{ "ticker": { "uuid": "82d05c8a-9330-4303-b036-2a425c01d964", "symbol": "603577", "name": "Qingdao Huijintong Power Equipment 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": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 83.272, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -41.159, "architecture_energy": 26.912, "architecture_maturity": 42.553, "architecture_confidence": 58.639, "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": 39.69, "rotation_up": 22.2, "upward_expansion": 14.28, "deceleration": 66.0, "rotation_down": 37.98, "downward_expansion": 61.95 }, "activity_lines": [ 9.382, 9.354182, 9.778961, 10.106941 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 9.9, "trend_reference": 10.479391, "distance_from_trend": -0.055289, "trend_direction": "Weakening", "fair_value": 8.82012, "distance_from_fair_value": 0.122434, "fair_value_direction": "Weakening", "relative_strength": -1.918794, "relative_strength_direction": "Weakening", "price_momentum": -0.094813, "excess_performance": -0.051609, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.055289, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.019689, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.122434, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.166229, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.019188, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.054131, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.094813, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.704698, "read": "Supply-led" } ], "volume": { "latest": 44472337, "relative_activity": 1.595518, "balance": 0.704698, "dry_up": 1.265114, "accumulation_observations": 2, "distribution_observations": 4 }, "risk": { "range_context": 0.109631, "annualized_volatility": 0.456043, "from_high_reference": -0.187179, "from_low_reference": 0.195652 }, "levels": { "trend_reference": 10.479391, "fair_value_reference": 8.82012, "structural_low": 8.28, "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": 20, "median_return": -0.006622, "positive_rate": 0.45, "directional_follow_through": 0.5, "median_excess_return": -0.004569, "regime_survival": 0.75, "best_return": 0.323232, "worst_return": -0.120101, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.016288, "positive_rate": 0.625, "directional_follow_through": 0.375, "median_excess_return": 0.047915, "regime_survival": 0.625, "best_return": 0.335017, "worst_return": -0.163934, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.116162, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": 0.105673, "regime_survival": 0.4, "best_return": 0.26796, "worst_return": -0.090739, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, 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"fair_value": 8.821549, "relative_strength": 1.301473, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.69161, "energy": 41.047046, "activity_lines": [ 9.494667, 9.584636, 10.094801, 10.363024 ] }, { "date": "2026-07-24", "close": 8.78, "volume": 36688500, "typical_volume": 31345958.95, "trend": 10.536106, "fair_value": 8.81725, "relative_strength": -10.466331, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.365752, "energy": 39.716772, "activity_lines": [ 9.296, 9.384909, 9.934476, 10.246564 ] }, { "date": "2026-07-31", "close": 8.97, "volume": 20692300, "typical_volume": 28730950.45, "trend": 10.498048, "fair_value": 8.815046, "relative_strength": -8.723858, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.051416, "energy": 40.133912, "activity_lines": [ 9.201333, 9.265273, 9.807016, 10.145525 ] }, { "date": "2026-08-07", "close": 9.9, "volume": 44472337, "typical_volume": 27873285.2, "trend": 10.479391, "fair_value": 8.82012, "relative_strength": -1.918794, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.159123, "energy": 26.911594, "activity_lines": [ 9.382, 9.354182, 9.778961, 10.106941 ] } ], "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." } } }