{ "ticker": { "uuid": "40dc3838-a127-4d2e-b239-e4eac9ab041b", "symbol": "300546", "name": "Shenzhen Emperor 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": "Established contraction", "architecture_gate": "down", "architecture_direction": -52.393, "architecture_energy": 48.148, "architecture_maturity": 100.0, "architecture_confidence": 62.869, "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": 14.3, "rotation_up": 26.67, "upward_expansion": 19.3, "deceleration": 66.99, "rotation_down": 48.68, "downward_expansion": 71.64 }, "activity_lines": [ 15.371333, 15.298068, 16.586247, 18.055075 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 16.6, "trend_reference": 20.119326, "distance_from_trend": -0.174923, "trend_direction": "Weakening", "fair_value": 18.606188, "distance_from_fair_value": -0.107824, "fair_value_direction": "Weakening", "relative_strength": -30.203245, "relative_strength_direction": "Improving", "price_momentum": -0.301641, "excess_performance": -0.30904, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.174923, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.131622, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.107824, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.188024, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.302032, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.051089, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.301641, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.491109, "read": "Demand-led" } ], "volume": { "latest": 43353211, "relative_activity": 2.222489, "balance": 1.491109, "dry_up": 1.614919, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.102921, "annualized_volatility": 0.415636, "from_high_reference": -0.515894, "from_low_reference": 0.223287 }, "levels": { "trend_reference": 20.119326, "fair_value_reference": 18.606188, "structural_low": 13.57, "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": 23, "median_return": -0.030103, "positive_rate": 0.478261, "directional_follow_through": 0.521739, "median_excess_return": -0.028973, "regime_survival": 0.782609, "best_return": 0.924138, "worst_return": -0.326746, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.05641, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.006742, "regime_survival": 0.555556, "best_return": 0.871942, "worst_return": -0.295866, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.086765, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": -0.035634, "regime_survival": 0.4, "best_return": 0.426495, "worst_return": -0.308248, "sufficient": true }, { "horizon": 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"fair_value": 18.653196, "relative_strength": -40.441559, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.838736, "energy": 85.194036, "activity_lines": [ 14.86, 15.674494, 17.526101, 19.101117 ] }, { "date": "2026-07-24", "close": 13.65, "volume": 20807331, "typical_volume": 18293857.85, "trend": 20.748326, "fair_value": 18.626352, "relative_strength": -42.085373, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.988067, "energy": 88.277622, "activity_lines": [ 14.358, 15.123867, 17.002864, 18.619418 ] }, { "date": "2026-07-31", "close": 15.84, "volume": 46988461, "typical_volume": 18746596.55, "trend": 20.438993, "fair_value": 18.612074, "relative_strength": -30.831985, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.502296, "energy": 64.418371, "activity_lines": [ 14.760667, 15.106733, 16.739722, 18.302752 ] }, { "date": "2026-08-07", "close": 16.6, "volume": 43353211, "typical_volume": 19506603.95, "trend": 20.119326, "fair_value": 18.606188, "relative_strength": -30.203245, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.393396, "energy": 48.148073, "activity_lines": [ 15.371333, 15.298068, 16.586247, 18.055075 ] } ], "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." } } }