{ "ticker": { "uuid": "1d7e3797-f208-4ed2-ac74-1249f5d7eac2", "symbol": "600505", "name": "Sichuan Xichang Electric Power 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": "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": -57.112, "architecture_energy": 42.227, "architecture_maturity": 46.834, "architecture_confidence": 83.818, "architecture_tenure": "Developing", "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": 22.52, "rotation_up": 21.79, "upward_expansion": 6.05, "deceleration": 60.14, "rotation_down": 49.64, "downward_expansion": 77.05 }, "activity_lines": [ 11.083, 11.273898, 12.01486, 12.54481 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 11.31, "trend_reference": 13.147254, "distance_from_trend": -0.139744, "trend_direction": "Weakening", "fair_value": 11.142342, "distance_from_fair_value": 0.015047, "fair_value_direction": "Weakening", "relative_strength": -14.345184, "relative_strength_direction": "Weakening", "price_momentum": -0.197872, "excess_performance": -0.154669, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.139744, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.035842, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.015047, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.249644, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.143452, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.034231, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.197872, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.750447, "read": "Supply-led" } ], "volume": { "latest": 55927586, "relative_activity": 0.937803, "balance": 0.750447, "dry_up": 1.187402, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.116518, "annualized_volatility": 0.546545, "from_high_reference": -0.289126, "from_low_reference": 0.132574 }, "levels": { "trend_reference": 13.147254, "fair_value_reference": 11.142342, "structural_low": 9.986099, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 16, "median_return": 0.03412, "positive_rate": 0.8125, "directional_follow_through": 0.1875, "median_excess_return": 0.029823, "regime_survival": 0.625, "best_return": 0.373646, "worst_return": -0.069212, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.071273, "positive_rate": 0.833333, "directional_follow_through": 0.166667, "median_excess_return": 0.076206, "regime_survival": 0.0, "best_return": 1.148014, "worst_return": -0.012903, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.049354, "positive_rate": 0.8, "directional_follow_through": 0.2, "median_excess_return": 0.045152, "regime_survival": 0.0, "best_return": 0.218279, "worst_return": -0.028044, "sufficient": true }, { "horizon": "Full cycle", 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11.103688, "relative_strength": -10.186365, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.118869, "energy": 78.491912, "activity_lines": [ 11.131944, 11.910496, 12.564112, 12.988709 ] }, { "date": "2026-07-24", "close": 10.51, "volume": 118281861, "typical_volume": 63590527.05, "trend": 13.271587, "fair_value": 11.111654, "relative_strength": -18.901128, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.76326, "energy": 78.347189, "activity_lines": [ 10.870438, 11.570175, 12.314742, 12.805295 ] }, { "date": "2026-07-31", "close": 11.13, "volume": 49595688, "typical_volume": 60833776.3, "trend": 13.205921, "fair_value": 11.125206, "relative_strength": -13.927644, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.699668, "energy": 53.586144, "activity_lines": [ 10.957581, 11.394037, 12.147468, 12.667128 ] }, { "date": "2026-08-07", "close": 11.31, "volume": 55927586, "typical_volume": 59636828.65, "trend": 13.147254, "fair_value": 11.142342, "relative_strength": -14.345184, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.111889, "energy": 42.226621, "activity_lines": [ 11.083, 11.273898, 12.01486, 12.54481 ] } ], "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." } } }