{ "ticker": { "uuid": "5dbabe9a-a3ef-4d4e-91a6-343244fa8d9d", "symbol": "603678", "name": "Fujian Torch Electron Technology 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": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 16.12, "architecture_energy": 29.836, "architecture_maturity": 69.156, "architecture_confidence": 93.912, "architecture_tenure": "New", "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": 40.66, "rotation_up": 18.58, "upward_expansion": 50.69, "deceleration": 91.16, "rotation_down": 50.17, "downward_expansion": 30.36 }, "activity_lines": [ 46.246666, 54.898909, 52.229015, 48.502548 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.333333 }, "latest_close": 50.25, "trend_reference": 44.589539, "distance_from_trend": 0.126946, "trend_direction": "Improving", "fair_value": 32.429856, "distance_from_fair_value": 0.549498, "fair_value_direction": "Improving", "relative_strength": 23.900287, "relative_strength_direction": "Improving", "price_momentum": 0.281888, "excess_performance": 0.325092, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.126946, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.244607, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.549498, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.458787, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.239003, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.39712, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.281888, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.193998, "read": "Demand-led" } ], "volume": { "latest": 190288165, "relative_activity": 1.932244, "balance": 1.193998, "dry_up": 1.664464, "accumulation_observations": 4, "distribution_observations": 4 }, "risk": { "range_context": 0.243615, "annualized_volatility": 1.009017, "from_high_reference": -0.437919, "from_low_reference": 0.676117 }, "levels": { "trend_reference": 44.589539, "fair_value_reference": 32.429856, "structural_low": 30.871691, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 12, "median_return": -0.005602, "positive_rate": 0.416667, "directional_follow_through": 0.416667, "median_excess_return": -0.033249, "regime_survival": 0.583333, "best_return": 0.883457, "worst_return": -0.086946, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.031502, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.01243, "regime_survival": 0.333333, "best_return": 0.502758, "worst_return": -0.157357, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.090312, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.125961, "regime_survival": 0.25, "best_return": 0.303155, "worst_return": -0.289706, "sufficient": false }, { "horizon": "Full 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"gate": "up", "direction": 58.995717, "energy": 52.353544, "activity_lines": [ 63.808001, 62.714304, 52.82496, 48.425706 ] }, { "date": "2026-07-24", "close": 42.02, "volume": 138665910, "typical_volume": 84930533.05, "trend": 43.956872, "fair_value": 32.251878, "relative_strength": 7.60261, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 24.922814, "energy": 18.018473, "activity_lines": [ 55.188, 59.833695, 52.42574, 48.320532 ] }, { "date": "2026-07-31", "close": 40.619999, "volume": 183765083, "typical_volume": 90793319.05, "trend": 44.091872, "fair_value": 32.309023, "relative_strength": 3.449323, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.292123, "energy": 26.762209, "activity_lines": [ 47.816667, 56.518, 51.876949, 48.10525 ] }, { "date": "2026-08-07", "close": 50.25, "volume": 190288165, "typical_volume": 98480391.2, "trend": 44.589539, "fair_value": 32.429856, "relative_strength": 23.900287, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.120117, "energy": 29.835745, "activity_lines": [ 46.246666, 54.898909, 52.229015, 48.502548 ] } ], "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." } } }