{ "ticker": { "uuid": "887a08f7-88e4-41b7-a452-4f9ae9613628", "symbol": "603194", "name": "Zhejiang E-P Equipment 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": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -50.05, "architecture_energy": 41.915, "architecture_maturity": 9.884, "architecture_confidence": 91.054, "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": 34.24, "rotation_up": 15.0, "upward_expansion": 9.71, "deceleration": 38.82, "rotation_down": 58.68, "downward_expansion": 80.71 }, "activity_lines": [ 33.908, 34.491091, 34.845702, 35.024483 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 34.110001, "trend_reference": 35.850424, "distance_from_trend": -0.048547, "trend_direction": "Weakening", "fair_value": 37.306325, "distance_from_fair_value": -0.085678, "fair_value_direction": "Weakening", "relative_strength": -8.747792, "relative_strength_direction": "Improving", "price_momentum": -0.120423, "excess_performance": -0.077219, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.048547, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.024567, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.085678, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.059898, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.087478, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.045489, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.120423, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.543657, "read": "Supply-led" } ], "volume": { "latest": 6346183, "relative_activity": 0.921714, "balance": 0.543657, "dry_up": 1.10316, "accumulation_observations": 3, "distribution_observations": 5 }, "risk": { "range_context": 0.076152, "annualized_volatility": 0.320024, "from_high_reference": -0.26744, "from_low_reference": 0.086306 }, "levels": { "trend_reference": 35.850424, "fair_value_reference": 37.306325, "structural_low": 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33.130001, "volume": 9188475, "typical_volume": 6977258.3, "trend": 36.38437, "fair_value": 37.485266, "relative_strength": -14.377109, "stage": 4, "regime": "balance", "modifier": "Neutral compression", "gate": "down", "direction": -44.223385, "energy": 20.192601, "activity_lines": [ 35.364666, 35.700321, 35.233326, 35.660224 ] }, { "date": "2026-07-17", "close": 32.619999, "volume": 8050814, "typical_volume": 7045322.1, "trend": 36.240758, "fair_value": 37.425201, "relative_strength": -9.988893, "stage": 4, "regime": "balance", "modifier": "Neutral compression", "gate": "down", "direction": -50.157989, "energy": 33.595379, "activity_lines": [ 34.163333, 35.107284, 35.000932, 35.417361 ] }, { "date": "2026-07-24", "close": 33.02, "volume": 8570946, "typical_volume": 6939422.95, "trend": 36.115091, "fair_value": 37.371479, "relative_strength": -9.567747, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.809151, "energy": 44.765274, "activity_lines": [ 33.494666, 34.661677, 34.8363, 35.20957 ] }, { "date": "2026-07-31", "close": 35.16, "volume": 7413955, "typical_volume": 6898480.55, "trend": 36.023758, "fair_value": 37.344834, "relative_strength": -3.741018, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.58715, "energy": 39.071121, "activity_lines": [ 33.818667, 34.660545, 34.891239, 35.147952 ] }, { "date": "2026-08-07", "close": 34.110001, "volume": 6346183, "typical_volume": 6885194.55, "trend": 35.850424, "fair_value": 37.306325, "relative_strength": -8.747792, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.050035, "energy": 41.91471, "activity_lines": [ 33.908, 34.491091, 34.845702, 35.024483 ] } ], "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." } } }