{ "ticker": { "uuid": "7e5a36ca-25bd-4b58-8a50-a1d0763ab741", "symbol": "900914", "name": "Shanghai Jin Jiang Online Network Service 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": -30.957, "architecture_energy": 27.742, "architecture_maturity": 98.175, "architecture_confidence": 76.641, "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": 34.98, "rotation_up": 35.71, "upward_expansion": 23.67, "deceleration": 44.17, "rotation_down": 24.8, "downward_expansion": 60.0 }, "activity_lines": [ 0.432378, 0.423718, 0.429337, 0.442497 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 0.444, "trend_reference": 0.462351, "distance_from_trend": -0.03969, "trend_direction": "Weakening", "fair_value": 0.491916, "distance_from_fair_value": -0.097408, "fair_value_direction": "Weakening", "relative_strength": -8.904576, "relative_strength_direction": "Improving", "price_momentum": -0.12426, "excess_performance": -0.081057, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.03969, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.052625, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.097408, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.002485, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.089046, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.098974, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.12426, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.664052, "read": "Demand-led" } ], "volume": { "latest": 1441702, "relative_activity": 1.795396, "balance": 1.664052, "dry_up": 1.307404, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.036426, "annualized_volatility": 0.14089, "from_high_reference": -0.239726, "from_low_reference": 0.10745 }, "levels": { "trend_reference": 0.462351, "fair_value_reference": 0.491916, "structural_low": 0.400921, "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": 30, "median_return": -0.007064, "positive_rate": 0.433333, "directional_follow_through": 0.533333, "median_excess_return": 0.006782, "regime_survival": 0.833333, "best_return": 0.163979, "worst_return": -0.111331, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": -0.042478, "positive_rate": 0.454545, "directional_follow_through": 0.545455, "median_excess_return": 0.001022, "regime_survival": 0.636364, "best_return": 0.240146, "worst_return": -0.166366, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": -0.058568, "positive_rate": 0.428571, "directional_follow_through": 0.571429, "median_excess_return": -0.073642, "regime_survival": 0.428571, "best_return": 0.923606, "worst_return": -0.204, "sufficient": true }, 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0.411536, 0.420507, 0.440503, 0.45659 ] }, { "date": "2026-07-10", "close": 0.408631, "volume": 583700, "typical_volume": 792320.5, "trend": 0.472133, "fair_value": 0.493861, "relative_strength": -19.310172, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.977361, "energy": 69.309877, "activity_lines": [ 0.409722, 0.416706, 0.435771, 0.452288 ] }, { "date": "2026-07-17", "close": 0.411522, "volume": 890700, "typical_volume": 785136.25, "trend": 0.469384, "fair_value": 0.493315, "relative_strength": -13.235112, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.219733, "energy": 65.848437, "activity_lines": [ 0.409962, 0.414365, 0.431806, 0.448377 ] }, { "date": "2026-07-24", "close": 0.426, "volume": 1295878, "typical_volume": 792418.9, "trend": 0.466484, "fair_value": 0.492834, "relative_strength": -10.815828, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.677473, "energy": 56.267611, "activity_lines": [ 0.415127, 0.41541, 0.429675, 0.445579 ] }, { "date": "2026-07-31", "close": 0.439, "volume": 571100, "typical_volume": 789304.35, "trend": 0.464284, "fair_value": 0.492413, "relative_strength": -8.006817, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.130438, "energy": 37.222751, "activity_lines": [ 0.424092, 0.419055, 0.42913, 0.443805 ] }, { "date": "2026-08-07", "close": 0.444, "volume": 1441702, "typical_volume": 802999.45, "trend": 0.462351, "fair_value": 0.491916, "relative_strength": -8.904576, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.956575, "energy": 27.741802, "activity_lines": [ 0.432378, 0.423718, 0.429337, 0.442497 ] } ], "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." } } }