{ "ticker": { "uuid": "a9814bad-dd45-4f44-9e44-44c2e197a804", "symbol": "603076", "name": "Ningbo Lehui International Engineering Equipment 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": "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": -62.947, "architecture_energy": 68.273, "architecture_maturity": 23.809, "architecture_confidence": 96, "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": 17.99, "rotation_up": 17.89, "upward_expansion": 14.97, "deceleration": 42.05, "rotation_down": 61.0, "downward_expansion": 85.97 }, "activity_lines": [ 19.596, 20.198219, 22.829868, 24.088515 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 20.139999, "trend_reference": 25.100024, "distance_from_trend": -0.19761, "trend_direction": "Weakening", "fair_value": 25.263675, "distance_from_fair_value": -0.202808, "fair_value_direction": "Weakening", "relative_strength": -19.544002, "relative_strength_direction": "Weakening", "price_momentum": -0.170511, "excess_performance": -0.127307, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.19761, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.043418, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.202808, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.375836, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.19544, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.267318, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.170511, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.161745, "read": "Supply-led" } ], "volume": { "latest": 8731271, "relative_activity": 0.523687, "balance": 0.161745, "dry_up": 0.649943, "accumulation_observations": 0, "distribution_observations": 3 }, "risk": { "range_context": 0.11887, "annualized_volatility": 0.418397, "from_high_reference": -0.393087, "from_low_reference": 0.144969 }, "levels": { "trend_reference": 25.100024, "fair_value_reference": 25.263675, "structural_low": 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21.874899, 24.609259, 25.254778 ] }, { "date": "2026-07-24", "close": 18.1, "volume": 12842048, "typical_volume": 16818363.05, "trend": 25.349357, "fair_value": 25.574933, "relative_strength": -26.540857, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.015183, "energy": 82.385893, "activity_lines": [ 19.634666, 20.907292, 23.86116, 24.774927 ] }, { "date": "2026-07-31", "close": 19.780001, "volume": 11713519, "typical_volume": 16717803.7, "trend": 25.210024, "fair_value": 25.420697, "relative_strength": -19.429405, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.832717, "energy": 75.010754, "activity_lines": [ 19.545334, 20.45144, 23.3123, 24.415613 ] }, { "date": "2026-08-07", "close": 20.139999, "volume": 8731271, "typical_volume": 16672686.35, "trend": 25.100024, "fair_value": 25.263675, "relative_strength": -19.544002, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.947109, "energy": 68.27347, "activity_lines": [ 19.596, 20.198219, 22.829868, 24.088515 ] } ], "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." } } }