{ "ticker": { "uuid": "6fa3cfc3-6496-4284-b339-5c41f9883ffc", "symbol": "300913", "name": "Zhejiang Zhaolong Interconnect 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": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -66.814, "architecture_energy": 82.212, "architecture_maturity": 28.0, "architecture_confidence": 84.501, "architecture_tenure": "New", "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": 8.63, "upward_expansion": 19.85, "deceleration": 37.13, "rotation_down": 78.76, "downward_expansion": 95.51 }, "activity_lines": [ 34.358667, 38.801298, 45.297873, 47.553276 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 35.970001, "trend_reference": 50.182434, "distance_from_trend": -0.283215, "trend_direction": "Weakening", "fair_value": 38.77419, "distance_from_fair_value": -0.072321, "fair_value_direction": "Weakening", "relative_strength": -32.953332, "relative_strength_direction": "Weakening", "price_momentum": -0.312369, "excess_performance": -0.319768, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.283215, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.051961, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.072321, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.644244, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.329533, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.258754, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.312369, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.691575, "read": "Supply-led" } ], "volume": { "latest": 40342483, "relative_activity": 1.230368, "balance": 0.691575, "dry_up": 1.10082, "accumulation_observations": 3, "distribution_observations": 6 }, "risk": { "range_context": 0.196566, "annualized_volatility": 0.662327, "from_high_reference": -0.486069, "from_low_reference": 0.187129 }, "levels": { "trend_reference": 50.182434, "fair_value_reference": 38.77419, "structural_low": 30.299999, "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": 8, "median_return": 0.093549, "positive_rate": 0.625, "directional_follow_through": 0.375, "median_excess_return": 0.010881, "regime_survival": 0.5, "best_return": 0.350801, "worst_return": -0.125208, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": 0.111269, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": 0.066773, "regime_survival": 0.0, "best_return": 0.289981, "worst_return": -0.159951, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.081203, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.171312, "regime_survival": 0.0, "best_return": 0.984877, "worst_return": 0.039668, "sufficient": false }, { "horizon": "Full 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38.812206, "relative_strength": -33.191746, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -74.911949, "energy": 70.080398, "activity_lines": [ 45.47562, 50.019273, 51.757121, 52.210829 ] }, { "date": "2026-07-17", "close": 33.220001, "volume": 35243742, "typical_volume": 33209729.4, "trend": 52.091101, "fair_value": 38.778249, "relative_strength": -37.229356, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.60471, "energy": 84.656349, "activity_lines": [ 40.522667, 46.487982, 49.941487, 50.945511 ] }, { "date": "2026-07-24", "close": 33.0, "volume": 35276115, "typical_volume": 32840519.1, "trend": 51.440767, "fair_value": 38.749201, "relative_strength": -37.291069, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.335704, "energy": 86.844823, "activity_lines": [ 36.616, 43.374507, 48.213901, 49.713827 ] }, { "date": "2026-07-31", "close": 32.720001, "volume": 33516593, "typical_volume": 32600436.65, "trend": 50.737767, "fair_value": 38.740712, "relative_strength": -36.360336, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.978085, "energy": 86.74801, "activity_lines": [ 34.344667, 40.612838, 46.556411, 48.506036 ] }, { "date": "2026-08-07", "close": 35.970001, "volume": 40342483, "typical_volume": 32788963.35, "trend": 50.182434, "fair_value": 38.77419, "relative_strength": -32.953332, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.814071, "energy": 82.21242, "activity_lines": [ 34.358667, 38.801298, 45.297873, 47.553276 ] } ], "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." } } }