{ "ticker": { "uuid": "5c28b3cc-ce76-448a-91e8-e4279644d49b", "symbol": "601700", "name": "Changshu Fengfan Power Equipment 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": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 76.395, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Structural repair", "architecture_gate": "down", "architecture_direction": 7.433, "architecture_energy": 20.898, "architecture_maturity": 47.39, "architecture_confidence": 39.654, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 50.36, "rotation_up": 42.42, "upward_expansion": 25.15, "deceleration": 44.15, "rotation_down": 17.58, "downward_expansion": 52.49 }, "activity_lines": [ 5.322, 4.984545, 5.032952, 5.17486 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 6.44, "trend_reference": 5.401, "distance_from_trend": 0.192372, "trend_direction": "Weakening", "fair_value": 4.752985, "distance_from_fair_value": 0.354938, "fair_value_direction": "Improving", "relative_strength": 24.253397, "relative_strength_direction": "Improving", "price_momentum": 0.143872, "excess_performance": 0.187076, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.192372, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.024327, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.354938, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.181858, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.242534, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.238522, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.143872, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.035802, "read": "Demand-led" } ], "volume": { "latest": 550804730, "relative_activity": 5.240963, "balance": 2.035802, "dry_up": 2.339045, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.08612, "annualized_volatility": 0.527177, "from_high_reference": -0.103064, "from_low_reference": 0.511737 }, "levels": { "trend_reference": 5.401, "fair_value_reference": 4.752985, "structural_low": 4.26, "invalidation": "A decisive 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[ 4.564667, 4.866727, 5.114571, 5.30086 ] }, { "date": "2026-07-10", "close": 4.47, "volume": 67671900, "typical_volume": 103978476.9, "trend": 5.455333, "fair_value": 4.753809, "relative_strength": -14.901566, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.112026, "energy": 82.935172, "activity_lines": [ 4.492, 4.754727, 5.031476, 5.236022 ] }, { "date": "2026-07-17", "close": 4.51, "volume": 132123936, "typical_volume": 102925616.6, "trend": 5.419, "fair_value": 4.749182, "relative_strength": -8.64456, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.277437, "energy": 73.560373, "activity_lines": [ 4.482, 4.667455, 4.958, 5.175032 ] }, { "date": "2026-07-24", "close": 4.86, "volume": 165937613, "typical_volume": 101224511.45, "trend": 5.398667, "fair_value": 4.746925, "relative_strength": -2.783428, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.741598, "energy": 45.911792, "activity_lines": [ 4.607333, 4.663455, 4.925476, 5.138968 ] }, { "date": "2026-07-31", "close": 4.89, "volume": 134431505, "typical_volume": 87764813.4, "trend": 5.375, "fair_value": 4.744924, "relative_strength": -2.53518, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.689686, "energy": 34.014141, "activity_lines": [ 4.726, 4.677636, 4.902048, 5.106151 ] }, { "date": "2026-08-07", "close": 6.44, "volume": 550804730, "typical_volume": 105096087.2, "trend": 5.401, "fair_value": 4.752985, "relative_strength": 24.253397, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 7.432757, "energy": 20.897578, "activity_lines": [ 5.322, 4.984545, 5.032952, 5.17486 ] } ], "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." } } }