{ "ticker": { "uuid": "54174e66-8a51-46c5-8659-e93a9911c04f", "symbol": "600605", "name": "Shanghai Huitong Energy 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": "Early contraction", "architecture_gate": "down", "architecture_direction": -70.674, "architecture_energy": 77.05, "architecture_maturity": 18.051, "architecture_confidence": 84.295, "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": 12.85, "rotation_up": 8.9, "upward_expansion": 17.39, "deceleration": 37.17, "rotation_down": 80.16, "downward_expansion": 95.39 }, "activity_lines": [ 24.218, 25.833273, 27.93922, 28.377325 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -1.0 }, "latest_close": 23.690001, "trend_reference": 28.737541, "distance_from_trend": -0.175643, "trend_direction": "Weakening", "fair_value": 29.205898, "distance_from_fair_value": -0.188862, "fair_value_direction": "Weakening", "relative_strength": -21.015884, "relative_strength_direction": "Weakening", "price_momentum": -0.146168, "excess_performance": -0.102964, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.175643, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.02667, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.188862, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.400789, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.210159, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.165493, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.146168, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.21039, "read": "Supply-led" } ], "volume": { "latest": 18896581, "relative_activity": 1.012853, "balance": 0.21039, "dry_up": 0.945729, "accumulation_observations": 1, "distribution_observations": 5 }, "risk": { "range_context": 0.122674, "annualized_volatility": 0.357345, "from_high_reference": -0.418641, "from_low_reference": 0.094732 }, "levels": { "trend_reference": 28.737541, "fair_value_reference": 29.205898, "structural_low": 21.639999, "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": 13, "median_return": 0.023459, "positive_rate": 0.538462, "directional_follow_through": 0.461538, "median_excess_return": -0.014859, "regime_survival": 0.692308, "best_return": 0.246728, "worst_return": -0.127436, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.011249, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": -0.02533, "regime_survival": 0.5, "best_return": 0.180519, "worst_return": -0.12007, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.140397, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.15097, "regime_survival": 0.333333, "best_return": 0.455844, "worst_return": -0.170026, "sufficient": false }, { 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45.657871, "activity_lines": [ 27.469334, 28.583818, 29.56521, 29.442472 ] }, { "date": "2026-07-24", "close": 24.85, "volume": 18641044, "typical_volume": 19020483.85, "trend": 29.21936, "fair_value": 29.149591, "relative_strength": -16.472661, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -74.677906, "energy": 69.125043, "activity_lines": [ 26.41, 27.720909, 29.115665, 29.149325 ] }, { "date": "2026-07-31", "close": 22.51, "volume": 20525169, "typical_volume": 19344480.3, "trend": 28.946632, "fair_value": 29.176768, "relative_strength": -23.724339, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.624324, "energy": 79.239888, "activity_lines": [ 24.909334, 26.581637, 28.455338, 28.716463 ] }, { "date": "2026-08-07", "close": 23.690001, "volume": 18896581, "typical_volume": 18656785.2, "trend": 28.737541, "fair_value": 29.205898, "relative_strength": -21.015884, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.6741, "energy": 77.049925, "activity_lines": [ 24.218, 25.833273, 27.93922, 28.377325 ] } ], "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." } } }