{ "ticker": { "uuid": "20d7e93e-15e7-4575-83b9-49da55d62b4e", "symbol": "688439", "name": "Guizhou Zhenhua Fengguang Semiconductor 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": -64.475, "architecture_energy": 79.976, "architecture_maturity": 52.221, "architecture_confidence": 86.642, "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": 11.21, "rotation_up": 10.59, "upward_expansion": 19.14, "deceleration": 38.64, "rotation_down": 71.24, "downward_expansion": 90.14 }, "activity_lines": [ 39.576667, 41.451187, 44.52645, 47.196293 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 39.82, "trend_reference": 51.564573, "distance_from_trend": -0.227764, "trend_direction": "Weakening", "fair_value": 62.531857, "distance_from_fair_value": -0.363205, "fair_value_direction": "Weakening", "relative_strength": -26.681577, "relative_strength_direction": "Weakening", "price_momentum": -0.349665, "excess_performance": -0.306461, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.227764, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.098197, "read": "Falling" }, { 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"fair_value": 64.199581, "relative_strength": -18.232528, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.728452, "energy": 55.281358, "activity_lines": [ 45.388655, 46.424022, 48.276396, 50.945925 ] }, { "date": "2026-07-17", "close": 39.580002, "volume": 13693259, "typical_volume": 11370638.95, "trend": 53.884573, "fair_value": 63.758566, "relative_strength": -25.50446, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.634737, "energy": 64.084543, "activity_lines": [ 43.601697, 44.951274, 47.239695, 49.976125 ] }, { "date": "2026-07-24", "close": 37.139999, "volume": 12938402, "typical_volume": 11088298.55, "trend": 53.15224, "fair_value": 63.310957, "relative_strength": -30.455018, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.632814, "energy": 68.141195, "activity_lines": [ 41.26386, 43.243921, 46.082851, 48.895829 ] }, { "date": "2026-07-31", "close": 39.380001, "volume": 9313225, "typical_volume": 10827332.55, "trend": 52.390573, "fair_value": 62.917561, "relative_strength": -26.053051, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.927964, "energy": 70.269156, "activity_lines": [ 40.218, 42.190535, 45.241627, 48.007298 ] }, { "date": "2026-08-07", "close": 39.82, "volume": 8624695, "typical_volume": 10690836.5, "trend": 51.564573, "fair_value": 62.531857, "relative_strength": -26.681577, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.47531, "energy": 79.975595, "activity_lines": [ 39.576667, 41.451187, 44.52645, 47.196293 ] } ], "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." } } }