{ "ticker": { "uuid": "5594c377-3749-4de5-806f-975a385ec0e1", "symbol": "002179", "name": "Jonhon Optronic 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": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 62.965, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "mixed", "architecture_direction": -17.114, "architecture_energy": 29.515, "architecture_maturity": 40.423, "architecture_confidence": 59.614, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 42.2, "rotation_up": 16.94, "upward_expansion": 17.84, "deceleration": 67.11, "rotation_down": 61.98, "downward_expansion": 40.5 }, "activity_lines": [ 34.53, 36.468182, 37.062675, 36.623677 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.333333 }, "latest_close": 35.459999, "trend_reference": 36.204518, "distance_from_trend": -0.020564, "trend_direction": "Improving", "fair_value": 36.991495, "distance_from_fair_value": -0.041401, "fair_value_direction": "Weakening", "relative_strength": -6.286762, "relative_strength_direction": "Improving", "price_momentum": 0.048182, "excess_performance": 0.040782, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.020564, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.032612, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.041401, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.019087, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.062868, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.139806, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.048182, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.730405, "read": "Demand-led" } ], "volume": { "latest": 146278578, "relative_activity": 0.88967, "balance": 1.730405, "dry_up": 0.99843, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.111189, "annualized_volatility": 0.447818, "from_high_reference": -0.215313, "from_low_reference": 0.117257 }, "levels": { "trend_reference": 36.204518, "fair_value_reference": 36.991495, "structural_low": 31.879999, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 5, "median_return": -0.006738, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.010272, "regime_survival": 0.4, "best_return": 0.21972, "worst_return": -0.044724, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 2, "median_return": 0.046134, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.033881, "regime_survival": 0.0, "best_return": 0.151663, "worst_return": -0.059396, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": -0.038229, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": 0.062852, "regime_survival": 0.0, "best_return": -0.021213, "worst_return": -0.055245, "sufficient": false }, { "horizon": "Full cycle", 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61.093053, "activity_lines": [ 40.702665, 39.749184, 38.1405, 37.220131 ] }, { "date": "2026-07-17", "close": 32.700001, "volume": 230175149, "typical_volume": 176068400.0, "trend": 36.209182, "fair_value": 37.133419, "relative_strength": -11.659889, "stage": 4, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 14.978083, "energy": 13.9183, "activity_lines": [ 38.207333, 38.581879, 37.745168, 36.995588 ] }, { "date": "2026-07-24", "close": 33.330002, "volume": 156722960, "typical_volume": 174827705.55, "trend": 36.197448, "fair_value": 37.083801, "relative_strength": -9.681732, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -10.876971, "energy": 15.829696, "activity_lines": [ 36.142667, 37.596843, 37.421137, 36.809835 ] }, { "date": "2026-07-31", "close": 34.040001, "volume": 123466244, "typical_volume": 165100447.0, "trend": 36.188004, "fair_value": 37.030567, "relative_strength": -5.811478, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -19.304428, "energy": 29.027007, "activity_lines": [ 34.811334, 36.842727, 37.171804, 36.670645 ] }, { "date": "2026-08-07", "close": 35.459999, "volume": 146278578, "typical_volume": 164418840.65, "trend": 36.204518, "fair_value": 36.991495, "relative_strength": -6.286762, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -17.114338, "energy": 29.515112, "activity_lines": [ 34.53, 36.468182, 37.062675, 36.623677 ] } ], "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." } } }