{ "ticker": { "uuid": "ba1ab52a-0ddc-430b-bb2d-57e0db521369", "symbol": "600435", "name": "North Navigation Control 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": -65.586, "architecture_energy": 65.036, "architecture_maturity": 53.435, "architecture_confidence": 95.048, "architecture_tenure": "Developing", "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": 8.22, "rotation_up": 21.55, "upward_expansion": 12.0, "deceleration": 57.21, "rotation_down": 62.52, "downward_expansion": 85.33 }, "activity_lines": [ 10.456, 10.78, 11.700548, 12.657521 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 10.52, "trend_reference": 14.106767, "distance_from_trend": -0.254259, "trend_direction": "Weakening", "fair_value": 11.705524, "distance_from_fair_value": -0.101279, "fair_value_direction": "Weakening", "relative_strength": -26.353799, "relative_strength_direction": "Weakening", "price_momentum": -0.361256, "excess_performance": -0.318052, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.254259, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.066795, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.101279, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.406619, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.263538, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.207021, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.361256, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.328287, "read": "Supply-led" } ], "volume": { "latest": 87261815, "relative_activity": 0.922201, "balance": 0.328287, "dry_up": 1.085215, "accumulation_observations": 2, "distribution_observations": 5 }, "risk": { "range_context": 0.090316, "annualized_volatility": 0.400965, "from_high_reference": -0.532626, "from_low_reference": 0.101571 }, "levels": { "trend_reference": 14.106767, "fair_value_reference": 11.705524, "structural_low": 9.55, "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": 17, "median_return": 0.011792, "positive_rate": 0.529412, "directional_follow_through": 0.470588, "median_excess_return": -0.00141, "regime_survival": 0.764706, "best_return": 0.317633, "worst_return": -0.177183, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.004121, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": 0.036256, "regime_survival": 0.4, "best_return": 0.330488, "worst_return": -0.050806, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.072758, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.022951, "regime_survival": 0.5, "best_return": 0.182127, "worst_return": -0.106679, "sufficient": false }, { "horizon": "Full cycle", 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"relative_strength": -26.679296, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.080444, "energy": 68.813221, "activity_lines": [ 10.581333, 11.063636, 12.151983, 13.14529 ] }, { "date": "2026-07-31", "close": 10.6, "volume": 101275925, "typical_volume": 97495847.3, "trend": 14.269161, "fair_value": 11.706493, "relative_strength": -24.503768, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.045603, "energy": 65.638935, "activity_lines": [ 10.515333, 10.909818, 11.917074, 12.899402 ] }, { "date": "2026-08-07", "close": 10.52, "volume": 87261815, "typical_volume": 94623425.95, "trend": 14.106767, "fair_value": 11.705524, "relative_strength": -26.353799, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.586335, "energy": 65.036338, "activity_lines": [ 10.456, 10.78, 11.700548, 12.657521 ] } ], "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." } } }