{ "ticker": { "uuid": "6a922000-a9ee-48d8-8fb7-9b863c7ef3e6", "symbol": "000993", "name": "Fujian Mindong Electric Power Group 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": "Early contraction", "architecture_gate": "down", "architecture_direction": -61.605, "architecture_energy": 50.526, "architecture_maturity": 44.626, "architecture_confidence": 89.608, "architecture_tenure": "Developing", "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": 12.74, "rotation_up": 23.24, "upward_expansion": 8.04, "deceleration": 58.59, "rotation_down": 54.66, "downward_expansion": 81.38 }, "activity_lines": [ 9.984188, 10.098608, 11.124554, 11.749783 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 10.23, "trend_reference": 12.345443, "distance_from_trend": -0.171354, "trend_direction": "Weakening", "fair_value": 10.220978, "distance_from_fair_value": 0.000883, "fair_value_direction": "Weakening", "relative_strength": -17.347633, "relative_strength_direction": "Weakening", "price_momentum": -0.158025, "excess_performance": -0.165424, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.171354, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.058654, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.000883, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.267806, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.173476, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.072957, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.158025, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.252802, "read": "Demand-led" } ], "volume": { "latest": 50636236, "relative_activity": 0.489893, "balance": 1.252802, "dry_up": 0.62485, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.117048, "annualized_volatility": 0.584187, "from_high_reference": -0.407643, "from_low_reference": 0.133164 }, "levels": { "trend_reference": 12.345443, "fair_value_reference": 10.220978, "structural_low": 9.027823, "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": 18, "median_return": 0.019247, "positive_rate": 0.611111, "directional_follow_through": 0.333333, "median_excess_return": 0.004263, "regime_survival": 0.722222, "best_return": 0.158355, "worst_return": -0.069048, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.140476, "positive_rate": 0.714286, "directional_follow_through": 0.285714, "median_excess_return": 0.129781, "regime_survival": 0.285714, "best_return": 0.226597, "worst_return": -0.063303, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.018595, "positive_rate": 0.2, "directional_follow_through": 0.8, "median_excess_return": 0.03775, "regime_survival": 0.4, "best_return": 0.018947, "worst_return": -0.111927, "sufficient": true }, { "horizon": 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83.38263, "activity_lines": [ 10.565121, 11.685626, 12.380499, 12.631269 ] }, { "date": "2026-07-10", "close": 9.627059, "volume": 41086170, "typical_volume": 127390985.7, "trend": 12.731453, "fair_value": 10.261041, "relative_strength": -27.711712, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.98143, "energy": 86.44852, "activity_lines": [ 10.048372, 11.212064, 12.068235, 12.42128 ] }, { "date": "2026-07-17", "close": 9.833353, "volume": 48156626, "typical_volume": 125072903.35, "trend": 12.594898, "fair_value": 10.250262, "relative_strength": -18.473971, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.740373, "energy": 84.095712, "activity_lines": [ 9.859251, 10.823517, 11.788299, 12.234306 ] }, { "date": "2026-07-24", "close": 9.666353, "volume": 111552964, "typical_volume": 117203099.1, "trend": 12.487776, "fair_value": 10.234012, "relative_strength": -19.678606, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.235589, "energy": 81.717457, "activity_lines": [ 9.746906, 10.460365, 11.514348, 12.045368 ] }, { "date": "2026-07-31", "close": 10.08, "volume": 47996993, "typical_volume": 108463385.85, "trend": 12.403776, "fair_value": 10.225757, "relative_strength": -14.616745, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.933217, "energy": 59.166209, "activity_lines": [ 9.853353, 10.238123, 11.302618, 11.890027 ] }, { "date": "2026-08-07", "close": 10.23, "volume": 50636236, "typical_volume": 103361906.5, "trend": 12.345443, "fair_value": 10.220978, "relative_strength": -17.347633, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.604549, "energy": 50.525719, "activity_lines": [ 9.984188, 10.098608, 11.124554, 11.749783 ] } ], "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." } } }