{ "ticker": { "uuid": "162cf853-f704-4e56-8e9e-a71f21f60588", "symbol": "300265", "name": "Jiangsu Tongguang Electronic Wire & Cable 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": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 67.408, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -37.556, "architecture_energy": 64.359, "architecture_maturity": 20.589, "architecture_confidence": 60.382, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 24.3, "rotation_up": 16.34, "upward_expansion": 22.39, "deceleration": 43.23, "rotation_down": 72.6, "downward_expansion": 64.06 }, "activity_lines": [ 13.808667, 15.788449, 17.956464, 18.163135 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 14.63, "trend_reference": 17.892968, "distance_from_trend": -0.18236, "trend_direction": "Improving", "fair_value": 10.241896, "distance_from_fair_value": 0.428446, "fair_value_direction": "Weakening", "relative_strength": -1.776964, "relative_strength_direction": "Weakening", "price_momentum": 0.121073, "excess_performance": 0.113673, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.18236, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.137876, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.428446, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.626504, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.01777, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.329885, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.121073, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.666311, "read": "Demand-led" } ], "volume": { "latest": 186637593, "relative_activity": 0.860979, "balance": 1.666311, "dry_up": 0.760791, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.23492, "annualized_volatility": 0.870023, "from_high_reference": -0.451804, "from_low_reference": 0.666287 }, "levels": { "trend_reference": 17.892968, "fair_value_reference": 10.241896, "structural_low": 11.24, "invalidation": "Reclaiming a 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}, { "date": "2026-07-24", "close": 13.39, "volume": 205670053, "typical_volume": 237194796.55, "trend": 17.886302, "fair_value": 10.190282, "relative_strength": -6.536859, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.833305, "energy": 52.640434, "activity_lines": [ 14.868, 17.668965, 18.924931, 18.683669 ] }, { "date": "2026-07-31", "close": 13.04, "volume": 132301124, "typical_volume": 219170613.25, "trend": 17.851968, "fair_value": 10.208596, "relative_strength": -7.645576, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.208326, "energy": 67.49522, "activity_lines": [ 13.778, 16.50669, 18.351983, 18.371004 ] }, { "date": "2026-08-07", "close": 14.63, "volume": 186637593, "typical_volume": 216773788.7, "trend": 17.892968, "fair_value": 10.241896, "relative_strength": -1.776964, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.555924, "energy": 64.359005, "activity_lines": [ 13.808667, 15.788449, 17.956464, 18.163135 ] } ], "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." } } }