{ "ticker": { "uuid": "89ae26ea-f5c7-425b-a733-526a97779d6a", "symbol": "300586", "name": "Malion New Materials 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": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -26.884, "architecture_energy": 55.011, "architecture_maturity": 19.95, "architecture_confidence": 78.357, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 31.66, "rotation_up": 14.01, "upward_expansion": 24.36, "deceleration": 54.2, "rotation_down": 69.22, "downward_expansion": 49.36 }, "activity_lines": [ 8.543333, 10.348182, 11.132571, 11.012452 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 9.28, "trend_reference": 10.909667, "distance_from_trend": -0.149378, "trend_direction": "Improving", "fair_value": 9.183647, "distance_from_fair_value": 0.010492, "fair_value_direction": "Weakening", "relative_strength": -18.212702, "relative_strength_direction": "Weakening", "price_momentum": -0.101646, "excess_performance": -0.109045, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.149378, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.027405, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.010492, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.265613, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.182127, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.066366, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.101646, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.280834, "read": "Demand-led" } ], "volume": { "latest": 127488610, "relative_activity": 0.959479, "balance": 1.280834, "dry_up": 1.158104, "accumulation_observations": 4, "distribution_observations": 4 }, "risk": { "range_context": 0.196784, "annualized_volatility": 0.787263, "from_high_reference": -0.426098, "from_low_reference": 0.374815 }, "levels": { "trend_reference": 10.909667, "fair_value_reference": 9.183647, "structural_low": 6.75, "invalidation": "Reclaiming 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"activity_lines": [ 11.94, 12.554909, 12.022429, 11.584882 ] }, { "date": "2026-07-24", "close": 7.52, "volume": 189546334, "typical_volume": 125653505.05, "trend": 11.085333, "fair_value": 9.225306, "relative_strength": -32.774527, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.913483, "energy": 41.015465, "activity_lines": [ 10.092, 11.630182, 11.65681, 11.348495 ] }, { "date": "2026-07-31", "close": 7.56, "volume": 133611269, "typical_volume": 129736544.25, "trend": 10.963333, "fair_value": 9.196257, "relative_strength": -30.59767, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.824903, "energy": 51.15831, "activity_lines": [ 8.769333, 10.789091, 11.306762, 11.121054 ] }, { "date": "2026-08-07", "close": 9.28, "volume": 127488610, "typical_volume": 132872807.65, "trend": 10.909667, "fair_value": 9.183647, "relative_strength": -18.212702, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.88364, "energy": 55.010844, "activity_lines": [ 8.543333, 10.348182, 11.132571, 11.012452 ] } ], "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." } } }