{ "ticker": { "uuid": "3d3cc19e-70fb-48a2-9699-39e064ddd99a", "symbol": "603032", "name": "Delixi New Energy Technology 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": 61.012, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -22.43, "architecture_energy": 49.254, "architecture_maturity": 9.544, "architecture_confidence": 77.932, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 36.59, "rotation_up": 16.93, "upward_expansion": 26.31, "deceleration": 48.48, "rotation_down": 67.07, "downward_expansion": 51.31 }, "activity_lines": [ 18.174, 20.260909, 21.654561, 21.341779 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 19.41, "trend_reference": 20.855299, "distance_from_trend": -0.069301, "trend_direction": "Improving", "fair_value": 18.343935, "distance_from_fair_value": 0.058115, "fair_value_direction": "Weakening", "relative_strength": -6.410759, "relative_strength_direction": "Weakening", "price_momentum": 0.013577, "excess_performance": 0.056781, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.069301, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.018029, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.058115, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.202173, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.064108, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.234223, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.013577, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.972841, "read": "Supply-led" } ], "volume": { "latest": 51432870, "relative_activity": 0.900676, "balance": 0.972841, "dry_up": 0.862096, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.196996, "annualized_volatility": 0.724441, "from_high_reference": -0.369191, "from_low_reference": 0.252258 }, "levels": { "trend_reference": 20.855299, "fair_value_reference": 18.343935, "structural_low": 15.5, "invalidation": "Reclaiming a 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22.173405 ] }, { "date": "2026-07-17", "close": 17.799999, "volume": 59704474, "typical_volume": 55515956.5, "trend": 21.040632, "fair_value": 18.606414, "relative_strength": -10.5233, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 5.873899, "energy": 8.511572, "activity_lines": [ 22.086, 23.056224, 22.797022, 21.963579 ] }, { "date": "2026-07-24", "close": 16.52, "volume": 44899903, "typical_volume": 55923033.15, "trend": 20.930299, "fair_value": 18.506287, "relative_strength": -17.92192, "stage": 4, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -29.829134, "energy": 28.973134, "activity_lines": [ 19.842, 21.794979, 22.292884, 21.671925 ] }, { "date": "2026-07-31", "close": 17.25, "volume": 40881702, "typical_volume": 56112127.15, "trend": 20.846965, "fair_value": 18.413395, "relative_strength": -14.518309, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.853343, "energy": 37.321577, "activity_lines": [ 18.408666, 20.777395, 21.867556, 21.434487 ] }, { "date": "2026-08-07", "close": 19.41, "volume": 51432870, "typical_volume": 57104720.45, "trend": 20.855299, "fair_value": 18.343935, "relative_strength": -6.410759, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.429621, "energy": 49.254084, "activity_lines": [ 18.174, 20.260909, 21.654561, 21.341779 ] } ], "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." } } }