": 0.285714, "best_return": 0.585863, "worst_return": -0.104889, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.065071, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": 0.044615, "regime_survival": 0.5, "best_return": 0.12427, "worst_return": -0.132381, "sufficient": false }, { "horizon": 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-20.049623, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.830311, "energy": 57.66233, "activity_lines": [ 22.807333, 23.103454, 24.432902, 25.15914 ] }, { "date": "2026-07-31", "close": 24.360001, "volume": 11246251, "typical_volume": 5430975.55, "trend": 25.910801, "fair_value": 26.830045, "relative_strength": -9.382428, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.886927, "energy": 38.07029, "activity_lines": [ 23.318, 23.245273, 24.342504, 25.053225 ] }, { "date": "2026-08-07", "close": 23.82, "volume": 7855913, "typical_volume": 5575630.0, "trend": 25.814129, "fair_value": 26.816431, "relative_strength": -15.140881, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.219868, "energy": 30.683558, "activity_lines": [ 23.495333, 23.321818, 24.211549, 24.918334 ] } ], "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." } } }