{ "ticker": { "uuid": "3a531a9c-744f-47c6-a0ac-1dfd3795f73c", "symbol": "000521", "name": "Changhong Meiling 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": "Established contraction", "architecture_gate": "down", "architecture_direction": -62.535, "architecture_energy": 67.992, "architecture_maturity": 90.136, "architecture_confidence": 88.511, "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": 19.59, "rotation_up": 13.9, "upward_expansion": 16.99, "deceleration": 35.53, "rotation_down": 69.66, "downward_expansion": 87.99 }, "activity_lines": [ 4.952667, 5.132205, 5.278277, 5.475787 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 4.91, "trend_reference": 5.788042, "distance_from_trend": -0.151699, "trend_direction": "Weakening", "fair_value": 7.055383, "distance_from_fair_value": -0.304077, "fair_value_direction": "Weakening", "relative_strength": -25.537803, "relative_strength_direction": "Improving", "price_momentum": -0.261654, "excess_performance": -0.269054, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.151699, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.077771, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.304077, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.085368, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.255378, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.08537, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.261654, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.351647, "read": "Supply-led" } ], "volume": { "latest": 39857273, "relative_activity": 0.833445, "balance": 0.351647, "dry_up": 1.203419, "accumulation_observations": 0, "distribution_observations": 4 }, "risk": { "range_context": 0.087042, "annualized_volatility": 0.357469, "from_high_reference": -0.399756, "from_low_reference": 0.033684 }, "levels": { "trend_reference": 5.788042, "fair_value_reference": 7.055383, "structural_low": 4.75, "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": 24, "median_return": -0.018833, "positive_rate": 0.416667, "directional_follow_through": 0.583333, "median_excess_return": -0.022789, "regime_survival": 0.833333, "best_return": 0.292913, "worst_return": -0.090047, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": -0.004281, "positive_rate": 0.375, "directional_follow_through": 0.625, "median_excess_return": 0.008509, "regime_survival": 0.5, "best_return": 0.375546, "worst_return": -0.187029, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.004522, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.009214, "regime_survival": 0.25, "best_return": 0.643478, "worst_return": -0.221098, "sufficient": false }, { "horizon": "Full cycle", 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"energy": 27.841268, "activity_lines": [ 5.480292, 5.456539, 5.532825, 5.735174 ] }, { "date": "2026-07-17", "close": 5.03, "volume": 89001950, "typical_volume": 50234037.2, "trend": 5.956042, "fair_value": 7.086437, "relative_strength": -23.429404, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.77361, "energy": 40.620122, "activity_lines": [ 5.334817, 5.380636, 5.468819, 5.672139 ] }, { "date": "2026-07-24", "close": 4.76, "volume": 56663228, "typical_volume": 48576609.4, "trend": 5.894708, "fair_value": 7.0732, "relative_strength": -26.945762, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.493063, "energy": 46.717853, "activity_lines": [ 5.140667, 5.266039, 5.386527, 5.594975 ] }, { "date": "2026-07-31", "close": 4.98, "volume": 44678718, "typical_volume": 47935617.6, "trend": 5.842708, "fair_value": 7.065524, "relative_strength": -21.457023, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.977201, "energy": 53.661058, "activity_lines": [ 5.058, 5.202895, 5.332379, 5.535961 ] }, { "date": "2026-08-07", "close": 4.91, "volume": 39857273, "typical_volume": 47822303.25, "trend": 5.788042, "fair_value": 7.055383, "relative_strength": -25.537803, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.534772, "energy": 67.991966, "activity_lines": [ 4.952667, 5.132205, 5.278277, 5.475787 ] } ], "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." } } }