{ "ticker": { "uuid": "e49a28fc-693a-4cce-92c3-ad68ffdf9fe4", "symbol": "000818", "name": "Hangjin 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": -59.452, "architecture_energy": 51.034, "architecture_maturity": 59.796, "architecture_confidence": 96, "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": 14.85, "rotation_up": 23.46, "upward_expansion": 8.16, "deceleration": 47.75, "rotation_down": 51.9, "downward_expansion": 79.16 }, "activity_lines": [ 12.846667, 13.098364, 13.908429, 15.399398 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 13.49, "trend_reference": 17.403667, "distance_from_trend": -0.224876, "trend_direction": "Weakening", "fair_value": 23.197394, "distance_from_fair_value": -0.418469, "fair_value_direction": "Weakening", "relative_strength": -33.247126, "relative_strength_direction": "Weakening", "price_momentum": -0.388209, "excess_performance": -0.395608, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.224876, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.117983, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.418469, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.170795, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.332471, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.032918, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.388209, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.300309, "read": "Supply-led" } ], "volume": { "latest": 164964799, "relative_activity": 1.067703, "balance": 0.300309, "dry_up": 0.914052, "accumulation_observations": 1, "distribution_observations": 4 }, "risk": { "range_context": 0.140446, "annualized_volatility": 0.676821, "from_high_reference": -0.535308, "from_low_reference": 0.173043 }, "levels": { "trend_reference": 17.403667, "fair_value_reference": 23.197394, 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"relative_strength": -38.75242, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.329299, "energy": 45.543013, "activity_lines": [ 13.53, 13.629818, 14.831286, 16.393828 ] }, { "date": "2026-07-24", "close": 12.02, "volume": 146748047, "typical_volume": 170848833.55, "trend": 17.818667, "fair_value": 23.447707, "relative_strength": -39.973745, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.0678, "energy": 47.798958, "activity_lines": [ 13.034667, 13.253273, 14.405714, 16.004946 ] }, { "date": "2026-07-31", "close": 12.54, "volume": 99880064, "typical_volume": 157882876.6, "trend": 17.597333, "fair_value": 23.311221, "relative_strength": -35.5213, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.511168, "energy": 49.443272, "activity_lines": [ 12.734667, 13.057273, 14.085571, 15.664387 ] }, { "date": "2026-08-07", "close": 13.49, "volume": 164964799, "typical_volume": 154504405.2, "trend": 17.403667, "fair_value": 23.197394, "relative_strength": -33.247126, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.451944, "energy": 51.034244, "activity_lines": [ 12.846667, 13.098364, 13.908429, 15.399398 ] } ], "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." } } }