{ "ticker": { "uuid": "6bdfff0a-477d-4239-80ca-61bea4f4dcf1", "symbol": "603324", "name": "Shanghai Shengjian 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": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "mixed", "architecture_direction": -8.082, "architecture_energy": 30.841, "architecture_maturity": 63.178, "architecture_confidence": 71.051, "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": 39.04, "rotation_up": 14.69, "upward_expansion": 24.75, "deceleration": 76.16, "rotation_down": 64.44, "downward_expansion": 35.42 }, "activity_lines": [ 27.823333, 33.386, 33.134143, 31.511462 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.333333 }, "latest_close": 28.120001, "trend_reference": 29.669666, "distance_from_trend": -0.052231, "trend_direction": "Improving", "fair_value": 27.23464, "distance_from_fair_value": 0.032509, "fair_value_direction": "Improving", "relative_strength": 1.280808, "relative_strength_direction": "Improving", "price_momentum": 0.072873, "excess_performance": 0.116077, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.052231, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.145282, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.032509, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.081967, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.012808, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.08278, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.072873, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.677836, "read": "Demand-led" } ], "volume": { "latest": 35223949, "relative_activity": 1.355421, "balance": 1.677836, "dry_up": 1.331473, "accumulation_observations": 4, "distribution_observations": 4 }, "risk": { "range_context": 0.244283, "annualized_volatility": 0.83292, "from_high_reference": -0.460786, "from_low_reference": 0.243697 }, "levels": { "trend_reference": 29.669666, "fair_value_reference": 27.23464, "structural_low": 22.610001, "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": 4, "median_return": 0.054804, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.023054, "regime_survival": 0.25, "best_return": 0.143795, "worst_return": -0.013636, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 3, "median_return": -0.019381, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.055511, "regime_survival": 0.0, "best_return": 0.090655, "worst_return": -0.098864, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.035985, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.030184, "regime_survival": 0.0, "best_return": 0.106062, "worst_return": -0.034091, "sufficient": false }, { "horizon": "Full 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"energy": 48.706621, "activity_lines": [ 39.988, 38.971818, 34.507047, 32.12529 ] }, { "date": "2026-07-24", "close": 27.1, "volume": 38715674, "typical_volume": 23159604.3, "trend": 29.628333, "fair_value": 27.339441, "relative_strength": 0.369285, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 17.907673, "energy": 16.185444, "activity_lines": [ 34.855333, 37.189636, 34.122142, 31.96929 ] }, { "date": "2026-07-31", "close": 23.969999, "volume": 36689600, "typical_volume": 24651091.85, "trend": 29.558, "fair_value": 27.264429, "relative_strength": -11.339883, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.562696, "energy": 26.285588, "activity_lines": [ 29.746, 34.851272, 33.429714, 31.604236 ] }, { "date": "2026-08-07", "close": 28.120001, "volume": 35223949, "typical_volume": 25987464.95, "trend": 29.669666, "fair_value": 27.23464, "relative_strength": 1.280808, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -8.082269, "energy": 30.841412, "activity_lines": [ 27.823333, 33.386, 33.134143, 31.511462 ] } ], "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." } } }