{ "ticker": { "uuid": "c88475df-687f-449b-9659-e2016568eb45", "symbol": "603223", "name": "Hengtong Logistics 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": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 32.166, "architecture_energy": 23.635, "architecture_maturity": 62.484, "architecture_confidence": 88.722, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 49.7, "rotation_up": 25.79, "upward_expansion": 56.88, "deceleration": 88.33, "rotation_down": 32.87, "downward_expansion": 18.22 }, "activity_lines": [ 10.860667, 11.310325, 10.725398, 10.314058 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 10.94, "trend_reference": 9.964044, "distance_from_trend": 0.097948, "trend_direction": "Improving", "fair_value": 9.374538, "distance_from_fair_value": 0.166991, "fair_value_direction": "Improving", "relative_strength": 10.994469, "relative_strength_direction": "Improving", "price_momentum": 0.075713, "excess_performance": 0.118917, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.097948, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.038666, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.166991, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.180101, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.109945, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.220886, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.075713, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.530618, "read": "Supply-led" } ], "volume": { "latest": 54431153, "relative_activity": 0.922947, "balance": 0.530618, "dry_up": 1.464359, "accumulation_observations": 2, "distribution_observations": 4 }, "risk": { "range_context": 0.154424, "annualized_volatility": 0.580841, "from_high_reference": -0.287296, "from_low_reference": 0.345633 }, "levels": { "trend_reference": 9.964044, "fair_value_reference": 9.374538, "structural_low": 8.13, "invalidation": "A 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"gate": "up", "direction": 81.647901, "energy": 90.232551, "activity_lines": [ 12.716, 11.509858, 10.438423, 10.105123 ] }, { "date": "2026-07-17", "close": 11.13, "volume": 149875034, "typical_volume": 60640547.2, "trend": 9.857378, "fair_value": 9.432863, "relative_strength": 17.623185, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.934027, "energy": 76.681408, "activity_lines": [ 12.474667, 11.574968, 10.561988, 10.190798 ] }, { "date": "2026-07-24", "close": 10.25, "volume": 79346725, "typical_volume": 57743050.3, "trend": 9.882711, "fair_value": 9.411523, "relative_strength": 7.183179, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.314037, "energy": 47.284261, "activity_lines": [ 11.814667, 11.450212, 10.594315, 10.216128 ] }, { "date": "2026-07-31", "close": 10.37, "volume": 61791643, "typical_volume": 57933390.0, "trend": 9.909378, "fair_value": 9.391141, "relative_strength": 8.191318, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.830485, "energy": 23.929331, "activity_lines": [ 11.188667, 11.326189, 10.635356, 10.247566 ] }, { "date": "2026-08-07", "close": 10.94, "volume": 54431153, "typical_volume": 58975369.4, "trend": 9.964044, "fair_value": 9.374538, "relative_strength": 10.994469, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.165576, "energy": 23.63491, "activity_lines": [ 10.860667, 11.310325, 10.725398, 10.314058 ] } ], "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." } } }