{ "ticker": { "uuid": "ed58b102-b337-4a83-a81b-55f3aa7fdcf7", "symbol": "600862", "name": "Avic Aviation High-Technology 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": -56.594, "architecture_energy": 39.053, "architecture_maturity": 71.102, "architecture_confidence": 80.116, "architecture_tenure": "Established", "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": 31.9, "rotation_up": 26.72, "upward_expansion": 5.26, "deceleration": 60.05, "rotation_down": 40.58, "downward_expansion": 73.93 }, "activity_lines": [ 18.415999, 18.457196, 18.765278, 19.760434 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 18.209999, "trend_reference": 21.372477, "distance_from_trend": -0.14797, "trend_direction": "Weakening", "fair_value": 22.011628, "distance_from_fair_value": -0.17271, "fair_value_direction": "Weakening", "relative_strength": -17.372502, "relative_strength_direction": "Improving", "price_momentum": -0.244712, "excess_performance": -0.201508, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.14797, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.05465, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.17271, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.110259, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.173725, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.017838, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.244712, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.693341, "read": "Supply-led" } ], "volume": { "latest": 75582742, "relative_activity": 0.965493, "balance": 0.693341, "dry_up": 1.155417, "accumulation_observations": 2, "distribution_observations": 5 }, "risk": { "range_context": 0.076519, "annualized_volatility": 0.363133, "from_high_reference": -0.361053, "from_low_reference": 0.05443 }, "levels": { "trend_reference": 21.372477, "fair_value_reference": 22.011628, 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"gate": "down", "direction": -44.195502, "energy": 37.070727, "activity_lines": [ 18.726666, 18.538688, 19.22053, 20.426741 ] }, { "date": "2026-07-24", "close": 17.84, "volume": 83841984, "typical_volume": 83962101.4, "trend": 21.701477, "fair_value": 22.076596, "relative_strength": -17.917055, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.892674, "energy": 37.20773, "activity_lines": [ 18.476, 18.411307, 18.991843, 20.167829 ] }, { "date": "2026-07-31", "close": 18.73, "volume": 75383889, "typical_volume": 80646727.05, "trend": 21.553144, "fair_value": 22.044399, "relative_strength": -13.431914, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.369459, "energy": 30.683969, "activity_lines": [ 18.576666, 18.481341, 18.889537, 19.97612 ] }, { "date": "2026-08-07", "close": 18.209999, "volume": 75582742, "typical_volume": 78284110.3, "trend": 21.372477, "fair_value": 22.011628, "relative_strength": -17.372502, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.59427, "energy": 39.053309, "activity_lines": [ 18.415999, 18.457196, 18.765278, 19.760434 ] } ], "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." } } }