{ "ticker": { "uuid": "ca2f7804-2d2e-42c3-b3a0-57b5ed37f17d", "symbol": "002232", "name": "Qiming Information Technology 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": -60.521, "architecture_energy": 50.932, "architecture_maturity": 82.591, "architecture_confidence": 88.251, "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": 12.08, "rotation_up": 24.56, "upward_expansion": 8.0, "deceleration": 60.17, "rotation_down": 51.1, "downward_expansion": 79.0 }, "activity_lines": [ 14.048667, 14.147636, 15.053582, 15.786459 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 14.59, "trend_reference": 16.83193, "distance_from_trend": -0.133195, "trend_direction": "Weakening", "fair_value": 17.414292, "distance_from_fair_value": -0.162182, "fair_value_direction": "Weakening", "relative_strength": -22.844764, "relative_strength_direction": "Weakening", "price_momentum": -0.22766, "excess_performance": -0.23506, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.133195, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.082786, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.162182, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.201591, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.228448, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.006481, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.22766, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.560602, "read": "Supply-led" } ], "volume": { "latest": 28035804, "relative_activity": 1.435101, "balance": 0.560602, "dry_up": 1.225493, "accumulation_observations": 3, "distribution_observations": 5 }, "risk": { "range_context": 0.081238, "annualized_volatility": 0.344679, "from_high_reference": -0.481084, "from_low_reference": 0.133644 }, "levels": { "trend_reference": 16.83193, "fair_value_reference": 17.414292, "structural_low": 12.87, "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": 24, "median_return": 0.029427, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.025467, "regime_survival": 0.75, "best_return": 1.618243, "worst_return": -0.16794, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.095937, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": 0.037629, "regime_survival": 0.25, "best_return": 0.807322, "worst_return": -0.167334, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.067774, "positive_rate": 0.8, "directional_follow_through": 0.2, "median_excess_return": 0.097777, "regime_survival": 0.2, "best_return": 0.264295, "worst_return": -0.001184, "sufficient": true }, { "horizon": "Full cycle", 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"activity_lines": [ 13.860667, 14.114109, 15.186358, 15.94009 ] }, { "date": "2026-08-07", "close": 14.59, "volume": 28035804, "typical_volume": 19535766.45, "trend": 16.83193, "fair_value": 17.414292, "relative_strength": -22.844764, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.52076, "energy": 50.93175, "activity_lines": [ 14.048667, 14.147636, 15.053582, 15.786459 ] } ], "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." } } }