{ "ticker": { "uuid": "62d8f41a-d608-4002-94c1-f723b2510ed5", "symbol": "002706", "name": "Shanghai Liangxin Electrical 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": "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": -67.189, "architecture_energy": 71.596, "architecture_maturity": 16.512, "architecture_confidence": 76.152, "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": 19.98, "rotation_up": 8.85, "upward_expansion": 15.48, "deceleration": 37.48, "rotation_down": 78.68, "downward_expansion": 93.48 }, "activity_lines": [ 9.052667, 9.703091, 10.601088, 10.749107 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -1.0 }, "latest_close": 8.92, "trend_reference": 10.896588, "distance_from_trend": -0.181395, "trend_direction": "Improving", "fair_value": 8.738368, "distance_from_fair_value": 0.020786, "fair_value_direction": "Weakening", "relative_strength": -20.371767, "relative_strength_direction": "Weakening", "price_momentum": -0.134243, "excess_performance": -0.141643, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.181395, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.001951, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.020786, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.299479, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.203718, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.115678, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.134243, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 2.194991, "read": "Demand-led" } ], "volume": { "latest": 152558351, "relative_activity": 0.755275, "balance": 2.194991, "dry_up": 0.662588, "accumulation_observations": 3, "distribution_observations": 0 }, "risk": { "range_context": 0.162102, "annualized_volatility": 0.58572, "from_high_reference": -0.420779, "from_low_reference": 0.045721 }, "levels": { "trend_reference": 10.896588, "fair_value_reference": 8.738368, "structural_low": 8.53, "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": 24, "median_return": -0.020169, "positive_rate": 0.375, "directional_follow_through": 0.625, "median_excess_return": 0.006199, "regime_survival": 0.791667, "best_return": 0.3, "worst_return": -0.192551, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.012185, "positive_rate": 0.555556, "directional_follow_through": 0.444444, "median_excess_return": -0.035808, "regime_survival": 0.666667, "best_return": 0.347494, "worst_return": -0.303704, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.150062, "positive_rate": 0.2, "directional_follow_through": 0.8, "median_excess_return": -0.05195, "regime_survival": 0.6, "best_return": 0.009524, "worst_return": -0.177778, "sufficient": true }, { "horizon": "Full cycle", 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8.769853, "relative_strength": -14.933273, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.443714, "energy": 21.493758, "activity_lines": [ 10.704667, 11.458243, 11.402534, 11.265795 ] }, { "date": "2026-07-17", "close": 9.22, "volume": 137971323, "typical_volume": 230748174.4, "trend": 11.015887, "fair_value": 8.762024, "relative_strength": -15.103411, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -35.049761, "energy": 38.362633, "activity_lines": [ 10.117333, 10.986364, 11.206162, 11.148659 ] }, { "date": "2026-07-24", "close": 8.83, "volume": 133169800, "typical_volume": 226904961.75, "trend": 10.994639, "fair_value": 8.753481, "relative_strength": -18.747586, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.268364, "energy": 61.313406, "activity_lines": [ 9.540667, 10.484182, 10.982767, 11.007634 ] }, { "date": "2026-07-31", "close": 9.02, "volume": 111645995, "typical_volume": 209625946.8, "trend": 10.952523, "fair_value": 8.745442, "relative_strength": -15.542834, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -68.678711, "energy": 72.186417, "activity_lines": [ 9.258667, 10.067818, 10.790474, 10.880238 ] }, { "date": "2026-08-07", "close": 8.92, "volume": 152558351, "typical_volume": 201990385.25, "trend": 10.896588, "fair_value": 8.738368, "relative_strength": -20.371767, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.188526, "energy": 71.595712, "activity_lines": [ 9.052667, 9.703091, 10.601088, 10.749107 ] } ], "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." } } }