{ "ticker": { "uuid": "82612550-f866-4c07-8ae3-efb8a85ea200", "symbol": "300949", "name": "Shenzhen L&A Design Holding Limited", "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": -62.486, "architecture_energy": 53.406, "architecture_maturity": 79.334, "architecture_confidence": 93.228, "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": 8.22, "rotation_up": 24.33, "upward_expansion": 8.68, "deceleration": 60.49, "rotation_down": 54.98, "downward_expansion": 82.02 }, "activity_lines": [ 20.404, 20.607818, 22.474954, 23.89804 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 21.65, "trend_reference": 25.766804, "distance_from_trend": -0.159772, "trend_direction": "Weakening", "fair_value": 26.193616, "distance_from_fair_value": -0.173463, "fair_value_direction": "Weakening", "relative_strength": -23.213871, "relative_strength_direction": "Weakening", "price_momentum": -0.277669, "excess_performance": -0.285069, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.159772, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.098588, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.173463, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.255228, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.232139, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.050344, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.277669, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.307075, "read": "Supply-led" } ], "volume": { "latest": 6776136, "relative_activity": 1.260091, "balance": 0.307075, "dry_up": 1.196832, "accumulation_observations": 2, "distribution_observations": 6 }, "risk": { "range_context": 0.101368, "annualized_volatility": 0.35998, "from_high_reference": -0.450508, "from_low_reference": 0.232916 }, "levels": { "trend_reference": 25.766804, "fair_value_reference": 26.193616, "structural_low": 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"energy": 88.866665, "activity_lines": [ 20.428, 21.627775, 23.735567, 25.046548 ] }, { "date": "2026-07-24", "close": 18.559999, "volume": 6961904, "typical_volume": 5376802.65, "trend": 26.160287, "fair_value": 26.261195, "relative_strength": -32.993975, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.987298, "energy": 80.683201, "activity_lines": [ 19.712, 20.825887, 23.11031, 24.535238 ] }, { "date": "2026-07-31", "close": 20.58, "volume": 6412287, "typical_volume": 5379867.0, "trend": 25.946287, "fair_value": 26.227027, "relative_strength": -23.874182, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.079906, "energy": 61.964383, "activity_lines": [ 19.894, 20.562909, 22.723668, 24.17522 ] }, { "date": "2026-08-07", "close": 21.65, "volume": 6776136, "typical_volume": 5377497.2, "trend": 25.766804, "fair_value": 26.193616, "relative_strength": -23.213871, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.485506, "energy": 53.406315, "activity_lines": [ 20.404, 20.607818, 22.474954, 23.89804 ] } ], "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." } } }