{ "ticker": { "uuid": "b9b9f167-7311-4f35-b1ea-e8581311a67f", "symbol": "688550", "name": "Xi'an Manareco New Materials 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": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "down", "architecture_direction": -45.303, "architecture_energy": 36.095, "architecture_maturity": 25.941, "architecture_confidence": 60.954, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 42.63, "rotation_up": 11.93, "upward_expansion": 13.5, "deceleration": 58.68, "rotation_down": 67.35, "downward_expansion": 70.17 }, "activity_lines": [ 40.328666, 43.66, 44.301911, 44.098662 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.333333 }, "latest_close": 39.389999, "trend_reference": 44.494406, "distance_from_trend": -0.11472, "trend_direction": "Weakening", "fair_value": 34.121784, "distance_from_fair_value": 0.154394, "fair_value_direction": "Weakening", "relative_strength": -12.054248, "relative_strength_direction": "Improving", "price_momentum": -0.208302, "excess_performance": -0.165098, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.11472, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.004814, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.154394, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.145024, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.120542, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.003111, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.208302, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.094043, "read": "Demand-led" } ], "volume": { "latest": 23179065, "relative_activity": 0.960359, "balance": 1.094043, "dry_up": 1.377957, "accumulation_observations": 4, "distribution_observations": 4 }, "risk": { "range_context": 0.194265, "annualized_volatility": 0.536423, "from_high_reference": -0.323428, "from_low_reference": 0.144725 }, "levels": { "trend_reference": 44.494406, "fair_value_reference": 34.121784, 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"regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 21.757833, "energy": 12.312767, "activity_lines": [ 46.291334, 46.794636, 45.499727, 45.025504 ] }, { "date": "2026-07-31", "close": 35.84, "volume": 27375623, "typical_volume": 23688890.3, "trend": 44.666775, "fair_value": 34.039309, "relative_strength": -17.93439, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.564152, "energy": 21.584034, "activity_lines": [ 42.23, 44.778727, 44.711007, 44.439099 ] }, { "date": "2026-08-07", "close": 39.389999, "volume": 23179065, "typical_volume": 24135835.35, "trend": 44.494406, "fair_value": 34.121784, "relative_strength": -12.054248, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -45.3029, "energy": 36.095431, "activity_lines": [ 40.328666, 43.66, 44.301911, 44.098662 ] } ], "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." } } }