{ "ticker": { "uuid": "409deb57-8602-4c69-9622-152391f8c64a", "symbol": "300220", "name": "Wuhan Golden Laser 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": -65.182, "architecture_energy": 63.98, "architecture_maturity": 78.981, "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": 8.4, "rotation_up": 22.3, "upward_expansion": 12.0, "deceleration": 60.07, "rotation_down": 60.94, "downward_expansion": 85.33 }, "activity_lines": [ 9.919333, 10.172909, 11.337095, 12.196151 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 10.45, "trend_reference": 13.303, "distance_from_trend": -0.214463, "trend_direction": "Weakening", "fair_value": 11.92359, "distance_from_fair_value": -0.123586, "fair_value_direction": "Weakening", "relative_strength": -29.977126, "relative_strength_direction": "Weakening", "price_momentum": -0.324062, "excess_performance": -0.331462, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.214463, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.100764, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.123586, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.401078, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.299771, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.048032, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.324062, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.290826, "read": "Supply-led" } ], "volume": { "latest": 13505861, "relative_activity": 1.183017, "balance": 0.290826, "dry_up": 1.336134, "accumulation_observations": 2, "distribution_observations": 6 }, "risk": { "range_context": 0.097828, "annualized_volatility": 0.337135, "from_high_reference": -0.447966, "from_low_reference": 0.215116 }, "levels": { "trend_reference": 13.303, "fair_value_reference": 11.92359, "structural_low": 8.6, "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": 25, "median_return": 0.004231, "positive_rate": 0.52, "directional_follow_through": 0.48, "median_excess_return": -0.000206, "regime_survival": 0.76, "best_return": 0.377504, "worst_return": -0.154705, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": 0.036783, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": -0.031736, "regime_survival": 0.5, "best_return": 1.436055, "worst_return": -0.324979, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.038754, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": 0.05673, "regime_survival": 0.333333, "best_return": 1.536209, "worst_return": -0.261426, "sufficient": true }, { "horizon": "Full cycle", 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"volume": 17488147, "typical_volume": 11225073.8, "trend": 13.582333, "fair_value": 11.87859, "relative_strength": -38.556314, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.037331, "energy": 87.104082, "activity_lines": [ 9.744, 10.439091, 11.781238, 12.61972 ] }, { "date": "2026-07-31", "close": 10.0, "volume": 15029200, "typical_volume": 11423815.75, "trend": 13.433, "fair_value": 11.899551, "relative_strength": -30.423974, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.618288, "energy": 66.796343, "activity_lines": [ 9.736667, 10.227273, 11.525667, 12.388602 ] }, { "date": "2026-08-07", "close": 10.45, "volume": 13505861, "typical_volume": 11416458.8, "trend": 13.303, "fair_value": 11.92359, "relative_strength": -29.977126, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.181998, "energy": 63.980378, "activity_lines": [ 9.919333, 10.172909, 11.337095, 12.196151 ] } ], "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." } } }