{ "ticker": { "uuid": "0f23b883-aac4-47dc-848c-e4bd565666af", "symbol": "301120", "name": "Newonder Special Electric 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": "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": "Early contraction", "architecture_gate": "down", "architecture_direction": -64.854, "architecture_energy": 65.296, "architecture_maturity": 27.228, "architecture_confidence": 79.129, "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": 12.02, "rotation_up": 12.99, "upward_expansion": 12.99, "deceleration": 42.36, "rotation_down": 71.47, "downward_expansion": 88.65 }, "activity_lines": [ 14.404, 15.290182, 17.625103, 18.915341 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 15.3, "trend_reference": 20.140729, "distance_from_trend": -0.240345, "trend_direction": "Weakening", "fair_value": 12.900611, "distance_from_fair_value": 0.18599, "fair_value_direction": "Weakening", "relative_strength": -20.505121, "relative_strength_direction": "Weakening", "price_momentum": -0.185587, "excess_performance": -0.192986, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.240345, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.036955, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.18599, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.4351, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.205051, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.212415, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.185587, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 3.000898, "read": "Demand-led" } ], "volume": { "latest": 112717774, "relative_activity": 1.571743, "balance": 3.000898, "dry_up": 0.944558, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.18946, "annualized_volatility": 0.737351, "from_high_reference": -0.487453, "from_low_reference": 0.298812 }, "levels": { "trend_reference": 20.140729, "fair_value_reference": 12.900611, "structural_low": 11.78, 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"down", "direction": -74.689835, "energy": 78.260264, "activity_lines": [ 16.686001, 18.635913, 20.015028, 20.553379 ] }, { "date": "2026-07-17", "close": 13.31, "volume": 35874764, "typical_volume": 89195082.9, "trend": 20.511214, "fair_value": 12.929414, "relative_strength": -28.008158, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.182212, "energy": 85.575771, "activity_lines": [ 15.384, 17.455345, 19.261707, 20.075033 ] }, { "date": "2026-07-24", "close": 13.66, "volume": 77121962, "typical_volume": 78534911.75, "trend": 20.358953, "fair_value": 12.91727, "relative_strength": -26.32201, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.059734, "energy": 84.687728, "activity_lines": [ 14.5, 16.46701, 18.587894, 19.63302 ] }, { "date": "2026-07-31", "close": 14.14, "volume": 45241772, "typical_volume": 71019568.95, "trend": 20.205066, "fair_value": 12.909282, "relative_strength": -22.600643, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.762731, "energy": 79.846331, "activity_lines": [ 14.168, 15.687637, 18.02497, 19.231797 ] }, { "date": "2026-08-07", "close": 15.3, "volume": 112717774, "typical_volume": 71715129.6, "trend": 20.140729, "fair_value": 12.900611, "relative_strength": -20.505121, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.854209, "energy": 65.296252, "activity_lines": [ 14.404, 15.290182, 17.625103, 18.915341 ] } ], "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." } } }