{ "ticker": { "uuid": "5b17a4fd-4a13-4b1f-bbc4-6eb632998786", "symbol": "300354", "name": "DongHua Testing 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": 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": -58.77, "architecture_energy": 67.423, "architecture_maturity": 58.328, "architecture_confidence": 89.363, "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": 19.47, "rotation_up": 13.11, "upward_expansion": 17.28, "deceleration": 34.98, "rotation_down": 66.92, "downward_expansion": 85.94 }, "activity_lines": [ 29.486667, 31.103455, 32.832031, 34.276634 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.333333 }, "latest_close": 30.299999, "trend_reference": 36.910761, "distance_from_trend": -0.179101, "trend_direction": "Weakening", "fair_value": 39.276908, "distance_from_fair_value": -0.228554, "fair_value_direction": "Weakening", "relative_strength": -27.95701, "relative_strength_direction": "Weakening", "price_momentum": -0.294693, "excess_performance": -0.302093, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.179101, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.11045, "read": "Falling" 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"structural_low": 26.59, "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": 20, "median_return": 0.026975, "positive_rate": 0.55, "directional_follow_through": 0.45, "median_excess_return": -0.010382, "regime_survival": 0.8, "best_return": 0.376737, "worst_return": -0.228971, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.075254, "positive_rate": 0.571429, "directional_follow_through": 0.428571, "median_excess_return": -0.016723, "regime_survival": 0.428571, "best_return": 0.262394, "worst_return": -0.185271, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.123355, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": 0.039506, "regime_survival": 0.0, "best_return": 0.183785, "worst_return": -0.04085, "sufficient": false }, { 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"modifier": "Established contraction", "gate": "down", "direction": -68.584523, "energy": 38.514145, "activity_lines": [ 33.171334, 33.484137, 34.543928, 36.054114 ] }, { "date": "2026-07-24", "close": 27.32, "volume": 13293779, "typical_volume": 10878341.7, "trend": 37.956761, "fair_value": 39.418518, "relative_strength": -33.788722, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.122661, "energy": 46.507743, "activity_lines": [ 31.038, 32.237501, 33.779915, 35.333678 ] }, { "date": "2026-07-31", "close": 28.690001, "volume": 9134146, "typical_volume": 10911912.45, "trend": 37.417428, "fair_value": 39.335721, "relative_strength": -28.781873, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.268341, "energy": 65.789738, "activity_lines": [ 29.900667, 31.443239, 33.205473, 34.735823 ] }, { "date": "2026-08-07", "close": 30.299999, "volume": 10499728, "typical_volume": 11114110.6, "trend": 36.910761, "fair_value": 39.276908, "relative_strength": -27.95701, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.769708, "energy": 67.423347, "activity_lines": [ 29.486667, 31.103455, 32.832031, 34.276634 ] } ], "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." } } }