{ "ticker": { "uuid": "e5bcc1f3-3075-4b57-b5a1-8cbb6c2c92e4", "symbol": "300718", "name": "Zhejiang Changsheng Sliding Bearings 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": -52.66, "architecture_energy": 40.682, "architecture_maturity": 12.01, "architecture_confidence": 87.006, "architecture_tenure": "New", "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": 25.04, "rotation_up": 17.48, "upward_expansion": 7.83, "deceleration": 43.09, "rotation_down": 55.76, "downward_expansion": 76.5 }, "activity_lines": [ 62.481333, 63.719455, 67.30471, 69.182052 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.333333 }, "latest_close": 68.790001, "trend_reference": 72.420021, "distance_from_trend": -0.050125, "trend_direction": "Weakening", "fair_value": 48.243589, "distance_from_fair_value": 0.425889, "fair_value_direction": "Weakening", "relative_strength": -16.168011, "relative_strength_direction": "Improving", "price_momentum": -0.136584, "excess_performance": -0.143984, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.050125, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.073373, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.425889, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.360858, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.16168, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.043508, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.136584, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.160228, "read": "Demand-led" } ], "volume": { "latest": 82259745, "relative_activity": 2.192847, "balance": 1.160228, "dry_up": 1.377844, "accumulation_observations": 4, "distribution_observations": 3 }, "risk": { "range_context": 0.152648, "annualized_volatility": 0.728025, "from_high_reference": -0.370106, "from_low_reference": 0.340936 }, "levels": { "trend_reference": 72.420021, "fair_value_reference": 48.243589, 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"direction": -73.916362, "energy": 56.044, "activity_lines": [ 63.652668, 66.701055, 69.487129, 71.420436 ] }, { "date": "2026-07-24", "close": 53.130001, "volume": 34890799, "typical_volume": 32958574.85, "trend": 73.600112, "fair_value": 47.641592, "relative_strength": -34.146532, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.860651, "energy": 47.965753, "activity_lines": [ 59.765334, 63.669311, 67.825582, 70.046112 ] }, { "date": "2026-07-31", "close": 64.379997, "volume": 48078756, "typical_volume": 34137944.35, "trend": 72.962811, "fair_value": 47.924875, "relative_strength": -18.134031, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.598022, "energy": 53.49325, "activity_lines": [ 60.595999, 63.154909, 67.334849, 69.451266 ] }, { "date": "2026-08-07", "close": 68.790001, "volume": 82259745, "typical_volume": 37512766.4, "trend": 72.420021, "fair_value": 48.243589, "relative_strength": -16.168011, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.659946, "energy": 40.681512, "activity_lines": [ 62.481333, 63.719455, 67.30471, 69.182052 ] } ], "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." } } }