{ "ticker": { "uuid": "a13671b6-e969-4968-80bd-1e4b01cbbd10", "symbol": "688459", "name": "China Railway Harbin Group of Technology Corporation", "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": -57.711, "architecture_energy": 44.499, "architecture_maturity": 70.869, "architecture_confidence": 88.892, "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": 15.0, "rotation_up": 26.44, "upward_expansion": 6.76, "deceleration": 58.21, "rotation_down": 45.83, "downward_expansion": 77.76 }, "activity_lines": [ 8.097333, 8.123727, 8.316463, 8.587154 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 8.16, "trend_reference": 8.983832, "distance_from_trend": -0.091702, "trend_direction": "Weakening", "fair_value": 9.277476, "distance_from_fair_value": -0.12045, "fair_value_direction": "Weakening", "relative_strength": -13.187078, "relative_strength_direction": "Improving", "price_momentum": -0.190476, "excess_performance": -0.147272, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.091702, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.055842, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.12045, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.096888, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.131871, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.014559, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.190476, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.519394, "read": "Supply-led" } ], "volume": { "latest": 5282084, "relative_activity": 0.879098, "balance": 0.519394, "dry_up": 0.903618, "accumulation_observations": 0, "distribution_observations": 4 }, "risk": { "range_context": 0.048434, "annualized_volatility": 0.184926, "from_high_reference": -0.290206, "from_low_reference": 0.054909 }, "levels": { "trend_reference": 8.983832, "fair_value_reference": 9.277476, "structural_low": 7.735262, 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8.200175, 8.490962, 8.783487 ] }, { "date": "2026-07-24", "close": 7.91, "volume": 5884340, "typical_volume": 6433276.85, "trend": 9.082165, "fair_value": 9.293476, "relative_strength": -13.980979, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.215904, "energy": 52.416723, "activity_lines": [ 8.093333, 8.131838, 8.409462, 8.704294 ] }, { "date": "2026-07-31", "close": 8.14, "volume": 4445327, "typical_volume": 6200882.75, "trend": 9.033499, "fair_value": 9.285412, "relative_strength": -11.453295, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.116512, "energy": 47.849161, "activity_lines": [ 8.088, 8.122029, 8.358343, 8.643509 ] }, { "date": "2026-08-07", "close": 8.16, "volume": 5282084, "typical_volume": 6008525.85, "trend": 8.983832, "fair_value": 9.277476, "relative_strength": -13.187078, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.710785, "energy": 44.498954, "activity_lines": [ 8.097333, 8.123727, 8.316463, 8.587154 ] } ], "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." } } }