{ "ticker": { "uuid": "35c2b686-dc6c-4a42-844c-9e816fac0ee7", "symbol": "300306", "name": "HangZhou Everfine Photo-e-info 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": -64.858, "architecture_energy": 62.639, "architecture_maturity": 70.684, "architecture_confidence": 96, "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": 7.88, "rotation_up": 23.4, "upward_expansion": 11.54, "deceleration": 60.38, "rotation_down": 59.4, "downward_expansion": 84.87 }, "activity_lines": [ 9.248667, 9.429455, 10.209579, 10.855755 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 9.61, "trend_reference": 11.784326, "distance_from_trend": -0.18451, "trend_direction": "Weakening", "fair_value": 11.087454, "distance_from_fair_value": -0.133255, "fair_value_direction": "Weakening", "relative_strength": -24.696097, "relative_strength_direction": "Weakening", "price_momentum": -0.304183, "excess_performance": -0.311583, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.18451, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.092011, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.133255, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.257054, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.246961, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.046531, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.304183, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.300265, "read": "Supply-led" } ], "volume": { "latest": 14128900, "relative_activity": 1.142947, "balance": 0.300265, "dry_up": 1.347379, "accumulation_observations": 2, "distribution_observations": 6 }, "risk": { "range_context": 0.079077, "annualized_volatility": 0.307875, "from_high_reference": -0.374298, "from_low_reference": 0.150898 }, "levels": { "trend_reference": 11.784326, "fair_value_reference": 11.087454, "structural_low": 8.35, "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": 0.000976, "positive_rate": 0.533333, "directional_follow_through": 0.466667, "median_excess_return": 0.018128, "regime_survival": 0.733333, "best_return": 0.179957, "worst_return": -0.141953, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": -0.026021, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": 0.032313, "regime_survival": 0.5, "best_return": 0.295259, "worst_return": -0.236497, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.151603, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.098363, "regime_survival": 0.333333, "best_return": 0.285714, "worst_return": -0.112223, "sufficient": false }, { 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"date": "2026-07-10", "close": 9.32, "volume": 18083260, "typical_volume": 12802842.85, "trend": 12.405794, "fair_value": 11.135095, "relative_strength": -33.446739, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.841585, "energy": 91.886297, "activity_lines": [ 9.726, 10.246219, 11.018273, 11.630977 ] }, { "date": "2026-07-17", "close": 9.0, "volume": 15048800, "typical_volume": 12739829.35, "trend": 12.260443, "fair_value": 11.118695, "relative_strength": -28.692689, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.099858, "energy": 88.948328, "activity_lines": [ 9.431333, 9.918776, 10.767221, 11.411248 ] }, { "date": "2026-07-24", "close": 8.68, "volume": 22508260, "typical_volume": 12523330.55, "trend": 12.056756, "fair_value": 11.105297, "relative_strength": -30.775348, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.976418, "energy": 79.135524, "activity_lines": [ 9.123333, 9.598364, 10.510796, 11.180252 ] }, { "date": "2026-07-31", "close": 9.33, "volume": 14938222, "typical_volume": 12429927.45, "trend": 11.912936, "fair_value": 11.09442, "relative_strength": -23.769556, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.484908, "energy": 66.571868, "activity_lines": [ 9.126667, 9.462, 10.338377, 11.004332 ] }, { "date": "2026-08-07", "close": 9.61, "volume": 14128900, "typical_volume": 12361812.45, "trend": 11.784326, "fair_value": 11.087454, "relative_strength": -24.696097, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.85754, "energy": 62.639131, "activity_lines": [ 9.248667, 9.429455, 10.209579, 10.855755 ] } ], "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." } } }