{ "ticker": { "uuid": "78f380a4-5f9b-4776-91e1-bb0be9d7e9f6", "symbol": "300604", "name": "Hangzhou Changchuan 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": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 43.007, "architecture_energy": 30.055, "architecture_maturity": 99.51, "architecture_confidence": 95.948, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 33.18, "rotation_up": 33.68, "upward_expansion": 63.8, "deceleration": 88.33, "rotation_down": 26.47, "downward_expansion": 16.13 }, "activity_lines": [ 284.996002, 288.735637, 257.870756, 228.281119 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 283.209991, "trend_reference": 193.107505, "distance_from_trend": 0.466592, "trend_direction": "Improving", "fair_value": 72.998294, "distance_from_fair_value": 2.87968, "fair_value_direction": "Improving", "relative_strength": 95.74346, "relative_strength_direction": "Improving", "price_momentum": 1.220732, "excess_performance": 1.213333, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.466592, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.495865, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 2.87968, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.559361, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.957435, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.212417, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 1.220732, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.890097, "read": "Demand-led" } ], "volume": { "latest": 145032529, "relative_activity": 1.293662, "balance": 1.890097, "dry_up": 1.425399, "accumulation_observations": 5, "distribution_observations": 3 }, "risk": { "range_context": 0.206851, "annualized_volatility": 0.764077, "from_high_reference": -0.283013, "from_low_reference": 5.533103 }, "levels": { "trend_reference": 193.107505, "fair_value_reference": 72.998294, 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"date": "2026-07-17", "close": 278.76001, "volume": 161797671, "typical_volume": 101802730.85, "trend": 174.682171, "fair_value": 68.41513, "relative_strength": 121.755869, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.075521, "energy": 65.19594, "activity_lines": [ 307.004667, 280.450666, 236.945115, 208.749947 ] }, { "date": "2026-07-24", "close": 303.5, "volume": 173249956, "typical_volume": 105683997.05, "trend": 181.890505, "fair_value": 70.068107, "relative_strength": 131.534271, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.972473, "energy": 58.129749, "activity_lines": [ 307.319334, 288.3846, 246.725947, 217.060775 ] }, { "date": "2026-07-31", "close": 259.640015, "volume": 159126241, "typical_volume": 109194253.05, "trend": 187.044172, "fair_value": 71.450387, "relative_strength": 94.993803, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.787911, "energy": 46.241558, "activity_lines": [ 290.387339, 286.633123, 251.498448, 222.076872 ] }, { "date": "2026-08-07", "close": 283.209991, "volume": 145032529, "typical_volume": 112110054.3, "trend": 193.107505, "fair_value": 72.998294, "relative_strength": 95.74346, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.007498, "energy": 30.055343, "activity_lines": [ 284.996002, 288.735637, 257.870756, 228.281119 ] } ], "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." } } }