{ "ticker": { "uuid": "e9154aa2-06bb-4bf4-998c-bdff135f102b", "symbol": "002637", "name": "Zanyu Technology 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": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 88.768, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -59.099, "architecture_energy": 50.315, "architecture_maturity": 16.839, "architecture_confidence": 86.884, "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": 15.03, "rotation_up": 15.35, "upward_expansion": 8.74, "deceleration": 43.4, "rotation_down": 63.23, "downward_expansion": 84.4 }, "activity_lines": [ 10.088667, 10.383217, 10.952719, 11.438993 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 10.93, "trend_reference": 11.951736, "distance_from_trend": -0.085489, "trend_direction": "Improving", "fair_value": 10.104827, "distance_from_fair_value": 0.081661, "fair_value_direction": "Weakening", "relative_strength": -7.789417, "relative_strength_direction": "Improving", "price_momentum": -0.239388, "excess_performance": -0.246787, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.085489, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.002477, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.081661, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.101843, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.077894, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.056486, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.239388, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.922158, "read": "Supply-led" } ], "volume": { "latest": 85347214, "relative_activity": 1.114725, "balance": 0.922158, "dry_up": 0.759078, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.13508, "annualized_volatility": 0.722538, "from_high_reference": -0.363054, "from_low_reference": 0.213097 }, "levels": { "trend_reference": 11.951736, "fair_value_reference": 10.104827, "structural_low": 9.01, "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": 20, "median_return": 0.021601, "positive_rate": 0.65, "directional_follow_through": 0.35, "median_excess_return": 0.001614, "regime_survival": 0.75, "best_return": 0.167099, "worst_return": -0.156932, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.043225, "positive_rate": 0.714286, "directional_follow_through": 0.285714, "median_excess_return": -0.01566, "regime_survival": 0.285714, "best_return": 0.346056, "worst_return": -0.177901, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.064163, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": -0.053105, "regime_survival": 0.333333, "best_return": 0.317871, "worst_return": -0.276506, "sufficient": true }, { "horizon": "Full 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"date": "2026-07-24", "close": 9.21, "volume": 49630950, "typical_volume": 84936428.15, "trend": 11.946736, "fair_value": 10.110154, "relative_strength": -20.312979, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.521885, "energy": 71.648011, "activity_lines": [ 9.998681, 10.581253, 11.181691, 11.649045 ] }, { "date": "2026-07-31", "close": 9.69, "volume": 39903539, "typical_volume": 80410988.8, "trend": 11.92907, "fair_value": 10.105175, "relative_strength": -14.302268, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.987977, "energy": 67.692732, "activity_lines": [ 9.794, 10.361375, 10.993443, 11.503449 ] }, { "date": "2026-08-07", "close": 10.93, "volume": 85347214, "typical_volume": 76563436.9, "trend": 11.951736, "fair_value": 10.104827, "relative_strength": -7.789417, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.098929, "energy": 50.315308, "activity_lines": [ 10.088667, 10.383217, 10.952719, 11.438993 ] } ], "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." } } }