{ "ticker": { "uuid": "4d247eb3-53b2-426a-82f2-558a8ee1ea29", "symbol": "300918", "name": "Shandong Nanshan Fashion Sci-Tech 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": -63.52, "architecture_energy": 70.084, "architecture_maturity": 87.928, "architecture_confidence": 88.183, "architecture_tenure": "Extended", "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": 11.38, "rotation_up": 13.41, "upward_expansion": 14.85, "deceleration": 41.84, "rotation_down": 67.02, "downward_expansion": 85.85 }, "activity_lines": [ 10.244, 10.765659, 11.947208, 12.835318 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 10.68, "trend_reference": 14.222864, "distance_from_trend": -0.249096, "trend_direction": "Weakening", "fair_value": 13.531532, "distance_from_fair_value": -0.210732, "fair_value_direction": "Weakening", "relative_strength": -38.829053, "relative_strength_direction": "Weakening", "price_momentum": -0.359328, "excess_performance": -0.366728, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.249096, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.133799, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.210732, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.362529, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.388291, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.060485, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.359328, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.584021, "read": "Supply-led" } ], "volume": { "latest": 32207316, "relative_activity": 0.849407, "balance": 0.584021, "dry_up": 1.175721, "accumulation_observations": 1, "distribution_observations": 4 }, "risk": { "range_context": 0.132984, "annualized_volatility": 0.571734, "from_high_reference": -0.600725, "from_low_reference": 0.177508 }, "levels": { "trend_reference": 14.222864, "fair_value_reference": 13.531532, "structural_low": 9.07, "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": 21, "median_return": -0.042901, "positive_rate": 0.428571, "directional_follow_through": 0.571429, "median_excess_return": -0.01697, "regime_survival": 0.857143, "best_return": 0.336986, "worst_return": -0.156159, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": -0.084942, "positive_rate": 0.142857, "directional_follow_through": 0.857143, "median_excess_return": -0.053844, "regime_survival": 0.714286, "best_return": 0.221675, "worst_return": -0.145427, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.027528, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.083037, "regime_survival": 0.5, "best_return": 0.046826, "worst_return": -0.217503, "sufficient": false }, { "horizon": 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"Established contraction", "gate": "down", "direction": -83.09576, "energy": 64.727896, "activity_lines": [ 11.222667, 11.825257, 12.882054, 13.746797 ] }, { "date": "2026-07-24", "close": 9.27, "volume": 37173493, "typical_volume": 37347147.75, "trend": 14.722864, "fair_value": 13.56496, "relative_strength": -46.495498, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.371337, "energy": 66.709775, "activity_lines": [ 10.504667, 11.239086, 12.469835, 13.38044 ] }, { "date": "2026-07-31", "close": 10.08, "volume": 32526795, "typical_volume": 37540992.05, "trend": 14.48653, "fair_value": 13.546479, "relative_strength": -40.057468, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.477239, "energy": 64.571055, "activity_lines": [ 10.249333, 10.905033, 12.167426, 13.0809 ] }, { "date": "2026-08-07", "close": 10.68, "volume": 32207316, "typical_volume": 37917394.35, "trend": 14.222864, "fair_value": 13.531532, "relative_strength": -38.829053, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.520446, "energy": 70.084082, "activity_lines": [ 10.244, 10.765659, 11.947208, 12.835318 ] } ], "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." } } }