{ "ticker": { "uuid": "6d858939-df7f-417e-ae09-56a918c3d3f2", "symbol": "603790", "name": "Argus (Shanghai) Textile Chemicals 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": 3, "stage_name": "Distribution", "phase": "3c", "phase_label": "Stage 3C \u00b7 Breakdown watch", "transition": "stage_3_to_4_watch", "transition_label": "Stage 3 \u2192 4 watch", "confidence": 59.215, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -28.981, "architecture_energy": 43.276, "architecture_maturity": 9.895, "architecture_confidence": 57.58, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 43.76, "rotation_up": 17.94, "upward_expansion": 15.97, "deceleration": 46.42, "rotation_down": 58.61, "downward_expansion": 52.97 }, "activity_lines": [ 20.818667, 21.930182, 23.598053, 23.645909 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 21.65, "trend_reference": 23.372288, "distance_from_trend": -0.073689, "trend_direction": "Improving", "fair_value": 15.812467, "distance_from_fair_value": 0.369173, "fair_value_direction": "Weakening", "relative_strength": -2.077476, "relative_strength_direction": "Weakening", "price_momentum": 0.021226, "excess_performance": 0.06443, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.073689, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.042741, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.369173, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.319233, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.020775, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.132058, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.021226, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.323249, "read": "Demand-led" } ], "volume": { "latest": 18215959, "relative_activity": 1.027393, "balance": 1.323249, "dry_up": 1.322092, "accumulation_observations": 4, "distribution_observations": 4 }, "risk": { "range_context": 0.180868, "annualized_volatility": 0.701849, "from_high_reference": -0.358947, "from_low_reference": 0.235026 }, "levels": { "trend_reference": 23.372288, "fair_value_reference": 15.812467, "structural_low": 17.530001, "invalidation": "A 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"relative_strength": -1.803105, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.840856, "energy": 16.212446, "activity_lines": [ 23.760667, 25.196199, 24.981551, 24.358715 ] }, { "date": "2026-07-17", "close": 20.33, "volume": 21645480, "typical_volume": 17255704.95, "trend": 23.295622, "fair_value": 15.693479, "relative_strength": -3.539, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -28.243449, "energy": 30.108212, "activity_lines": [ 22.43, 24.135885, 24.5767, 24.166825 ] }, { "date": "2026-07-24", "close": 19.139999, "volume": 22719583, "typical_volume": 17184174.4, "trend": 23.268289, "fair_value": 15.722858, "relative_strength": -10.338994, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -31.7282, "energy": 43.93573, "activity_lines": [ 21.022, 22.946804, 24.085087, 23.89872 ] }, { "date": "2026-07-31", "close": 21.0, "volume": 31183167, "typical_volume": 17588806.6, "trend": 23.300288, "fair_value": 15.763909, "relative_strength": -2.199194, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.404806, "energy": 43.797681, "activity_lines": [ 20.77, 22.272964, 23.804142, 23.752379 ] }, { "date": "2026-08-07", "close": 21.65, "volume": 18215959, "typical_volume": 17730267.65, "trend": 23.372288, "fair_value": 15.812467, "relative_strength": -2.077476, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.980677, "energy": 43.275899, "activity_lines": [ 20.818667, 21.930182, 23.598053, 23.645909 ] } ], "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." } } }