{ "ticker": { "uuid": "fec6025c-3ee0-450e-8aba-a2656809f51e", "symbol": "600489", "name": "Zhongjin Gold Corp.,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": 94.559, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -11.788, "architecture_energy": 16.968, "architecture_maturity": 70.651, "architecture_confidence": 60.268, "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": 45.68, "rotation_up": 35.01, "upward_expansion": 21.56, "deceleration": 44.15, "rotation_down": 20.46, "downward_expansion": 57.89 }, "activity_lines": [ 23.005333, 21.823818, 22.476714, 23.819441 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 26.1, "trend_reference": 25.572333, "distance_from_trend": 0.020634, "trend_direction": "Weakening", "fair_value": 16.096666, "distance_from_fair_value": 0.621454, "fair_value_direction": "Weakening", "relative_strength": 12.313051, "relative_strength_direction": "Weakening", "price_momentum": -0.292683, "excess_performance": -0.249479, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.020634, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.012816, "read": "Falling" 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18.049999, "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": 14, "median_return": 0.014247, "positive_rate": 0.571429, "directional_follow_through": 0.428571, "median_excess_return": 0.011455, "regime_survival": 0.714286, "best_return": 0.214154, "worst_return": -0.080707, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.034784, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": 0.079559, "regime_survival": 0.2, "best_return": 0.351406, "worst_return": -0.036101, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.104479, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": 0.130938, "regime_survival": 0.25, "best_return": 0.509036, "worst_return": -0.108303, "sufficient": false }, 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22.608143, 24.209893 ] }, { "date": "2026-07-24", "close": 21.360001, "volume": 550245169, "typical_volume": 298636283.8, "trend": 25.495334, "fair_value": 15.915125, "relative_strength": -3.663858, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.497745, "energy": 51.264882, "activity_lines": [ 20.202667, 20.552909, 22.316905, 23.93985 ] }, { "date": "2026-07-31", "close": 23.01, "volume": 405312330, "typical_volume": 302904420.5, "trend": 25.481, "fair_value": 15.997304, "relative_strength": 2.659515, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.61611, "energy": 34.278353, "activity_lines": [ 21.246, 20.904909, 22.231191, 23.779505 ] }, { "date": "2026-08-07", "close": 26.1, "volume": 534411208, "typical_volume": 309163912.35, "trend": 25.572333, "fair_value": 16.096666, "relative_strength": 12.313051, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -11.788331, "energy": 16.968216, "activity_lines": [ 23.005333, 21.823818, 22.476714, 23.819441 ] } ], "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." } } }