{ "ticker": { "uuid": "78ae5c4a-c086-4666-bffa-53287dd8e95b", "symbol": "300622", "name": "Doctorglasses Chain 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": -41.415, "architecture_energy": 25.651, "architecture_maturity": 96.734, "architecture_confidence": 85.836, "architecture_tenure": "Established", "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": 31.2, "rotation_up": 26.22, "upward_expansion": 15.09, "deceleration": 46.99, "rotation_down": 34.52, "downward_expansion": 65.09 }, "activity_lines": [ 15.244, 15.002182, 15.705843, 16.527648 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 15.68, "trend_reference": 18.009077, "distance_from_trend": -0.129328, "trend_direction": "Weakening", "fair_value": 16.933922, "distance_from_fair_value": -0.074048, "fair_value_direction": "Weakening", "relative_strength": -24.341635, "relative_strength_direction": "Improving", "price_momentum": -0.257708, "excess_performance": -0.265108, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.129328, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.104161, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.074048, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.161788, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.243416, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.088726, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.257708, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.777539, "read": "Supply-led" } ], "volume": { "latest": 77658605, "relative_activity": 1.846841, "balance": 0.777539, "dry_up": 1.897563, "accumulation_observations": 3, "distribution_observations": 4 }, "risk": { "range_context": 0.115526, "annualized_volatility": 0.546922, "from_high_reference": -0.432321, "from_low_reference": 0.197861 }, "levels": { "trend_reference": 18.009077, "fair_value_reference": 16.933922, "structural_low": 13.09, "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": 23, "median_return": 0.020542, "positive_rate": 0.608696, "directional_follow_through": 0.391304, "median_excess_return": -0.020355, "regime_survival": 0.695652, "best_return": 1.226219, "worst_return": -0.149122, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.065381, "positive_rate": 0.555556, "directional_follow_through": 0.444444, "median_excess_return": -0.026608, "regime_survival": 0.444444, "best_return": 0.784262, "worst_return": -0.201187, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.101748, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.030744, "regime_survival": 0.5, "best_return": 0.425292, "worst_return": -0.263121, "sufficient": true }, { 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] }, { "date": "2026-07-17", "close": 15.72, "volume": 65639680, "typical_volume": 36842545.7, "trend": 18.617116, "fair_value": 16.869507, "relative_strength": -24.052642, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.493917, "energy": 56.197769, "activity_lines": [ 14.768667, 15.197103, 16.121938, 17.166656 ] }, { "date": "2026-07-24", "close": 13.65, "volume": 89348829, "typical_volume": 38868809.15, "trend": 18.393071, "fair_value": 16.881532, "relative_strength": -33.379788, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.346428, "energy": 56.389142, "activity_lines": [ 14.412, 14.790494, 15.813483, 16.846197 ] }, { "date": "2026-07-31", "close": 15.99, "volume": 86518619, "typical_volume": 41442200.75, "trend": 18.214444, "fair_value": 16.907246, "relative_strength": -19.77968, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.752368, "energy": 36.103126, "activity_lines": [ 14.953333, 14.911091, 15.763507, 16.69116 ] }, { "date": "2026-08-07", "close": 15.68, "volume": 77658605, "typical_volume": 42049434.2, "trend": 18.009077, "fair_value": 16.933922, "relative_strength": -24.341635, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.414925, "energy": 25.65117, "activity_lines": [ 15.244, 15.002182, 15.705843, 16.527648 ] } ], "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." } } }