{ "ticker": { "uuid": "ac2ca4e6-0762-447c-9ed1-8e5053f3d9b8", "symbol": "603628", "name": "Clenergy 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": 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": -65.756, "architecture_energy": 64.953, "architecture_maturity": 95.29, "architecture_confidence": 96, "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": 7.71, "rotation_up": 29.24, "upward_expansion": 12.0, "deceleration": 60.77, "rotation_down": 54.76, "downward_expansion": 85.33 }, "activity_lines": [ 9.245333, 9.361337, 10.211038, 11.16889 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 9.47, "trend_reference": 12.281019, "distance_from_trend": -0.228891, "trend_direction": "Weakening", "fair_value": 13.536031, "distance_from_fair_value": -0.300386, "fair_value_direction": "Weakening", "relative_strength": -26.166443, "relative_strength_direction": "Weakening", "price_momentum": -0.315257, "excess_performance": -0.272053, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.228891, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.112836, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.300386, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.216597, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.261664, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.129899, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.315257, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.210491, "read": "Supply-led" } ], "volume": { "latest": 18075325, "relative_activity": 0.526977, "balance": 0.210491, "dry_up": 0.518593, "accumulation_observations": 0, "distribution_observations": 1 }, "risk": { "range_context": 0.070215, "annualized_volatility": 0.394598, "from_high_reference": -0.457928, "from_low_reference": 0.088506 }, "levels": { "trend_reference": 12.281019, "fair_value_reference": 13.536031, "structural_low": 8.7, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 22, "median_return": -0.005272, "positive_rate": 0.454545, "directional_follow_through": 0.545455, "median_excess_return": -0.006761, "regime_survival": 0.727273, "best_return": 0.960123, "worst_return": -0.142857, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.085601, "positive_rate": 0.625, "directional_follow_through": 0.375, "median_excess_return": -0.015281, "regime_survival": 0.375, "best_return": 0.592689, "worst_return": -0.135061, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.054994, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": -0.0496, "regime_survival": 0.2, "best_return": 0.45676, "worst_return": -0.172116, "sufficient": true }, { "horizon": "Full cycle", 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"down", "direction": -78.81438, "energy": 91.59018, "activity_lines": [ 9.308337, 9.75234, 10.944285, 11.817195 ] }, { "date": "2026-07-24", "close": 8.88, "volume": 20931931, "typical_volume": 40836324.5, "trend": 12.576352, "fair_value": 13.614918, "relative_strength": -29.558987, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.85549, "energy": 86.864767, "activity_lines": [ 9.126, 9.506261, 10.639996, 11.56771 ] }, { "date": "2026-07-31", "close": 9.34, "volume": 14814900, "typical_volume": 38096566.75, "trend": 12.415352, "fair_value": 13.57332, "relative_strength": -25.699669, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.824601, "energy": 67.091364, "activity_lines": [ 9.164667, 9.40155, 10.40566, 11.358913 ] }, { "date": "2026-08-07", "close": 9.47, "volume": 18075325, "typical_volume": 34300047.75, "trend": 12.281019, "fair_value": 13.536031, "relative_strength": -26.166443, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.756249, "energy": 64.952529, "activity_lines": [ 9.245333, 9.361337, 10.211038, 11.16889 ] } ], "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." } } }