{ "ticker": { "uuid": "76b567fe-2cb1-45e9-a6e3-8d9c9c27b663", "symbol": "688209", "name": "Shenzhen Injoinic Technology 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": 3, "stage_name": "Distribution", "phase": "3c", "phase_label": "Stage 3C \u00b7 Breakdown watch", "transition": "stage_3_to_4_watch", "transition_label": "Stage 3 \u2192 4 watch", "confidence": 58.963, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "mixed", "architecture_direction": -11.723, "architecture_energy": 21.685, "architecture_maturity": 27.079, "architecture_confidence": 71.995, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 53.17, "rotation_up": 20.11, "upward_expansion": 18.91, "deceleration": 66.44, "rotation_down": 57.11, "downward_expansion": 39.25 }, "activity_lines": [ 22.089333, 23.255513, 23.510792, 23.254622 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.166667 }, "latest_close": 22.23, "trend_reference": 23.14311, "distance_from_trend": -0.039455, "trend_direction": "Improving", "fair_value": 17.808757, "distance_from_fair_value": 0.248262, "fair_value_direction": "Weakening", "relative_strength": 0.656176, "relative_strength_direction": "Weakening", "price_momentum": -0.125148, "excess_performance": -0.081944, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.039455, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.035393, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.248262, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.155624, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.006562, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.06338, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.125148, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.813932, "read": "Supply-led" } ], "volume": { "latest": 49896287, "relative_activity": 0.994735, "balance": 0.813932, "dry_up": 1.444552, "accumulation_observations": 3, "distribution_observations": 5 }, "risk": { "range_context": 0.155336, "annualized_volatility": 0.568377, "from_high_reference": -0.24362, "from_low_reference": 0.208152 }, "levels": { "trend_reference": 23.14311, "fair_value_reference": 17.808757, "structural_low": 19.01, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 9, "median_return": 0.050097, "positive_rate": 0.555556, "directional_follow_through": 0.555556, "median_excess_return": 0.026248, "regime_survival": 0.333333, "best_return": 0.274323, "worst_return": -0.117751, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": -0.015455, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": 0.020923, "regime_survival": 0.0, "best_return": 0.177106, "worst_return": -0.149425, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.231345, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.032486, "regime_survival": 0.0, "best_return": 0.38666, "worst_return": -0.336207, 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"fair_value": 17.753558, "relative_strength": 2.401665, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 22.118088, "energy": 13.379997, "activity_lines": [ 23.943113, 24.092725, 23.808252, 23.453626 ] }, { "date": "2026-07-31", "close": 20.809999, "volume": 59223295, "typical_volume": 49216935.45, "trend": 23.066777, "fair_value": 17.77333, "relative_strength": -2.977183, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.571097, "energy": 16.646401, "activity_lines": [ 22.65511, 23.50121, 23.591189, 23.308608 ] }, { "date": "2026-08-07", "close": 22.23, "volume": 49896287, "typical_volume": 50160360.7, "trend": 23.14311, "fair_value": 17.808757, "relative_strength": 0.656176, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.722635, "energy": 21.685039, "activity_lines": [ 22.089333, 23.255513, 23.510792, 23.254622 ] } ], "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." } } }