{ "ticker": { "uuid": "7ab24841-bed1-4fdd-ac64-69c266c49079", "symbol": "002609", "name": "Shenzhen Jieshun Science and Technology Industry 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": -44.644, "architecture_energy": 32.972, "architecture_maturity": 94.303, "architecture_confidence": 86.677, "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": 26.0, "rotation_up": 26.71, "upward_expansion": 16.4, "deceleration": 46.8, "rotation_down": 38.01, "downward_expansion": 66.4 }, "activity_lines": [ 7.567333, 7.502, 7.689487, 7.990687 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 7.85, "trend_reference": 8.527357, "distance_from_trend": -0.079433, "trend_direction": "Weakening", "fair_value": 9.125839, "distance_from_fair_value": -0.139805, "fair_value_direction": "Weakening", "relative_strength": -17.327354, "relative_strength_direction": "Improving", "price_momentum": -0.233398, "excess_performance": -0.240798, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.079433, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.06839, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.139805, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.058981, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.173274, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.128548, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.233398, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.945051, "read": "Supply-led" } ], "volume": { "latest": 31532246, "relative_activity": 1.014111, "balance": 0.945051, "dry_up": 1.028948, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.057518, "annualized_volatility": 0.238267, "from_high_reference": -0.361789, "from_low_reference": 0.124642 }, "levels": { "trend_reference": 8.527357, "fair_value_reference": 9.125839, "structural_low": 6.98, "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": 25, "median_return": -0.015152, "positive_rate": 0.44, "directional_follow_through": 0.56, "median_excess_return": -0.012821, "regime_survival": 0.8, "best_return": 0.229947, "worst_return": -0.107297, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.061013, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.013069, "regime_survival": 0.555556, "best_return": 0.212377, "worst_return": -0.135014, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.040655, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": -0.081371, "regime_survival": 0.6, "best_return": 0.198159, "worst_return": -0.143656, "sufficient": true }, { "horizon": "Full cycle", 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"down", "direction": -69.59366, "energy": 65.801517, "activity_lines": [ 7.432667, 7.578172, 7.897072, 8.289252 ] }, { "date": "2026-07-17", "close": 7.23, "volume": 38351901, "typical_volume": 33634251.9, "trend": 8.689357, "fair_value": 9.182352, "relative_strength": -23.752554, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.75941, "energy": 58.067993, "activity_lines": [ 7.364, 7.47807, 7.803354, 8.191358 ] }, { "date": "2026-07-24", "close": 7.25, "volume": 32332471, "typical_volume": 32071522.7, "trend": 8.62569, "fair_value": 9.159182, "relative_strength": -22.772004, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.839508, "energy": 55.499708, "activity_lines": [ 7.314, 7.407366, 7.724351, 8.098496 ] }, { "date": "2026-07-31", "close": 7.68, "volume": 25757696, "typical_volume": 31271996.85, "trend": 8.575357, "fair_value": 9.140085, "relative_strength": -15.947563, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.299807, "energy": 48.351663, "activity_lines": [ 7.418, 7.433586, 7.695776, 8.037484 ] }, { "date": "2026-08-07", "close": 7.85, "volume": 31532246, "typical_volume": 31093473.65, "trend": 8.527357, "fair_value": 9.125839, "relative_strength": -17.327354, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.644454, "energy": 32.971726, "activity_lines": [ 7.567333, 7.502, 7.689487, 7.990687 ] } ], "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." } } }