{ "ticker": { "uuid": "03794f8d-e132-4659-9690-7c62b650187f", "symbol": "300890", "name": "Shanghai XFH 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": "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": -67.687, "architecture_energy": 87.128, "architecture_maturity": 16.297, "architecture_confidence": 86.996, "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": 14.28, "rotation_up": 8.21, "upward_expansion": 21.9, "deceleration": 37.01, "rotation_down": 80.26, "downward_expansion": 97.57 }, "activity_lines": [ 25.404667, 27.5941, 31.001779, 31.75514 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 26.450001, "trend_reference": 32.205755, "distance_from_trend": -0.178718, "trend_direction": "Weakening", "fair_value": 30.838232, "distance_from_fair_value": -0.142298, "fair_value_direction": "Weakening", "relative_strength": -20.754127, "relative_strength_direction": "Weakening", "price_momentum": -0.114792, "excess_performance": -0.122192, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.178718, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.029993, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.142298, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.466088, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.207541, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.274429, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.114792, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.34537, "read": "Supply-led" } ], "volume": { "latest": 22361287, "relative_activity": 0.565675, "balance": 0.34537, "dry_up": 0.636675, "accumulation_observations": 0, "distribution_observations": 2 }, "risk": { "range_context": 0.109684, "annualized_volatility": 0.586508, "from_high_reference": -0.407544, "from_low_reference": 0.205011 }, "levels": { "trend_reference": 32.205755, "fair_value_reference": 30.838232, "structural_low": 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33.310198, 33.169759 ] }, { "date": "2026-07-24", "close": 23.950001, "volume": 29554632, "typical_volume": 41365222.45, "trend": 32.488088, "fair_value": 31.013362, "relative_strength": -26.587923, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -58.110194, "energy": 80.83034, "activity_lines": [ 26.567333, 29.44485, 32.389376, 32.607108 ] }, { "date": "2026-07-31", "close": 25.15, "volume": 23184389, "typical_volume": 40518766.2, "trend": 32.317422, "fair_value": 30.916109, "relative_strength": -21.198204, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -72.274758, "energy": 89.070237, "activity_lines": [ 25.528, 28.289779, 31.61522, 32.133683 ] }, { "date": "2026-08-07", "close": 26.450001, "volume": 22361287, "typical_volume": 39530277.65, "trend": 32.205755, "fair_value": 30.838232, "relative_strength": -20.754127, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.686511, "energy": 87.127947, "activity_lines": [ 25.404667, 27.5941, 31.001779, 31.75514 ] } ], "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." } } }