{ "ticker": { "uuid": "69bd72e3-1257-4d3b-b64b-95b19c682378", "symbol": "002779", "name": "Zhejiang Zhongjian 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": -62.827, "architecture_energy": 72.402, "architecture_maturity": 58.912, "architecture_confidence": 85.668, "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": 19.14, "rotation_up": 10.87, "upward_expansion": 16.21, "deceleration": 37.65, "rotation_down": 71.24, "downward_expansion": 89.55 }, "activity_lines": [ 63.182, 67.661533, 72.254755, 77.00519 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 70.959999, "trend_reference": 84.617782, "distance_from_trend": -0.161406, "trend_direction": "Weakening", "fair_value": 58.702628, "distance_from_fair_value": 0.208804, "fair_value_direction": "Weakening", "relative_strength": -31.692228, "relative_strength_direction": "Improving", "price_momentum": -0.282798, "excess_performance": -0.290197, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.161406, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.162943, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.208804, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.185843, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.316922, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.069222, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.282798, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.851623, "read": "Supply-led" } ], "volume": { "latest": 16847068, "relative_activity": 1.304222, "balance": 0.851623, "dry_up": 1.147898, "accumulation_observations": 3, "distribution_observations": 5 }, "risk": { "range_context": 0.143953, "annualized_volatility": 0.650654, "from_high_reference": -0.513973, "from_low_reference": 0.312616 }, "levels": { "trend_reference": 84.617782, "fair_value_reference": 58.702628, "structural_low": 54.060001, "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": 11, "median_return": -0.021086, "positive_rate": 0.454545, "directional_follow_through": 0.545455, "median_excess_return": -0.012911, "regime_survival": 0.818182, "best_return": 0.28655, "worst_return": -0.211927, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": 0.084302, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.043228, "regime_survival": 0.5, "best_return": 0.51518, "worst_return": -0.217014, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.289146, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.332163, "regime_survival": 0.0, "best_return": 0.43293, "worst_return": 0.145362, "sufficient": false }, { "horizon": 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"regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.780673, "energy": 49.830068, "activity_lines": [ 71.578468, 73.93829, 77.443043, 82.156653 ] }, { "date": "2026-07-24", "close": 55.369999, "volume": 14346570, "typical_volume": 12751246.75, "trend": 87.842782, "fair_value": 58.107893, "relative_strength": -45.535794, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.406897, "energy": 70.176851, "activity_lines": [ 65.324667, 70.429023, 74.982598, 79.942 ] }, { "date": "2026-07-31", "close": 57.400002, "volume": 12097727, "typical_volume": 12762463.25, "trend": 86.037782, "fair_value": 58.361025, "relative_strength": -42.195181, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.78399, "energy": 82.398979, "activity_lines": [ 61.564668, 67.641275, 72.892248, 77.97795 ] }, { "date": "2026-08-07", "close": 70.959999, "volume": 16847068, "typical_volume": 12917332.6, "trend": 84.617782, "fair_value": 58.702628, "relative_strength": -31.692228, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.826846, "energy": 72.40187, "activity_lines": [ 63.182, 67.661533, 72.254755, 77.00519 ] } ], "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." } } }