{ "ticker": { "uuid": "031477ef-e35e-4cba-a019-8d3a9eb7ba34", "symbol": "688212", "name": "Shanghai Aohua Photoelectricity Endoscope 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": 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": "Established contraction", "architecture_gate": "down", "architecture_direction": -63.112, "architecture_energy": 60.868, "architecture_maturity": 94.351, "architecture_confidence": 96, "architecture_tenure": "Extended", "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": 11.56, "rotation_up": 26.07, "upward_expansion": 11.19, "deceleration": 52.77, "rotation_down": 53.18, "downward_expansion": 82.19 }, "activity_lines": [ 26.936, 27.430909, 29.554571, 31.869785 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 27.48, "trend_reference": 35.498, "distance_from_trend": -0.225872, "trend_direction": "Weakening", "fair_value": 47.093131, "distance_from_fair_value": -0.416475, "fair_value_direction": "Weakening", "relative_strength": -32.625316, "relative_strength_direction": "Weakening", "price_momentum": -0.406095, "excess_performance": -0.362891, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.225872, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.1513, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.416475, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.158516, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.326253, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.06279, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.406095, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.308421, "read": "Supply-led" } ], "volume": { "latest": 11133405, "relative_activity": 1.25259, "balance": 0.308421, "dry_up": 1.446561, "accumulation_observations": 2, "distribution_observations": 5 }, "risk": { "range_context": 0.087504, "annualized_volatility": 0.328132, "from_high_reference": -0.511467, "from_low_reference": 0.104058 }, "levels": { "trend_reference": 35.498, "fair_value_reference": 47.093131, "structural_low": 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"stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.709736, "energy": 64.556372, "activity_lines": [ 27.880666, 28.658909, 31.295809, 33.796451 ] }, { "date": "2026-07-24", "close": 25.370001, "volume": 13805742, "typical_volume": 8421194.3, "trend": 36.605666, "fair_value": 47.528208, "relative_strength": -37.422605, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.0432, "energy": 68.543283, "activity_lines": [ 26.988667, 27.840727, 30.522667, 33.02557 ] }, { "date": "2026-07-31", "close": 27.25, "volume": 11810029, "typical_volume": 8605803.25, "trend": 36.039, "fair_value": 47.301153, "relative_strength": -32.205382, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.997738, "energy": 63.703152, "activity_lines": [ 26.887333, 27.553636, 29.998286, 32.421978 ] }, { "date": "2026-08-07", "close": 27.48, "volume": 11133405, "typical_volume": 8888306.15, "trend": 35.498, "fair_value": 47.093131, "relative_strength": -32.625316, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.11204, "energy": 60.867721, "activity_lines": [ 26.936, 27.430909, 29.554571, 31.869785 ] } ], "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." } } }