{ "ticker": { "uuid": "38245bd3-dc2c-44e0-93cc-5855fa26ca24", "symbol": "600900", "name": "China Yangtze 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": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 58.747, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 59.63, "architecture_energy": 68.492, "architecture_maturity": 6.344, "architecture_confidence": 77.533, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 25.7, "rotation_up": 72.3, "upward_expansion": 88.2, "deceleration": 45.11, "rotation_down": 11.19, "downward_expansion": 17.2 }, "activity_lines": [ 28.335725, 27.733272, 27.391987, 27.211594 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 27.75, "trend_reference": 26.960148, "distance_from_trend": 0.029297, "trend_direction": "Weakening", "fair_value": 26.088154, "distance_from_fair_value": 0.063701, "fair_value_direction": "Improving", "relative_strength": 2.340455, "relative_strength_direction": "Improving", "price_momentum": 0.061147, "excess_performance": 0.104351, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.029297, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.004289, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.063701, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.004322, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.023405, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.136824, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.061147, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.0867, "read": "Demand-led" } ], "volume": { "latest": 625242261, "relative_activity": 1.333509, "balance": 2.0867, "dry_up": 1.681374, "accumulation_observations": 6, "distribution_observations": 3 }, "risk": { "range_context": 0.038491, "annualized_volatility": 0.170318, "from_high_reference": -0.061549, "from_low_reference": 0.102121 }, "levels": { "trend_reference": 26.960148, "fair_value_reference": 26.088154, "structural_low": 25.418467, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 30, "median_return": 0.004957, "positive_rate": 0.533333, "directional_follow_through": 0.533333, "median_excess_return": 0.016698, "regime_survival": 0.766667, "best_return": 0.108404, "worst_return": -0.080941, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 12, "median_return": 0.025066, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.03178, "regime_survival": 0.666667, "best_return": 0.133741, "worst_return": -0.156616, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.043736, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.041856, "regime_survival": 0.333333, "best_return": 0.173281, "worst_return": -0.083599, "sufficient": true }, { 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"activity_lines": [ 26.562217, 26.771944, 26.85002, 26.808354 ] }, { "date": "2026-07-17", "close": 27.99, "volume": 868384698, "typical_volume": 447113296.15, "trend": 26.836291, "fair_value": 25.924672, "relative_strength": 7.506234, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 59.833643, "energy": 23.147791, "activity_lines": [ 27.035769, 26.973821, 26.956512, 26.883157 ] }, { "date": "2026-07-24", "close": 28.9, "volume": 862886139, "typical_volume": 450616864.15, "trend": 26.878653, "fair_value": 25.982997, "relative_strength": 9.759669, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 74.471199, "energy": 63.904675, "activity_lines": [ 27.779246, 27.323153, 27.140384, 27.0163 ] }, { "date": "2026-07-31", "close": 29.09, "volume": 796869104, "typical_volume": 459524974.45, "trend": 26.934293, "fair_value": 26.039828, "relative_strength": 10.066576, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.100126, "energy": 77.280372, "activity_lines": [ 28.387003, 27.673031, 27.333971, 27.158968 ] }, { "date": "2026-08-07", "close": 27.75, "volume": 625242261, "typical_volume": 468869939.3, "trend": 26.960148, "fair_value": 26.088154, "relative_strength": 2.340455, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.63038, "energy": 68.49201, "activity_lines": [ 28.335725, 27.733272, 27.391987, 27.211594 ] } ], "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." } } }