{ "ticker": { "uuid": "f5a3e620-b48a-452b-b04f-a63423afeb86", "symbol": "603285", "name": "Shandong Jianbang New Material Co., Ltd.", "exchange": "SHH", "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": "000001.SS", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 96.0, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -25.428, "architecture_energy": 50.983, "architecture_maturity": 7.765, "architecture_confidence": 63.963, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 33.17, "rotation_up": 14.12, "upward_expansion": 23.87, "deceleration": 52.42, "rotation_down": 68.89, "downward_expansion": 51.2 }, "activity_lines": [ 33.112068, 37.662785, 41.110843, 40.303572 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 35.689999, "trend_reference": 38.461646, "distance_from_trend": -0.072063, "trend_direction": "Improving", "fair_value": 27.459897, "distance_from_fair_value": 0.299714, "fair_value_direction": "Weakening", "relative_strength": 9.002673, "relative_strength_direction": "Weakening", "price_momentum": 0.068563, "excess_performance": 0.111767, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.072063, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.15846, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.299714, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.52299, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.090027, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.416612, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.068563, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.063704, "read": "Demand-led" } ], "volume": { "latest": 28145543, "relative_activity": 1.391249, "balance": 1.063704, "dry_up": 1.275151, "accumulation_observations": 5, "distribution_observations": 4 }, "risk": { "range_context": 0.20937, "annualized_volatility": 0.787296, "from_high_reference": -0.356589, "from_low_reference": 0.525214 }, "levels": { "trend_reference": 38.461646, "fair_value_reference": 27.459897, "structural_low": 26.15, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Extended", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 0, "median_return": null, "positive_rate": 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"deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.330391, "energy": 13.187453, "activity_lines": [ 41.179628, 44.146933, 43.62431, 41.386363 ] }, { "date": "2026-07-24", "close": 32.73, "volume": 28251759, "typical_volume": 19049164.85, "trend": 37.953646, "fair_value": 27.372253, "relative_strength": 3.976356, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -29.653324, "energy": 34.200112, "activity_lines": [ 37.225585, 41.701308, 42.799313, 41.066644 ] }, { "date": "2026-07-31", "close": 28.52, "volume": 23708741, "typical_volume": 19302783.25, "trend": 38.083979, "fair_value": 27.38298, "relative_strength": -9.938539, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -38.937263, "energy": 48.525089, "activity_lines": [ 33.291442, 38.804228, 41.597316, 40.458022 ] }, { "date": "2026-08-07", "close": 35.689999, "volume": 28145543, "typical_volume": 20230409.1, "trend": 38.461646, "fair_value": 27.459897, "relative_strength": 9.002673, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.428096, "energy": 50.982962, "activity_lines": [ 33.112068, 37.662785, 41.110843, 40.303572 ] } ], "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." } } }