{ "ticker": { "uuid": "128d33ee-97f8-4f85-8510-ce3d839b3a8f", "symbol": "001270", "name": "Zhejiang Chengchang 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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 96.0, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "down", "architecture_direction": -56.641, "architecture_energy": 55.017, "architecture_maturity": 13.594, "architecture_confidence": 52.373, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 36.84, "rotation_up": 13.51, "upward_expansion": 12.93, "deceleration": 38.3, "rotation_down": 69.67, "downward_expansion": 79.26 }, "activity_lines": [ 109.221999, 122.248181, 130.562465, 130.596248 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.166667 }, "latest_close": 118.379997, "trend_reference": 130.796681, "distance_from_trend": -0.094931, "trend_direction": "Improving", "fair_value": 60.281106, "distance_from_fair_value": 0.963799, "fair_value_direction": "Weakening", "relative_strength": 21.992635, "relative_strength_direction": "Weakening", "price_momentum": -0.246327, "excess_performance": -0.253727, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.094931, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.220654, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.963799, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.898676, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.219926, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.617606, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.246327, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.048599, "read": "Demand-led" } ], "volume": { "latest": 59292005, "relative_activity": 1.482319, "balance": 1.048599, "dry_up": 1.410808, "accumulation_observations": 4, "distribution_observations": 4 }, "risk": { "range_context": 0.200385, "annualized_volatility": 0.917304, "from_high_reference": -0.344663, "from_low_reference": 1.970312 }, "levels": { "trend_reference": 130.796681, "fair_value_reference": 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144.404667, 142.854043, 138.45354, 134.095585 ] }, { "date": "2026-07-10", "close": 166.300003, "volume": 99423251, "typical_volume": 35264432.9, "trend": 126.993236, "fair_value": 59.357119, "relative_strength": 70.598529, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 66.717067, "energy": 47.549927, "activity_lines": [ 153.152001, 147.075967, 141.597059, 136.883674 ] }, { "date": "2026-07-17", "close": 109.940002, "volume": 62626380, "typical_volume": 36522324.6, "trend": 128.620079, "fair_value": 59.634073, "relative_strength": 22.217455, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.275619, "energy": 15.23531, "activity_lines": [ 141.200002, 140.575244, 139.185021, 135.783466 ] }, { "date": "2026-07-24", "close": 96.669998, "volume": 60583289, "typical_volume": 37996381.15, "trend": 129.489695, "fair_value": 59.813271, "relative_strength": 5.878285, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -28.117506, "energy": 19.30818, "activity_lines": [ 125.872001, 132.509277, 135.646869, 133.72217 ] }, { "date": "2026-07-31", "close": 92.559998, "volume": 43224661, "typical_volume": 38651832.9, "trend": 129.902091, "fair_value": 59.938779, "relative_strength": 1.861711, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -35.029789, "energy": 50.465814, "activity_lines": [ 111.681333, 124.571091, 131.829443, 131.339609 ] }, { "date": "2026-08-07", "close": 118.379997, "volume": 59292005, "typical_volume": 39999480.5, "trend": 130.796681, "fair_value": 60.281106, "relative_strength": 21.992635, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -56.641232, "energy": 55.017298, "activity_lines": [ 109.221999, 122.248181, 130.562465, 130.596248 ] } ], "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." } } }