{ "ticker": { "uuid": "f4df1149-9763-4b4d-bc3a-e06af585c0ef", "symbol": "300727", "name": "Ningbo Runhe High-Tech Materials 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": -61.561, "architecture_energy": 73.43, "architecture_maturity": 15.584, "architecture_confidence": 81.428, "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": 18.66, "rotation_up": 10.9, "upward_expansion": 18.6, "deceleration": 34.29, "rotation_down": 74.44, "downward_expansion": 89.6 }, "activity_lines": [ 27.47, 29.968727, 31.76538, 32.36958 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 28.52, "trend_reference": 33.349124, "distance_from_trend": -0.144805, "trend_direction": "Weakening", "fair_value": 25.728546, "distance_from_fair_value": 0.108496, "fair_value_direction": "Weakening", "relative_strength": -20.754062, "relative_strength_direction": "Weakening", "price_momentum": -0.185944, "excess_performance": -0.193344, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.144805, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.034393, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.108496, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.264777, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.207541, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.035876, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.185944, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.792784, "read": "Supply-led" } ], "volume": { "latest": 13930595, "relative_activity": 0.670203, "balance": 0.792784, "dry_up": 0.794567, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.141963, "annualized_volatility": 0.552931, "from_high_reference": -0.410402, "from_low_reference": 0.175598 }, "levels": { "trend_reference": 33.349124, "fair_value_reference": 25.728546, "structural_low": 24.26, "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": 0.073341, "positive_rate": 0.65, "directional_follow_through": 0.35, "median_excess_return": 0.031178, "regime_survival": 0.7, "best_return": 0.5092, "worst_return": -0.129333, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.19539, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": 0.128979, "regime_survival": 0.25, "best_return": 0.290237, "worst_return": -0.110558, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.054475, "positive_rate": 0.8, "directional_follow_through": 0.2, "median_excess_return": 0.154399, "regime_survival": 0.2, "best_return": 0.897436, "worst_return": -0.052572, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, 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"date": "2026-07-24", "close": 26.18, "volume": 18162460, "typical_volume": 21738030.7, "trend": 33.874983, "fair_value": 25.631011, "relative_strength": -25.051946, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -72.434765, "energy": 67.183702, "activity_lines": [ 29.826, 31.85545, 32.79547, 33.194838 ] }, { "date": "2026-07-31", "close": 26.139999, "volume": 10490540, "typical_volume": 21189212.7, "trend": 33.576518, "fair_value": 25.671332, "relative_strength": -23.764824, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.522952, "energy": 76.516662, "activity_lines": [ 27.841333, 30.609818, 32.148866, 32.695807 ] }, { "date": "2026-08-07", "close": 28.52, "volume": 13930595, "typical_volume": 20785621.85, "trend": 33.349124, "fair_value": 25.728546, "relative_strength": -20.754062, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.561275, "energy": 73.429669, "activity_lines": [ 27.47, 29.968727, 31.76538, 32.36958 ] } ], "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." } } }