{ "ticker": { "uuid": "93b7e632-1bec-4635-b58e-fee21f297111", "symbol": "600316", "name": "Jiangxi Hongdu Aviation Industry 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": "Early contraction", "architecture_gate": "down", "architecture_direction": -63.961, "architecture_energy": 76.643, "architecture_maturity": 40.842, "architecture_confidence": 96, "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": 11.21, "rotation_up": 22.78, "upward_expansion": 18.38, "deceleration": 40.01, "rotation_down": 57.76, "downward_expansion": 89.38 }, "activity_lines": [ 25.666, 26.473129, 28.838373, 31.414904 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 25.940001, "trend_reference": 34.63644, "distance_from_trend": -0.251078, "trend_direction": "Weakening", "fair_value": 28.826688, "distance_from_fair_value": -0.100139, "fair_value_direction": "Weakening", "relative_strength": -25.615561, "relative_strength_direction": "Weakening", "price_momentum": -0.379277, "excess_performance": -0.336074, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.251078, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.054, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.100139, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.417783, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.256156, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.172106, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.379277, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.422377, "read": "Supply-led" } ], "volume": { "latest": 54264760, "relative_activity": 1.100124, "balance": 0.422377, "dry_up": 1.113524, "accumulation_observations": 2, "distribution_observations": 5 }, "risk": { "range_context": 0.095641, "annualized_volatility": 0.432859, "from_high_reference": -0.455728, "from_low_reference": 0.092671 }, "levels": { "trend_reference": 34.63644, "fair_value_reference": 28.826688, "structural_low": 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"trend": 35.38344, "fair_value": 28.772601, "relative_strength": -25.096983, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.346481, "energy": 64.327449, "activity_lines": [ 27.464131, 27.933857, 31.001371, 33.322151 ] }, { "date": "2026-07-24", "close": 24.879999, "volume": 58591916, "typical_volume": 47952713.0, "trend": 35.17344, "fair_value": 28.786764, "relative_strength": -27.993596, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.68519, "energy": 65.462922, "activity_lines": [ 26.554, 27.238112, 30.160689, 32.644509 ] }, { "date": "2026-07-31", "close": 25.110001, "volume": 58515733, "typical_volume": 48296527.55, "trend": 34.93544, "fair_value": 28.801953, "relative_strength": -26.795083, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.989725, "energy": 73.207024, "activity_lines": [ 25.928667, 26.725439, 29.427531, 31.995255 ] }, { "date": "2026-08-07", "close": 25.940001, "volume": 54264760, "typical_volume": 49326028.0, "trend": 34.63644, "fair_value": 28.826688, "relative_strength": -25.615561, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.961388, "energy": 76.642636, "activity_lines": [ 25.666, 26.473129, 28.838373, 31.414904 ] } ], "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." } } }