{ "ticker": { "uuid": "4445ea4d-acd2-4f66-a43d-f00b1093ff59", "symbol": "688296", "name": "Zhejiang Heda Technology Co., Ltd.", "exchange": "SHH", "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": "000001.SS", "stage": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Structural repair", "architecture_gate": "mixed", "architecture_direction": 41.211, "architecture_energy": 37.506, "architecture_maturity": 41.7, "architecture_confidence": 87.005, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 37.03, "rotation_up": 64.09, "upward_expansion": 38.66, "deceleration": 46.41, "rotation_down": 19.61, "downward_expansion": 20.66 }, "activity_lines": [ 15.669334, 14.281637, 14.232952, 14.375247 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.0 }, "latest_close": 19.290001, "trend_reference": 14.61, "distance_from_trend": 0.320329, "trend_direction": "Weakening", "fair_value": 13.262756, "distance_from_fair_value": 0.454449, "fair_value_direction": "Improving", "relative_strength": 33.307024, "relative_strength_direction": "Improving", "price_momentum": 0.242112, "excess_performance": 0.285316, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.320329, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.015941, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.454449, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.254184, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.33307, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.282303, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.242112, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.003767, "read": "Demand-led" } ], "volume": { "latest": 24513484, "relative_activity": 2.205179, "balance": 2.003767, "dry_up": 1.955289, "accumulation_observations": 5, "distribution_observations": 3 }, "risk": { "range_context": 0.101767, "annualized_volatility": 0.57802, "from_high_reference": -0.022301, "from_low_reference": 0.728495 }, "levels": { "trend_reference": 14.61, "fair_value_reference": 13.262756, "structural_low": 11.16, "invalidation": "A 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"2026-07-17", "close": 12.28, "volume": 16624869, "typical_volume": 9205949.85, "trend": 14.350667, "fair_value": 13.295385, "relative_strength": -10.807478, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.494863, "energy": 67.056883, "activity_lines": [ 12.314, 12.863273, 13.669238, 14.063032 ] }, { "date": "2026-07-24", "close": 13.66, "volume": 27387248, "typical_volume": 9932996.65, "trend": 14.351333, "fair_value": 13.268077, "relative_strength": -1.964647, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.330132, "energy": 35.812867, "activity_lines": [ 12.775333, 12.875818, 13.628238, 14.018473 ] }, { "date": "2026-07-31", "close": 15.0, "volume": 18416893, "typical_volume": 10352615.0, "trend": 14.408667, "fair_value": 13.247436, "relative_strength": 7.109386, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -20.283864, "energy": 14.989444, "activity_lines": [ 13.623333, 13.174545, 13.724952, 14.060323 ] }, { "date": "2026-08-07", "close": 19.290001, "volume": 24513484, "typical_volume": 11116325.05, "trend": 14.61, "fair_value": 13.262756, "relative_strength": 33.307024, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 41.210757, "energy": 37.506447, "activity_lines": [ 15.669334, 14.281637, 14.232952, 14.375247 ] } ], "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." } } }