{ "ticker": { "uuid": "cdd805b8-893f-4185-8734-d98bd0fd02ef", "symbol": "603801", "name": "Zbom Home Collection 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": -63.663, "architecture_energy": 62.73, "architecture_maturity": 100.0, "architecture_confidence": 93.407, "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": 29.41, "upward_expansion": 12.0, "deceleration": 61.0, "rotation_down": 50.23, "downward_expansion": 83.0 }, "activity_lines": [ 5.627333, 5.673843, 6.341282, 7.022124 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 5.77, "trend_reference": 7.875295, "distance_from_trend": -0.267329, "trend_direction": "Weakening", "fair_value": 11.776837, "distance_from_fair_value": -0.510055, "fair_value_direction": "Weakening", "relative_strength": -32.42078, "relative_strength_direction": "Weakening", "price_momentum": -0.411224, "excess_performance": -0.368021, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.267329, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.128972, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.510055, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.135116, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.324208, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.095194, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.411224, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.461503, "read": "Supply-led" } ], "volume": { "latest": 37153638, "relative_activity": 2.149668, "balance": 0.461503, "dry_up": 2.054844, "accumulation_observations": 2, "distribution_observations": 4 }, "risk": { "range_context": 0.091503, "annualized_volatility": 0.297868, "from_high_reference": -0.445725, "from_low_reference": 0.122568 }, "levels": { "trend_reference": 7.875295, "fair_value_reference": 11.776837, "structural_low": 5.14, "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": 35, "median_return": -0.035611, "positive_rate": 0.342857, "directional_follow_through": 0.657143, "median_excess_return": -0.037521, "regime_survival": 0.8, "best_return": 0.452029, "worst_return": -0.203131, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 13, "median_return": -0.051901, "positive_rate": 0.384615, "directional_follow_through": 0.615385, "median_excess_return": -0.107304, "regime_survival": 0.692308, "best_return": 0.336069, "worst_return": -0.379623, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.066515, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.116716, "regime_survival": 0.333333, "best_return": 0.430369, "worst_return": -0.145051, "sufficient": true }, { 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"regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.409084, "energy": 69.808276, "activity_lines": [ 5.627539, 5.97521, 6.867837, 7.510396 ] }, { "date": "2026-07-24", "close": 5.18, "volume": 29893784, "typical_volume": 16166215.55, "trend": 8.101961, "fair_value": 11.95631, "relative_strength": -38.798827, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.572783, "energy": 72.741573, "activity_lines": [ 5.46, 5.757008, 6.634509, 7.313087 ] }, { "date": "2026-07-31", "close": 5.81, "volume": 41677557, "typical_volume": 17184621.8, "trend": 7.987961, "fair_value": 11.873182, "relative_strength": -30.853306, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.200273, "energy": 65.944148, "activity_lines": [ 5.558667, 5.704332, 6.481039, 7.165218 ] }, { "date": "2026-08-07", "close": 5.77, "volume": 37153638, "typical_volume": 17283426.85, "trend": 7.875295, "fair_value": 11.776837, "relative_strength": -32.42078, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.662698, "energy": 62.730082, "activity_lines": [ 5.627333, 5.673843, 6.341282, 7.022124 ] } ], "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." } } }