{ "ticker": { "uuid": "ab909c18-311b-4bda-a19d-d18edf1bb4ef", "symbol": "600487", "name": "Hengtong Optic-Electric 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": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 76.062, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "mixed", "architecture_direction": -24.001, "architecture_energy": 41.477, "architecture_maturity": 43.811, "architecture_confidence": 43.195, "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": 38.16, "rotation_up": 14.01, "upward_expansion": 18.65, "deceleration": 69.59, "rotation_down": 67.34, "downward_expansion": 43.65 }, "activity_lines": [ 55.993334, 69.626247, 74.468211, 69.771182 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 59.52, "trend_reference": 60.890318, "distance_from_trend": -0.022505, "trend_direction": "Improving", "fair_value": 24.35746, "distance_from_fair_value": 1.443605, "fair_value_direction": "Weakening", "relative_strength": 37.016838, "relative_strength_direction": "Weakening", "price_momentum": 0.700086, "excess_performance": 0.74329, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.022505, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.466166, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 1.443605, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -1.607839, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.370168, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -1.175277, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.700086, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.813797, "read": "Supply-led" } ], "volume": { "latest": 1297687200, "relative_activity": 1.718424, "balance": 0.813797, "dry_up": 1.443362, "accumulation_observations": 4, "distribution_observations": 5 }, "risk": { "range_context": 0.254637, "annualized_volatility": 0.98607, "from_high_reference": -0.502766, "from_low_reference": 2.817832 }, "levels": { "trend_reference": 60.890318, "fair_value_reference": 24.35746, "structural_low": 33.799999, "invalidation": "A 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"2026-07-17", "close": 58.389999, "volume": 1009647281, "typical_volume": 697949228.65, "trend": 58.036318, "fair_value": 23.616672, "relative_strength": 47.921715, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 19.821121, "energy": 17.352671, "activity_lines": [ 80.211634, 86.381716, 79.740395, 70.880792 ] }, { "date": "2026-07-24", "close": 52.43, "volume": 1158667552, "typical_volume": 715917447.35, "trend": 58.991985, "fair_value": 23.863254, "relative_strength": 28.882033, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.489787, "energy": 26.302383, "activity_lines": [ 67.897, 80.297455, 77.920349, 70.519094 ] }, { "date": "2026-07-31", "close": 47.610001, "volume": 893883985, "typical_volume": 722439793.3, "trend": 59.730652, "fair_value": 24.069494, "relative_strength": 14.81963, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -36.190151, "energy": 45.314667, "activity_lines": [ 57.862667, 73.649499, 75.622209, 69.784773 ] }, { "date": "2026-08-07", "close": 59.52, "volume": 1297687200, "typical_volume": 755161334.05, "trend": 60.890318, "fair_value": 24.35746, "relative_strength": 37.016838, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -24.00111, "energy": 41.47689, "activity_lines": [ 55.993334, 69.626247, 74.468211, 69.771182 ] } ], "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." } } }