{ "ticker": { "uuid": "20de3f9a-c298-4588-8196-9b3791114583", "symbol": "605162", "name": "Zhejiang Xinzhonggang Thermal 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": -46.015, "architecture_energy": 33.306, "architecture_maturity": 38.689, "architecture_confidence": 63.321, "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": 31.74, "rotation_up": 23.78, "upward_expansion": 15.82, "deceleration": 63.78, "rotation_down": 41.93, "downward_expansion": 65.82 }, "activity_lines": [ 8.23, 8.188122, 9.137232, 9.617531 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 8.48, "trend_reference": 9.911677, "distance_from_trend": -0.144443, "trend_direction": "Weakening", "fair_value": 8.151233, "distance_from_fair_value": 0.040333, "fair_value_direction": "Weakening", "relative_strength": -10.003489, "relative_strength_direction": "Weakening", "price_momentum": -0.079262, "excess_performance": -0.036058, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.144443, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.014116, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.040333, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.372671, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.100035, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.241193, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.079262, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.429376, "read": "Supply-led" } ], "volume": { "latest": 89715717, "relative_activity": 0.875716, "balance": 0.429376, "dry_up": 1.161775, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.17279, "annualized_volatility": 0.74467, "from_high_reference": -0.452196, "from_low_reference": 0.273273 }, "levels": { "trend_reference": 9.911677, "fair_value_reference": 8.151233, "structural_low": 6.66, 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contraction", "gate": "down", "direction": -63.441055, "energy": 69.147217, "activity_lines": [ 7.878, 8.317635, 9.485521, 9.813618 ] }, { "date": "2026-07-31", "close": 8.32, "volume": 214365372, "typical_volume": 103469408.95, "trend": 9.913677, "fair_value": 8.157539, "relative_strength": -9.459237, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.640021, "energy": 49.976252, "activity_lines": [ 8.047333, 8.218565, 9.300472, 9.710026 ] }, { "date": "2026-08-07", "close": 8.48, "volume": 89715717, "typical_volume": 102448388.0, "trend": 9.911677, "fair_value": 8.151233, "relative_strength": -10.003489, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.015298, "energy": 33.305662, "activity_lines": [ 8.23, 8.188122, 9.137232, 9.617531 ] } ], "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." } } }