{ "ticker": { "uuid": "94ebd3e6-e3c5-4c39-ab06-24e12a477c67", "symbol": "601022", "name": "Ningbo Ocean Shipping 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": "Established contraction", "architecture_gate": "down", "architecture_direction": -35.925, "architecture_energy": 20.099, "architecture_maturity": 91.983, "architecture_confidence": 68.016, "architecture_tenure": "Established", "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": 38.56, "rotation_up": 26.97, "upward_expansion": 19.33, "deceleration": 46.8, "rotation_down": 24.57, "downward_expansion": 55.66 }, "activity_lines": [ 8.074667, 7.979368, 8.122388, 8.377294 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 8.05, "trend_reference": 8.739401, "distance_from_trend": -0.078884, "trend_direction": "Weakening", "fair_value": 9.012462, "distance_from_fair_value": -0.106792, "fair_value_direction": "Weakening", "relative_strength": -11.635611, "relative_strength_direction": "Improving", "price_momentum": -0.192578, "excess_performance": -0.149374, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.078884, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.058489, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.106792, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.076481, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.116356, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.034514, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.192578, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.463805, "read": "Demand-led" } ], "volume": { "latest": 24256565, "relative_activity": 0.753253, "balance": 1.463805, "dry_up": 0.829767, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.062326, "annualized_volatility": 0.253537, "from_high_reference": -0.29324, "from_low_reference": 0.073333 }, "levels": { "trend_reference": 8.739401, "fair_value_reference": 9.012462, "structural_low": 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8.651488 ] }, { "date": "2026-07-10", "close": 7.7, "volume": 18556407, "typical_volume": 54807798.1, "trend": 8.892401, "fair_value": 9.065471, "relative_strength": -18.510785, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.139856, "energy": 55.889771, "activity_lines": [ 7.788181, 7.936241, 8.278141, 8.571419 ] }, { "date": "2026-07-17", "close": 7.95, "volume": 27402678, "typical_volume": 52500713.65, "trend": 8.850401, "fair_value": 9.051975, "relative_strength": -10.158458, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.623869, "energy": 48.759015, "activity_lines": [ 7.84, 7.903941, 8.214132, 8.510619 ] }, { "date": "2026-07-24", "close": 8.01, "volume": 30196208, "typical_volume": 39290908.9, "trend": 8.809401, "fair_value": 9.038305, "relative_strength": -10.085249, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.139021, "energy": 40.441009, "activity_lines": [ 7.892667, 7.900067, 8.164979, 8.4564 ] }, { "date": "2026-07-31", "close": 8.31, "volume": 25026465, "typical_volume": 34532532.3, "trend": 8.776734, "fair_value": 9.027054, "relative_strength": -6.697131, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.915543, "energy": 27.551952, "activity_lines": [ 8.05, 7.960125, 8.153446, 8.42418 ] }, { "date": "2026-08-07", "close": 8.05, "volume": 24256565, "typical_volume": 32202397.3, "trend": 8.739401, "fair_value": 9.012462, "relative_strength": -11.635611, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.925023, "energy": 20.099472, "activity_lines": [ 8.074667, 7.979368, 8.122388, 8.377294 ] } ], "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." } } }