{ "ticker": { "uuid": "5f18ac84-00ec-449d-9dce-ab1eb7698d2c", "symbol": "301289", "name": "Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co., Ltd", "exchange": "SHZ", "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": "399001.SZ", "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": "Established contraction", "architecture_gate": "down", "architecture_direction": -64.936, "architecture_energy": 67.688, "architecture_maturity": 44.204, "architecture_confidence": 86.053, "architecture_tenure": "Established", "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": 7.19, "rotation_up": 13.33, "upward_expansion": 13.5, "deceleration": 44.2, "rotation_down": 70.04, "downward_expansion": 86.84 }, "activity_lines": [ 42.422, 43.945447, 47.368491, 49.696516 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 43.599998, "trend_reference": 53.01239, "distance_from_trend": -0.177551, "trend_direction": "Weakening", "fair_value": 49.133222, "distance_from_fair_value": -0.112617, "fair_value_direction": "Weakening", "relative_strength": -22.24496, "relative_strength_direction": "Weakening", "price_momentum": -0.260892, "excess_performance": -0.268291, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.177551, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.078466, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.112617, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.285351, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.22245, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.061748, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.260892, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.412334, "read": "Supply-led" } ], "volume": { "latest": 3064841, "relative_activity": 1.053823, "balance": 0.412334, "dry_up": 0.998464, "accumulation_observations": 3, "distribution_observations": 5 }, "risk": { "range_context": 0.088145, "annualized_volatility": 0.274837, "from_high_reference": -0.391316, "from_low_reference": 0.127197 }, "levels": { "trend_reference": 53.01239, "fair_value_reference": 49.133222, "structural_low": 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"close": 40.380001, "volume": 2711463, "typical_volume": 2936033.0, "trend": 54.081723, "fair_value": 49.03394, "relative_strength": -26.266953, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.596659, "energy": 90.347666, "activity_lines": [ 42.855334, 45.343329, 48.824269, 51.092524 ] }, { "date": "2026-07-31", "close": 42.360001, "volume": 2934940, "typical_volume": 2893049.7, "trend": 53.51639, "fair_value": 49.078568, "relative_strength": -20.999621, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.046033, "energy": 81.81585, "activity_lines": [ 42.286668, 44.428595, 48.001261, 50.336284 ] }, { "date": "2026-08-07", "close": 43.599998, "volume": 3064841, "typical_volume": 2908307.95, "trend": 53.01239, "fair_value": 49.133222, "relative_strength": -22.24496, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.936149, "energy": 67.687896, "activity_lines": [ 42.422, 43.945447, 47.368491, 49.696516 ] } ], "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." } } }