{ "ticker": { "uuid": "72b9d630-2c7f-4aea-bd61-f2173028c720", "symbol": "002518", "name": "Shenzhen KSTAR Science and 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": -67.057, "architecture_energy": 83.647, "architecture_maturity": 28.0, "architecture_confidence": 82.063, "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": 12.54, "rotation_up": 8.2, "upward_expansion": 20.21, "deceleration": 37.01, "rotation_down": 79.77, "downward_expansion": 95.88 }, "activity_lines": [ 33.230667, 38.138364, 43.622389, 45.727381 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 34.23, "trend_reference": 48.502035, "distance_from_trend": -0.294256, "trend_direction": "Weakening", "fair_value": 30.050652, "distance_from_fair_value": 0.139077, "fair_value_direction": "Weakening", "relative_strength": -26.30738, "relative_strength_direction": "Weakening", "price_momentum": -0.3859, "excess_performance": -0.3933, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.294256, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.03053, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.139077, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.473842, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.263074, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.272702, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.3859, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.914631, "read": "Supply-led" } ], "volume": { "latest": 57781912, "relative_activity": 1.013495, "balance": 0.914631, "dry_up": 1.064498, "accumulation_observations": 4, "distribution_observations": 5 }, "risk": { "range_context": 0.193779, "annualized_volatility": 0.667623, "from_high_reference": -0.473923, "from_low_reference": 0.508533 }, "levels": { "trend_reference": 48.502035, "fair_value_reference": 30.050652, "structural_low": 29.26, 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"2026-07-10", "close": 40.990002, "volume": 78667899, "typical_volume": 56326751.7, "trend": 50.476751, "fair_value": 30.146096, "relative_strength": -15.495831, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -70.413278, "energy": 55.514607, "activity_lines": [ 46.579334, 49.186769, 49.554657, 50.141402 ] }, { "date": "2026-07-17", "close": 33.529999, "volume": 60090366, "typical_volume": 57327849.1, "trend": 50.019513, "fair_value": 30.114421, "relative_strength": -24.293737, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.935218, "energy": 76.780588, "activity_lines": [ 41.932667, 46.020896, 47.987922, 49.048063 ] }, { "date": "2026-07-24", "close": 32.259998, "volume": 64538012, "typical_volume": 57549163.05, "trend": 49.595347, "fair_value": 30.085084, "relative_strength": -27.630233, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.812077, "energy": 84.378174, "activity_lines": [ 37.659333, 42.878207, 46.409256, 47.902288 ] }, { "date": "2026-07-31", "close": 30.620001, "volume": 60348511, "typical_volume": 57647125.0, "trend": 48.965705, "fair_value": 30.039563, "relative_strength": -30.405492, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.856434, "energy": 88.783018, "activity_lines": [ 34.167333, 39.895636, 44.78999, 46.678072 ] }, { "date": "2026-08-07", "close": 34.23, "volume": 57781912, "typical_volume": 57012514.9, "trend": 48.502035, "fair_value": 30.050652, "relative_strength": -26.30738, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.056675, "energy": 83.646985, "activity_lines": [ 33.230667, 38.138364, 43.622389, 45.727381 ] } ], "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." } } }