{ "ticker": { "uuid": "7899e182-b08e-406b-9001-e20da7747ae3", "symbol": "300732", "name": "Henan ZhongGong Design & Research Group 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": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -63.402, "architecture_energy": 56.27, "architecture_maturity": 92.217, "architecture_confidence": 96, "architecture_tenure": "Extended", "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": 8.4, "rotation_up": 23.08, "upward_expansion": 9.47, "deceleration": 57.89, "rotation_down": 57.45, "downward_expansion": 82.8 }, "activity_lines": [ 5.745333, 5.800545, 6.263857, 6.553226 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 5.96, "trend_reference": 6.94, "distance_from_trend": -0.14121, "trend_direction": "Weakening", "fair_value": 7.674886, "distance_from_fair_value": -0.223441, "fair_value_direction": "Weakening", "relative_strength": -25.36324, "relative_strength_direction": "Weakening", "price_momentum": -0.220915, "excess_performance": -0.228315, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.14121, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.082577, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.223441, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.217519, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.253632, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.061123, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.220915, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.256707, "read": "Supply-led" } ], "volume": { "latest": 27787221, "relative_activity": 0.930028, "balance": 0.256707, "dry_up": 1.056613, "accumulation_observations": 1, "distribution_observations": 5 }, "risk": { "range_context": 0.078085, "annualized_volatility": 0.300705, "from_high_reference": -0.537267, "from_low_reference": 0.122411 }, "levels": { "trend_reference": 6.94, "fair_value_reference": 7.674886, "structural_low": 5.31, 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"2026-07-24", "close": 5.35, "volume": 36815797, "typical_volume": 29408985.55, "trend": 7.051333, "fair_value": 7.725329, "relative_strength": -32.511454, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.498506, "energy": 83.021576, "activity_lines": [ 5.630667, 5.891455, 6.417048, 6.701785 ] }, { "date": "2026-07-31", "close": 5.78, "volume": 32169885, "typical_volume": 29798299.5, "trend": 6.991333, "fair_value": 7.699999, "relative_strength": -25.174958, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.911001, "energy": 61.081985, "activity_lines": [ 5.662, 5.815091, 6.327524, 6.619763 ] }, { "date": "2026-08-07", "close": 5.96, "volume": 27787221, "typical_volume": 29877822.35, "trend": 6.94, "fair_value": 7.674886, "relative_strength": -25.36324, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.401641, "energy": 56.270351, "activity_lines": [ 5.745333, 5.800545, 6.263857, 6.553226 ] } ], "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." } } }