{ "ticker": { "uuid": "deef41e9-695f-49fd-ae44-5dbcafeee2e8", "symbol": "301459", "name": "Zhejiang Fengmao 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": -52.394, "architecture_energy": 34.097, "architecture_maturity": 59.28, "architecture_confidence": 89.736, "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": 19.81, "rotation_up": 23.75, "upward_expansion": 5.99, "deceleration": 55.17, "rotation_down": 49.89, "downward_expansion": 76.99 }, "activity_lines": [ 33.288667, 33.474367, 34.7041, 35.977847 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 36.02, "trend_reference": 38.302225, "distance_from_trend": -0.059585, "trend_direction": "Weakening", "fair_value": 36.410063, "distance_from_fair_value": -0.010713, "fair_value_direction": "Weakening", "relative_strength": -14.16939, "relative_strength_direction": "Improving", "price_momentum": -0.193642, "excess_performance": -0.201042, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.059585, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.067926, "read": "Falling" }, { 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"downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.611354, "energy": 47.662438, "activity_lines": [ 32.538, 33.428589, 35.05645, 36.577746 ] }, { "date": "2026-07-31", "close": 32.240002, "volume": 4386282, "typical_volume": 4730198.8, "trend": 38.580892, "fair_value": 36.412931, "relative_strength": -19.903883, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.254728, "energy": 44.143349, "activity_lines": [ 32.314667, 33.011976, 34.68418, 36.143065 ] }, { "date": "2026-08-07", "close": 36.02, "volume": 5236126, "typical_volume": 4761729.35, "trend": 38.302225, "fair_value": 36.410063, "relative_strength": -14.16939, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.394222, "energy": 34.097086, "activity_lines": [ 33.288667, 33.474367, 34.7041, 35.977847 ] } ], "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." } } }