{ "ticker": { "uuid": "23facaaf-cfd0-41f4-9ca5-392ae71512e6", "symbol": "002322", "name": "Ningbo Ligong Environment And Energy 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": "Early contraction", "architecture_gate": "down", "architecture_direction": -48.154, "architecture_energy": 41.559, "architecture_maturity": 79.895, "architecture_confidence": 94.955, "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": 17.6, "rotation_up": 27.7, "upward_expansion": 19.78, "deceleration": 46.82, "rotation_down": 39.24, "downward_expansion": 69.78 }, "activity_lines": [ 10.408667, 10.284545, 10.781329, 11.381495 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 10.68, "trend_reference": 12.035718, "distance_from_trend": -0.112641, "trend_direction": "Weakening", "fair_value": 11.74711, "distance_from_fair_value": -0.09084, "fair_value_direction": "Weakening", "relative_strength": -15.09002, "relative_strength_direction": "Improving", "price_momentum": -0.16949, "excess_performance": -0.17689, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.112641, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.043744, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.09084, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.146416, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.1509, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.049701, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.16949, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.287395, "read": "Supply-led" } ], "volume": { "latest": 20019989, "relative_activity": 0.88188, "balance": 0.287395, "dry_up": 0.830435, "accumulation_observations": 0, "distribution_observations": 2 }, "risk": { "range_context": 0.060357, "annualized_volatility": 0.344869, "from_high_reference": -0.295374, "from_low_reference": 0.123028 }, "levels": { "trend_reference": 12.035718, "fair_value_reference": 11.74711, "structural_low": 9.51, "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": 19, "median_return": 0.06888, "positive_rate": 0.736842, "directional_follow_through": 0.210526, "median_excess_return": 0.038242, "regime_survival": 0.684211, "best_return": 0.394095, "worst_return": -0.03681, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.175053, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.10463, "regime_survival": 0.0, "best_return": 0.266871, "worst_return": 0.022727, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.0491, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": 0.108027, "regime_survival": 0.4, "best_return": 0.304082, "worst_return": -0.143956, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, 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"typical_volume": 28342939.35, "trend": 12.215159, "fair_value": 11.698078, "relative_strength": -27.655586, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.509405, "energy": 89.004832, "activity_lines": [ 10.019333, 10.451636, 11.345972, 11.838891 ] }, { "date": "2026-07-17", "close": 10.23, "volume": 17757796, "typical_volume": 27910448.75, "trend": 12.170015, "fair_value": 11.707707, "relative_strength": -16.949407, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.083946, "energy": 83.568358, "activity_lines": [ 10.052667, 10.335818, 11.166318, 11.710817 ] }, { "date": "2026-07-24", "close": 9.83, "volume": 19275136, "typical_volume": 26854423.6, "trend": 12.105047, "fair_value": 11.716815, "relative_strength": -19.938524, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.876764, "energy": 81.550665, "activity_lines": [ 9.980667, 10.183273, 10.965031, 11.559848 ] }, { "date": "2026-07-31", "close": 10.73, "volume": 18355504, "typical_volume": 24324179.2, "trend": 12.069431, "fair_value": 11.731528, "relative_strength": -10.754819, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.736627, "energy": 53.039556, "activity_lines": [ 10.237333, 10.229636, 10.867825, 11.471135 ] }, { "date": "2026-08-07", "close": 10.68, "volume": 20019989, "typical_volume": 22701489.25, "trend": 12.035718, "fair_value": 11.74711, "relative_strength": -15.09002, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.154302, "energy": 41.559138, "activity_lines": [ 10.408667, 10.284545, 10.781329, 11.381495 ] } ], "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." } } }