{ "ticker": { "uuid": "ecb59282-381d-434f-8ece-b93fe33fd0fe", "symbol": "600643", "name": "Shanghai Aj Group 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": -49.678, "architecture_energy": 43.536, "architecture_maturity": 79.405, "architecture_confidence": 64.692, "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": 19.59, "rotation_up": 26.82, "upward_expansion": 18.67, "deceleration": 66.68, "rotation_down": 43.14, "downward_expansion": 68.67 }, "activity_lines": [ 3.929333, 3.915091, 4.141714, 4.341269 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 3.92, "trend_reference": 4.595667, "distance_from_trend": -0.147023, "trend_direction": "Weakening", "fair_value": 5.007147, "distance_from_fair_value": -0.217119, "fair_value_direction": "Weakening", "relative_strength": -22.140978, "relative_strength_direction": "Weakening", "price_momentum": -0.211268, "excess_performance": -0.168064, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.147023, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.102058, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.217119, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.189936, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.22141, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.049296, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.211268, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.422005, "read": "Supply-led" } ], "volume": { "latest": 75619367, "relative_activity": 0.675694, "balance": 0.422005, "dry_up": 0.673843, "accumulation_observations": 0, "distribution_observations": 1 }, "risk": { "range_context": 0.072606, "annualized_volatility": 0.283153, "from_high_reference": -0.396923, "from_low_reference": 0.056604 }, "levels": { "trend_reference": 4.595667, "fair_value_reference": 5.007147, "structural_low": 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"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." } } }