{ "ticker": { "uuid": "26094bf5-8887-440d-86ad-407ebf52d43c", "symbol": "000534", "name": "Wedge Industrial 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": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 51.617, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -63.313, "architecture_energy": 72.578, "architecture_maturity": 15.453, "architecture_confidence": 84.765, "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": 17.77, "rotation_up": 13.89, "upward_expansion": 17.08, "deceleration": 37.84, "rotation_down": 67.24, "downward_expansion": 90.41 }, "activity_lines": [ 26.036667, 27.350364, 30.767715, 32.814452 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 27.940001, "trend_reference": 33.588334, "distance_from_trend": -0.168164, "trend_direction": "Improving", "fair_value": 17.39135, "distance_from_fair_value": 0.606546, "fair_value_direction": "Weakening", "relative_strength": 0.731712, "relative_strength_direction": "Weakening", "price_momentum": -0.048365, "excess_performance": -0.055765, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.168164, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.073281, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.606546, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.827174, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.007317, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.411153, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.048365, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.372124, "read": "Supply-led" } ], "volume": { "latest": 67263453, "relative_activity": 0.758876, "balance": 0.372124, "dry_up": 0.952778, "accumulation_observations": 1, "distribution_observations": 4 }, "risk": { "range_context": 0.155883, "annualized_volatility": 0.741279, "from_high_reference": -0.43142, "from_low_reference": 0.875168 }, "levels": { "trend_reference": 33.588334, "fair_value_reference": 17.39135, "structural_low": 22.76, "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": 15, "median_return": -0.003065, "positive_rate": 0.466667, "directional_follow_through": 0.533333, "median_excess_return": -0.007402, "regime_survival": 0.733333, "best_return": 0.267416, "worst_return": -0.177225, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": -0.052381, "positive_rate": 0.428571, "directional_follow_through": 0.571429, "median_excess_return": 0.019749, "regime_survival": 0.571429, "best_return": 0.490219, "worst_return": -0.232919, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.094952, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.138673, "regime_survival": 0.5, "best_return": 0.536157, "worst_return": -0.2731, "sufficient": false }, { "horizon": "Full 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"date": "2026-07-24", "close": 24.98, "volume": 96558245, "typical_volume": 97395956.45, "trend": 33.374333, "fair_value": 17.223027, "relative_strength": -5.45861, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.736863, "energy": 59.806344, "activity_lines": [ 26.643333, 28.54, 32.420238, 33.725721 ] }, { "date": "2026-07-31", "close": 24.700001, "volume": 78541889, "typical_volume": 91411419.15, "trend": 33.390334, "fair_value": 17.296427, "relative_strength": -5.65747, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -70.951651, "energy": 78.66706, "activity_lines": [ 25.71, 27.548727, 31.401905, 33.166086 ] }, { "date": "2026-08-07", "close": 27.940001, "volume": 67263453, "typical_volume": 88635573.25, "trend": 33.588334, "fair_value": 17.39135, "relative_strength": 0.731712, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.313223, "energy": 72.57833, "activity_lines": [ 26.036667, 27.350364, 30.767715, 32.814452 ] } ], "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." } } }