{ "ticker": { "uuid": "0f88a3c1-2316-4bd8-a6ee-c161589d1242", "symbol": "300168", "name": "Wonders Information 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": -42.644, "architecture_energy": 28.785, "architecture_maturity": 100.0, "architecture_confidence": 87.119, "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": 27.81, "rotation_up": 27.08, "upward_expansion": 16.09, "deceleration": 46.97, "rotation_down": 34.79, "downward_expansion": 66.09 }, "activity_lines": [ 4.92, 4.816545, 5.00719, 5.246774 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 5.2, "trend_reference": 5.669, "distance_from_trend": -0.082731, "trend_direction": "Weakening", "fair_value": 7.079679, "distance_from_fair_value": -0.265503, "fair_value_direction": "Weakening", "relative_strength": -20.675027, "relative_strength_direction": "Improving", "price_momentum": -0.22963, "excess_performance": -0.237029, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.082731, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.10258, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.265503, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.02858, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.20675, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.110149, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.22963, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.794118, "read": "Supply-led" } ], "volume": { "latest": 159590464, "relative_activity": 1.804564, "balance": 0.794118, "dry_up": 1.425761, "accumulation_observations": 3, "distribution_observations": 5 }, "risk": { "range_context": 0.080769, "annualized_volatility": 0.337794, "from_high_reference": -0.413093, "from_low_reference": 0.165919 }, "levels": { "trend_reference": 5.669, "fair_value_reference": 7.079679, "structural_low": 4.46, "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": 39, "median_return": -0.014151, "positive_rate": 0.487179, "directional_follow_through": 0.512821, "median_excess_return": -0.023791, "regime_survival": 0.846154, "best_return": 0.450199, "worst_return": -0.228087, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 14, "median_return": -0.09757, "positive_rate": 0.285714, "directional_follow_through": 0.714286, "median_excess_return": -0.04469, "regime_survival": 0.714286, "best_return": 0.840637, "worst_return": -0.265306, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": -0.183617, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.147641, "regime_survival": 0.625, "best_return": 0.962815, "worst_return": -0.327451, "sufficient": true }, { "horizon": 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5.107667, 5.410344 ] }, { "date": "2026-07-24", "close": 4.52, "volume": 107196028, "typical_volume": 83870728.7, "trend": 5.757333, "fair_value": 7.147821, "relative_strength": -30.517701, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.612688, "energy": 58.821506, "activity_lines": [ 4.62, 4.712182, 5.029, 5.326022 ] }, { "date": "2026-07-31", "close": 5.04, "volume": 120609157, "typical_volume": 85521077.6, "trend": 5.711, "fair_value": 7.111795, "relative_strength": -20.222009, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.309499, "energy": 42.146417, "activity_lines": [ 4.762667, 4.744364, 5.008048, 5.279742 ] }, { "date": "2026-08-07", "close": 5.2, "volume": 159590464, "typical_volume": 88437131.55, "trend": 5.669, "fair_value": 7.079679, "relative_strength": -20.675027, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.643562, "energy": 28.784814, "activity_lines": [ 4.92, 4.816545, 5.00719, 5.246774 ] } ], "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." } } }