{ "ticker": { "uuid": "740959db-b5af-4482-ab3a-ac5362ae832b", "symbol": "301129", "name": "Runa Smart Equipment 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": -63.729, "architecture_energy": 56.562, "architecture_maturity": 23.347, "architecture_confidence": 79.876, "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": 15.18, "rotation_up": 15.74, "upward_expansion": 8.99, "deceleration": 50.04, "rotation_down": 65.65, "downward_expansion": 82.32 }, "activity_lines": [ 19.935334, 20.458364, 22.541283, 23.577743 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 20.92, "trend_reference": 24.713959, "distance_from_trend": -0.153515, "trend_direction": "Weakening", "fair_value": 23.940758, "distance_from_fair_value": -0.126176, "fair_value_direction": "Weakening", "relative_strength": -21.189671, "relative_strength_direction": "Weakening", "price_momentum": -0.193913, "excess_performance": -0.201312, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.153515, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.040346, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.126176, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.225866, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.211897, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.086782, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.193913, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.572402, "read": "Demand-led" } ], "volume": { "latest": 7073309, "relative_activity": 0.731081, "balance": 1.572402, "dry_up": 0.805868, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.105697, "annualized_volatility": 0.423873, "from_high_reference": -0.395576, "from_low_reference": 0.20855 }, "levels": { "trend_reference": 24.713959, "fair_value_reference": 23.940758, 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"relative_strength": -28.096207, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.331696, "energy": 90.447266, "activity_lines": [ 20.294667, 21.977227, 23.838652, 24.557839 ] }, { "date": "2026-07-24", "close": 18.35, "volume": 8423302, "typical_volume": 11675475.5, "trend": 24.920696, "fair_value": 24.141698, "relative_strength": -29.360537, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.71788, "energy": 90.851782, "activity_lines": [ 19.435333, 21.029273, 23.216358, 24.122628 ] }, { "date": "2026-07-31", "close": 20.360001, "volume": 8150302, "typical_volume": 10217831.2, "trend": 24.805019, "fair_value": 24.030135, "relative_strength": -19.874179, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.578623, "energy": 78.504367, "activity_lines": [ 19.570667, 20.617636, 22.834919, 23.82839 ] }, { "date": "2026-08-07", "close": 20.92, "volume": 7073309, "typical_volume": 9675137.0, "trend": 24.713959, "fair_value": 23.940758, "relative_strength": -21.189671, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.729096, "energy": 56.562288, "activity_lines": [ 19.935334, 20.458364, 22.541283, 23.577743 ] } ], "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." } } }