{ "ticker": { "uuid": "6ee94356-cd05-40d1-a7c1-335a88fe7f8f", "symbol": "300880", "name": "Ningbo Jianan Electronics 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": 87.427, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -35.252, "architecture_energy": 59.034, "architecture_maturity": 13.094, "architecture_confidence": 67.285, "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": 26.41, "rotation_up": 17.18, "upward_expansion": 21.16, "deceleration": 43.29, "rotation_down": 69.26, "downward_expansion": 62.83 }, "activity_lines": [ 18.550667, 19.664, 20.848046, 21.205889 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 19.32, "trend_reference": 21.199868, "distance_from_trend": -0.088674, "trend_direction": "Improving", "fair_value": 19.585762, "distance_from_fair_value": -0.013569, "fair_value_direction": "Weakening", "relative_strength": -7.763691, "relative_strength_direction": "Weakening", "price_momentum": 0.023291, "excess_performance": 0.015891, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.088674, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.039152, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.013569, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.204673, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.077637, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.019422, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.023291, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.677425, "read": "Supply-led" } ], "volume": { "latest": 20675970, "relative_activity": 0.635124, "balance": 0.677425, "dry_up": 0.561768, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.129426, "annualized_volatility": 0.567397, "from_high_reference": -0.326428, "from_low_reference": 0.148633 }, "levels": { "trend_reference": 21.199868, "fair_value_reference": 19.585762, "structural_low": 16.82, "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": 0.031602, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.024573, "regime_survival": 0.333333, "best_return": 0.183823, "worst_return": -0.000621, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 2, "median_return": -0.020375, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.003905, "regime_survival": 0.0, "best_return": 0.110294, "worst_return": -0.151044, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.070885, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.032902, "regime_survival": 0.0, "best_return": 0.230147, "worst_return": -0.088377, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, 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24.241614, "activity_lines": [ 22.942667, 22.787656, 22.583014, 21.965106 ] }, { "date": "2026-07-03", "close": 21.129999, "volume": 5534138, "typical_volume": 45201066.85, "trend": 21.047803, "fair_value": 19.799159, "relative_strength": -10.717614, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 21.784228, "energy": 13.321865, "activity_lines": [ 22.344, 22.497544, 22.477483, 21.97623 ] }, { "date": "2026-07-10", "close": 20.059999, "volume": 26215713, "typical_volume": 46025983.95, "trend": 21.103018, "fair_value": 19.764284, "relative_strength": -11.434161, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -2.818984, "energy": 8.765298, "activity_lines": [ 21.524, 22.041505, 22.260138, 21.912501 ] }, { "date": "2026-07-17", "close": 19.059999, "volume": 21299240, "typical_volume": 46275101.2, "trend": 21.143108, "fair_value": 19.730106, "relative_strength": -6.964469, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.177276, "energy": 34.547673, "activity_lines": [ 20.462666, 21.442512, 21.942788, 21.780693 ] }, { "date": "2026-07-24", "close": 17.24, "volume": 19058601, "typical_volume": 41223433.55, "trend": 21.128491, "fair_value": 19.683893, "relative_strength": -15.58273, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.948913, "energy": 62.216152, "activity_lines": [ 19.121999, 20.591504, 21.456357, 21.52888 ] }, { "date": "2026-07-31", "close": 17.940001, "volume": 12117950, "typical_volume": 35237499.3, "trend": 21.137869, "fair_value": 19.638369, "relative_strength": -10.282976, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.973756, "energy": 64.853826, "activity_lines": [ 18.472667, 19.970545, 21.073915, 21.323171 ] }, { "date": "2026-08-07", "close": 19.32, "volume": 20675970, "typical_volume": 32554237.9, "trend": 21.199868, "fair_value": 19.585762, "relative_strength": -7.763691, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.251941, "energy": 59.034378, "activity_lines": [ 18.550667, 19.664, 20.848046, 21.205889 ] } ], "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." } } }