{ "ticker": { "uuid": "a03cf5ac-5b42-4681-9720-6fef403e986e", "symbol": "688419", "name": "Nextool Technology 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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "mixed", "architecture_direction": -16.198, "architecture_energy": 28.868, "architecture_maturity": 58.241, "architecture_confidence": 48.352, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 47.47, "rotation_up": 16.85, "upward_expansion": 17.57, "deceleration": 70.06, "rotation_down": 61.94, "downward_expansion": 40.24 }, "activity_lines": [ 44.325999, 51.509246, 52.294613, 51.037745 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.333333 }, "latest_close": 49.669998, "trend_reference": 48.911442, "distance_from_trend": 0.015509, "trend_direction": "Improving", "fair_value": 28.525418, "distance_from_fair_value": 0.741254, "fair_value_direction": "Improving", "relative_strength": 24.330821, "relative_strength_direction": "Improving", "price_momentum": 0.132725, "excess_performance": 0.175929, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.015509, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.22722, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.741254, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.118301, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.243308, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.051073, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.132725, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.486262, "read": "Demand-led" } ], "volume": { "latest": 26441347, "relative_activity": 1.465687, "balance": 1.486262, "dry_up": 1.37928, "accumulation_observations": 5, "distribution_observations": 4 }, "risk": { "range_context": 0.26998, "annualized_volatility": 1.109013, "from_high_reference": -0.352243, "from_low_reference": 0.967129 }, "levels": { "trend_reference": 48.911442, "fair_value_reference": 28.525418, "structural_low": 31.65, "invalidation": 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"upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.513589, "energy": 33.669171, "activity_lines": [ 60.873334, 60.167044, 55.231565, 52.373035 ] }, { "date": "2026-07-24", "close": 39.599998, "volume": 28219624, "typical_volume": 16393709.1, "trend": 47.997442, "fair_value": 28.390381, "relative_strength": 3.51207, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 7.841424, "energy": 11.663672, "activity_lines": [ 52.732, 56.798535, 54.070359, 51.858146 ] }, { "date": "2026-07-31", "close": 33.799999, "volume": 23929038, "typical_volume": 17176557.25, "trend": 48.188775, "fair_value": 28.406585, "relative_strength": -12.215845, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -23.157004, "energy": 29.614153, "activity_lines": [ 44.633999, 52.474047, 52.395105, 50.942182 ] }, { "date": "2026-08-07", "close": 49.669998, "volume": 26441347, "typical_volume": 18040245.9, "trend": 48.911442, "fair_value": 28.525418, "relative_strength": 24.330821, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -16.198305, "energy": 28.868486, "activity_lines": [ 44.325999, 51.509246, 52.294613, 51.037745 ] } ], "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." } } }