{ "ticker": { "uuid": "85a1727d-4845-4396-947c-7838473ff8c1", "symbol": "300768", "name": "Hangzhou DPtech Technologies 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": 95.42, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -12.328, "architecture_energy": 14.707, "architecture_maturity": 89.767, "architecture_confidence": 40.875, "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": 54.54, "rotation_up": 37.73, "upward_expansion": 21.68, "deceleration": 41.01, "rotation_down": 18.85, "downward_expansion": 53.35 }, "activity_lines": [ 16.193333, 15.588909, 15.739976, 16.088888 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.166667 }, "latest_close": 16.889999, "trend_reference": 16.818626, "distance_from_trend": 0.004244, "trend_direction": "Weakening", "fair_value": 16.132411, "distance_from_fair_value": 0.046961, "fair_value_direction": "Weakening", "relative_strength": -9.617478, "relative_strength_direction": "Improving", "price_momentum": -0.08752, "excess_performance": -0.09492, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.004244, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.084001, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.046961, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.047375, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.096175, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.113408, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.08752, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 2.345719, "read": "Demand-led" } ], "volume": { "latest": 85867776, "relative_activity": 2.294004, "balance": 2.345719, "dry_up": 2.134449, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.09676, "annualized_volatility": 0.41361, "from_high_reference": -0.339719, "from_low_reference": 0.267067 }, "levels": { "trend_reference": 16.818626, "fair_value_reference": 16.132411, "structural_low": 13.33, "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": 28, "median_return": -0.010978, "positive_rate": 0.428571, "directional_follow_through": 0.571429, "median_excess_return": -0.010683, "regime_survival": 0.821429, "best_return": 0.204615, "worst_return": -0.205736, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.04036, "positive_rate": 0.555556, "directional_follow_through": 0.444444, "median_excess_return": -0.037457, "regime_survival": 0.555556, "best_return": 0.733921, "worst_return": -0.41062, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.000314, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": 0.046209, "regime_survival": 0.4, "best_return": 0.386242, "worst_return": -0.38042, "sufficient": true }, { 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"modifier": "Established contraction", "gate": "down", "direction": -58.047134, "energy": 40.798399, "activity_lines": [ 14.975334, 15.002942, 15.632245, 16.21374 ] }, { "date": "2026-07-24", "close": 15.78, "volume": 101479566, "typical_volume": 32004584.75, "trend": 16.958626, "fair_value": 16.129475, "relative_strength": -13.275243, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.611167, "energy": 20.125626, "activity_lines": [ 15.316667, 15.079338, 15.609489, 16.131592 ] }, { "date": "2026-07-31", "close": 16.280001, "volume": 76058401, "typical_volume": 34223448.25, "trend": 16.873293, "fair_value": 16.124898, "relative_strength": -8.762906, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.663429, "energy": 19.581834, "activity_lines": [ 15.750667, 15.271567, 15.643209, 16.08781 ] }, { "date": "2026-08-07", "close": 16.889999, "volume": 85867776, "typical_volume": 37431390.05, "trend": 16.818626, "fair_value": 16.132411, "relative_strength": -9.617478, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.328325, "energy": 14.706777, "activity_lines": [ 16.193333, 15.588909, 15.739976, 16.088888 ] } ], "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." } } }