{ "ticker": { "uuid": "99944be6-219a-4640-a41e-4c374b04827e", "symbol": "688400", "name": "LUSTER LightTech 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": 58.846, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -23.455, "architecture_energy": 46.415, "architecture_maturity": 5.441, "architecture_confidence": 67.804, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 32.85, "rotation_up": 16.74, "upward_expansion": 24.13, "deceleration": 52.2, "rotation_down": 68.66, "downward_expansion": 49.13 }, "activity_lines": [ 46.128667, 52.164647, 55.54936, 53.913281 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 49.060001, "trend_reference": 51.265133, "distance_from_trend": -0.043014, "trend_direction": "Improving", "fair_value": 30.918695, "distance_from_fair_value": 0.586742, "fair_value_direction": "Weakening", "relative_strength": 6.430122, "relative_strength_direction": "Weakening", "price_momentum": 0.209864, "excess_performance": 0.253068, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.043014, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.115211, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.586742, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.720957, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.064301, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.506462, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.209864, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.684967, "read": "Supply-led" } ], "volume": { "latest": 69219672, "relative_activity": 0.924222, "balance": 0.684967, "dry_up": 0.889191, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.180854, "annualized_volatility": 0.769843, "from_high_reference": -0.336579, "from_low_reference": 0.62558 }, "levels": { "trend_reference": 51.265133, "fair_value_reference": 30.918695, "structural_low": 37.57, "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": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Extended", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 0, "median_return": null, "positive_rate": null, 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3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": -11.881827, "energy": 22.124786, "activity_lines": [ 51.508902, 56.574429, 57.234826, 54.577212 ] }, { "date": "2026-07-31", "close": 42.709999, "volume": 54086793, "typical_volume": 75439521.8, "trend": 51.042466, "fair_value": 30.775342, "relative_strength": -4.130776, "stage": 4, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -32.397146, "energy": 41.264869, "activity_lines": [ 46.991448, 53.578538, 56.088569, 54.041182 ] }, { "date": "2026-08-07", "close": 49.060001, "volume": 69219672, "typical_volume": 74895081.4, "trend": 51.265133, "fair_value": 30.918695, "relative_strength": 6.430122, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.454724, "energy": 46.41515, "activity_lines": [ 46.128667, 52.164647, 55.54936, 53.913281 ] } ], "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." } } }