{ "ticker": { "uuid": "17ca195d-b3a3-45f1-9cad-9f0fdac1737a", "symbol": "300445", "name": "Beijing ConST Instruments Technology Inc.", "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": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -63.444, "architecture_energy": 73.053, "architecture_maturity": 19.3, "architecture_confidence": 81.92, "architecture_tenure": "New", "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": 17.6, "rotation_up": 8.95, "upward_expansion": 16.29, "deceleration": 37.47, "rotation_down": 73.48, "downward_expansion": 89.62 }, "activity_lines": [ 18.151333, 19.187636, 20.715832, 21.11189 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 18.879999, "trend_reference": 21.985497, "distance_from_trend": -0.141252, "trend_direction": "Weakening", "fair_value": 18.145844, "distance_from_fair_value": 0.040459, "fair_value_direction": "Weakening", "relative_strength": -14.245716, "relative_strength_direction": "Weakening", "price_momentum": -0.201768, "excess_performance": -0.209168, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.141252, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.031655, "read": "Falling" 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15.51, "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": 11, "median_return": 0.036334, "positive_rate": 0.727273, "directional_follow_through": 0.272727, "median_excess_return": -0.029713, "regime_survival": 0.727273, "best_return": 0.208899, "worst_return": -0.11126, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.029896, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": -0.050667, "regime_survival": 0.4, "best_return": 0.227992, "worst_return": -0.090184, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.145961, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.004654, "regime_survival": 0.0, "best_return": 0.547182, "worst_return": -0.117063, "sufficient": false }, { "horizon": "Full 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21.977052 ] }, { "date": "2026-07-24", "close": 16.969999, "volume": 18372435, "typical_volume": 18619471.7, "trend": 22.47172, "fair_value": 18.120067, "relative_strength": -20.623831, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.180154, "energy": 81.362998, "activity_lines": [ 18.407333, 20.138909, 21.250192, 21.606275 ] }, { "date": "2026-07-31", "close": 18.15, "volume": 16856225, "typical_volume": 18701993.15, "trend": 22.221255, "fair_value": 18.128308, "relative_strength": -13.514574, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.86245, "energy": 75.559416, "activity_lines": [ 18.082, 19.534545, 20.942144, 21.327455 ] }, { "date": "2026-08-07", "close": 18.879999, "volume": 12942715, "typical_volume": 18582942.7, "trend": 21.985497, "fair_value": 18.145844, "relative_strength": -14.245716, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.443983, "energy": 73.052888, "activity_lines": [ 18.151333, 19.187636, 20.715832, 21.11189 ] } ], "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." } } }