{ "ticker": { "uuid": "c1636939-1cab-4b78-bf28-a3dc990f1a9d", "symbol": "601059", "name": "Cinda Securities 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": "4c", "phase_label": "Stage 4C \u00b7 Repair watch", "transition": "stage_4_to_1_watch", "transition_label": "Stage 4 \u2192 1 repair watch", "confidence": 86.682, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "down", "architecture_direction": -23.075, "architecture_energy": 14.461, "architecture_maturity": 21.239, "architecture_confidence": 64.006, "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": 59.36, "rotation_up": 31.04, "upward_expansion": 18.76, "deceleration": 42.56, "rotation_down": 20.37, "downward_expansion": 50.43 }, "activity_lines": [ 16.539978, 16.361316, 16.408145, 16.569975 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.166667 }, "latest_close": 16.620001, "trend_reference": 16.854694, "distance_from_trend": -0.013924, "trend_direction": "Weakening", "fair_value": 16.360212, "distance_from_fair_value": 0.015879, "fair_value_direction": "Weakening", "relative_strength": -5.012818, "relative_strength_direction": "Improving", "price_momentum": -0.055145, "excess_performance": -0.011941, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.013924, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.03557, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.015879, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.028076, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.050128, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.063585, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.055145, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.792027, "read": "Demand-led" } ], "volume": { "latest": 30519306, "relative_activity": 0.830268, "balance": 1.792027, "dry_up": 1.159213, "accumulation_observations": 4, "distribution_observations": 3 }, "risk": { "range_context": 0.047918, "annualized_volatility": 0.179908, "from_high_reference": -0.231902, "from_low_reference": 0.141484 }, "levels": { "trend_reference": 16.854694, "fair_value_reference": 16.360212, 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"activity_lines": [ 15.911625, 16.167456, 16.447436, 16.717576 ] }, { "date": "2026-07-10", "close": 16.549709, "volume": 37596016, "typical_volume": 40021727.4, "trend": 17.029028, "fair_value": 16.296161, "relative_strength": -7.400558, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.762249, "energy": 34.095032, "activity_lines": [ 16.155452, 16.197382, 16.430974, 16.683985 ] }, { "date": "2026-07-17", "close": 16.469904, "volume": 62944631, "typical_volume": 40807365.85, "trend": 16.985025, "fair_value": 16.311394, "relative_strength": -1.962483, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.639273, "energy": 18.459435, "activity_lines": [ 16.34803, 16.21935, 16.412723, 16.647913 ] }, { "date": "2026-07-24", "close": 16.410049, "volume": 41922003, "typical_volume": 38747141.7, "trend": 16.932027, "fair_value": 16.327636, "relative_strength": -3.425206, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.525502, "energy": 20.329952, "activity_lines": [ 16.431996, 16.238436, 16.394676, 16.610817 ] }, { "date": "2026-07-31", "close": 16.57, "volume": 35057306, "typical_volume": 38396304.9, "trend": 16.891027, "fair_value": 16.344271, "relative_strength": -2.773621, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.779536, "energy": 18.075564, "activity_lines": [ 16.500609, 16.290239, 16.396958, 16.587461 ] }, { "date": "2026-08-07", "close": 16.620001, "volume": 30519306, "typical_volume": 36758398.75, "trend": 16.854694, "fair_value": 16.360212, "relative_strength": -5.012818, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.075358, "energy": 14.461332, "activity_lines": [ 16.539978, 16.361316, 16.408145, 16.569975 ] } ], "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." } } }