{ "ticker": { "uuid": "1ac0e9c0-cb12-4835-87b8-a766f8f30f4d", "symbol": "000997", "name": "Newland Digital 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": 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": -46.101, "architecture_energy": 32.854, "architecture_maturity": 100.0, "architecture_confidence": 92.423, "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": 25.49, "rotation_up": 26.74, "upward_expansion": 16.56, "deceleration": 46.95, "rotation_down": 40.29, "downward_expansion": 68.89 }, "activity_lines": [ 17.636, 17.244932, 18.363384, 19.424435 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 18.360001, "trend_reference": 21.362372, "distance_from_trend": -0.140545, "trend_direction": "Weakening", "fair_value": 21.002453, "distance_from_fair_value": -0.125816, "fair_value_direction": "Weakening", "relative_strength": -26.402813, "relative_strength_direction": "Improving", "price_momentum": -0.327965, "excess_performance": -0.335365, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.140545, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.121829, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.125816, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.145778, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.264028, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.102565, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.327965, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.619458, "read": "Supply-led" } ], "volume": { "latest": 128820096, "relative_activity": 1.25672, "balance": 0.619458, "dry_up": 1.297075, "accumulation_observations": 3, "distribution_observations": 4 }, "risk": { "range_context": 0.10686, "annualized_volatility": 0.479036, "from_high_reference": -0.418987, "from_low_reference": 0.211082 }, "levels": { "trend_reference": 21.362372, "fair_value_reference": 21.002453, "structural_low": 15.16, "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": 19, "median_return": 0.025929, "positive_rate": 0.578947, "directional_follow_through": 0.421053, "median_excess_return": -0.021807, "regime_survival": 0.736842, "best_return": 0.31754, "worst_return": -0.15066, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": -0.007267, "positive_rate": 0.428571, "directional_follow_through": 0.571429, "median_excess_return": -0.05496, "regime_survival": 0.428571, "best_return": 0.60924, "worst_return": -0.218465, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.031103, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.058865, "regime_survival": 0.5, "best_return": 0.922028, "worst_return": -0.302952, "sufficient": false }, 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"relative_strength": -35.066691, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.427616, "energy": 80.339487, "activity_lines": [ 16.401573, 17.411721, 18.858115, 20.235216 ] }, { "date": "2026-07-24", "close": 16.209999, "volume": 157595399, "typical_volume": 95511029.55, "trend": 21.951705, "fair_value": 20.993803, "relative_strength": -34.559421, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.87265, "energy": 60.67032, "activity_lines": [ 16.291999, 16.963201, 18.515109, 19.843536 ] }, { "date": "2026-07-31", "close": 18.790001, "volume": 136471517, "typical_volume": 99294282.8, "trend": 21.694372, "fair_value": 20.99511, "relative_strength": -21.834332, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.038126, "energy": 42.992184, "activity_lines": [ 17.128666, 17.091561, 18.450866, 19.639556 ] }, { "date": "2026-08-07", "close": 18.360001, "volume": 128820096, "typical_volume": 102505008.3, "trend": 21.362372, "fair_value": 21.002453, "relative_strength": -26.402813, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.100659, "energy": 32.854369, "activity_lines": [ 17.636, 17.244932, 18.363384, 19.424435 ] } ], "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." } } }