{ "ticker": { "uuid": "d50573ca-ec61-4296-8ac8-6caa39033486", "symbol": "688681", "name": "Shandong Kehui Power Automation 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": "Early contraction", "architecture_gate": "down", "architecture_direction": -47.393, "architecture_energy": 37.535, "architecture_maturity": 61.703, "architecture_confidence": 59.121, "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": 27.98, "rotation_up": 25.68, "upward_expansion": 17.24, "deceleration": 66.76, "rotation_down": 41.47, "downward_expansion": 67.24 }, "activity_lines": [ 15.178, 14.979636, 16.111868, 16.951176 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 16.299999, "trend_reference": 17.911764, "distance_from_trend": -0.089984, "trend_direction": "Weakening", "fair_value": 13.747901, "distance_from_fair_value": 0.185635, "fair_value_direction": "Weakening", "relative_strength": -6.832553, "relative_strength_direction": "Weakening", "price_momentum": -0.150024, "excess_performance": -0.10682, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.089984, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.048024, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.185635, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.348454, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.068326, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.198456, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.150024, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.519653, "read": "Supply-led" } ], "volume": { "latest": 9775524, "relative_activity": 1.082919, "balance": 0.519653, "dry_up": 1.199339, "accumulation_observations": 3, "distribution_observations": 4 }, "risk": { "range_context": 0.097952, "annualized_volatility": 0.426975, "from_high_reference": -0.249156, "from_low_reference": 0.271451 }, "levels": { "trend_reference": 17.911764, "fair_value_reference": 13.747901, "structural_low": 12.82, "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": 14, "median_return": -0.000296, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.025517, "regime_survival": 0.785714, "best_return": 0.228285, "worst_return": -0.159647, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.054976, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": 0.069646, "regime_survival": 0.4, "best_return": 0.450704, "worst_return": -0.162361, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.005741, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.012108, "regime_survival": 0.5, "best_return": 0.484073, "worst_return": -0.284621, "sufficient": false }, { "horizon": "Full cycle", 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"typical_volume": 9427902.2, "trend": 18.014611, "fair_value": 13.736035, "relative_strength": -17.440376, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.381834, "energy": 60.085745, "activity_lines": [ 14.358, 14.831245, 16.402379, 17.236505 ] }, { "date": "2026-07-31", "close": 15.24, "volume": 12162033, "typical_volume": 9195015.15, "trend": 17.947993, "fair_value": 13.735903, "relative_strength": -10.593075, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.080946, "energy": 51.882791, "activity_lines": [ 14.634667, 14.765644, 16.193482, 17.057498 ] }, { "date": "2026-08-07", "close": 16.299999, "volume": 9775524, "typical_volume": 9027011.7, "trend": 17.911764, "fair_value": 13.747901, "relative_strength": -6.832553, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.393222, "energy": 37.535185, "activity_lines": [ 15.178, 14.979636, 16.111868, 16.951176 ] } ], "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." } } }