{ "ticker": { "uuid": "becff4c8-ab1a-4960-a080-90edf4125d16", "symbol": "600078", "name": "Jiangsu ChengXing Phosph-Chemicals 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": 58.403, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Structural failure", "architecture_gate": "down", "architecture_direction": -62.848, "architecture_energy": 69.712, "architecture_maturity": 14.28, "architecture_confidence": 68.739, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 22.74, "rotation_up": 8.94, "upward_expansion": 15.42, "deceleration": 37.24, "rotation_down": 74.58, "downward_expansion": 91.08 }, "activity_lines": [ 10.07, 10.978545, 12.04719, 12.274086 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 11.05, "trend_reference": 12.325667, "distance_from_trend": -0.103497, "trend_direction": "Improving", "fair_value": 7.929826, "distance_from_fair_value": 0.393473, "fair_value_direction": "Weakening", "relative_strength": 3.318286, "relative_strength_direction": "Weakening", "price_momentum": -0.131289, "excess_performance": -0.088085, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.103497, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.028167, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.393473, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.527742, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.033183, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.460452, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.131289, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.958282, "read": "Supply-led" } ], "volume": { "latest": 129319837, "relative_activity": 0.905936, "balance": 0.958282, "dry_up": 0.759339, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.182249, "annualized_volatility": 0.77444, "from_high_reference": -0.345379, "from_low_reference": 0.841667 }, "levels": { "trend_reference": 12.325667, "fair_value_reference": 7.929826, "structural_low": 8.28, "invalidation": "Reclaiming a 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"typical_volume": 157444819.45, "trend": 12.301333, "fair_value": 7.906055, "relative_strength": -10.028463, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.677242, "energy": 62.043311, "activity_lines": [ 10.457333, 11.643818, 12.481952, 12.530108 ] }, { "date": "2026-07-31", "close": 9.56, "volume": 77441087, "typical_volume": 147889308.25, "trend": 12.277, "fair_value": 7.91071, "relative_strength": -7.409608, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.394975, "energy": 65.316773, "activity_lines": [ 9.845333, 11.130545, 12.183857, 12.353247 ] }, { "date": "2026-08-07", "close": 11.05, "volume": 129319837, "typical_volume": 142747210.5, "trend": 12.325667, "fair_value": 7.929826, "relative_strength": 3.318286, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -62.848211, "energy": 69.711924, "activity_lines": [ 10.07, 10.978545, 12.04719, 12.274086 ] } ], "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." } } }