{ "ticker": { "uuid": "94c68f2d-f86e-4b5c-946f-b4627018544d", "symbol": "600794", "name": "Zhang Jia Gang Freetrade Science&Technology Group 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": -45.813, "architecture_energy": 40.683, "architecture_maturity": 100.0, "architecture_confidence": 86.904, "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": 27.8, "rotation_up": 27.47, "upward_expansion": 18.99, "deceleration": 46.99, "rotation_down": 34.59, "downward_expansion": 64.32 }, "activity_lines": [ 3.066, 3.045636, 3.161245, 3.307427 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 3.1, "trend_reference": 3.498473, "distance_from_trend": -0.113899, "trend_direction": "Weakening", "fair_value": 3.694815, "distance_from_fair_value": -0.160986, "fair_value_direction": "Weakening", "relative_strength": -17.875802, "relative_strength_direction": "Improving", "price_momentum": -0.198966, "excess_performance": -0.155763, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.113899, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.078817, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.160986, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.132377, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.178758, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.032553, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.198966, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.349391, "read": "Supply-led" } ], "volume": { "latest": 53762880, "relative_activity": 1.114616, "balance": 0.349391, "dry_up": 1.116328, "accumulation_observations": 1, "distribution_observations": 5 }, "risk": { "range_context": 0.054258, "annualized_volatility": 0.240013, "from_high_reference": -0.364754, "from_low_reference": 0.076389 }, "levels": { "trend_reference": 3.498473, "fair_value_reference": 3.694815, "structural_low": 2.88, "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": 23, "median_return": 0.0, "positive_rate": 0.478261, "directional_follow_through": 0.478261, "median_excess_return": -0.001257, "regime_survival": 0.73913, "best_return": 0.182432, "worst_return": -0.121489, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": -0.047369, "positive_rate": 0.375, "directional_follow_through": 0.625, "median_excess_return": -0.006004, "regime_survival": 0.5, "best_return": 0.361159, "worst_return": -0.098461, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.00627, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": -0.041619, "regime_survival": 0.4, "best_return": 0.25496, "worst_return": -0.185135, "sufficient": true }, { "horizon": "Full cycle", 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"typical_volume": 58650333.8, "trend": 3.55014, "fair_value": 3.70186, "relative_strength": -19.991546, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.775051, "energy": 62.405481, "activity_lines": [ 3.006, 3.035448, 3.208428, 3.363251 ] }, { "date": "2026-07-31", "close": 3.11, "volume": 47838034, "typical_volume": 53529623.5, "trend": 3.52514, "fair_value": 3.698861, "relative_strength": -16.107007, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.068654, "energy": 48.838395, "activity_lines": [ 3.044667, 3.039276, 3.183218, 3.334855 ] }, { "date": "2026-08-07", "close": 3.1, "volume": 53762880, "typical_volume": 48234452.25, "trend": 3.498473, "fair_value": 3.694815, "relative_strength": -17.875802, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.813007, "energy": 40.682964, "activity_lines": [ 3.066, 3.045636, 3.161245, 3.307427 ] } ], "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." } } }