{ "ticker": { "uuid": "9e439b72-d8cc-4791-95a9-a751469387db", "symbol": "301125", "name": "Nanjing Toua Hardware and Tools 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": 62.137, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -62.151, "architecture_energy": 60.592, "architecture_maturity": 9.086, "architecture_confidence": 83.786, "architecture_tenure": "New", "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": 19.72, "rotation_up": 11.53, "upward_expansion": 12.17, "deceleration": 40.42, "rotation_down": 69.96, "downward_expansion": 87.84 }, "activity_lines": [ 12.766667, 13.355091, 14.58822, 14.967404 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 13.91, "trend_reference": 15.261776, "distance_from_trend": -0.088573, "trend_direction": "Improving", "fair_value": 10.38572, "distance_from_fair_value": 0.339339, "fair_value_direction": "Weakening", "relative_strength": -7.707696, "relative_strength_direction": "Weakening", "price_momentum": -0.077216, "excess_performance": -0.084616, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.088573, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.020789, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.339339, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.526893, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.077077, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.212625, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.077216, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.669222, "read": "Supply-led" } ], "volume": { "latest": 23053405, "relative_activity": 1.108593, "balance": 0.669222, "dry_up": 1.261764, "accumulation_observations": 2, "distribution_observations": 4 }, "risk": { "range_context": 0.140605, "annualized_volatility": 0.56694, "from_high_reference": -0.274612, "from_low_reference": 0.302434 }, "levels": { "trend_reference": 15.261776, "fair_value_reference": 10.38572, "structural_low": 10.68, 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15.812314 ] }, { "date": "2026-07-10", "close": 12.65, "volume": 19303640, "typical_volume": 22070141.8, "trend": 15.281495, "fair_value": 10.330058, "relative_strength": -21.131829, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -39.817195, "energy": 50.603264, "activity_lines": [ 14.193333, 15.148455, 15.675987, 15.641745 ] }, { "date": "2026-07-17", "close": 12.78, "volume": 37617295, "typical_volume": 22701240.6, "trend": 15.26971, "fair_value": 10.343645, "relative_strength": -12.448736, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.666358, "energy": 62.780997, "activity_lines": [ 13.534667, 14.56473, 15.383636, 15.480359 ] }, { "date": "2026-07-24", "close": 11.82, "volume": 26930946, "typical_volume": 22715954.65, "trend": 15.245901, "fair_value": 10.348671, "relative_strength": -19.168945, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.82095, "energy": 68.539459, "activity_lines": [ 12.757333, 13.912114, 15.020224, 15.257797 ] }, { "date": "2026-07-31", "close": 12.07, "volume": 17352863, "typical_volume": 22183612.35, "trend": 15.235181, "fair_value": 10.358811, "relative_strength": -16.037756, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -69.813812, "energy": 76.360307, "activity_lines": [ 12.372, 13.414182, 14.703761, 15.0529 ] }, { "date": "2026-08-07", "close": 13.91, "volume": 23053405, "typical_volume": 20795194.55, "trend": 15.261776, "fair_value": 10.38572, "relative_strength": -7.707696, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.150507, "energy": 60.592493, "activity_lines": [ 12.766667, 13.355091, 14.58822, 14.967404 ] } ], "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." } } }