{ "ticker": { "uuid": "d52848f9-9975-4ec2-a09b-9c4193c4e8eb", "symbol": "603997", "name": "Ningbo Jifeng Auto Parts 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": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 82.789, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -36.783, "architecture_energy": 19.883, "architecture_maturity": 26.651, "architecture_confidence": 50.401, "architecture_tenure": "New", "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": 48.52, "rotation_up": 21.55, "upward_expansion": 14.76, "deceleration": 61.93, "rotation_down": 40.98, "downward_expansion": 62.42 }, "activity_lines": [ 12.384667, 12.366727, 12.701727, 12.825605 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 12.75, "trend_reference": 13.139045, "distance_from_trend": -0.02961, "trend_direction": "Weakening", "fair_value": 12.640814, "distance_from_fair_value": 0.008638, "fair_value_direction": "Weakening", "relative_strength": -1.663928, "relative_strength_direction": "Improving", "price_momentum": -0.132343, "excess_performance": -0.089139, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.02961, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.024306, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.008638, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.020733, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.016639, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.066529, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.132343, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.160027, "read": "Demand-led" } ], "volume": { "latest": 89388902, "relative_activity": 1.459194, "balance": 1.160027, "dry_up": 1.394546, "accumulation_observations": 4, "distribution_observations": 5 }, "risk": { "range_context": 0.10201, "annualized_volatility": 0.436327, "from_high_reference": -0.194358, "from_low_reference": 0.153846 }, "levels": { "trend_reference": 13.139045, "fair_value_reference": 12.640814, "structural_low": 11.05, "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": 14, "median_return": 0.080457, "positive_rate": 0.714286, "directional_follow_through": 0.285714, "median_excess_return": 0.05194, "regime_survival": 0.642857, "best_return": 0.469388, "worst_return": -0.095099, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.073359, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.154171, "regime_survival": 0.333333, "best_return": 0.94086, "worst_return": 0.015139, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.171175, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": 0.017403, "regime_survival": 0.25, "best_return": 0.599462, "worst_return": -0.205745, "sufficient": false }, { 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12.787121, 12.979044 ] }, { "date": "2026-07-24", "close": 11.38, "volume": 75599273, "typical_volume": 57492823.45, "trend": 13.205418, "fair_value": 12.649889, "relative_strength": -9.274689, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.121668, "energy": 66.160153, "activity_lines": [ 11.669333, 12.309725, 12.652816, 12.855875 ] }, { "date": "2026-07-31", "close": 13.16, "volume": 86703828, "typical_volume": 59653871.05, "trend": 13.173773, "fair_value": 12.649146, "relative_strength": 4.368065, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.319882, "energy": 38.830445, "activity_lines": [ 12.144667, 12.373273, 12.697204, 12.852945 ] }, { "date": "2026-08-07", "close": 12.75, "volume": 89388902, "typical_volume": 61259112.25, "trend": 13.139045, "fair_value": 12.640814, "relative_strength": -1.663928, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.783292, "energy": 19.882834, "activity_lines": [ 12.384667, 12.366727, 12.701727, 12.825605 ] } ], "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." } } }