{ "ticker": { "uuid": "596ef492-c925-4b10-a91b-d0a87f5bb3f1", "symbol": "603912", "name": "Nanjing Canatal Data-Centre Environmental Tech 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": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -63.652, "architecture_energy": 66.089, "architecture_maturity": 17.999, "architecture_confidence": 93.884, "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": 14.66, "rotation_up": 16.69, "upward_expansion": 13.94, "deceleration": 41.86, "rotation_down": 64.43, "downward_expansion": 87.27 }, "activity_lines": [ 7.239333, 7.444545, 8.393, 8.810559 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 7.76, "trend_reference": 9.129333, "distance_from_trend": -0.149993, "trend_direction": "Weakening", "fair_value": 8.289265, "distance_from_fair_value": -0.063849, "fair_value_direction": "Weakening", "relative_strength": -14.307939, "relative_strength_direction": "Weakening", "price_momentum": -0.124153, "excess_performance": -0.08095, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.149993, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.024679, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.063849, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.443762, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.143079, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.29211, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.124153, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.503724, "read": "Supply-led" } ], "volume": { "latest": 124270152, "relative_activity": 1.032003, "balance": 0.503724, "dry_up": 0.746233, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.121927, "annualized_volatility": 0.474088, "from_high_reference": -0.36289, "from_low_reference": 0.265905 }, "levels": { "trend_reference": 9.129333, "fair_value_reference": 8.289265, "structural_low": 6.13, "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": 21, "median_return": 0.025045, "positive_rate": 0.571429, "directional_follow_through": 0.428571, "median_excess_return": 0.025187, "regime_survival": 0.666667, "best_return": 0.713564, "worst_return": -0.271726, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.104449, "positive_rate": 0.625, "directional_follow_through": 0.375, "median_excess_return": 0.103169, "regime_survival": 0.375, "best_return": 0.375082, "worst_return": -0.186046, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.018441, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.046665, "regime_survival": 0.333333, "best_return": 0.793961, "worst_return": -0.30045, "sufficient": true }, { "horizon": "Full 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-22.677961, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -81.193009, "energy": 83.713285, "activity_lines": [ 7.438, 8.020727, 8.991952, 9.196688 ] }, { "date": "2026-07-24", "close": 6.82, "volume": 90446453, "typical_volume": 134536191.0, "trend": 9.204667, "fair_value": 8.314079, "relative_strength": -23.074126, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.343049, "energy": 82.856892, "activity_lines": [ 7.141333, 7.678, 8.74219, 9.039656 ] }, { "date": "2026-07-31", "close": 7.05, "volume": 64162578, "typical_volume": 126509158.05, "trend": 9.156333, "fair_value": 8.298112, "relative_strength": -20.42619, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.370339, "energy": 79.025702, "activity_lines": [ 7.045333, 7.463455, 8.527476, 8.900645 ] }, { "date": "2026-08-07", "close": 7.76, "volume": 124270152, "typical_volume": 120416494.8, "trend": 9.129333, "fair_value": 8.289265, "relative_strength": -14.307939, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.652446, "energy": 66.08933, "activity_lines": [ 7.239333, 7.444545, 8.393, 8.810559 ] } ], "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." } } }