{ "ticker": { "uuid": "e683c602-971f-48bb-8bd3-cd8b6744861f", "symbol": "301361", "name": "SMARTGEN (Zhengzhou) 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": "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": -62.877, "architecture_energy": 60.38, "architecture_maturity": 23.061, "architecture_confidence": 80.621, "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": 14.49, "rotation_up": 13.96, "upward_expansion": 11.26, "deceleration": 43.99, "rotation_down": 66.59, "downward_expansion": 84.6 }, "activity_lines": [ 27.748667, 28.831339, 32.163246, 33.874948 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 28.860001, "trend_reference": 35.553197, "distance_from_trend": -0.188259, "trend_direction": "Weakening", "fair_value": 28.63291, "distance_from_fair_value": 0.007931, "fair_value_direction": "Weakening", "relative_strength": -19.621094, "relative_strength_direction": "Weakening", "price_momentum": -0.207796, "excess_performance": -0.215196, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.188259, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.035651, "read": "Falling" 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"direction": -47.451896, "energy": 57.465339, "activity_lines": [ 33.087267, 35.726153, 36.845081, 36.98296 ] }, { "date": "2026-07-03", "close": 30.879999, "volume": 1857900, "typical_volume": 16097935.85, "trend": 36.523863, "fair_value": 28.643588, "relative_strength": -23.858816, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.409539, "energy": 64.450935, "activity_lines": [ 31.942909, 34.661392, 36.205815, 36.613527 ] }, { "date": "2026-07-10", "close": 28.700001, "volume": 6649799, "typical_volume": 15907260.25, "trend": 36.364197, "fair_value": 28.657023, "relative_strength": -26.090351, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -75.903306, "energy": 77.614433, "activity_lines": [ 30.615333, 33.299006, 35.388787, 36.108762 ] }, { "date": "2026-07-17", "close": 26.25, "volume": 6252644, "typical_volume": 15389819.45, "trend": 36.103863, "fair_value": 28.646575, "relative_strength": -25.216856, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.472778, "energy": 83.798138, "activity_lines": [ 28.918, 31.619574, 34.376759, 35.456233 ] }, { "date": "2026-07-24", "close": 26.309999, "volume": 8274510, "typical_volume": 14445804.75, "trend": 35.84853, "fair_value": 28.622057, "relative_strength": -24.824807, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.896795, "energy": 81.863135, "activity_lines": [ 27.631333, 30.161337, 33.434683, 34.824371 ] }, { "date": "2026-07-31", "close": 27.950001, "volume": 6000225, "typical_volume": 12079247.65, "trend": 35.67753, "fair_value": 28.610334, "relative_strength": -18.485671, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.389983, "energy": 73.455535, "activity_lines": [ 27.468, 29.250527, 32.719179, 34.314788 ] }, { "date": "2026-08-07", "close": 28.860001, "volume": 7771800, "typical_volume": 11050582.75, "trend": 35.553197, "fair_value": 28.63291, "relative_strength": -19.621094, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.877193, "energy": 60.380122, "activity_lines": [ 27.748667, 28.831339, 32.163246, 33.874948 ] } ], "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." } } }