{ "ticker": { "uuid": "e8195c98-f8b8-45c9-93c5-010cd85e97d2", "symbol": "300390", "name": "Canmax Technologies Co., Ltd.", "exchange": "SHZ", "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": "399001.SZ", "stage": 3, "stage_name": "Distribution", "phase": "3c", "phase_label": "Stage 3C \u00b7 Breakdown watch", "transition": "stage_3_to_4_watch", "transition_label": "Stage 3 \u2192 4 watch", "confidence": 96.0, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -26.676, "architecture_energy": 63.758, "architecture_maturity": 14.025, "architecture_confidence": 63.265, "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": 25.24, "rotation_up": 16.76, "upward_expansion": 32.04, "deceleration": 46.25, "rotation_down": 70.3, "downward_expansion": 57.04 }, "activity_lines": [ 58.017334, 67.070364, 76.391667, 74.446387 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 60.700001, "trend_reference": 69.396334, "distance_from_trend": -0.125314, "trend_direction": "Improving", "fair_value": 32.141146, "distance_from_fair_value": 0.888545, "fair_value_direction": "Weakening", "relative_strength": 10.791512, "relative_strength_direction": "Weakening", "price_momentum": 0.319565, "excess_performance": 0.312165, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.125314, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.141763, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.888545, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -1.754415, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.107915, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -1.111498, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.319565, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.12985, "read": "Supply-led" } ], "volume": { "latest": 160645387, "relative_activity": 0.677065, "balance": 0.12985, "dry_up": 0.862743, "accumulation_observations": 0, "distribution_observations": 6 }, "risk": { "range_context": 0.207439, "annualized_volatility": 0.983165, "from_high_reference": -0.490173, "from_low_reference": 2.186352 }, "levels": { "trend_reference": 69.396334, "fair_value_reference": 32.141146, "structural_low": 42.889999, "invalidation": "A 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"fair_value": 31.489166, "relative_strength": 19.528714, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.47882, "energy": 11.301892, "activity_lines": [ 82.072667, 84.981636, 84.460286, 77.524452 ] }, { "date": "2026-07-17", "close": 57.02, "volume": 229190719, "typical_volume": 229286279.6, "trend": 69.063334, "fair_value": 31.643506, "relative_strength": 12.472842, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -13.738702, "energy": 23.524096, "activity_lines": [ 72.448, 79.350182, 82.482334, 76.763377 ] }, { "date": "2026-07-24", "close": 56.700001, "volume": 249298826, "typical_volume": 236504224.65, "trend": 69.286667, "fair_value": 31.804642, "relative_strength": 10.011081, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -33.892959, "energy": 42.679332, "activity_lines": [ 65.322, 74.504727, 80.442238, 75.965742 ] }, { "date": "2026-07-31", "close": 54.23, "volume": 179668241, "typical_volume": 237654901.45, "trend": 69.193334, "fair_value": 31.944459, "relative_strength": 5.610269, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.082528, "energy": 64.815589, "activity_lines": [ 59.526, 69.882, 78.112619, 74.994344 ] }, { "date": "2026-08-07", "close": 60.700001, "volume": 160645387, "typical_volume": 237267472.05, "trend": 69.396334, "fair_value": 32.141146, "relative_strength": 10.791512, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.676372, "energy": 63.758025, "activity_lines": [ 58.017334, 67.070364, 76.391667, 74.446387 ] } ], "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." } } }