{ "ticker": { "uuid": "c22b38dd-e570-4c54-b22d-f91e316fdd67", "symbol": "603825", "name": "Hylink Digital Solutions 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": -33.245, "architecture_energy": 25.221, "architecture_maturity": 91.634, "architecture_confidence": 88.473, "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": 31.9, "rotation_up": 29.69, "upward_expansion": 18.54, "deceleration": 44.12, "rotation_down": 29.55, "downward_expansion": 63.87 }, "activity_lines": [ 7.302, 7.116727, 7.465048, 7.807118 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 7.99, "trend_reference": 8.29, "distance_from_trend": -0.036188, "trend_direction": "Weakening", "fair_value": 10.565192, "distance_from_fair_value": -0.243743, "fair_value_direction": "Weakening", "relative_strength": -10.210302, "relative_strength_direction": "Improving", "price_momentum": -0.157173, "excess_performance": -0.113969, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.036188, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.080829, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.243743, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.030326, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.102103, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.123671, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.157173, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.519149, "read": "Supply-led" } ], "volume": { "latest": 17579484, "relative_activity": 1.823731, "balance": 0.519149, "dry_up": 1.294305, "accumulation_observations": 2, "distribution_observations": 6 }, "risk": { "range_context": 0.082603, "annualized_volatility": 0.398505, "from_high_reference": -0.3572, "from_low_reference": 0.31631 }, "levels": { "trend_reference": 8.29, "fair_value_reference": 10.565192, "structural_low": 6.07, "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": 32, "median_return": -0.01449, "positive_rate": 0.375, "directional_follow_through": 0.625, "median_excess_return": -0.023207, "regime_survival": 0.78125, "best_return": 0.198529, "worst_return": -0.223039, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 12, "median_return": -0.021848, "positive_rate": 0.416667, "directional_follow_through": 0.583333, "median_excess_return": -0.057907, "regime_survival": 0.5, "best_return": 0.264706, "worst_return": -0.164393, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": -0.127421, "positive_rate": 0.285714, "directional_follow_through": 0.714286, "median_excess_return": -0.158096, "regime_survival": 0.571429, "best_return": 0.444706, "worst_return": -0.191246, "sufficient": true }, { "horizon": 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"activity_lines": [ 6.878, 7.258182, 7.770619, 8.131505 ] }, { "date": "2026-07-17", "close": 6.67, "volume": 10022400, "typical_volume": 9317180.45, "trend": 8.458, "fair_value": 10.676282, "relative_strength": -24.437147, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.260303, "energy": 64.217429, "activity_lines": [ 6.823333, 7.080364, 7.628905, 8.011247 ] }, { "date": "2026-07-24", "close": 6.83, "volume": 13775420, "typical_volume": 9099971.45, "trend": 8.390333, "fair_value": 10.636218, "relative_strength": -22.605247, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.780436, "energy": 53.928611, "activity_lines": [ 6.841333, 6.969273, 7.515952, 7.906215 ] }, { "date": "2026-07-31", "close": 7.19, "volume": 8527432, "typical_volume": 9165606.05, "trend": 8.325667, "fair_value": 10.596603, "relative_strength": -17.879004, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.352579, "energy": 44.63317, "activity_lines": [ 6.966667, 6.957818, 7.448095, 7.828774 ] }, { "date": "2026-08-07", "close": 7.99, "volume": 17579484, "typical_volume": 9639294.95, "trend": 8.29, "fair_value": 10.565192, "relative_strength": -10.210302, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.245311, "energy": 25.221053, "activity_lines": [ 7.302, 7.116727, 7.465048, 7.807118 ] } ], "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." } } }