{ "ticker": { "uuid": "71dd5a93-8d69-409f-b3a7-7a430658c354", "symbol": "301021", "name": "Inno Laser 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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 87.59, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "mixed", "architecture_direction": -19.281, "architecture_energy": 33.59, "architecture_maturity": 62.626, "architecture_confidence": 48.797, "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": 44.55, "rotation_up": 14.05, "upward_expansion": 16.38, "deceleration": 72.92, "rotation_down": 64.21, "downward_expansion": 41.38 }, "activity_lines": [ 65.454666, 80.311749, 82.673194, 77.553841 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 69.349998, "trend_reference": 70.789017, "distance_from_trend": -0.020328, "trend_direction": "Improving", "fair_value": 35.034544, "distance_from_fair_value": 0.979475, "fair_value_direction": "Weakening", "relative_strength": 19.4378, "relative_strength_direction": "Weakening", "price_momentum": 0.196308, "excess_performance": 0.188909, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.020328, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.295257, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.979475, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.144239, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.194378, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.036729, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.196308, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.685127, "read": "Demand-led" } ], "volume": { "latest": 50866871, "relative_activity": 1.553043, "balance": 1.685127, "dry_up": 1.371142, "accumulation_observations": 5, "distribution_observations": 3 }, "risk": { "range_context": 0.309295, "annualized_volatility": 1.044931, "from_high_reference": -0.502082, "from_low_reference": 1.2805 }, "levels": { "trend_reference": 70.789017, "fair_value_reference": 35.034544, "structural_low": 46.700001, "invalidation": "A 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"close": 64.199997, "volume": 47192425, "typical_volume": 30949054.55, "trend": 69.775017, "fair_value": 34.593474, "relative_strength": 16.653096, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.584801, "energy": 21.651451, "activity_lines": [ 81.004666, 92.13707, 85.701532, 78.678617 ] }, { "date": "2026-07-31", "close": 53.09, "volume": 45326557, "typical_volume": 31297303.6, "trend": 70.099017, "fair_value": 34.76809, "relative_strength": -2.692589, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -22.953358, "energy": 34.425343, "activity_lines": [ 67.898666, 84.41176, 83.405911, 77.602164 ] }, { "date": "2026-08-07", "close": 69.349998, "volume": 50866871, "typical_volume": 32753039.2, "trend": 70.789017, "fair_value": 35.034544, "relative_strength": 19.4378, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -19.281466, "energy": 33.590496, "activity_lines": [ 65.454666, 80.311749, 82.673194, 77.553841 ] } ], "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." } } }