{ "ticker": { "uuid": "65dac737-8e82-4650-9317-def499438e31", "symbol": "688348", "name": "Yuneng 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": -66.232, "architecture_energy": 66.029, "architecture_maturity": 75.596, "architecture_confidence": 96, "architecture_tenure": "Developing", "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": 7.53, "rotation_up": 28.2, "upward_expansion": 12.0, "deceleration": 59.17, "rotation_down": 56.64, "downward_expansion": 85.33 }, "activity_lines": [ 31.495334, 32.36091, 37.294048, 41.87828 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 32.580002, "trend_reference": 47.114001, "distance_from_trend": -0.308486, "trend_direction": "Weakening", "fair_value": 55.45343, "distance_from_fair_value": -0.41248, "fair_value_direction": "Weakening", "relative_strength": -34.269826, "relative_strength_direction": "Weakening", "price_momentum": -0.398893, "excess_performance": -0.355689, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.308486, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.128777, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.41248, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.222287, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.342698, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.259516, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.398893, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.20054, "read": "Supply-led" } ], "volume": { "latest": 8303548, "relative_activity": 0.715407, "balance": 0.20054, "dry_up": 0.718421, "accumulation_observations": 0, "distribution_observations": 3 }, "risk": { "range_context": 0.10417, "annualized_volatility": 0.56671, "from_high_reference": -0.549253, "from_low_reference": 0.128116 }, "levels": { "trend_reference": 47.114001, "fair_value_reference": 55.45343, "structural_low": 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"2026-07-10", "close": 32.0, "volume": 9161395, "typical_volume": 15241074.75, "trend": 49.831667, "fair_value": 57.890953, "relative_strength": -38.040051, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.09776, "energy": 92.714215, "activity_lines": [ 33.748667, 36.683637, 42.999953, 46.437398 ] }, { "date": "2026-07-17", "close": 29.99, "volume": 8181593, "typical_volume": 15260754.55, "trend": 49.117, "fair_value": 57.251828, "relative_strength": -37.929375, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.927922, "energy": 93.583599, "activity_lines": [ 32.244667, 34.874364, 41.302762, 45.157291 ] }, { "date": "2026-07-24", "close": 29.77, "volume": 8945670, "typical_volume": 14448863.95, "trend": 48.41, "fair_value": 56.621606, "relative_strength": -38.776768, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.676097, "energy": 91.0387, "activity_lines": [ 31.104, 33.410364, 39.695381, 43.909097 ] }, { "date": "2026-07-31", "close": 32.060001, "volume": 7923317, "typical_volume": 12953138.8, "trend": 47.707667, "fair_value": 56.00832, "relative_strength": -33.952056, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.071655, "energy": 67.656021, "activity_lines": [ 31.172, 32.694728, 38.406715, 42.854259 ] }, { "date": "2026-08-07", "close": 32.580002, "volume": 8303548, "typical_volume": 11606742.05, "trend": 47.114001, "fair_value": 55.45343, "relative_strength": -34.269826, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.232089, "energy": 66.028754, "activity_lines": [ 31.495334, 32.36091, 37.294048, 41.87828 ] } ], "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." } } }