{ "ticker": { "uuid": "3bb82bc3-eb6c-431e-acb2-09dd4afdd88f", "symbol": "603656", "name": "Hefei Taihe Intelligent Technology Group 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": -60.181, "architecture_energy": 47.835, "architecture_maturity": 77.707, "architecture_confidence": 90.673, "architecture_tenure": "Established", "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": 12.9, "rotation_up": 26.55, "upward_expansion": 7.44, "deceleration": 60.32, "rotation_down": 50.06, "downward_expansion": 80.77 }, "activity_lines": [ 17.164, 17.281612, 17.980004, 18.92984 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 17.6, "trend_reference": 20.30825, "distance_from_trend": -0.133357, "trend_direction": "Weakening", "fair_value": 16.943109, "distance_from_fair_value": 0.03877, "fair_value_direction": "Weakening", "relative_strength": -15.641724, "relative_strength_direction": "Weakening", "price_momentum": -0.276613, "excess_performance": -0.233409, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.133357, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.083161, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.03877, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.184591, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.156417, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.03031, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.276613, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.486223, "read": "Supply-led" } ], "volume": { "latest": 8465719, "relative_activity": 0.840746, "balance": 0.486223, "dry_up": 1.028736, "accumulation_observations": 1, "distribution_observations": 6 }, "risk": { "range_context": 0.073574, "annualized_volatility": 0.286753, "from_high_reference": -0.335849, "from_low_reference": 0.102066 }, "levels": { "trend_reference": 20.30825, "fair_value_reference": 16.943109, "structural_low": 15.97, "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": 21, "median_return": 0.030757, "positive_rate": 0.52381, "directional_follow_through": 0.47619, "median_excess_return": -0.005832, "regime_survival": 0.761905, "best_return": 0.800939, "worst_return": -0.093277, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.16915, "positive_rate": 0.571429, "directional_follow_through": 0.428571, "median_excess_return": 0.066176, "regime_survival": 0.285714, "best_return": 1.116466, "worst_return": -0.201465, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.221661, "positive_rate": 0.8, "directional_follow_through": 0.2, "median_excess_return": 0.180701, "regime_survival": 0.0, "best_return": 0.74985, "worst_return": -0.139608, "sufficient": true }, { "horizon": "Full cycle", 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18.581301, 19.610749 ] }, { "date": "2026-07-24", "close": 16.58, "volume": 11224720, "typical_volume": 10408474.45, "trend": 20.670916, "fair_value": 16.893152, "relative_strength": -18.413763, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.338384, "energy": 67.777606, "activity_lines": [ 16.876, 17.364914, 18.299932, 19.335657 ] }, { "date": "2026-07-31", "close": 17.27, "volume": 8376800, "typical_volume": 10222525.25, "trend": 20.48925, "fair_value": 16.916213, "relative_strength": -15.182589, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.282484, "energy": 56.135865, "activity_lines": [ 16.973333, 17.280536, 18.111849, 19.116243 ] }, { "date": "2026-08-07", "close": 17.6, "volume": 8465719, "typical_volume": 10069296.2, "trend": 20.30825, "fair_value": 16.943109, "relative_strength": -15.641724, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.181353, "energy": 47.835316, "activity_lines": [ 17.164, 17.281612, 17.980004, 18.92984 ] } ], "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." } } }