{ "ticker": { "uuid": "30d6a758-9391-41d5-b537-7477601d673a", "symbol": "600426", "name": "Shandong Hualu-Hengsheng Chemical 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": "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": -42.987, "architecture_energy": 31.044, "architecture_maturity": 76.771, "architecture_confidence": 86.194, "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": 31.67, "rotation_up": 27.64, "upward_expansion": 17.92, "deceleration": 46.73, "rotation_down": 30.91, "downward_expansion": 65.59 }, "activity_lines": [ 20.743334, 20.1885, 21.659605, 23.247801 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 21.110001, "trend_reference": 24.985162, "distance_from_trend": -0.155098, "trend_direction": "Weakening", "fair_value": 19.928292, "distance_from_fair_value": 0.059298, "fair_value_direction": "Weakening", "relative_strength": -7.539138, "relative_strength_direction": "Weakening", "price_momentum": -0.258452, "excess_performance": -0.215248, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.155098, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.020699, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.059298, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.287798, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.075391, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.213877, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.258452, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.485247, "read": "Supply-led" } ], "volume": { "latest": 212742680, "relative_activity": 1.004565, "balance": 0.485247, "dry_up": 1.191845, "accumulation_observations": 4, "distribution_observations": 7 }, "risk": { "range_context": 0.106476, "annualized_volatility": 0.435451, "from_high_reference": -0.369263, "from_low_reference": 0.205419 }, "levels": { "trend_reference": 24.985162, "fair_value_reference": 19.928292, "structural_low": 17.645122, "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": 18, "median_return": 0.048874, "positive_rate": 0.555556, "directional_follow_through": 0.444444, "median_excess_return": 0.021459, "regime_survival": 0.666667, "best_return": 0.175482, "worst_return": -0.104297, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.040656, "positive_rate": 0.571429, "directional_follow_through": 0.428571, "median_excess_return": 0.033836, "regime_survival": 0.142857, "best_return": 0.058766, "worst_return": -0.035808, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.016374, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.054031, "regime_survival": 0.5, "best_return": 0.248868, "worst_return": -0.111982, 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"activity_lines": [ 20.313478, 20.027561, 21.905324, 23.503711 ] }, { "date": "2026-08-07", "close": 21.110001, "volume": 212742680, "typical_volume": 211775869.7, "trend": 24.985162, "fair_value": 19.928292, "relative_strength": -7.539138, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.987411, "energy": 31.044387, "activity_lines": [ 20.743334, 20.1885, 21.659605, 23.247801 ] } ], "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." } } }