{
  "ticker": {
    "uuid": "d5d87565-0f27-49ad-8265-8fdbc01884be",
    "symbol": "301072",
    "name": "Zhongjie (Jiangsu) 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": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 35.505,
    "architecture_energy": 25.399,
    "architecture_maturity": 76.433,
    "architecture_confidence": 90.982,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 28.57,
        "rotation_up": 26.18,
        "upward_expansion": 59.04,
        "deceleration": 88.33,
        "rotation_down": 33.55,
        "downward_expansion": 22.71
      },
      "activity_lines": [
        33.955332,
        36.072545,
        32.950286,
        30.509742
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.166667
    },
    "latest_close": 34.509998,
    "trend_reference": 27.765333,
    "distance_from_trend": 0.242917,
    "trend_direction": "Improving",
    "fair_value": 23.345604,
    "distance_from_fair_value": 0.478223,
    "fair_value_direction": "Improving",
    "relative_strength": 26.789358,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.476048,
    "excess_performance": 0.468648,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.242917,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.187619,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.478223,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.343262,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.267894,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.389161,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.476048,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.708677,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 21871801,
      "relative_activity": 1.909209,
      "balance": 0.708677,
      "dry_up": 1.798687,
      "accumulation_observations": 2,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.163654,
      "annualized_volatility": 0.706604,
      "from_high_reference": -0.213537,
      "from_low_reference": 0.719482
    },
    "levels": {
      "trend_reference": 27.765333,
      "fair_value_reference": 23.345604,
      "structural_low": 20.07,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 6,
        "median_return": 0.010959,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.022932,
        "regime_survival": 0.666667,
        "best_return": 0.113186,
        "worst_return": -0.122188,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 2,
        "median_return": -0.002362,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.012283,
        "regime_survival": 0.0,
        "best_return": 0.113208,
        "worst_return": -0.117932,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 2,
        "median_return": -0.171777,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.12828,
        "regime_survival": 0.0,
        "best_return": -0.168821,
        "worst_return": -0.174733,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
        "median_return": -0.277264,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.075512,
        "regime_survival": 0.0,
        "best_return": -0.277264,
        "worst_return": -0.277264,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-18",
        "end": "2025-05-09",
        "tenure": "New",
        "return": 0.165749,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-16",
        "end": "2025-05-30",
        "tenure": "New",
        "return": -0.045537,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
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        "end": "2025-06-13",
        "tenure": "New",
        "return": -0.034679,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2025-07-18",
        "tenure": "Developing",
        "return": 0.260121,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "end": "2025-09-19",
        "tenure": "Developing",
        "return": -0.038103,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2025-11-28",
        "tenure": "Developing",
        "return": -0.050485,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
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        "end": "2026-01-02",
        "tenure": "Developing",
        "return": -0.020444,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-01-09",
        "end": "2026-02-06",
        "tenure": "Developing",
        "return": 0.065237,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
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        "end": "2026-04-03",
        "tenure": "Developing",
        "return": -0.146766,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-04-10",
        "end": "2026-04-24",
        "tenure": "New",
        "return": 0.025986,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
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        "end": "2026-05-08",
        "tenure": "New",
        "return": 0.03854,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
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        "active": false
      },
      {
        "regime": "upward_expansion",
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        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
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        "return": 0.0,
        "active": true
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    ],
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      },
      {
        "date": "2026-04-24",
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        "date": "2026-06-12",
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      },
      {
        "date": "2026-06-26",
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      },
      {
        "date": "2026-07-03",
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      },
      {
        "date": "2026-07-10",
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        "fair_value": 23.173479,
        "relative_strength": 45.870356,
        "stage": 2,
        "regime": "upward_expansion",
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        "activity_lines": [
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 9222736.7,
        "trend": 26.703,
        "fair_value": 23.252592,
        "relative_strength": 43.413347,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.752161,
        "energy": 81.949727,
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          31.824667,
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        ]
      },
      {
        "date": "2026-07-24",
        "close": 34.52,
        "volume": 25423014,
        "typical_volume": 10141762.85,
        "trend": 27.117,
        "fair_value": 23.271952,
        "relative_strength": 31.701026,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
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        "direction": 63.23732,
        "energy": 55.23463,
        "activity_lines": [
          38.016,
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        ]
      },
      {
        "date": "2026-07-31",
        "close": 29.299999,
        "volume": 19713500,
        "typical_volume": 10726533.55,
        "trend": 27.365667,
        "fair_value": 23.282907,
        "relative_strength": 13.563777,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 39.033682,
        "energy": 28.007089,
        "activity_lines": [
          34.759333,
          36.161273,
          32.441238,
          30.048817
        ]
      },
      {
        "date": "2026-08-07",
        "close": 34.509998,
        "volume": 21871801,
        "typical_volume": 11455948.25,
        "trend": 27.765333,
        "fair_value": 23.345604,
        "relative_strength": 26.789358,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.504772,
        "energy": 25.398527,
        "activity_lines": [
          33.955332,
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      }
    ],
    "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."
    }
  }
}