{ "ticker": { "uuid": "4bdfc7ea-9264-4155-97ed-6458c6d17934", "symbol": "688320", "name": "Zhejiang Hechuan 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": 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": -50.423, "architecture_energy": 60.794, "architecture_maturity": 11.212, "architecture_confidence": 70.425, "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": 33.99, "rotation_up": 8.9, "upward_expansion": 20.67, "deceleration": 42.18, "rotation_down": 72.65, "downward_expansion": 79.67 }, "activity_lines": [ 29.572667, 32.413637, 34.331762, 34.311054 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 31.48, "trend_reference": 34.599, "distance_from_trend": -0.090147, "trend_direction": "Weakening", "fair_value": 36.424297, "distance_from_fair_value": -0.135742, "fair_value_direction": "Weakening", "relative_strength": -15.679141, "relative_strength_direction": "Weakening", "price_momentum": -0.076562, "excess_performance": -0.033358, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.090147, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.011099, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.135742, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.1798, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.156791, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.020128, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.076562, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.644338, "read": "Supply-led" } ], "volume": { "latest": 17656175, "relative_activity": 0.924713, "balance": 0.644338, "dry_up": 1.17533, "accumulation_observations": 2, "distribution_observations": 5 }, "risk": { "range_context": 0.163816, "annualized_volatility": 0.6775, "from_high_reference": -0.436751, "from_low_reference": 0.291222 }, "levels": { "trend_reference": 34.599, "fair_value_reference": 36.424297, "structural_low": 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23514235, "typical_volume": 18294840.9, "trend": 34.979, "fair_value": 36.567504, "relative_strength": -29.044849, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -44.183384, "energy": 38.407854, "activity_lines": [ 31.437334, 34.259637, 35.109381, 34.904774 ] }, { "date": "2026-07-31", "close": 29.09, "volume": 19831424, "typical_volume": 18647967.75, "trend": 34.793667, "fair_value": 36.476304, "relative_strength": -20.708512, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.240007, "energy": 49.887312, "activity_lines": [ 29.848667, 33.015273, 34.598096, 34.524839 ] }, { "date": "2026-08-07", "close": 31.48, "volume": 17656175, "typical_volume": 19093678.35, "trend": 34.599, "fair_value": 36.424297, "relative_strength": -15.679141, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.42274, "energy": 60.794101, "activity_lines": [ 29.572667, 32.413637, 34.331762, 34.311054 ] } ], "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." } } }