{ "ticker": { "uuid": "eff72565-b1dc-4fc9-a919-a76800f2e892", "symbol": "300996", "name": "Pansoft Company Limited", "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": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 89.511, "architecture_energy": 93.552, "architecture_maturity": 24.0, "architecture_confidence": 79.21, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 17.93, "rotation_up": 80.47, "upward_expansion": 92.09, "deceleration": 47.51, "rotation_down": 13.35, "downward_expansion": 25.75 }, "activity_lines": [ 16.35, 14.217455, 13.150131, 12.792552 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.166667 }, "latest_close": 19.66, "trend_reference": 12.502974, "distance_from_trend": 0.572426, "trend_direction": "Improving", "fair_value": 10.958911, "distance_from_fair_value": 0.793974, "fair_value_direction": "Improving", "relative_strength": 52.014236, "relative_strength_direction": "Improving", "price_momentum": 0.604756, "excess_performance": 0.597356, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.572426, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.018513, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.793974, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.622879, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.520142, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.64431, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.604756, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 5.130455, "read": "Demand-led" } ], "volume": { "latest": 519301173, "relative_activity": 6.975043, "balance": 5.130455, "dry_up": 2.660497, "accumulation_observations": 4, "distribution_observations": 0 }, "risk": { "range_context": 0.0887, "annualized_volatility": 0.649619, "from_high_reference": -0.05253, "from_low_reference": 0.914314 }, "levels": { "trend_reference": 12.502974, "fair_value_reference": 10.958911, "structural_low": 10.27, "invalidation": 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-58.331818, "energy": 59.965861, "activity_lines": [ 11.237333, 11.566545, 11.820073, 11.927697 ] }, { "date": "2026-07-10", "close": 11.16, "volume": 48343696, "typical_volume": 42872711.8, "trend": 11.987514, "fair_value": 10.930807, "relative_strength": -19.072779, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.179578, "energy": 44.118323, "activity_lines": [ 11.22, 11.433091, 11.746121, 11.871474 ] }, { "date": "2026-07-17", "close": 11.26, "volume": 56389891, "typical_volume": 44054157.3, "trend": 11.962981, "fair_value": 10.904841, "relative_strength": -9.288455, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.676815, "energy": 33.285474, "activity_lines": [ 11.260667, 11.342182, 11.687597, 11.824538 ] }, { "date": "2026-07-24", "close": 12.93, "volume": 101073907, "typical_volume": 46933563.35, "trend": 12.004506, "fair_value": 10.891722, "relative_strength": 4.491184, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -11.272249, "energy": 11.191909, "activity_lines": [ 11.827333, 11.588364, 11.794797, 11.886926 ] }, { "date": "2026-07-31", "close": 18.620001, "volume": 115544962, "typical_volume": 50683097.4, "trend": 12.238296, "fair_value": 10.919106, "relative_strength": 52.173181, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.510015, "energy": 77.037457, "activity_lines": [ 14.182, 12.858546, 12.438509, 12.313733 ] }, { "date": "2026-08-07", "close": 19.66, "volume": 519301173, "typical_volume": 74451321.9, "trend": 12.502974, "fair_value": 10.958911, "relative_strength": 52.014236, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.510768, "energy": 93.552282, "activity_lines": [ 16.35, 14.217455, 13.150131, 12.792552 ] } ], "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." } } }