{ "ticker": { "uuid": "a3ea9563-34f9-4540-8449-32f315b2c62a", "symbol": "300274", "name": "Sungrow Power Supply 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": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -64.726, "architecture_energy": 72.113, "architecture_maturity": 24.424, "architecture_confidence": 78.992, "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": 16.34, "rotation_up": 9.57, "upward_expansion": 15.84, "deceleration": 38.15, "rotation_down": 75.55, "downward_expansion": 91.51 }, "activity_lines": [ 109.503335, 118.300183, 131.040901, 136.525301 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 114.160004, "trend_reference": 143.65212, "distance_from_trend": -0.205302, "trend_direction": "Weakening", "fair_value": 94.101133, "distance_from_fair_value": 0.213163, "fair_value_direction": "Weakening", "relative_strength": -24.700338, "relative_strength_direction": "Weakening", "price_momentum": -0.240334, "excess_performance": -0.247734, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.205302, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.107128, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.213163, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.348097, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.247003, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.149846, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.240334, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.541026, "read": "Demand-led" } ], "volume": { "latest": 279290556, "relative_activity": 0.934526, "balance": 1.541026, "dry_up": 1.067015, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.16925, "annualized_volatility": 0.700584, "from_high_reference": -0.453452, "from_low_reference": 0.590426 }, "levels": { "trend_reference": 143.65212, "fair_value_reference": 94.101133, 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147.643642, 149.591807 ] }, { "date": "2026-07-10", "close": 114.790001, "volume": 299049138, "typical_volume": 302583527.35, "trend": 152.161424, "fair_value": 93.331292, "relative_strength": -27.437573, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -77.647554, "energy": 67.708589, "activity_lines": [ 131.630668, 142.408729, 144.445265, 147.038085 ] }, { "date": "2026-07-17", "close": 101.610001, "volume": 349630989, "typical_volume": 310143107.45, "trend": 149.743698, "fair_value": 93.468707, "relative_strength": -29.538865, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.952796, "energy": 83.0594, "activity_lines": [ 119.651335, 134.044728, 140.151915, 143.776703 ] }, { "date": "2026-07-24", "close": 113.419998, "volume": 365821273, "typical_volume": 314720247.7, "trend": 148.082226, "fair_value": 93.686366, "relative_strength": -21.977095, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.985363, "energy": 78.389591, "activity_lines": [ 114.752001, 128.511091, 137.184268, 141.433238 ] }, { "date": "2026-07-31", "close": 103.370003, "volume": 280800140, "typical_volume": 304223871.05, "trend": 145.520808, "fair_value": 93.847313, "relative_strength": -27.98412, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.931067, "energy": 81.905175, "activity_lines": [ 108.740001, 121.86891, 133.429299, 138.548578 ] }, { "date": "2026-08-07", "close": 114.160004, "volume": 279290556, "typical_volume": 298857852.95, "trend": 143.65212, "fair_value": 94.101133, "relative_strength": -24.700338, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.725793, "energy": 72.113034, "activity_lines": [ 109.503335, 118.300183, 131.040901, 136.525301 ] } ], "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." } } }