{ "ticker": { "uuid": "1731294f-ac46-421b-80fc-d32b8f935890", "symbol": "603822", "name": "Zhejiang Jiaao Enprotech Stock Co., Ltd", "exchange": "SHH", "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": "000001.SS", "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": -65.608, "architecture_energy": 79.443, "architecture_maturity": 44.0, "architecture_confidence": 93.82, "architecture_tenure": "Developing", "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": 8.92, "rotation_up": 14.02, "upward_expansion": 19.02, "deceleration": 39.31, "rotation_down": 70.35, "downward_expansion": 92.35 }, "activity_lines": [ 58.280001, 62.585422, 68.420584, 75.557542 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 59.25, "trend_reference": 85.864515, "distance_from_trend": -0.309959, "trend_direction": "Weakening", "fair_value": 52.206894, "distance_from_fair_value": 0.134908, "fair_value_direction": "Weakening", "relative_strength": -29.37239, "relative_strength_direction": "Weakening", "price_momentum": -0.446003, "excess_performance": -0.402799, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.309959, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.090751, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.134908, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.389809, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.293724, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.146495, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.446003, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.353791, "read": "Supply-led" } ], "volume": { "latest": 3264494, "relative_activity": 0.712888, "balance": 0.353791, "dry_up": 0.84753, "accumulation_observations": 1, "distribution_observations": 4 }, "risk": { "range_context": 0.129718, "annualized_volatility": 0.554545, "from_high_reference": -0.523829, "from_low_reference": 0.1604 }, "levels": { "trend_reference": 85.864515, "fair_value_reference": 52.206894, "structural_low": 51.060001, "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": 21, "median_return": -0.008027, "positive_rate": 0.428571, "directional_follow_through": 0.571429, "median_excess_return": 0.004487, "regime_survival": 0.857143, "best_return": 0.300851, "worst_return": -0.343017, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": -0.096867, "positive_rate": 0.428571, "directional_follow_through": 0.571429, "median_excess_return": -0.09521, "regime_survival": 0.571429, "best_return": 0.492604, "worst_return": -0.212625, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.01313, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": 0.056592, "regime_survival": 0.6, "best_return": 1.443787, "worst_return": -0.331535, "sufficient": true }, { "horizon": "Full 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51.541958, "relative_strength": -27.601025, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.183074, "energy": 79.087651, "activity_lines": [ 68.882001, 71.633514, 76.782307, 83.467976 ] }, { "date": "2026-07-17", "close": 59.810001, "volume": 3541202, "typical_volume": 5155121.4, "trend": 89.567515, "fair_value": 51.716702, "relative_strength": -25.797128, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.236376, "energy": 86.278463, "activity_lines": [ 65.216668, 69.253749, 74.444471, 81.495018 ] }, { "date": "2026-07-24", "close": 58.900002, "volume": 5715074, "typical_volume": 4926217.3, "trend": 88.417515, "fair_value": 51.893304, "relative_strength": -27.799742, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.242014, "energy": 80.492935, "activity_lines": [ 62.448001, 66.982232, 72.265779, 79.516469 ] }, { "date": "2026-07-31", "close": 54.91, "volume": 3003449, "typical_volume": 4680548.05, "trend": 87.105848, "fair_value": 52.036702, "relative_strength": -32.814541, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.684997, "energy": 89.448004, "activity_lines": [ 59.249334, 64.200714, 69.988467, 77.354694 ] }, { "date": "2026-08-07", "close": 59.25, "volume": 3264494, "typical_volume": 4579253.8, "trend": 85.864515, "fair_value": 52.206894, "relative_strength": -29.37239, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.607618, "energy": 79.443202, "activity_lines": [ 58.280001, 62.585422, 68.420584, 75.557542 ] } ], "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." } } }