{ "ticker": { "uuid": "0ef255dc-a720-4949-819a-ec525ae4fcf2", "symbol": "002977", "name": "Chengdu Tianjian 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": "Established contraction", "architecture_gate": "down", "architecture_direction": -58.858, "architecture_energy": 46.528, "architecture_maturity": 72.705, "architecture_confidence": 92.354, "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": 16.82, "rotation_up": 19.0, "upward_expansion": 6.25, "deceleration": 54.66, "rotation_down": 55.53, "downward_expansion": 77.25 }, "activity_lines": [ 21.943333, 22.491818, 24.275619, 25.543634 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Stable", "price_acceptance": -0.5 }, "latest_close": 21.969999, "trend_reference": 27.647667, "distance_from_trend": -0.205358, "trend_direction": "Weakening", "fair_value": 30.770173, "distance_from_fair_value": -0.285997, "fair_value_direction": "Weakening", "relative_strength": -33.483765, "relative_strength_direction": "Improving", "price_momentum": -0.278489, "excess_performance": -0.285889, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.205358, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.151174, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.285997, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.184592, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.334838, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.025037, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.278489, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.581102, "read": "Supply-led" } ], "volume": { "latest": 5026628, "relative_activity": 0.571973, "balance": 0.581102, "dry_up": 0.866607, "accumulation_observations": 2, "distribution_observations": 4 }, "risk": { "range_context": 0.143062, "annualized_volatility": 0.462482, "from_high_reference": -0.520829, "from_low_reference": 0.196623 }, "levels": { "trend_reference": 27.647667, "fair_value_reference": 30.770173, "structural_low": 18.360001, "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": 26, "median_return": 0.019133, "positive_rate": 0.576923, "directional_follow_through": 0.423077, "median_excess_return": 0.013173, "regime_survival": 0.730769, "best_return": 0.289861, "worst_return": -0.239239, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.104323, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.028656, "regime_survival": 0.222222, "best_return": 0.499069, "worst_return": -0.247832, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.021478, "positive_rate": 0.571429, "directional_follow_through": 0.428571, "median_excess_return": -0.049842, "regime_survival": 0.428571, "best_return": 0.325098, "worst_return": -0.181582, 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23.895818, 25.546286, 26.911226 ] }, { "date": "2026-07-24", "close": 22.1, "volume": 9468845, "typical_volume": 9140956.45, "trend": 28.836667, "fair_value": 30.921749, "relative_strength": -32.379745, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.076509, "energy": 46.71927, "activity_lines": [ 22.702667, 23.350182, 25.117714, 26.430021 ] }, { "date": "2026-07-31", "close": 21.219999, "volume": 9487304, "typical_volume": 9051296.8, "trend": 28.092333, "fair_value": 30.835816, "relative_strength": -33.246028, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.767043, "energy": 49.466424, "activity_lines": [ 22.204666, 22.787636, 24.64319, 25.938623 ] }, { "date": "2026-08-07", "close": 21.969999, "volume": 5026628, "typical_volume": 8788222.8, "trend": 27.647667, "fair_value": 30.770173, "relative_strength": -33.483765, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.858206, "energy": 46.528289, "activity_lines": [ 21.943333, 22.491818, 24.275619, 25.543634 ] } ], "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." } } }