{ "ticker": { "uuid": "0bdafa91-1ec0-43be-b920-2bc46765ecd1", "symbol": "300829", "name": "Henan Jindan Lactic Acid Technology 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": "Early contraction", "architecture_gate": "down", "architecture_direction": -61.78, "architecture_energy": 51.205, "architecture_maturity": 51.46, "architecture_confidence": 89.305, "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": 11.87, "rotation_up": 24.03, "upward_expansion": 8.23, "deceleration": 60.09, "rotation_down": 54.16, "downward_expansion": 81.56 }, "activity_lines": [ 14.125333, 14.242182, 15.538723, 16.451254 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 14.55, "trend_reference": 17.366571, "distance_from_trend": -0.162183, "trend_direction": "Weakening", "fair_value": 17.443807, "distance_from_fair_value": -0.165893, "fair_value_direction": "Weakening", "relative_strength": -20.668927, "relative_strength_direction": "Improving", "price_momentum": -0.23622, "excess_performance": -0.24362, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.162183, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.051037, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.165893, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.16833, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.206689, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.00458, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.23622, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.976988, "read": "Supply-led" } ], "volume": { "latest": 13656563, "relative_activity": 0.586132, "balance": 0.976988, "dry_up": 0.616761, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.105984, "annualized_volatility": 0.433546, "from_high_reference": -0.338636, "from_low_reference": 0.12442 }, "levels": { "trend_reference": 17.366571, "fair_value_reference": 17.443807, "structural_low": 12.94, "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": 31, "median_return": -0.003203, "positive_rate": 0.451613, "directional_follow_through": 0.548387, "median_excess_return": 0.008578, "regime_survival": 0.806452, "best_return": 0.239357, "worst_return": -0.207818, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": 0.010107, "positive_rate": 0.545455, "directional_follow_through": 0.454545, "median_excess_return": -0.015614, "regime_survival": 0.545455, "best_return": 0.216463, "worst_return": -0.23748, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": -0.079268, "positive_rate": 0.142857, "directional_follow_through": 0.857143, "median_excess_return": -0.088317, "regime_survival": 0.571429, "best_return": 0.134823, "worst_return": -0.309382, "sufficient": true }, 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17.661499, "relative_strength": -31.455039, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.951437, "energy": 86.618909, "activity_lines": [ 14.739333, 16.06166, 17.188559, 17.616944 ] }, { "date": "2026-07-10", "close": 14.03, "volume": 17930842, "typical_volume": 33347604.75, "trend": 17.725238, "fair_value": 17.621506, "relative_strength": -29.702602, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.592587, "energy": 87.940932, "activity_lines": [ 14.322667, 15.550833, 16.810001, 17.372025 ] }, { "date": "2026-07-17", "close": 13.92, "volume": 12240424, "typical_volume": 32997363.8, "trend": 17.642571, "fair_value": 17.577759, "relative_strength": -22.761321, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.27305, "energy": 86.690134, "activity_lines": [ 14.081333, 15.079271, 16.440634, 17.126526 ] }, { "date": "2026-07-24", "close": 13.02, "volume": 13424428, "typical_volume": 29373410.05, "trend": 17.509571, "fair_value": 17.527862, "relative_strength": -27.429609, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.897493, "energy": 87.07865, "activity_lines": [ 13.682, 14.516725, 16.010076, 16.828296 ] }, { "date": "2026-07-31", "close": 14.55, "volume": 18159418, "typical_volume": 25995268.0, "trend": 17.434571, "fair_value": 17.486247, "relative_strength": -17.103249, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.94947, "energy": 57.407644, "activity_lines": [ 13.931333, 14.33602, 15.760519, 16.637355 ] }, { "date": "2026-08-07", "close": 14.55, "volume": 13656563, "typical_volume": 23299461.7, "trend": 17.366571, "fair_value": 17.443807, "relative_strength": -20.668927, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.780421, "energy": 51.204925, "activity_lines": [ 14.125333, 14.242182, 15.538723, 16.451254 ] } ], "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." } } }