{ "ticker": { "uuid": "4023ba9a-d29c-4b71-b0ab-eaf809204259", "symbol": "600259", "name": "Rising Nonferrous Metals Share 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": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 90.224, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -25.717, "architecture_energy": 42.99, "architecture_maturity": 7.102, "architecture_confidence": 53.829, "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": 43.85, "rotation_up": 19.4, "upward_expansion": 17.64, "deceleration": 44.19, "rotation_down": 63.41, "downward_expansion": 54.64 }, "activity_lines": [ 79.196001, 85.234728, 88.903614, 88.912783 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 90.68, "trend_reference": 87.295026, "distance_from_trend": 0.038776, "trend_direction": "Improving", "fair_value": 47.010878, "distance_from_fair_value": 0.928915, "fair_value_direction": "Weakening", "relative_strength": 22.770121, "relative_strength_direction": "Weakening", "price_momentum": 0.142583, "excess_performance": 0.185787, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.038776, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.160267, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.928915, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.398339, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.227701, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.177084, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.142583, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.638312, "read": "Supply-led" } ], "volume": { "latest": 73897115, "relative_activity": 1.173608, "balance": 0.638312, "dry_up": 0.983614, "accumulation_observations": 2, "distribution_observations": 5 }, "risk": { "range_context": 0.154635, "annualized_volatility": 0.801249, "from_high_reference": -0.220158, "from_low_reference": 0.861146 }, "levels": { "trend_reference": 87.295026, "fair_value_reference": 47.010878, "structural_low": 67.190002, "invalidation": "A 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"relative_strength": 6.015503, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -7.464944, "energy": 12.437072, "activity_lines": [ 88.511335, 92.257819, 92.377512, 90.367443 ] }, { "date": "2026-07-24", "close": 71.110001, "volume": 64045735, "typical_volume": 63799559.0, "trend": 85.561154, "fair_value": 46.437758, "relative_strength": 0.173014, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -33.41246, "energy": 34.786204, "activity_lines": [ 80.485335, 88.252728, 90.466695, 89.474452 ] }, { "date": "2026-07-31", "close": 72.32, "volume": 45972244, "typical_volume": 62219644.75, "trend": 86.14472, "fair_value": 46.665248, "relative_strength": 1.294831, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.541757, "energy": 46.254694, "activity_lines": [ 75.874001, 84.940546, 88.769042, 88.620184 ] }, { "date": "2026-08-07", "close": 90.68, "volume": 73897115, "typical_volume": 62965760.2, "trend": 87.295026, "fair_value": 47.010878, "relative_strength": 22.770121, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.716528, "energy": 42.989644, "activity_lines": [ 79.196001, 85.234728, 88.903614, 88.912783 ] } ], "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." } } }