{ "ticker": { "uuid": "806ed1e0-7257-4b80-a926-b6df54d8508b", "symbol": "600027", "name": "Huadian Power International Corporation Limited", "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": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 90.816, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -36.676, "architecture_energy": 18.801, "architecture_maturity": 46.299, "architecture_confidence": 74.312, "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": 44.45, "rotation_up": 23.55, "upward_expansion": 13.35, "deceleration": 46.31, "rotation_down": 31.56, "downward_expansion": 61.02 }, "activity_lines": [ 4.697333, 4.662805, 4.762779, 4.817501 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 4.67, "trend_reference": 4.880715, "distance_from_trend": -0.043173, "trend_direction": "Weakening", "fair_value": 5.261521, "distance_from_fair_value": -0.112424, "fair_value_direction": "Weakening", "relative_strength": -6.465239, "relative_strength_direction": "Improving", "price_momentum": -0.046939, "excess_performance": -0.003735, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.043173, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.03483, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.112424, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.043548, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.064652, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.062542, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.046939, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.430372, "read": "Demand-led" } ], "volume": { "latest": 343251956, "relative_activity": 0.679871, "balance": 1.430372, "dry_up": 0.844351, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.06331, "annualized_volatility": 0.293467, "from_high_reference": -0.159624, "from_low_reference": 0.063781 }, "levels": { "trend_reference": 4.880715, "fair_value_reference": 5.261521, "structural_low": 4.39, "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": 19, "median_return": 0.014344, "positive_rate": 0.736842, "directional_follow_through": 0.263158, "median_excess_return": 0.013401, "regime_survival": 0.631579, "best_return": 0.116213, "worst_return": -0.102941, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.021862, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.036717, "regime_survival": 0.375, "best_return": 0.264706, "worst_return": -0.0625, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.021911, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": -0.101133, "regime_survival": 0.2, "best_return": 0.772827, "worst_return": -0.087551, "sufficient": true }, { "horizon": "Full cycle", 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"typical_volume": 559236928.45, "trend": 4.922048, "fair_value": 5.281525, "relative_strength": -3.6114, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.565643, "energy": 68.465108, "activity_lines": [ 4.561092, 4.70199, 4.79899, 4.852822 ] }, { "date": "2026-07-24", "close": 4.69, "volume": 566085410, "typical_volume": 543236054.05, "trend": 4.905048, "fair_value": 5.272171, "relative_strength": -3.671137, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.738763, "energy": 48.659765, "activity_lines": [ 4.606, 4.675935, 4.781222, 4.837851 ] }, { "date": "2026-07-31", "close": 4.81, "volume": 380217153, "typical_volume": 521737586.2, "trend": 4.890381, "fair_value": 5.266565, "relative_strength": -1.373608, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.878959, "energy": 24.965338, "activity_lines": [ 4.686667, 4.680592, 4.777453, 4.831719 ] }, { "date": "2026-08-07", "close": 4.67, "volume": 343251956, "typical_volume": 504878155.8, "trend": 4.880715, "fair_value": 5.261521, "relative_strength": -6.465239, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.6763, "energy": 18.801229, "activity_lines": [ 4.697333, 4.662805, 4.762779, 4.817501 ] } ], "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." } } }