{ "ticker": { "uuid": "c9c06258-8c31-44be-97a0-db98c7f4d24e", "symbol": "603113", "name": "Jinneng Science&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": -65.432, "architecture_energy": 64.038, "architecture_maturity": 72.847, "architecture_confidence": 96, "architecture_tenure": "Developing", "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": 7.19, "rotation_up": 29.95, "upward_expansion": 16.5, "deceleration": 56.01, "rotation_down": 53.33, "downward_expansion": 80.83 }, "activity_lines": [ 4.38, 4.381711, 4.830024, 5.370177 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 4.5, "trend_reference": 5.965457, "distance_from_trend": -0.245657, "trend_direction": "Weakening", "fair_value": 6.258979, "distance_from_fair_value": -0.281033, "fair_value_direction": "Weakening", "relative_strength": -28.132746, "relative_strength_direction": "Weakening", "price_momentum": -0.357143, "excess_performance": -0.313939, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.245657, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.091793, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.281033, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.159745, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.281327, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.052418, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.357143, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.42324, "read": "Supply-led" } ], "volume": { "latest": 42301912, "relative_activity": 0.682427, "balance": 0.42324, "dry_up": 0.770032, "accumulation_observations": 0, "distribution_observations": 2 }, "risk": { "range_context": 0.066748, "annualized_volatility": 0.423968, "from_high_reference": -0.482759, "from_low_reference": 0.119403 }, "levels": { "trend_reference": 5.965457, "fair_value_reference": 6.258979, "structural_low": 4.02, "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": 33, "median_return": 0.021021, "positive_rate": 0.575758, "directional_follow_through": 0.424242, "median_excess_return": -0.001012, "regime_survival": 0.757576, "best_return": 0.291028, "worst_return": -0.217496, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 13, "median_return": -0.007785, "positive_rate": 0.384615, "directional_follow_through": 0.538462, "median_excess_return": 0.032718, "regime_survival": 0.692308, "best_return": 0.195122, "worst_return": -0.311698, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": -0.127024, "positive_rate": 0.428571, "directional_follow_through": 0.571429, "median_excess_return": -0.116451, "regime_survival": 0.571429, "best_return": 0.109756, "worst_return": -0.309358, "sufficient": true }, { 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6.323509, "relative_strength": -31.193838, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.2866, "energy": 88.550631, "activity_lines": [ 4.268667, 4.500041, 5.208648, 5.695792 ] }, { "date": "2026-07-24", "close": 4.21, "volume": 53822004, "typical_volume": 80890004.35, "trend": 6.075457, "fair_value": 6.301543, "relative_strength": -31.9351, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.45706, "energy": 84.76037, "activity_lines": [ 4.229333, 4.408644, 5.048535, 5.571117 ] }, { "date": "2026-07-31", "close": 4.48, "volume": 42935553, "typical_volume": 70079142.4, "trend": 6.019123, "fair_value": 6.280467, "relative_strength": -27.149892, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.422344, "energy": 66.115284, "activity_lines": [ 4.308, 4.386649, 4.92947, 5.468184 ] }, { "date": "2026-08-07", "close": 4.5, "volume": 42301912, "typical_volume": 61987476.3, "trend": 5.965457, "fair_value": 6.258979, "relative_strength": -28.132746, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.431828, "energy": 64.037844, "activity_lines": [ 4.38, 4.381711, 4.830024, 5.370177 ] } ], "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." } } }