{ "ticker": { "uuid": "76c5cee7-dec3-4721-86c6-ae42bf0dcb73", "symbol": "603860", "name": "RoadMainT 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": -61.12, "architecture_energy": 53.051, "architecture_maturity": 67.124, "architecture_confidence": 89.34, "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": 11.38, "rotation_up": 25.47, "upward_expansion": 9.0, "deceleration": 60.83, "rotation_down": 50.53, "downward_expansion": 80.0 }, "activity_lines": [ 24.488, 24.629273, 26.479055, 27.793947 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 25.66, "trend_reference": 29.327477, "distance_from_trend": -0.125053, "trend_direction": "Weakening", "fair_value": 29.027606, "distance_from_fair_value": -0.116014, "fair_value_direction": "Weakening", "relative_strength": -13.963538, "relative_strength_direction": "Weakening", "price_momentum": -0.198667, "excess_performance": -0.155463, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.125053, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.059974, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.116014, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.23351, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.139635, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.098646, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.198667, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.290453, "read": "Supply-led" } ], "volume": { "latest": 6016400, "relative_activity": 1.099753, "balance": 0.290453, "dry_up": 1.204203, "accumulation_observations": 2, "distribution_observations": 6 }, "risk": { "range_context": 0.07811, "annualized_volatility": 0.316012, "from_high_reference": -0.260149, "from_low_reference": 0.166364 }, "levels": { "trend_reference": 29.327477, "fair_value_reference": 29.027606, "structural_low": 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"Early contraction", "gate": "down", "direction": -67.91783, "energy": 87.716434, "activity_lines": [ 25.352667, 26.949382, 28.777988, 29.593291 ] }, { "date": "2026-07-10", "close": 24.4, "volume": 6001900, "typical_volume": 5226518.55, "trend": 30.050927, "fair_value": 29.112015, "relative_strength": -21.494564, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.711204, "energy": 89.825842, "activity_lines": [ 24.878667, 26.209336, 28.246668, 29.215591 ] }, { "date": "2026-07-17", "close": 24.030001, "volume": 5970700, "typical_volume": 5322183.55, "trend": 29.871585, "fair_value": 29.086214, "relative_strength": -17.367026, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.884052, "energy": 87.723336, "activity_lines": [ 24.488001, 25.550521, 27.719525, 28.827144 ] }, { "date": "2026-07-24", "close": 22.68, "volume": 7719140, "typical_volume": 5392535.6, "trend": 29.642278, "fair_value": 29.055347, "relative_strength": -22.44506, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.845006, "energy": 73.406698, "activity_lines": [ 23.827334, 24.802568, 27.106263, 28.363171 ] }, { "date": "2026-07-31", "close": 24.629999, "volume": 6645000, "typical_volume": 5468935.55, "trend": 29.470689, "fair_value": 29.036917, "relative_strength": -15.634398, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.85059, "energy": 62.172203, "activity_lines": [ 24.008667, 24.567273, 26.724665, 28.039798 ] }, { "date": "2026-08-07", "close": 25.66, "volume": 6016400, "typical_volume": 5470680.55, "trend": 29.327477, "fair_value": 29.027606, "relative_strength": -13.963538, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.120065, "energy": 53.050627, "activity_lines": [ 24.488, 24.629273, 26.479055, 27.793947 ] } ], "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." } } }