{ "ticker": { "uuid": "b25e0a49-a9ef-441d-a26d-1526a140cd6d", "symbol": "603300", "name": "Zhejiang Haikong Nanke Huatie Digital Intelligence and Technology 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": -50.852, "architecture_energy": 49.793, "architecture_maturity": 100.0, "architecture_confidence": 96, "architecture_tenure": "Extended", "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": 19.81, "rotation_up": 27.78, "upward_expansion": 21.71, "deceleration": 46.99, "rotation_down": 43.08, "downward_expansion": 71.71 }, "activity_lines": [ 4.878, 4.818727, 5.25819, 5.69428 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 4.95, "trend_reference": 6.275, "distance_from_trend": -0.211155, "trend_direction": "Weakening", "fair_value": 7.016766, "distance_from_fair_value": -0.294547, "fair_value_direction": "Weakening", "relative_strength": -31.794126, "relative_strength_direction": "Weakening", "price_momentum": -0.310585, "excess_performance": -0.267381, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.211155, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.123767, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.294547, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.267706, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.317941, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.033713, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.310585, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.341775, "read": "Supply-led" } ], "volume": { "latest": 214628367, "relative_activity": 0.994324, "balance": 0.341775, "dry_up": 1.260349, "accumulation_observations": 2, "distribution_observations": 4 }, "risk": { "range_context": 0.086092, "annualized_volatility": 0.352342, "from_high_reference": -0.584383, "from_low_reference": 0.164706 }, "levels": { "trend_reference": 6.275, "fair_value_reference": 7.016766, "structural_low": 4.25, "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": 21, "median_return": -0.026157, "positive_rate": 0.333333, "directional_follow_through": 0.619048, "median_excess_return": -0.033071, "regime_survival": 0.857143, "best_return": 0.299863, "worst_return": -0.191116, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": -0.109368, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.096573, "regime_survival": 0.75, "best_return": 0.413711, "worst_return": -0.335303, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.030654, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.053466, "regime_survival": 0.5, "best_return": 0.282966, "worst_return": -0.30062, "sufficient": false }, { "horizon": "Full cycle", 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"energy": 91.486646, "activity_lines": [ 4.652667, 5.007818, 5.685714, 6.112882 ] }, { "date": "2026-07-17", "close": 4.84, "volume": 332439079, "typical_volume": 231197201.8, "trend": 6.543667, "fair_value": 7.036525, "relative_strength": -34.241733, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.072689, "energy": 78.89787, "activity_lines": [ 4.682, 4.904, 5.556524, 5.998022 ] }, { "date": "2026-07-24", "close": 4.64, "volume": 280965075, "typical_volume": 226575187.45, "trend": 6.462667, "fair_value": 7.02927, "relative_strength": -36.463664, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.833714, "energy": 66.887328, "activity_lines": [ 4.661333, 4.800727, 5.421619, 5.875204 ] }, { "date": "2026-07-31", "close": 5.08, "volume": 260171070, "typical_volume": 221924744.7, "trend": 6.371667, "fair_value": 7.024262, "relative_strength": -29.349512, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.19389, "energy": 61.461324, "activity_lines": [ 4.809333, 4.812545, 5.34119, 5.786 ] }, { "date": "2026-08-07", "close": 4.95, "volume": 214628367, "typical_volume": 215853626.75, "trend": 6.275, "fair_value": 7.016766, "relative_strength": -31.794126, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.852254, "energy": 49.793165, "activity_lines": [ 4.878, 4.818727, 5.25819, 5.69428 ] } ], "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." } } }