{ "ticker": { "uuid": "6bd0591d-449b-4aa7-b6a0-57913ff47dd7", "symbol": "300845", "name": "Zhengzhou Jiean Hi-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": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 92.516, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -37.68, "architecture_energy": 65.006, "architecture_maturity": 14.682, "architecture_confidence": 72.486, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 20.52, "rotation_up": 16.36, "upward_expansion": 22.75, "deceleration": 43.12, "rotation_down": 72.56, "downward_expansion": 64.42 }, "activity_lines": [ 10.493333, 11.429818, 12.500269, 12.586383 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 10.87, "trend_reference": 12.54504, "distance_from_trend": -0.133522, "trend_direction": "Improving", "fair_value": 9.94498, "distance_from_fair_value": 0.093014, "fair_value_direction": "Weakening", "relative_strength": -12.280437, "relative_strength_direction": "Weakening", "price_momentum": -0.075383, "excess_performance": -0.082783, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.133522, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.025552, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.093014, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.405144, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.122804, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.173403, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.075383, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.481343, "read": "Supply-led" } ], "volume": { "latest": 39863371, "relative_activity": 1.141481, "balance": 0.481343, "dry_up": 1.02482, "accumulation_observations": 2, "distribution_observations": 5 }, "risk": { "range_context": 0.148398, "annualized_volatility": 0.44939, "from_high_reference": -0.347233, "from_low_reference": 0.207778 }, "levels": { "trend_reference": 12.54504, "fair_value_reference": 9.94498, "structural_low": 9.0, "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": 3, "median_return": -0.014896, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": 0.010338, "regime_survival": 0.0, "best_return": 0.055156, "worst_return": -0.229958, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 3, "median_return": -0.020854, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": 0.074792, "regime_survival": 0.0, "best_return": 0.04956, "worst_return": -0.127035, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.16592, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.047394, "regime_survival": 0.0, "best_return": 0.307405, "worst_return": -0.519365, "sufficient": false }, { "horizon": "Full cycle", 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"color": "blue", "start": "2025-05-09", "end": "2025-05-23", "tenure": "New", "return": 0.047654, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-30", "end": "2025-06-06", "tenure": "New", "return": 0.021277, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-13", "end": "2025-09-19", "tenure": "Established", "return": 0.059166, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-26", "end": "2026-01-02", "tenure": "Established", "return": 0.048372, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-09", "end": "2026-01-23", "tenure": "New", "return": 0.044444, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-30", "end": "2026-03-27", "tenure": "Developing", "return": -0.047019, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-03", "end": "2026-04-17", "tenure": "New", "return": 0.247723, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-06-19", "tenure": "Developing", "return": 0.01608, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-06-26", "end": "2026-07-24", "tenure": "Developing", "return": -0.295955, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": 0.116016, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 10.417501, "volume": 16463733, "typical_volume": 46860831.75, "trend": 11.309606, "fair_value": 10.671525, "relative_strength": 2.707107, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 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37417266, "typical_volume": 36505954.55, "trend": 12.639822, "fair_value": 9.95902, "relative_strength": -7.362166, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -32.302682, "energy": 31.303526, "activity_lines": [ 12.258667, 13.015397, 13.29997, 13.054986 ] }, { "date": "2026-07-24", "close": 9.92, "volume": 30811008, "typical_volume": 34974452.15, "trend": 12.600001, "fair_value": 9.953772, "relative_strength": -17.793914, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -43.178174, "energy": 57.372063, "activity_lines": [ 11.326667, 12.344588, 12.996513, 12.879514 ] }, { "date": "2026-07-31", "close": 9.74, "volume": 35065556, "typical_volume": 34763980.1, "trend": 12.553523, "fair_value": 9.943349, "relative_strength": -17.646738, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.71912, "energy": 69.316049, "activity_lines": [ 10.576667, 11.735636, 12.687807, 12.694998 ] }, { "date": "2026-08-07", "close": 10.87, "volume": 39863371, "typical_volume": 34922515.1, "trend": 12.54504, "fair_value": 9.94498, "relative_strength": -12.280437, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.680052, "energy": 65.00621, "activity_lines": [ 10.493333, 11.429818, 12.500269, 12.586383 ] } ], "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." } } }