{ "ticker": { "uuid": "1c2cc43a-c637-4da7-9d26-c7d1ca7edb17", "symbol": "301262", "name": "Hicon Network Technology (Shandong) 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": -46.572, "architecture_energy": 36.306, "architecture_maturity": 88.342, "architecture_confidence": 90.964, "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": 19.32, "rotation_up": 26.54, "upward_expansion": 17.22, "deceleration": 46.99, "rotation_down": 39.69, "downward_expansion": 67.22 }, "activity_lines": [ 19.482, 19.26494, 20.257499, 21.341112 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 19.91, "trend_reference": 22.913522, "distance_from_trend": -0.131081, "trend_direction": "Weakening", "fair_value": 24.660817, "distance_from_fair_value": -0.192646, "fair_value_direction": "Weakening", "relative_strength": -19.22079, "relative_strength_direction": "Improving", "price_momentum": -0.273623, "excess_performance": -0.281023, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.131081, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.074869, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.192646, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.164581, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.192208, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.007764, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.273623, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.395831, "read": "Supply-led" } ], "volume": { "latest": 60351769, "relative_activity": 3.21281, "balance": 0.395831, "dry_up": 1.98328, "accumulation_observations": 1, "distribution_observations": 5 }, "risk": { "range_context": 0.084698, "annualized_volatility": 0.32524, "from_high_reference": -0.487912, "from_low_reference": 0.121059 }, "levels": { "trend_reference": 22.913522, "fair_value_reference": 24.660817, "structural_low": 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"close": 17.879999, "volume": 19619791, "typical_volume": 15377015.85, "trend": 23.158638, "fair_value": 24.765086, "relative_strength": -26.011372, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.560603, "energy": 68.116937, "activity_lines": [ 18.519182, 19.011169, 20.494416, 21.710321 ] }, { "date": "2026-07-31", "close": 20.59, "volume": 50463330, "typical_volume": 16625966.85, "trend": 23.064098, "fair_value": 24.717077, "relative_strength": -12.846733, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.532439, "energy": 45.101012, "activity_lines": [ 19.195237, 19.1856, 20.398433, 21.544602 ] }, { "date": "2026-08-07", "close": 19.91, "volume": 60351769, "typical_volume": 18784731.1, "trend": 22.913522, "fair_value": 24.660817, "relative_strength": -19.22079, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.572036, "energy": 36.306083, "activity_lines": [ 19.482, 19.26494, 20.257499, 21.341112 ] } ], "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." } } }