{ "ticker": { "uuid": "7c71dfb3-5d14-4a16-8ad5-3050848c4769", "symbol": "000969", "name": "Advanced Technology & Materials 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": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 87.011, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -65.779, "architecture_energy": 83.502, "architecture_maturity": 24.549, "architecture_confidence": 77.911, "architecture_tenure": "New", "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": 19.69, "rotation_up": 8.03, "upward_expansion": 19.97, "deceleration": 37.0, "rotation_down": 77.52, "downward_expansion": 93.31 }, "activity_lines": [ 16.56, 18.880063, 20.409664, 20.99477 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 17.450001, "trend_reference": 22.001329, "distance_from_trend": -0.206866, "trend_direction": "Improving", "fair_value": 13.246973, "distance_from_fair_value": 0.317282, "fair_value_direction": "Weakening", "relative_strength": -14.35345, "relative_strength_direction": "Weakening", "price_momentum": -0.271399, "excess_performance": -0.278798, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.206866, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.012272, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.317282, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.48179, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.143534, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.166558, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.271399, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.686841, "read": "Demand-led" } ], "volume": { "latest": 202120421, "relative_activity": 1.355331, "balance": 1.686841, "dry_up": 1.143945, "accumulation_observations": 4, "distribution_observations": 4 }, "risk": { "range_context": 0.138697, "annualized_volatility": 0.554715, "from_high_reference": -0.439267, "from_low_reference": 0.390438 }, "levels": { "trend_reference": 22.001329, "fair_value_reference": 13.246973, "structural_low": 14.72, "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": 9, "median_return": 0.008046, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": -0.00722, "regime_survival": 0.666667, "best_return": 0.182942, "worst_return": -0.113759, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": 0.162333, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": 0.044144, "regime_survival": 0.25, "best_return": 0.420272, "worst_return": -0.162514, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.099675, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.181485, "regime_survival": 0.0, "best_return": 0.639061, "worst_return": -0.013335, "sufficient": false }, { "horizon": "Full cycle", 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"regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.869542, "energy": 47.66542, "activity_lines": [ 20.441333, 21.852479, 21.894471, 22.161157 ] }, { "date": "2026-07-24", "close": 15.51, "volume": 160719716, "typical_volume": 148022423.15, "trend": 22.281329, "fair_value": 13.150195, "relative_strength": -21.001124, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.039103, "energy": 78.980271, "activity_lines": [ 18.260667, 20.614367, 21.290472, 21.714211 ] }, { "date": "2026-07-31", "close": 15.8, "volume": 129008962, "typical_volume": 145471020.3, "trend": 22.119996, "fair_value": 13.192483, "relative_strength": -18.259721, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.845438, "energy": 87.030979, "activity_lines": [ 16.814667, 19.535981, 20.755187, 21.29606 ] }, { "date": "2026-08-07", "close": 17.450001, "volume": 202120421, "typical_volume": 149129922.05, "trend": 22.001329, "fair_value": 13.246973, "relative_strength": -14.35345, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.779461, "energy": 83.502383, "activity_lines": [ 16.56, 18.880063, 20.409664, 20.99477 ] } ], "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." } } }