{ "ticker": { "uuid": "7a574d0e-2a15-4d89-b2a5-2e644afe4deb", "symbol": "603280", "name": "Fujian South Highway Machinery 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": -63.817, "architecture_energy": 63.428, "architecture_maturity": 98.754, "architecture_confidence": 94.084, "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": 12.25, "rotation_up": 26.56, "upward_expansion": 12.0, "deceleration": 60.8, "rotation_down": 53.63, "downward_expansion": 83.0 }, "activity_lines": [ 24.71, 25.203844, 27.372673, 29.628125 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 25.4, "trend_reference": 32.762789, "distance_from_trend": -0.22473, "trend_direction": "Weakening", "fair_value": 27.079311, "distance_from_fair_value": -0.062015, "fair_value_direction": "Weakening", "relative_strength": -30.18756, "relative_strength_direction": "Weakening", "price_momentum": -0.349052, "excess_performance": -0.305848, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.22473, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.125785, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.062015, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.334268, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.301876, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.149764, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.349052, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.359199, "read": "Supply-led" } ], "volume": { "latest": 7950206, "relative_activity": 1.539131, "balance": 0.359199, "dry_up": 1.075573, "accumulation_observations": 1, "distribution_observations": 4 }, "risk": { "range_context": 0.08264, "annualized_volatility": 0.348437, "from_high_reference": -0.588997, "from_low_reference": 0.113547 }, "levels": { "trend_reference": 32.762789, "fair_value_reference": 27.079311, "structural_low": 22.809999, 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"regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.613424, "energy": 77.512585, "activity_lines": [ 25.360214, 26.440881, 29.141297, 31.380922 ] }, { "date": "2026-07-24", "close": 23.42, "volume": 5203850, "typical_volume": 6366314.25, "trend": 33.599122, "fair_value": 27.057541, "relative_strength": -35.341428, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.568311, "energy": 71.855201, "activity_lines": [ 24.597808, 25.674843, 28.374327, 30.691474 ] }, { "date": "2026-07-31", "close": 24.879999, "volume": 4816960, "typical_volume": 5863060.75, "trend": 33.162789, "fair_value": 27.063827, "relative_strength": -31.085321, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.189806, "energy": 66.066472, "activity_lines": [ 24.553999, 25.340003, 27.811071, 30.12895 ] }, { "date": "2026-08-07", "close": 25.4, "volume": 7950206, "typical_volume": 5165384.55, "trend": 32.762789, "fair_value": 27.079311, "relative_strength": -30.18756, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.817134, "energy": 63.428206, "activity_lines": [ 24.71, 25.203844, 27.372673, 29.628125 ] } ], "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." } } }