{ "ticker": { "uuid": "6216962a-515f-4ece-9467-b6f7ff80e282", "symbol": "601985", "name": "China National Nuclear Power 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": 80.257, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "mixed", "architecture_direction": 2.983, "architecture_energy": 4.056, "architecture_maturity": 11.806, "architecture_confidence": 72.213, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 59.07, "rotation_up": 34.06, "upward_expansion": 32.21, "deceleration": 48.94, "rotation_down": 31.67, "downward_expansion": 22.54 }, "activity_lines": [ 8.884619, 8.860825, 8.893225, 8.889117 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 8.8, "trend_reference": 8.872254, "distance_from_trend": -0.008144, "trend_direction": "Improving", "fair_value": 8.896109, "distance_from_fair_value": -0.010803, "fair_value_direction": "Weakening", "relative_strength": -0.072703, "relative_strength_direction": "Improving", "price_momentum": 0.022067, "excess_performance": 0.065271, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.008144, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.003724, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.010803, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.052676, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.000727, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.07642, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.022067, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.567426, "read": "Demand-led" } ], "volume": { "latest": 720306677, "relative_activity": 1.333083, "balance": 1.567426, "dry_up": 1.116068, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.036958, "annualized_volatility": 0.178053, "from_high_reference": -0.081345, "from_low_reference": 0.053655 }, "levels": { "trend_reference": 8.872254, "fair_value_reference": 8.896109, "structural_low": 8.46, "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": 21, "median_return": -0.007295, "positive_rate": 0.428571, "directional_follow_through": 0.428571, "median_excess_return": -0.016573, "regime_survival": 0.666667, "best_return": 0.339806, "worst_return": -0.07967, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.005469, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.000131, "regime_survival": 0.25, "best_return": 0.264078, "worst_return": -0.114795, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.008117, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.040152, "regime_survival": 0.166667, "best_return": 0.405825, "worst_return": -0.13488, "sufficient": 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"energy": 20.570201, "activity_lines": [ 8.789211, 8.86662, 8.903124, 8.880949 ] }, { "date": "2026-07-17", "close": 8.79, "volume": 507569107, "typical_volume": 611891284.4, "trend": 8.850699, "fair_value": 8.857008, "relative_strength": 3.736689, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -11.789917, "energy": 23.344593, "activity_lines": [ 8.769399, 8.843035, 8.89228, 8.877096 ] }, { "date": "2026-07-24", "close": 8.9, "volume": 685187523, "typical_volume": 595035210.2, "trend": 8.856331, "fair_value": 8.869612, "relative_strength": 3.898556, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -8.679727, "energy": 16.579218, "activity_lines": [ 8.805141, 8.844541, 8.890627, 8.880276 ] }, { "date": "2026-07-31", "close": 9.06, "volume": 499122228, "typical_volume": 551953843.15, "trend": 8.86663, "fair_value": 8.883293, "relative_strength": 5.469884, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.132318, "energy": 14.436392, "activity_lines": [ 8.897916, 8.879501, 8.903878, 8.893416 ] }, { "date": "2026-08-07", "close": 8.8, "volume": 720306677, "typical_volume": 540331357.15, "trend": 8.872254, "fair_value": 8.896109, "relative_strength": -0.072703, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 2.982628, "energy": 4.055606, "activity_lines": [ 8.884619, 8.860825, 8.893225, 8.889117 ] } ], "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." } } }