{ "ticker": { "uuid": "e30c6b8f-c228-43d8-a7ed-5f1676b94745", "symbol": "000006", "name": "Shenzhen Zhenye (Group) 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": "Early contraction", "architecture_gate": "down", "architecture_direction": -64.343, "architecture_energy": 69.557, "architecture_maturity": 31.495, "architecture_confidence": 81.892, "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": 10.65, "rotation_up": 12.56, "upward_expansion": 14.8, "deceleration": 40.92, "rotation_down": 69.94, "downward_expansion": 88.13 }, "activity_lines": [ 6.473333, 6.798545, 7.714095, 8.127613 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 6.73, "trend_reference": 8.613667, "distance_from_trend": -0.218683, "trend_direction": "Weakening", "fair_value": 6.694423, "distance_from_fair_value": 0.005314, "fair_value_direction": "Weakening", "relative_strength": -29.029063, "relative_strength_direction": "Weakening", "price_momentum": -0.248884, "excess_performance": -0.256284, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.218683, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.12335, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.005314, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.465132, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.290291, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.169124, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.248884, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.680304, "read": "Demand-led" } ], "volume": { "latest": 86975396, "relative_activity": 0.688247, "balance": 1.680304, "dry_up": 0.875324, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.14596, "annualized_volatility": 0.522767, "from_high_reference": -0.565806, "from_low_reference": 0.206093 }, "levels": { "trend_reference": 8.613667, "fair_value_reference": 6.694423, "structural_low": 5.58, "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": 29, "median_return": 0.018223, "positive_rate": 0.551724, "directional_follow_through": 0.448276, "median_excess_return": 0.016473, "regime_survival": 0.689655, "best_return": 0.772251, "worst_return": -0.156206, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": 0.0, "positive_rate": 0.454545, "directional_follow_through": 0.454545, "median_excess_return": 0.028913, "regime_survival": 0.363636, "best_return": 1.061789, "worst_return": -0.111111, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.034223, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": 0.164722, "regime_survival": 0.0, "best_return": 0.99685, "worst_return": -0.069182, "sufficient": true }, { "horizon": "Full cycle", 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-29.941742, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.486394, "energy": 78.39174, "activity_lines": [ 7.388, 7.998182, 8.574, 8.789613 ] }, { "date": "2026-07-17", "close": 6.07, "volume": 109194052, "typical_volume": 129264750.0, "trend": 8.967667, "fair_value": 6.656538, "relative_strength": -33.753993, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.58318, "energy": 87.154571, "activity_lines": [ 6.896667, 7.549455, 8.311286, 8.594194 ] }, { "date": "2026-07-24", "close": 6.05, "volume": 113262387, "typical_volume": 127790516.5, "trend": 8.843333, "fair_value": 6.666859, "relative_strength": -34.042294, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.109577, "energy": 85.93582, "activity_lines": [ 6.517333, 7.158545, 8.061952, 8.405957 ] }, { "date": "2026-07-31", "close": 6.52, "volume": 133035259, "typical_volume": 128489834.85, "trend": 8.721, "fair_value": 6.680513, "relative_strength": -27.723994, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.407295, "energy": 78.762011, "activity_lines": [ 6.438667, 6.919818, 7.872048, 8.256065 ] }, { "date": "2026-08-07", "close": 6.73, "volume": 86975396, "typical_volume": 126372365.4, "trend": 8.613667, "fair_value": 6.694423, "relative_strength": -29.029063, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.342956, "energy": 69.557357, "activity_lines": [ 6.473333, 6.798545, 7.714095, 8.127613 ] } ], "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." } } }