{ "ticker": { "uuid": "bf3668cd-bd93-4f7d-a8e7-87a8589cc5b5", "symbol": "600745", "name": "Wingtech 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": -64.836, "architecture_energy": 54.52, "architecture_maturity": 100.0, "architecture_confidence": 90.798, "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": 22.32, "rotation_up": 28.12, "upward_expansion": 9.12, "deceleration": 59.3, "rotation_down": 48.74, "downward_expansion": 80.12 }, "activity_lines": [ 17.328667, 17.749455, 19.411238, 22.332344 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 16.82, "trend_reference": 26.652333, "distance_from_trend": -0.368911, "trend_direction": "Weakening", "fair_value": 35.101538, "distance_from_fair_value": -0.520819, "fair_value_direction": "Weakening", "relative_strength": -48.924411, "relative_strength_direction": "Weakening", "price_momentum": -0.573096, "excess_performance": -0.529893, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.368911, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.221762, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.520819, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.158742, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.489244, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.083405, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.573096, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.627211, "read": "Supply-led" } ], "volume": { "latest": 186238060, "relative_activity": 1.202441, "balance": 0.627211, "dry_up": 1.678873, "accumulation_observations": 3, "distribution_observations": 5 }, "risk": { "range_context": 0.177856, "annualized_volatility": 0.746627, "from_high_reference": -0.668898, "from_low_reference": 0.106579 }, "levels": { "trend_reference": 26.652333, "fair_value_reference": 35.101538, "structural_low": 15.2, "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": 34, "median_return": -0.020542, "positive_rate": 0.382353, "directional_follow_through": 0.617647, "median_excess_return": -0.012471, "regime_survival": 0.852941, "best_return": 0.254045, "worst_return": -0.401539, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": -0.061164, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": -0.015478, "regime_survival": 0.6, "best_return": 0.26617, "worst_return": -0.511754, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.000252, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.00234, "regime_survival": 0.333333, "best_return": 0.229639, "worst_return": -0.350745, "sufficient": true }, { 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"activity_lines": [ 18.598, 18.722182, 21.991095, 25.182946 ] }, { "date": "2026-07-17", "close": 19.07, "volume": 402282824, "typical_volume": 147248696.6, "trend": 28.723667, "fair_value": 35.669544, "relative_strength": -41.802282, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.648113, "energy": 47.401074, "activity_lines": [ 18.94, 18.712364, 21.403191, 24.517011 ] }, { "date": "2026-07-24", "close": 16.83, "volume": 278415649, "typical_volume": 152285618.45, "trend": 28.044333, "fair_value": 35.467552, "relative_strength": -48.625202, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.825835, "energy": 48.129103, "activity_lines": [ 18.421333, 18.386727, 20.670667, 23.749677 ] }, { "date": "2026-07-31", "close": 16.59, "volume": 173181260, "typical_volume": 151738208.4, "trend": 27.334333, "fair_value": 35.278063, "relative_strength": -48.91046, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.861447, "energy": 50.803685, "activity_lines": [ 17.827333, 18.050727, 19.990667, 23.010688 ] }, { "date": "2026-08-07", "close": 16.82, "volume": 186238060, "typical_volume": 154883339.05, "trend": 26.652333, "fair_value": 35.101538, "relative_strength": -48.924411, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.835683, "energy": 54.519642, "activity_lines": [ 17.328667, 17.749455, 19.411238, 22.332344 ] } ], "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." } } }