{ "ticker": { "uuid": "70811bf4-518a-441d-a229-216277bdfac8", "symbol": "603048", "name": "Zhejiang Liming Intelligent Manufacturing 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": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 68.304, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -47.202, "architecture_energy": 35.831, "architecture_maturity": 31.973, "architecture_confidence": 72.417, "architecture_tenure": "Developing", "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": 21.37, "rotation_up": 24.16, "upward_expansion": 6.94, "deceleration": 56.62, "rotation_down": 47.15, "downward_expansion": 75.61 }, "activity_lines": [ 18.274666, 18.279636, 19.406362, 20.083568 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 20.709999, "trend_reference": 20.835422, "distance_from_trend": -0.00602, "trend_direction": "Weakening", "fair_value": 17.073982, "distance_from_fair_value": 0.212957, "fair_value_direction": "Weakening", "relative_strength": 1.622727, "relative_strength_direction": "Weakening", "price_momentum": -0.034116, "excess_performance": 0.009088, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.00602, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.029942, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.212957, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.192599, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.016227, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.050388, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.034116, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.304763, "read": "Demand-led" } ], "volume": { "latest": 17184318, "relative_activity": 1.839377, "balance": 1.304763, "dry_up": 1.313683, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.103438, "annualized_volatility": 0.473625, "from_high_reference": -0.188524, "from_low_reference": 0.396494 }, "levels": { "trend_reference": 20.835422, "fair_value_reference": 17.073982, "structural_low": 14.83, "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": 7, "median_return": -0.026572, "positive_rate": 0.285714, "directional_follow_through": 0.714286, "median_excess_return": -0.025325, "regime_survival": 0.714286, "best_return": 0.151539, "worst_return": -0.0776, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 2, "median_return": 0.098404, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": -0.014558, "regime_survival": 0.0, "best_return": 0.102205, "worst_return": 0.094604, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.076544, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.02286, "regime_survival": 0.5, "best_return": 0.235226, "worst_return": -0.082139, "sufficient": false }, { "horizon": "Full cycle", 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"regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.830144, "energy": 79.453379, "activity_lines": [ 17.115334, 18.075327, 19.61055, 20.291989 ] }, { "date": "2026-07-31", "close": 17.83, "volume": 13323300, "typical_volume": 8863627.35, "trend": 20.83785, "fair_value": 17.04, "relative_strength": -10.017909, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.413987, "energy": 67.836176, "activity_lines": [ 17.217334, 17.876822, 19.362244, 20.091816 ] }, { "date": "2026-08-07", "close": 20.709999, "volume": 17184318, "typical_volume": 9342468.25, "trend": 20.835422, "fair_value": 17.073982, "relative_strength": 1.622727, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.201813, "energy": 35.831494, "activity_lines": [ 18.274666, 18.279636, 19.406362, 20.083568 ] } ], "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." } } }