{ "ticker": { "uuid": "076b65f0-d89e-4597-8167-e0c743bd4f48", "symbol": "603137", "name": "Jiangsu Hengshang Energy Conservation Technology 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": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 72.65, "architecture_energy": 70.811, "architecture_maturity": 28.0, "architecture_confidence": 67.635, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 18.97, "rotation_up": 81.68, "upward_expansion": 88.41, "deceleration": 52.69, "rotation_down": 8.21, "downward_expansion": 12.74 }, "activity_lines": [ 26.765333, 23.397818, 19.257952, 17.610086 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 27.5, "trend_reference": 15.969333, "distance_from_trend": 0.722051, "trend_direction": "Improving", "fair_value": 13.079853, "distance_from_fair_value": 1.10247, "fair_value_direction": "Improving", "relative_strength": 79.688833, "relative_strength_direction": "Improving", "price_momentum": 0.909722, "excess_performance": 0.952926, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.722051, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.137309, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 1.10247, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.985561, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.796888, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.889868, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.909722, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.931731, "read": "Supply-led" } ], "volume": { "latest": 152301908, "relative_activity": 3.757909, "balance": 0.931731, "dry_up": 3.695469, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.138601, "annualized_volatility": 0.790141, "from_high_reference": -0.227745, "from_low_reference": 1.410167 }, "levels": { "trend_reference": 15.969333, "fair_value_reference": 13.079853, "structural_low": 11.41, 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"activity_lines": [ 22.782, 18.575273, 16.173524, 15.440731 ] }, { "date": "2026-07-24", "close": 26.51, "volume": 179556201, "typical_volume": 25805706.85, "trend": 15.143667, "fair_value": 12.922145, "relative_strength": 83.688741, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.169056, "energy": 92.090461, "activity_lines": [ 25.038667, 20.436909, 17.274143, 16.200688 ] }, { "date": "2026-07-31", "close": 25.0, "volume": 166787297, "typical_volume": 33424830.25, "trend": 15.510667, "fair_value": 12.993612, "relative_strength": 70.305829, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.916318, "energy": 88.037743, "activity_lines": [ 25.887333, 21.793818, 18.172809, 16.836581 ] }, { "date": "2026-08-07", "close": 27.5, "volume": 152301908, "typical_volume": 40528370.15, "trend": 15.969333, "fair_value": 13.079853, "relative_strength": 79.688833, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.650047, "energy": 70.811357, "activity_lines": [ 26.765333, 23.397818, 19.257952, 17.610086 ] } ], "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." } } }