{ "ticker": { "uuid": "698da6af-b02d-4479-92bf-9de43ee9ba80", "symbol": "600038", "name": "Avicopter Plc", "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": -51.044, "architecture_energy": 49.044, "architecture_maturity": 100.0, "architecture_confidence": 66.995, "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": 17.31, "rotation_up": 27.56, "upward_expansion": 20.49, "deceleration": 66.97, "rotation_down": 44.31, "downward_expansion": 70.49 }, "activity_lines": [ 26.169333, 26.112545, 27.298762, 29.072477 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 26.34, "trend_reference": 31.582472, "distance_from_trend": -0.165993, "trend_direction": "Weakening", "fair_value": 36.769764, "distance_from_fair_value": -0.283651, "fair_value_direction": "Weakening", "relative_strength": -21.5084, "relative_strength_direction": "Improving", "price_momentum": -0.280328, "excess_performance": -0.237124, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.165993, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.090038, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.283651, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.108249, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.215084, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.006969, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.280328, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.393606, "read": "Supply-led" } ], "volume": { "latest": 29335719, "relative_activity": 1.066238, "balance": 0.393606, "dry_up": 1.236255, "accumulation_observations": 2, "distribution_observations": 7 }, "risk": { "range_context": 0.061327, "annualized_volatility": 0.267391, "from_high_reference": -0.365301, "from_low_reference": 0.082169 }, "levels": { "trend_reference": 31.582472, "fair_value_reference": 36.769764, "structural_low": 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[ 25.922667, 26.661606, 28.800889, 30.698663 ] }, { "date": "2026-07-17", "close": 25.24, "volume": 31704724, "typical_volume": 30456178.75, "trend": 32.522472, "fair_value": 37.029125, "relative_strength": -23.465822, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.366709, "energy": 68.584116, "activity_lines": [ 25.542, 26.25077, 28.259155, 30.208095 ] }, { "date": "2026-07-24", "close": 25.809999, "volume": 39028476, "typical_volume": 28868010.3, "trend": 32.200806, "fair_value": 36.945133, "relative_strength": -22.012462, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.643033, "energy": 64.54833, "activity_lines": [ 25.570666, 26.051973, 27.83604, 29.775032 ] }, { "date": "2026-07-31", "close": 26.879999, "volume": 35984916, "typical_volume": 28142986.5, "trend": 31.908806, "fair_value": 36.860956, "relative_strength": -18.44679, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.877713, "energy": 60.697923, "activity_lines": [ 26.025999, 26.122694, 27.571972, 29.431755 ] }, { "date": "2026-08-07", "close": 26.34, "volume": 29335719, "typical_volume": 27513294.45, "trend": 31.582472, "fair_value": 36.769764, "relative_strength": -21.5084, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.043732, "energy": 49.043601, "activity_lines": [ 26.169333, 26.112545, 27.298762, 29.072477 ] } ], "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." } } }