{ "ticker": { "uuid": "4c3909ac-95bc-4009-98bb-270dc680d352", "symbol": "688116", "name": "Jiangsu Cnano 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": "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": -62.213, "architecture_energy": 72.867, "architecture_maturity": 65.139, "architecture_confidence": 82.558, "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": 15.37, "rotation_up": 9.72, "upward_expansion": 16.46, "deceleration": 37.74, "rotation_down": 69.81, "downward_expansion": 87.46 }, "activity_lines": [ 33.053334, 34.869612, 37.384163, 38.885996 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 33.5, "trend_reference": 41.318913, "distance_from_trend": -0.189233, "trend_direction": "Weakening", "fair_value": 36.247718, "distance_from_fair_value": -0.075804, "fair_value_direction": "Weakening", "relative_strength": -26.961232, "relative_strength_direction": "Weakening", "price_momentum": -0.270153, "excess_performance": -0.226949, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.189233, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.10369, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.075804, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.254813, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.269612, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.07993, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.270153, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.22658, "read": "Demand-led" } ], "volume": { "latest": 30674395, "relative_activity": 0.777695, "balance": 1.22658, "dry_up": 1.025082, "accumulation_observations": 4, "distribution_observations": 3 }, "risk": { "range_context": 0.122588, "annualized_volatility": 0.510407, "from_high_reference": -0.52136, "from_low_reference": 0.117412 }, "levels": { "trend_reference": 41.318913, "fair_value_reference": 36.247718, "structural_low": 29.98, "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": 27, "median_return": -0.044901, "positive_rate": 0.481481, "directional_follow_through": 0.518519, "median_excess_return": -0.033504, "regime_survival": 0.851852, "best_return": 0.362445, "worst_return": -0.247268, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.100227, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.025426, "regime_survival": 0.555556, "best_return": 1.228044, "worst_return": -0.377077, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.131754, "positive_rate": 0.2, "directional_follow_through": 0.8, "median_excess_return": -0.043127, "regime_survival": 0.6, "best_return": 1.336244, "worst_return": -0.4388, "sufficient": true }, { "horizon": 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"fair_value": 36.159609, "relative_strength": -31.272445, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.974706, "energy": 77.277162, "activity_lines": [ 35.798715, 37.73013, 39.30584, 40.688861 ] }, { "date": "2026-07-24", "close": 31.1, "volume": 43852107, "typical_volume": 39994008.65, "trend": 42.233913, "fair_value": 36.173819, "relative_strength": -30.743244, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.201709, "energy": 80.111116, "activity_lines": [ 33.737786, 36.273278, 38.439948, 39.938114 ] }, { "date": "2026-07-31", "close": 34.200001, "volume": 35610214, "typical_volume": 39537654.05, "trend": 41.773913, "fair_value": 36.208721, "relative_strength": -23.755953, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.702031, "energy": 75.355884, "activity_lines": [ 33.41, 35.560397, 37.921199, 39.419797 ] }, { "date": "2026-08-07", "close": 33.5, "volume": 30674395, "typical_volume": 39442687.55, "trend": 41.318913, "fair_value": 36.247718, "relative_strength": -26.961232, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.213462, "energy": 72.867412, "activity_lines": [ 33.053334, 34.869612, 37.384163, 38.885996 ] } ], "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." } } }