{ "ticker": { "uuid": "2f705b9d-835b-4cc2-89cc-73f3b009033f", "symbol": "002034", "name": "Wangneng Environment 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": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -63.125, "architecture_energy": 69.155, "architecture_maturity": 18.594, "architecture_confidence": 90.804, "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": 18.83, "rotation_up": 12.2, "upward_expansion": 15.55, "deceleration": 38.84, "rotation_down": 68.53, "downward_expansion": 88.89 }, "activity_lines": [ 14.053333, 14.632, 16.270143, 16.819592 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 14.07, "trend_reference": 17.209333, "distance_from_trend": -0.18242, "trend_direction": "Weakening", "fair_value": 15.372707, "distance_from_fair_value": -0.084742, "fair_value_direction": "Weakening", "relative_strength": -20.163623, "relative_strength_direction": "Weakening", "price_momentum": -0.166469, "excess_performance": -0.173869, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.18242, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.022086, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.084742, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.291865, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.201636, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.071874, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.166469, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.483839, "read": "Supply-led" } ], "volume": { "latest": 41843215, "relative_activity": 0.725038, "balance": 0.483839, "dry_up": 0.691668, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.132798, "annualized_volatility": 0.52687, "from_high_reference": -0.408824, "from_low_reference": 0.042222 }, "levels": { "trend_reference": 17.209333, "fair_value_reference": 15.372707, "structural_low": 13.5, "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": 21, "median_return": 0.018821, "positive_rate": 0.571429, "directional_follow_through": 0.428571, "median_excess_return": 0.002537, "regime_survival": 0.761905, "best_return": 0.092193, "worst_return": -0.053861, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.056234, "positive_rate": 0.714286, "directional_follow_through": 0.285714, "median_excess_return": 0.018635, "regime_survival": 0.285714, "best_return": 0.229572, "worst_return": -0.079809, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.045768, "positive_rate": 0.2, "directional_follow_through": 0.8, "median_excess_return": 0.005509, "regime_survival": 0.4, "best_return": 0.17516, "worst_return": -0.117548, "sufficient": true }, { "horizon": "Full 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"energy": 68.923196, "activity_lines": [ 14.648667, 16.065636, 17.276286, 17.453269 ] }, { "date": "2026-07-24", "close": 13.76, "volume": 43983046, "typical_volume": 57536825.7, "trend": 17.329333, "fair_value": 15.375979, "relative_strength": -20.178664, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -71.933236, "energy": 79.15638, "activity_lines": [ 14.180667, 15.379454, 16.892429, 17.21828 ] }, { "date": "2026-07-31", "close": 14.35, "volume": 32780817, "typical_volume": 57275383.75, "trend": 17.270333, "fair_value": 15.374855, "relative_strength": -14.91783, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.146134, "energy": 74.502153, "activity_lines": [ 14.134667, 14.969091, 16.583857, 17.026065 ] }, { "date": "2026-08-07", "close": 14.07, "volume": 41843215, "typical_volume": 57711764.35, "trend": 17.209333, "fair_value": 15.372707, "relative_strength": -20.163623, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.125231, "energy": 69.154507, "activity_lines": [ 14.053333, 14.632, 16.270143, 16.819592 ] } ], "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." } } }