{ "ticker": { "uuid": "3ab60fd6-61d6-4c11-abca-9ada638dcdc3", "symbol": "603690", "name": "PNC Process Systems 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": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "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": -44.152, "architecture_energy": 40.634, "architecture_maturity": 31.387, "architecture_confidence": 58.299, "architecture_tenure": "New", "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": 33.55, "rotation_up": 11.57, "upward_expansion": 14.32, "deceleration": 60.2, "rotation_down": 67.64, "downward_expansion": 68.65 }, "activity_lines": [ 23.664667, 26.453455, 26.978667, 26.97585 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.166667 }, "latest_close": 23.790001, "trend_reference": 27.569, "distance_from_trend": -0.137074, "trend_direction": "Weakening", "fair_value": 26.091132, "distance_from_fair_value": -0.088196, "fair_value_direction": "Weakening", "relative_strength": -15.565203, "relative_strength_direction": "Improving", "price_momentum": -0.155485, "excess_performance": -0.112281, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.137074, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.025279, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.088196, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.050517, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.155652, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.000674, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.155485, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.21305, "read": "Demand-led" } ], "volume": { "latest": 245592337, "relative_activity": 2.138327, "balance": 1.21305, "dry_up": 2.051616, "accumulation_observations": 5, "distribution_observations": 4 }, "risk": { "range_context": 0.208006, "annualized_volatility": 0.701546, "from_high_reference": -0.411576, "from_low_reference": 0.222508 }, "levels": { "trend_reference": 27.569, "fair_value_reference": 26.091132, 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43.830718, "energy": 52.90566, "activity_lines": [ 30.118001, 28.722546, 27.430477, 27.702667 ] }, { "date": "2026-07-03", "close": 32.68, "volume": 47384325, "typical_volume": 70112627.2, "trend": 28.365333, "fair_value": 26.324681, "relative_strength": 12.151228, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.728647, "energy": 57.340718, "activity_lines": [ 31.514667, 29.62491, 27.973, 27.989377 ] }, { "date": "2026-07-10", "close": 33.32, "volume": 202437738, "typical_volume": 77907626.75, "trend": 28.518333, "fair_value": 26.323569, "relative_strength": 15.285208, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.228893, "energy": 64.310955, "activity_lines": [ 32.607334, 30.520546, 28.550857, 28.309032 ] }, { "date": "2026-07-17", "close": 24.02, "volume": 188279199, "typical_volume": 84528262.0, "trend": 28.334, "fair_value": 26.256823, "relative_strength": -11.61983, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 6.364316, "energy": 27.291673, "activity_lines": [ 30.114667, 29.571637, 28.217524, 28.018817 ] }, { "date": "2026-07-24", "close": 22.620001, "volume": 169568796, "typical_volume": 90174103.9, "trend": 28.117667, "fair_value": 26.193139, "relative_strength": -17.6048, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.891122, "energy": 13.843953, "activity_lines": [ 27.332667, 28.395637, 27.775286, 27.650172 ] }, { "date": "2026-07-31", "close": 21.700001, "volume": 339092889, "typical_volume": 104907411.0, "trend": 27.824334, "fair_value": 26.130527, "relative_strength": -21.026109, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -53.564341, "energy": 38.779843, "activity_lines": [ 24.690667, 27.160546, 27.266381, 27.236129 ] }, { "date": "2026-08-07", "close": 23.790001, "volume": 245592337, "typical_volume": 114852551.4, "trend": 27.569, "fair_value": 26.091132, "relative_strength": -15.565203, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.15152, "energy": 40.633969, "activity_lines": [ 23.664667, 26.453455, 26.978667, 26.97585 ] } ], "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." } } }