{ "ticker": { "uuid": "74cb6adb-5048-4f6d-8a64-73cc276d6107", "symbol": "301237", "name": "Hangzhou Heshun 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": 77.866, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Momentum cooling", "architecture_gate": "down", "architecture_direction": -58.319, "architecture_energy": 66.575, "architecture_maturity": 52.61, "architecture_confidence": 80.266, "architecture_tenure": "Developing", "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": 33.37, "rotation_up": 10.96, "upward_expansion": 16.46, "deceleration": 34.91, "rotation_down": 69.48, "downward_expansion": 85.12 }, "activity_lines": [ 52.430001, 58.506909, 62.71981, 63.022022 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.333333 }, "latest_close": 54.23, "trend_reference": 63.436, "distance_from_trend": -0.145123, "trend_direction": "Improving", "fair_value": 35.397879, "distance_from_fair_value": 0.532013, "fair_value_direction": "Weakening", "relative_strength": -5.001076, "relative_strength_direction": "Weakening", "price_momentum": -0.146388, "excess_performance": -0.153787, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.145123, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.074737, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.532013, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.71587, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.050011, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.346597, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.146388, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.36985, "read": "Supply-led" } ], "volume": { "latest": 10267276, "relative_activity": 1.013582, "balance": 0.36985, "dry_up": 1.17129, "accumulation_observations": 1, "distribution_observations": 5 }, "risk": { "range_context": 0.197024, "annualized_volatility": 0.646953, "from_high_reference": -0.381219, "from_low_reference": 0.502216 }, "levels": { "trend_reference": 63.436, "fair_value_reference": 35.397879, "structural_low": 42.880001, "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": -0.059123, "positive_rate": 0.428571, "directional_follow_through": 0.428571, "median_excess_return": -0.012027, "regime_survival": 0.571429, "best_return": 0.291829, "worst_return": -0.240881, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 3, "median_return": -0.000449, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.045501, "regime_survival": 0.0, "best_return": 0.0023, "worst_return": -0.194699, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.221364, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.20454, "regime_survival": 0.0, "best_return": 0.662443, "worst_return": -0.219714, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, 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69.714727, 67.40381, 65.723699 ] }, { "date": "2026-07-10", "close": 67.489998, "volume": 30881712, "typical_volume": 8769478.45, "trend": 63.206667, "fair_value": 34.826432, "relative_strength": 13.496155, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 47.300851, "energy": 27.882365, "activity_lines": [ 70.210666, 69.324181, 67.618905, 66.041721 ] }, { "date": "2026-07-17", "close": 57.470001, "volume": 14710518, "typical_volume": 9315364.45, "trend": 63.597334, "fair_value": 35.006117, "relative_strength": 5.366937, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.343083, "energy": 6.472251, "activity_lines": [ 66.348, 67.114909, 66.857857, 65.671613 ] }, { "date": "2026-07-24", "close": 49.09, "volume": 12430477, "typical_volume": 9671989.25, "trend": 63.632667, "fair_value": 35.133164, "relative_strength": -10.520781, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -29.692781, "energy": 29.147673, "activity_lines": [ 59.928667, 63.665091, 65.333619, 64.735656 ] }, { "date": "2026-07-31", "close": 46.400002, "volume": 10050978, "typical_volume": 9880300.7, "trend": 63.558667, "fair_value": 35.239408, "relative_strength": -14.30711, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -44.749381, "energy": 56.337129, "activity_lines": [ 54.036667, 60.124546, 63.619381, 63.623871 ] }, { "date": "2026-08-07", "close": 54.23, "volume": 10267276, "typical_volume": 10129694.9, "trend": 63.436, "fair_value": 35.397879, "relative_strength": -5.001076, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "down", "direction": -58.318631, "energy": 66.575295, "activity_lines": [ 52.430001, 58.506909, 62.71981, 63.022022 ] } ], "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." } } }