{ "ticker": { "uuid": "90f71a0e-083f-4f11-900a-e96345f7f88a", "symbol": "000922", "name": "Harbin Electric Corporation Jiamusi Electric Machine 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": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 48.628, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -32.828, "architecture_energy": 52.423, "architecture_maturity": 6.569, "architecture_confidence": 61.085, "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": 35.41, "rotation_up": 16.34, "upward_expansion": 17.62, "deceleration": 45.35, "rotation_down": 67.59, "downward_expansion": 56.96 }, "activity_lines": [ 11.155333, 11.788182, 12.224714, 12.240315 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 11.84, "trend_reference": 12.2329, "distance_from_trend": -0.032118, "trend_direction": "Improving", "fair_value": 9.828381, "distance_from_fair_value": 0.204675, "fair_value_direction": "Weakening", "relative_strength": 0.528964, "relative_strength_direction": "Improving", "price_momentum": 0.015445, "excess_performance": 0.008045, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.032118, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.036459, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.204675, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.124739, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.00529, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.01488, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.015445, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.481844, "read": "Demand-led" } ], "volume": { "latest": 76555978, "relative_activity": 1.072822, "balance": 1.481844, "dry_up": 1.01, "accumulation_observations": 4, "distribution_observations": 4 }, "risk": { "range_context": 0.107661, "annualized_volatility": 0.454575, "from_high_reference": -0.191809, "from_low_reference": 0.263486 }, "levels": { "trend_reference": 12.2329, "fair_value_reference": 9.828381, "structural_low": 10.11, "invalidation": "A sustained loss of 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"date": "2026-07-17", "close": 10.63, "volume": 75414405, "typical_volume": 78034077.5, "trend": 12.24647, "fair_value": 9.815999, "relative_strength": -6.264622, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -19.311998, "energy": 16.980254, "activity_lines": [ 12.238667, 12.672607, 12.59175, 12.471944 ] }, { "date": "2026-07-24", "close": 10.37, "volume": 73695015, "typical_volume": 76100619.25, "trend": 12.236527, "fair_value": 9.817145, "relative_strength": -8.810431, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -35.100117, "energy": 36.640381, "activity_lines": [ 11.433333, 12.206182, 12.394276, 12.350881 ] }, { "date": "2026-07-31", "close": 10.9, "volume": 62626827, "typical_volume": 72419944.4, "trend": 12.217257, "fair_value": 9.821585, "relative_strength": -2.562954, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.206925, "energy": 49.779721, "activity_lines": [ 11.033333, 11.884364, 12.258812, 12.264654 ] }, { "date": "2026-08-07", "close": 11.84, "volume": 76555978, "typical_volume": 71359447.5, "trend": 12.2329, "fair_value": 9.828381, "relative_strength": 0.528964, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.828248, "energy": 52.422613, "activity_lines": [ 11.155333, 11.788182, 12.224714, 12.240315 ] } ], "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." } } }