{ "ticker": { "uuid": "f898c7e7-77c3-40b5-85c1-fb774803e995", "symbol": "300920", "name": "Zhejiang Runyang New Material 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": "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": -59.303, "architecture_energy": 65.062, "architecture_maturity": 13.872, "architecture_confidence": 83.527, "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": 25.0, "rotation_up": 9.53, "upward_expansion": 14.06, "deceleration": 37.63, "rotation_down": 69.71, "downward_expansion": 87.39 }, "activity_lines": [ 29.868, 32.00974, 33.261674, 34.418419 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 32.0, "trend_reference": 36.504711, "distance_from_trend": -0.123401, "trend_direction": "Weakening", "fair_value": 27.334247, "distance_from_fair_value": 0.170693, "fair_value_direction": "Weakening", "relative_strength": -24.067789, "relative_strength_direction": "Improving", "price_momentum": -0.228916, "excess_performance": -0.236315, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.123401, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.057307, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.170693, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.081101, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.240678, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.154183, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.228916, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.04144, "read": "Demand-led" } ], "volume": { "latest": 8149048, "relative_activity": 0.870047, "balance": 1.04144, "dry_up": 1.217783, "accumulation_observations": 3, "distribution_observations": 4 }, "risk": { "range_context": 0.149441, "annualized_volatility": 0.630253, "from_high_reference": -0.50241, "from_low_reference": 0.264322 }, "levels": { "trend_reference": 36.504711, "fair_value_reference": 27.334247, "structural_low": 25.309999, "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": 0.032319, "positive_rate": 0.7, "directional_follow_through": 0.3, "median_excess_return": 0.015636, "regime_survival": 0.65, "best_return": 0.188903, "worst_return": -0.143159, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.050261, "positive_rate": 0.625, "directional_follow_through": 0.375, "median_excess_return": -0.011927, "regime_survival": 0.25, "best_return": 0.211307, "worst_return": -0.174209, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.030321, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": 0.034537, "regime_survival": 0.6, "best_return": 0.305575, "worst_return": -0.210706, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 2, 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"balance", "modifier": "Balance after decline", "gate": "down", "direction": -75.683595, "energy": 67.156355, "activity_lines": [ 31.532667, 33.868177, 34.187782, 35.419694 ] }, { "date": "2026-07-31", "close": 26.99, "volume": 8009950, "typical_volume": 9422106.9, "trend": 36.973711, "fair_value": 27.240332, "relative_strength": -33.654274, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.318123, "energy": 75.042456, "activity_lines": [ 29.592667, 32.419792, 33.454966, 34.739304 ] }, { "date": "2026-08-07", "close": 32.0, "volume": 8149048, "typical_volume": 9366218.2, "trend": 36.504711, "fair_value": 27.334247, "relative_strength": -24.067789, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.303335, "energy": 65.061742, "activity_lines": [ 29.868, 32.00974, 33.261674, 34.418419 ] } ], "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." } } }