{ "ticker": { "uuid": "440d00fe-1968-4076-99cc-1c9ed8d09fde", "symbol": "605368", "name": "Henan Lantian Gas 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": -46.238, "architecture_energy": 39.143, "architecture_maturity": 100.0, "architecture_confidence": 90.107, "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": 24.82, "rotation_up": 27.66, "upward_expansion": 19.3, "deceleration": 46.97, "rotation_down": 35.4, "downward_expansion": 66.97 }, "activity_lines": [ 6.662667, 6.610727, 6.880667, 7.206624 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 6.62, "trend_reference": 7.586667, "distance_from_trend": -0.127417, "trend_direction": "Weakening", "fair_value": 9.585083, "distance_from_fair_value": -0.309343, "fair_value_direction": "Weakening", "relative_strength": -20.190082, "relative_strength_direction": "Improving", "price_momentum": -0.205282, "excess_performance": -0.162078, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.127417, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.088652, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.309343, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.104937, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.201901, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.024534, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.205282, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.520066, "read": "Supply-led" } ], "volume": { "latest": 21387742, "relative_activity": 1.037355, "balance": 0.520066, "dry_up": 1.260592, "accumulation_observations": 2, "distribution_observations": 5 }, "risk": { "range_context": 0.055775, "annualized_volatility": 0.224905, "from_high_reference": -0.336008, "from_low_reference": 0.085246 }, "levels": { "trend_reference": 7.586667, "fair_value_reference": 9.585083, "structural_low": 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6.615636, 7.00681, 7.328581 ] }, { "date": "2026-07-31", "close": 6.77, "volume": 22473618, "typical_volume": 22413386.4, "trend": 7.623333, "fair_value": 9.595761, "relative_strength": -16.856251, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.522408, "energy": 47.359691, "activity_lines": [ 6.652, 6.622545, 6.946667, 7.271355 ] }, { "date": "2026-08-07", "close": 6.62, "volume": 21387742, "typical_volume": 20617565.9, "trend": 7.586667, "fair_value": 9.585083, "relative_strength": -20.190082, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.2376, "energy": 39.14254, "activity_lines": [ 6.662667, 6.610727, 6.880667, 7.206624 ] } ], "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." } } }