{ "ticker": { "uuid": "5603ef75-7771-47e8-92e6-0c1b00a994fb", "symbol": "601872", "name": "China Merchants Energy Shipping 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": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 95.607, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 36.713, "architecture_energy": 15.943, "architecture_maturity": 42.286, "architecture_confidence": 93.417, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 52.57, "rotation_up": 35.72, "upward_expansion": 49.81, "deceleration": 81.71, "rotation_down": 25.37, "downward_expansion": 24.81 }, "activity_lines": [ 16.496667, 16.423863, 16.709969, 16.654784 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.0 }, "latest_close": 17.98, "trend_reference": 15.871803, "distance_from_trend": 0.132827, "trend_direction": "Improving", "fair_value": 8.550976, "distance_from_fair_value": 1.102684, "fair_value_direction": "Weakening", "relative_strength": 44.184229, "relative_strength_direction": "Weakening", "price_momentum": 0.582746, "excess_performance": 0.62595, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.132827, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.186588, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 1.102684, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.448593, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.441842, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.368315, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.582746, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.08683, "read": "Demand-led" } ], "volume": { "latest": 531080875, "relative_activity": 0.886013, "balance": 1.08683, "dry_up": 0.896487, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.133988, "annualized_volatility": 0.742058, "from_high_reference": -0.156265, "from_low_reference": 2.011512 }, "levels": { "trend_reference": 15.871803, "fair_value_reference": 8.550976, "structural_low": 10.73, "invalidation": "A 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16.744559, 16.62798, 17.108999, 16.426109 ] }, { "date": "2026-07-17", "close": 13.91, "volume": 557248042, "typical_volume": 715601138.55, "trend": 15.06947, "fair_value": 8.340036, "relative_strength": 22.67381, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -7.083691, "energy": 7.534914, "activity_lines": [ 15.801631, 16.081905, 16.790885, 16.363197 ] }, { "date": "2026-07-24", "close": 15.7, "volume": 582915160, "typical_volume": 660306310.9, "trend": 15.309137, "fair_value": 8.404277, "relative_strength": 34.57518, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 6.663377, "energy": 17.825016, "activity_lines": [ 15.551888, 15.96274, 16.654341, 16.403877 ] }, { "date": "2026-07-31", "close": 16.790001, "volume": 478191662, "typical_volume": 625018403.8, "trend": 15.571803, "fair_value": 8.473427, "relative_strength": 40.891719, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.806781, "energy": 15.487596, "activity_lines": [ 15.743735, 16.073393, 16.628369, 16.499416 ] }, { "date": "2026-08-07", "close": 17.98, "volume": 531080875, "typical_volume": 599405341.45, "trend": 15.871803, "fair_value": 8.550976, "relative_strength": 44.184229, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.713259, "energy": 15.943167, "activity_lines": [ 16.496667, 16.423863, 16.709969, 16.654784 ] } ], "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." } } }