{ "ticker": { "uuid": "d8cba7c2-2589-4607-84b0-b841e491880a", "symbol": "300922", "name": "Qinhuangdao Tianqin Equipment Manufacturing 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": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -57.903, "architecture_energy": 44.621, "architecture_maturity": 24.523, "architecture_confidence": 77.316, "architecture_tenure": "Developing", "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": 28.82, "rotation_up": 12.95, "upward_expansion": 5.21, "deceleration": 50.57, "rotation_down": 61.48, "downward_expansion": 76.21 }, "activity_lines": [ 16.295333, 16.996819, 18.36419, 19.040758 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 16.969999, "trend_reference": 20.235175, "distance_from_trend": -0.161361, "trend_direction": "Weakening", "fair_value": 18.241053, "distance_from_fair_value": -0.069681, "fair_value_direction": "Weakening", "relative_strength": -27.37199, "relative_strength_direction": "Improving", "price_momentum": -0.251434, "excess_performance": -0.258833, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.161361, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.074221, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.069681, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.105852, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.27372, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.091853, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.251434, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.511808, "read": "Demand-led" } ], "volume": { "latest": 37450752, "relative_activity": 1.3742, "balance": 1.511808, "dry_up": 1.542613, "accumulation_observations": 5, "distribution_observations": 3 }, "risk": { "range_context": 0.169414, "annualized_volatility": 0.620131, "from_high_reference": -0.495691, "from_low_reference": 0.315504 }, "levels": { "trend_reference": 20.235175, "fair_value_reference": 18.241053, "structural_low": 12.9, "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": 21, "median_return": -0.000586, "positive_rate": 0.47619, "directional_follow_through": 0.52381, "median_excess_return": -0.000782, "regime_survival": 0.714286, "best_return": 0.384616, "worst_return": -0.176109, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": -0.066961, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.085653, "regime_survival": 0.375, "best_return": 0.413743, "worst_return": -0.189901, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.116619, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.081017, "regime_survival": 0.5, "best_return": 0.447738, "worst_return": -0.283077, "sufficient": true }, { "horizon": "Full cycle", 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"regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.164575, "energy": 77.696869, "activity_lines": [ 16.458, 18.553475, 19.191551, 19.860405 ] }, { "date": "2026-07-24", "close": 16.16, "volume": 46644976, "typical_volume": 24257223.3, "trend": 20.656508, "fair_value": 18.251232, "relative_strength": -30.525402, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.439707, "energy": 73.967551, "activity_lines": [ 16.096666, 17.93309, 18.865145, 19.556135 ] }, { "date": "2026-07-31", "close": 16.129999, "volume": 51758601, "typical_volume": 26047621.35, "trend": 20.431841, "fair_value": 18.241342, "relative_strength": -28.469884, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.298709, "energy": 65.491383, "activity_lines": [ 16.05, 17.343272, 18.563263, 19.264102 ] }, { "date": "2026-08-07", "close": 16.969999, "volume": 37450752, "typical_volume": 27252775.55, "trend": 20.235175, "fair_value": 18.241053, "relative_strength": -27.37199, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.903488, "energy": 44.620655, "activity_lines": [ 16.295333, 16.996819, 18.36419, 19.040758 ] } ], "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." } } }