{ "ticker": { "uuid": "c91adb3b-bafe-432b-880f-dc7e37d8fd08", "symbol": "002139", "name": "Shenzhen Topband Co., Ltd.", "exchange": "SHZ", "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": "399001.SZ", "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": -42.956, "architecture_energy": 31.627, "architecture_maturity": 100.0, "architecture_confidence": 86.495, "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": 33.29, "rotation_up": 26.63, "upward_expansion": 16.07, "deceleration": 46.5, "rotation_down": 34.86, "downward_expansion": 63.74 }, "activity_lines": [ 9.985333, 9.888909, 10.210617, 10.722748 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 10.24, "trend_reference": 11.499361, "distance_from_trend": -0.109516, "trend_direction": "Weakening", "fair_value": 11.757037, "distance_from_fair_value": -0.129032, "fair_value_direction": "Weakening", "relative_strength": -22.523342, "relative_strength_direction": "Improving", "price_momentum": -0.198637, "excess_performance": -0.206037, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.109516, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.09331, "read": "Falling" 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{ "date": "2026-07-17", "close": 9.8, "volume": 103792620, "typical_volume": 79774399.5, "trend": 11.85571, "fair_value": 11.791819, "relative_strength": -25.22031, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.541663, "energy": 50.085928, "activity_lines": [ 9.813333, 9.897091, 10.482611, 11.066235 ] }, { "date": "2026-07-24", "close": 9.36, "volume": 107959549, "typical_volume": 80703189.0, "trend": 11.723883, "fair_value": 11.775119, "relative_strength": -28.050957, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.209539, "energy": 48.711209, "activity_lines": [ 9.674667, 9.760182, 10.320982, 10.905221 ] }, { "date": "2026-07-31", "close": 10.27, "volume": 98597627, "typical_volume": 81303552.75, "trend": 11.614441, "fair_value": 11.763558, "relative_strength": -19.060164, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.359834, "energy": 38.095073, "activity_lines": [ 9.874, 9.818909, 10.261398, 10.811422 ] }, { "date": "2026-08-07", "close": 10.24, "volume": 121360066, "typical_volume": 84277995.75, "trend": 11.499361, "fair_value": 11.757037, "relative_strength": -22.523342, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.956197, "energy": 31.627275, "activity_lines": [ 9.985333, 9.888909, 10.210617, 10.722748 ] } ], "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." } } }