{ "ticker": { "uuid": "6365028a-4627-4b2c-a769-c624daa3e969", "symbol": "603107", "name": "Shanghai Automobile Air-Conditioner Accessories 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": 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": -51.244, "architecture_energy": 44.684, "architecture_maturity": 99.246, "architecture_confidence": 66.85, "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": 14.42, "rotation_up": 26.43, "upward_expansion": 18.7, "deceleration": 67.0, "rotation_down": 47.0, "downward_expansion": 71.04 }, "activity_lines": [ 11.875333, 11.835636, 12.418955, 12.965181 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 12.0, "trend_reference": 13.700262, "distance_from_trend": -0.124104, "trend_direction": "Weakening", "fair_value": 16.436399, "distance_from_fair_value": -0.269913, "fair_value_direction": "Weakening", "relative_strength": -16.947399, "relative_strength_direction": "Weakening", "price_momentum": -0.215173, "excess_performance": -0.171969, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.124104, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.075655, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.269913, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.109512, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.169474, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.01056, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.215173, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.541914, "read": "Supply-led" } ], "volume": { "latest": 23881698, "relative_activity": 2.601166, "balance": 0.541914, "dry_up": 1.703961, "accumulation_observations": 2, "distribution_observations": 4 }, "risk": { "range_context": 0.0626, "annualized_volatility": 0.269118, "from_high_reference": -0.292453, "from_low_reference": 0.086957 }, "levels": { "trend_reference": 13.700262, "fair_value_reference": 16.436399, "structural_low": 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"direction": -72.390649, "energy": 79.655125, "activity_lines": [ 11.62, 12.029499, 12.802496, 13.353361 ] }, { "date": "2026-07-24", "close": 11.1, "volume": 10479169, "typical_volume": 7903363.0, "trend": 13.876262, "fair_value": 16.495355, "relative_strength": -21.719814, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.608236, "energy": 71.712469, "activity_lines": [ 11.425333, 11.777085, 12.583934, 13.165881 ] }, { "date": "2026-07-31", "close": 12.56, "volume": 20036615, "typical_volume": 8485694.8, "trend": 13.794595, "fair_value": 16.467642, "relative_strength": -11.287841, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.787668, "energy": 57.482745, "activity_lines": [ 11.784667, 11.84581, 12.522421, 13.080961 ] }, { "date": "2026-08-07", "close": 12.0, "volume": 23881698, "typical_volume": 9181150.8, "trend": 13.700262, "fair_value": 16.436399, "relative_strength": -16.947399, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.24447, "energy": 44.683986, "activity_lines": [ 11.875333, 11.835636, 12.418955, 12.965181 ] } ], "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." } } }