{ "ticker": { "uuid": "380c8b66-c30e-47e9-9a7d-5c5a9ae777d0", "symbol": "600187", "name": "Heilongjiang Interchina Water Treatment 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": "Established contraction", "architecture_gate": "down", "architecture_direction": -58.823, "architecture_energy": 36.489, "architecture_maturity": 100.0, "architecture_confidence": 96, "architecture_tenure": "Extended", "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": 33.23, "rotation_up": 28.01, "upward_expansion": 13.93, "deceleration": 40.54, "rotation_down": 40.25, "downward_expansion": 66.93 }, "activity_lines": [ 1.426, 1.433636, 1.47481, 1.590753 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 1.38, "trend_reference": 1.796667, "distance_from_trend": -0.231911, "trend_direction": "Weakening", "fair_value": 2.691282, "distance_from_fair_value": -0.487233, "fair_value_direction": "Weakening", "relative_strength": -37.828782, "relative_strength_direction": "Improving", "price_momentum": -0.417722, "excess_performance": -0.374518, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.231911, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.184199, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.487233, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.051261, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.378288, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.086779, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.417722, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.504001, "read": "Supply-led" } ], "volume": { "latest": 164243803, "relative_activity": 0.970904, "balance": 0.504001, "dry_up": 1.085137, "accumulation_observations": 2, "distribution_observations": 5 }, "risk": { "range_context": 0.132107, "annualized_volatility": 0.580654, "from_high_reference": -0.56051, "from_low_reference": 0.169492 }, "levels": { "trend_reference": 1.796667, "fair_value_reference": 2.691282, "structural_low": 1.18, "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": 27, "median_return": -0.030075, "positive_rate": 0.37037, "directional_follow_through": 0.555556, "median_excess_return": -0.05334, "regime_survival": 0.851852, "best_return": 0.879433, "worst_return": -0.277174, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.086142, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.130256, "regime_survival": 0.666667, "best_return": 0.981707, "worst_return": -0.403587, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.03179, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.101892, "regime_survival": 0.5, "best_return": 1.542683, "worst_return": -0.5, "sufficient": true }, { "horizon": "Full 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[ 1.477333, 1.458, 1.536762, 1.68314 ] }, { "date": "2026-07-24", "close": 1.39, "volume": 206406900, "typical_volume": 169972127.05, "trend": 1.872667, "fair_value": 2.710128, "relative_strength": -37.467574, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.071038, "energy": 31.657028, "activity_lines": [ 1.462667, 1.448545, 1.51219, 1.649226 ] }, { "date": "2026-07-31", "close": 1.42, "volume": 134499421, "typical_volume": 170329577.9, "trend": 1.833667, "fair_value": 2.700769, "relative_strength": -35.345451, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.51152, "energy": 29.492, "activity_lines": [ 1.455333, 1.445273, 1.493905, 1.620022 ] }, { "date": "2026-08-07", "close": 1.38, "volume": 164243803, "typical_volume": 169165787.65, "trend": 1.796667, "fair_value": 2.691282, "relative_strength": -37.828782, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.823022, "energy": 36.488941, "activity_lines": [ 1.426, 1.433636, 1.47481, 1.590753 ] } ], "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." } } }