{ "ticker": { "uuid": "0b8e23a9-1580-4018-9bb2-f88eadb6cc3c", "symbol": "601136", "name": "Capital Securities Corporation Limited", "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": -46.032, "architecture_energy": 35.763, "architecture_maturity": 100.0, "architecture_confidence": 91.234, "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": 24.11, "rotation_up": 27.0, "upward_expansion": 16.94, "deceleration": 46.85, "rotation_down": 39.18, "downward_expansion": 66.94 }, "activity_lines": [ 14.334092, 14.235948, 14.613604, 15.200057 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 14.61, "trend_reference": 16.107399, "distance_from_trend": -0.092963, "trend_direction": "Weakening", "fair_value": 19.657778, "distance_from_fair_value": -0.256783, "fair_value_direction": "Weakening", "relative_strength": -18.671995, "relative_strength_direction": "Improving", "price_momentum": -0.182886, "excess_performance": -0.139682, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.092963, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.105278, "read": "Falling" 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"typical_volume": 39313295.4, "trend": 16.740848, "fair_value": 19.647854, "relative_strength": -25.094065, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.455041, "energy": 62.515443, "activity_lines": [ 14.170028, 14.327448, 15.08361, 15.777751 ] }, { "date": "2026-07-17", "close": 13.874125, "volume": 60389860, "typical_volume": 40041235.55, "trend": 16.557399, "fair_value": 19.648248, "relative_strength": -21.014005, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.935947, "energy": 59.512987, "activity_lines": [ 14.085547, 14.176601, 14.903013, 15.592801 ] }, { "date": "2026-07-24", "close": 13.87, "volume": 60247855, "typical_volume": 40500672.15, "trend": 16.393399, "fair_value": 19.650865, "relative_strength": -21.45228, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.663574, "energy": 55.082606, "activity_lines": [ 14.013416, 14.075292, 14.743099, 15.41942 ] }, { "date": "2026-07-31", "close": 14.63, "volume": 57420599, "typical_volume": 41599622.6, "trend": 16.246732, "fair_value": 19.657228, "relative_strength": -16.908734, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.152613, "energy": 44.727072, "activity_lines": [ 14.201952, 14.152529, 14.672613, 15.305653 ] }, { "date": "2026-08-07", "close": 14.61, "volume": 64926845, "typical_volume": 43295902.0, "trend": 16.107399, "fair_value": 19.657778, "relative_strength": -18.671995, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.031968, "energy": 35.762701, "activity_lines": [ 14.334092, 14.235948, 14.613604, 15.200057 ] } ], "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." } } }