{ "ticker": { "uuid": "1270652d-a03c-4c97-b94e-7cfa50e73fbc", "symbol": "ZBAO", "name": "Zhibao Technology Inc. Class A Ordinary Shares", "exchange": "NASDAQ", "country": "US", "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": "QQQ", "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": -68.734, "architecture_energy": 75.444, "architecture_maturity": 70.0, "architecture_confidence": 87.012, "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": 2.87, "rotation_up": 10.72, "upward_expansion": 17.03, "deceleration": 37.59, "rotation_down": 77.8, "downward_expansion": 95.03 }, "activity_lines": [ 0.21312, 0.314518, 0.48835, 0.578593 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -1.0 }, "latest_close": 0.1881, "trend_reference": 0.690177, "distance_from_trend": -0.727461, "trend_direction": "Weakening", "fair_value": 1.771154, "distance_from_fair_value": -0.893798, "fair_value_direction": "Weakening", "relative_strength": -80.410985, "relative_strength_direction": "Weakening", "price_momentum": -0.786347, "excess_performance": -0.973801, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.727461, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.21809, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.893798, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.248164, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.80411, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.39642, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.786347, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.336238, "read": "Supply-led" } ], "volume": { "latest": 236037423, "relative_activity": 2.950713, "balance": 0.336238, "dry_up": 3.731335, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 1.305601, "annualized_volatility": 1.389565, "from_high_reference": -0.859627, "from_low_reference": 0.254 }, "levels": { "trend_reference": 0.690177, "fair_value_reference": 1.771154, "structural_low": 0.15, "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": 6, "median_return": -0.156515, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.210964, "regime_survival": 1.0, "best_return": 0.147646, "worst_return": -0.556159, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 1, "median_return": 0.344086, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.165322, "regime_survival": 1.0, "best_return": 0.344086, "worst_return": 0.344086, "sufficient": false }, { "horizon": "Extended", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 0, 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"activity_lines": [ 0.48202, 0.586918, 0.670692, 0.721086 ] }, { "date": "2026-07-17", "close": 0.2255, "volume": 31474159, "typical_volume": 22138417.2, "trend": 0.76599, "fair_value": 1.810583, "relative_strength": -77.056431, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.216096, "energy": 74.958371, "activity_lines": [ 0.384427, 0.508258, 0.622865, 0.684787 ] }, { "date": "2026-07-24", "close": 0.1937, "volume": 533353913, "typical_volume": 48607498.7, "trend": 0.74268, "fair_value": 1.797221, "relative_strength": -79.578193, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.491855, "energy": 78.27265, "activity_lines": [ 0.302933, 0.432084, 0.574122, 0.647865 ] }, { "date": "2026-07-31", "close": 0.2001, "volume": 393062617, "typical_volume": 68202238.35, "trend": 0.71924, "fair_value": 1.78413, "relative_strength": -78.577406, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.011214, "energy": 76.214767, "activity_lines": [ 0.249327, 0.36712, 0.530209, 0.61286 ] }, { "date": "2026-08-07", "close": 0.1881, "volume": 236037423, "typical_volume": 79993352.2, "trend": 0.690177, "fair_value": 1.771154, "relative_strength": -80.410985, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.734083, "energy": 75.444256, "activity_lines": [ 0.21312, 0.314518, 0.48835, 0.578593 ] } ], "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." } } }