{ "ticker": { "uuid": "d3a3035b-c971-40de-8220-30d8d410d60b", "symbol": "002006", "name": "Zhejiang Jinggong Integration 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": -63.431, "architecture_energy": 60.421, "architecture_maturity": 55.484, "architecture_confidence": 87.347, "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": 11.73, "rotation_up": 17.1, "upward_expansion": 10.29, "deceleration": 51.14, "rotation_down": 62.98, "downward_expansion": 81.29 }, "activity_lines": [ 13.458667, 13.884267, 15.108881, 16.080054 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 13.82, "trend_reference": 17.625534, "distance_from_trend": -0.21591, "trend_direction": "Weakening", "fair_value": 16.265132, "distance_from_fair_value": -0.15033, "fair_value_direction": "Weakening", "relative_strength": -29.017329, "relative_strength_direction": "Weakening", "price_momentum": -0.3288, "excess_performance": -0.3362, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.21591, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.118385, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.15033, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.247973, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.290173, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.06983, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.3288, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.59698, "read": "Supply-led" } ], "volume": { "latest": 34483714, "relative_activity": 0.889855, "balance": 0.59698, "dry_up": 1.03278, "accumulation_observations": 1, "distribution_observations": 5 }, "risk": { "range_context": 0.100532, "annualized_volatility": 0.412901, "from_high_reference": -0.448303, "from_low_reference": 0.095956 }, "levels": { "trend_reference": 17.625534, "fair_value_reference": 16.265132, "structural_low": 12.61, "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": 26, "median_return": -0.016015, "positive_rate": 0.461538, "directional_follow_through": 0.538462, "median_excess_return": -0.036178, "regime_survival": 0.807692, "best_return": 0.384968, "worst_return": -0.241307, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": -0.049251, "positive_rate": 0.3, "directional_follow_through": 0.7, "median_excess_return": -0.031222, "regime_survival": 0.6, "best_return": 0.626853, "worst_return": -0.207696, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.064552, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.02511, "regime_survival": 0.333333, "best_return": 0.575414, "worst_return": -0.333333, "sufficient": true }, { "horizon": "Full cycle", 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contraction", "gate": "down", "direction": -64.895141, "energy": 68.791132, "activity_lines": [ 14.770578, 15.416887, 16.422091, 17.392751 ] }, { "date": "2026-07-17", "close": 13.19, "volume": 43910156, "typical_volume": 42945775.75, "trend": 18.493868, "fair_value": 16.379448, "relative_strength": -30.869391, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.440883, "energy": 67.013254, "activity_lines": [ 14.268433, 14.87296, 16.035681, 17.032158 ] }, { "date": "2026-07-24", "close": 12.67, "volume": 44501562, "typical_volume": 42254248.55, "trend": 18.216867, "fair_value": 16.332802, "relative_strength": -33.368204, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.778303, "energy": 67.605464, "activity_lines": [ 13.693139, 14.327214, 15.636081, 16.656424 ] }, { "date": "2026-07-31", "close": 13.4, "volume": 37194120, "typical_volume": 40404799.0, "trend": 17.936868, "fair_value": 16.294731, "relative_strength": -27.992353, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.92033, "energy": 63.605062, "activity_lines": [ 13.498662, 14.022195, 15.337767, 16.345659 ] }, { "date": "2026-08-07", "close": 13.82, "volume": 34483714, "typical_volume": 38752077.6, "trend": 17.625534, "fair_value": 16.265132, "relative_strength": -29.017329, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.430936, "energy": 60.421022, "activity_lines": [ 13.458667, 13.884267, 15.108881, 16.080054 ] } ], "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." } } }