{ "ticker": { "uuid": "cdd725b5-1c2e-4b1a-bfbe-dcc2056d9f34", "symbol": "603383", "name": "Fujian Apex Software 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": -35.319, "architecture_energy": 18.987, "architecture_maturity": 100.0, "architecture_confidence": 88.963, "architecture_tenure": "Extended", "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": 33.69, "rotation_up": 29.86, "upward_expansion": 16.34, "deceleration": 44.0, "rotation_down": 29.91, "downward_expansion": 64.0 }, "activity_lines": [ 29.098, 28.417091, 29.210293, 29.899922 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 29.790001, "trend_reference": 31.405491, "distance_from_trend": -0.05144, "trend_direction": "Weakening", "fair_value": 36.004814, "distance_from_fair_value": -0.172611, "fair_value_direction": "Weakening", "relative_strength": -13.870468, "relative_strength_direction": "Improving", "price_momentum": -0.171625, "excess_performance": -0.128421, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.05144, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.081739, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.172611, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.056383, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.138705, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.064102, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.171625, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.636793, "read": "Supply-led" } ], "volume": { "latest": 30453261, "relative_activity": 1.40623, "balance": 0.636793, "dry_up": 1.332921, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.077484, "annualized_volatility": 0.360015, "from_high_reference": -0.381103, "from_low_reference": 0.183082 }, "levels": { "trend_reference": 31.405491, "fair_value_reference": 36.004814, 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-70.042711, "energy": 77.107581, "activity_lines": [ 27.404, 28.612271, 29.643157, 30.733779 ] }, { "date": "2026-07-17", "close": 25.49, "volume": 18007121, "typical_volume": 18898984.3, "trend": 32.000136, "fair_value": 36.241218, "relative_strength": -24.75084, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.402234, "energy": 85.918451, "activity_lines": [ 26.670667, 27.84504, 29.184009, 30.290215 ] }, { "date": "2026-07-24", "close": 28.59, "volume": 28375550, "typical_volume": 19420318.65, "trend": 31.764879, "fair_value": 36.150009, "relative_strength": -15.968035, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.211151, "energy": 52.094112, "activity_lines": [ 27.184, 27.773102, 29.067626, 30.070206 ] }, { "date": "2026-07-31", "close": 30.93, "volume": 38626801, "typical_volume": 20759315.75, "trend": 31.594528, "fair_value": 36.086749, "relative_strength": -8.817591, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.727452, "energy": 26.4535, "activity_lines": [ 28.474667, 28.187091, 29.191576, 30.016343 ] }, { "date": "2026-08-07", "close": 29.790001, "volume": 30453261, "typical_volume": 21655958.9, "trend": 31.405491, "fair_value": 36.004814, "relative_strength": -13.870468, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.318893, "energy": 18.986939, "activity_lines": [ 29.098, 28.417091, 29.210293, 29.899922 ] } ], "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." } } }