{ "ticker": { "uuid": "32c1eb12-889e-49c6-943a-1e48839c9af6", "symbol": "301589", "name": "Xi'an NovaStar Tech 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": -60.613, "architecture_energy": 51.968, "architecture_maturity": 25.949, "architecture_confidence": 83.334, "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": 14.68, "rotation_up": 16.23, "upward_expansion": 7.79, "deceleration": 48.15, "rotation_down": 60.38, "downward_expansion": 78.79 }, "activity_lines": [ 138.767334, 141.434728, 150.166089, 156.081564 ], "activity_state": "Wide", "activity_direction": "Stable", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 144.440002, "trend_reference": 164.953542, "distance_from_trend": -0.12436, "trend_direction": "Weakening", "fair_value": 173.102714, "distance_from_fair_value": -0.165582, "fair_value_direction": "Weakening", "relative_strength": -15.461052, "relative_strength_direction": "Weakening", "price_momentum": -0.190952, "excess_performance": -0.198352, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.12436, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.032416, "read": "Falling" 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75.455211, "activity_lines": [ 147.94, 154.388435, 160.898514, 165.029178 ] }, { "date": "2026-07-10", "close": 148.100006, "volume": 4516036, "typical_volume": 3019962.95, "trend": 167.727395, "fair_value": 174.261521, "relative_strength": -19.551661, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.204976, "energy": 57.695098, "activity_lines": [ 147.768669, 152.179431, 159.225953, 163.751824 ] }, { "date": "2026-07-17", "close": 135.479996, "volume": 4950988, "typical_volume": 3143264.5, "trend": 166.938859, "fair_value": 173.953731, "relative_strength": -18.710423, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.722419, "energy": 71.915618, "activity_lines": [ 143.55, 148.082689, 156.499237, 161.671347 ] }, { "date": "2026-07-24", "close": 130.309998, "volume": 3922968, "typical_volume": 3133847.55, "trend": 166.188514, "fair_value": 173.610079, "relative_strength": -21.671642, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.388783, "energy": 74.495019, "activity_lines": [ 138.292, 143.797946, 153.514035, 159.308195 ] }, { "date": "2026-07-31", "close": 137.330002, "volume": 3703244, "typical_volume": 3147592.65, "trend": 165.594259, "fair_value": 173.326641, "relative_strength": -15.783968, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.421926, "energy": 63.986098, "activity_lines": [ 137.135333, 141.589091, 151.411682, 157.446355 ] }, { "date": "2026-08-07", "close": 144.440002, "volume": 3619467, "typical_volume": 3157829.4, "trend": 164.953542, "fair_value": 173.102714, "relative_strength": -15.461052, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.612856, "energy": 51.967957, "activity_lines": [ 138.767334, 141.434728, 150.166089, 156.081564 ] } ], "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." } } }