{ "ticker": { "uuid": "7c4c8872-940e-4004-a85b-ff4cd3b7aa11", "symbol": "605003", "name": "Zhong Wang Fabric 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": 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": -67.0, "architecture_energy": 66.9, "architecture_maturity": 39.927, "architecture_confidence": 95.226, "architecture_tenure": "Developing", "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": 3.85, "rotation_up": 21.73, "upward_expansion": 12.67, "deceleration": 47.97, "rotation_down": 65.37, "downward_expansion": 88.34 }, "activity_lines": [ 19.631332, 20.323473, 22.385799, 24.399572 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": -0.833333 }, "latest_close": 20.799999, "trend_reference": 27.061078, "distance_from_trend": -0.231368, "trend_direction": "Weakening", "fair_value": 20.538503, "distance_from_fair_value": 0.012732, "fair_value_direction": "Weakening", "relative_strength": -20.102574, "relative_strength_direction": "Weakening", "price_momentum": -0.431539, "excess_performance": -0.388335, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.231368, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.069822, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.012732, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.3948, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.201026, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.215885, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.431539, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.305286, "read": "Supply-led" } ], "volume": { "latest": 7491942, "relative_activity": 1.429843, "balance": 0.305286, "dry_up": 1.15914, "accumulation_observations": 1, "distribution_observations": 4 }, "risk": { "range_context": 0.095164, "annualized_volatility": 0.406013, "from_high_reference": -0.44769, "from_low_reference": 0.222092 }, "levels": { "trend_reference": 27.061078, "fair_value_reference": 20.538503, "structural_low": 17.02, "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": 19, "median_return": 0.006072, "positive_rate": 0.526316, "directional_follow_through": 0.473684, "median_excess_return": 0.004856, "regime_survival": 0.789474, "best_return": 0.145161, "worst_return": -0.099871, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.001766, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.009043, "regime_survival": 0.5, "best_return": 0.236523, "worst_return": -0.091161, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.023749, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.030488, "regime_survival": 0.5, "best_return": 0.216981, "worst_return": -0.109359, "sufficient": false }, { "horizon": "Full cycle", 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6941990, "typical_volume": 5472669.4, "trend": 27.896078, "fair_value": 20.516988, "relative_strength": -29.660869, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.367167, "energy": 86.400305, "activity_lines": [ 19.659999, 20.895204, 23.327869, 25.389819 ] }, { "date": "2026-07-31", "close": 19.299999, "volume": 5238009, "typical_volume": 5317426.9, "trend": 27.552744, "fair_value": 20.52349, "relative_strength": -23.953973, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.494769, "energy": 83.963204, "activity_lines": [ 19.325333, 20.414551, 22.758429, 24.835233 ] }, { "date": "2026-08-07", "close": 20.799999, "volume": 7491942, "typical_volume": 5239695.25, "trend": 27.061078, "fair_value": 20.538503, "relative_strength": -20.102574, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.00041, "energy": 66.899627, "activity_lines": [ 19.631332, 20.323473, 22.385799, 24.399572 ] } ], "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." } } }