{ "ticker": { "uuid": "cce0464e-ec99-416a-ba48-26d2c6702e00", "symbol": "002724", "name": "Ocean's King Lighting Science & 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": -48.444, "architecture_energy": 42.562, "architecture_maturity": 94.989, "architecture_confidence": 94.224, "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": 19.04, "rotation_up": 27.75, "upward_expansion": 19.74, "deceleration": 46.94, "rotation_down": 40.04, "downward_expansion": 69.74 }, "activity_lines": [ 5.153333, 5.087091, 5.345229, 5.757415 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 5.33, "trend_reference": 6.2696, "distance_from_trend": -0.149866, "trend_direction": "Weakening", "fair_value": 6.331424, "distance_from_fair_value": -0.158167, "fair_value_direction": "Weakening", "relative_strength": -24.482475, "relative_strength_direction": "Improving", "price_momentum": -0.284564, "excess_performance": -0.291964, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.149866, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.090651, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.158167, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.099753, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.244825, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.062481, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.284564, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.52269, "read": "Supply-led" } ], "volume": { "latest": 28702522, "relative_activity": 0.851484, "balance": 0.52269, "dry_up": 1.006748, "accumulation_observations": 2, "distribution_observations": 4 }, "risk": { "range_context": 0.074204, "annualized_volatility": 0.337137, "from_high_reference": -0.382387, "from_low_reference": 0.143777 }, "levels": { "trend_reference": 6.2696, "fair_value_reference": 6.331424, "structural_low": 4.66, "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": 29, "median_return": 0.005633, "positive_rate": 0.551724, "directional_follow_through": 0.448276, "median_excess_return": -0.02032, "regime_survival": 0.827586, "best_return": 0.218823, "worst_return": -0.197122, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": -0.039616, "positive_rate": 0.181818, "directional_follow_through": 0.818182, "median_excess_return": -0.021166, "regime_survival": 0.545455, "best_return": 0.298578, "worst_return": -0.22966, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.101141, "positive_rate": 0.166667, "directional_follow_through": 0.833333, "median_excess_return": -0.116626, "regime_survival": 0.333333, "best_return": 0.14692, "worst_return": -0.395124, "sufficient": true }, { 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"downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.791738, "energy": 65.058335, "activity_lines": [ 4.949333, 5.068889, 5.561248, 5.989531 ] }, { "date": "2026-07-24", "close": 4.87, "volume": 30723282, "typical_volume": 41002444.1, "trend": 6.3676, "fair_value": 6.370812, "relative_strength": -29.979914, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.337043, "energy": 63.067055, "activity_lines": [ 4.919333, 5.008413, 5.447876, 5.88874 ] }, { "date": "2026-07-31", "close": 5.32, "volume": 40954915, "typical_volume": 40346229.85, "trend": 6.317933, "fair_value": 6.350297, "relative_strength": -21.530961, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.682246, "energy": 53.366543, "activity_lines": [ 5.051333, 5.044231, 5.390981, 5.821153 ] }, { "date": "2026-08-07", "close": 5.33, "volume": 28702522, "typical_volume": 33708828.3, "trend": 6.2696, "fair_value": 6.331424, "relative_strength": -24.482475, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.44429, "energy": 42.561804, "activity_lines": [ 5.153333, 5.087091, 5.345229, 5.757415 ] } ], "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." } } }