{ "ticker": { "uuid": "2ca7ab54-f475-4447-816a-29c662c88789", "symbol": "688386", "name": "Pan Asian Microvent Tech (Jiangsu) Corporation", "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": -67.949, "architecture_energy": 82.872, "architecture_maturity": 26.0, "architecture_confidence": 81.6, "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": 16.49, "rotation_up": 10.74, "upward_expansion": 21.85, "deceleration": 34.17, "rotation_down": 80.16, "downward_expansion": 95.18 }, "activity_lines": [ 56.044668, 67.438547, 74.826819, 78.135489 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 54.700001, "trend_reference": 83.071268, "distance_from_trend": -0.341529, "trend_direction": "Weakening", "fair_value": 45.87451, "distance_from_fair_value": 0.192383, "fair_value_direction": "Weakening", "relative_strength": -30.536564, "relative_strength_direction": "Weakening", "price_momentum": -0.418085, "excess_performance": -0.374881, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.341529, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.003622, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.192383, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.89873, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.305366, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.42921, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.418085, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.753049, "read": "Supply-led" } ], "volume": { "latest": 11411708, "relative_activity": 1.113142, "balance": 0.753049, "dry_up": 1.544363, "accumulation_observations": 4, "distribution_observations": 5 }, "risk": { "range_context": 0.230953, "annualized_volatility": 0.749105, "from_high_reference": -0.469858, "from_low_reference": 0.177864 }, "levels": { "trend_reference": 83.071268, "fair_value_reference": 45.87451, 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"2026-07-24", "close": 49.310001, "volume": 20168227, "typical_volume": 9634978.65, "trend": 85.281935, "fair_value": 45.586039, "relative_strength": -35.605592, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.566409, "energy": 74.262486, "activity_lines": [ 69.016001, 76.843616, 80.079086, 82.275481 ] }, { "date": "2026-07-31", "close": 50.580002, "volume": 17210202, "typical_volume": 10116264.05, "trend": 84.167935, "fair_value": 45.717868, "relative_strength": -34.12377, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.903351, "energy": 84.074494, "activity_lines": [ 60.380668, 71.383549, 77.171, 80.036646 ] }, { "date": "2026-08-07", "close": 54.700001, "volume": 11411708, "typical_volume": 10251796.7, "trend": 83.071268, "fair_value": 45.87451, "relative_strength": -30.536564, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.948841, "energy": 82.872257, "activity_lines": [ 56.044668, 67.438547, 74.826819, 78.135489 ] } ], "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." } } }