{ "ticker": { "uuid": "f33bb230-469b-4e2c-8ef0-d708ddd33f77", "symbol": "900925", "name": "Shanghai Mechanical & Electrical Industry 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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 59.957, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Value reclamation", "architecture_gate": "mixed", "architecture_direction": 19.731, "architecture_energy": 14.652, "architecture_maturity": 26.083, "architecture_confidence": 59.19, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 44.16, "rotation_up": 41.53, "upward_expansion": 33.19, "deceleration": 39.85, "rotation_down": 28.93, "downward_expansion": 26.19 }, "activity_lines": [ 1.465, 1.461887, 1.432204, 1.433506 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 1.481, "trend_reference": 1.459116, "distance_from_trend": 0.014998, "trend_direction": "Weakening", "fair_value": 1.092636, "distance_from_fair_value": 0.355438, "fair_value_direction": "Improving", "relative_strength": 4.833884, "relative_strength_direction": "Improving", "price_momentum": -0.045747, "excess_performance": -0.002544, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.014998, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.010317, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.355438, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.05219, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.048339, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.107026, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.045747, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.310226, "read": "Demand-led" } ], "volume": { "latest": 1367408, "relative_activity": 0.596735, "balance": 1.310226, "dry_up": 0.880877, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.042328, "annualized_volatility": 0.268755, "from_high_reference": -0.0964, "from_low_reference": 0.287449 }, "levels": { "trend_reference": 1.459116, "fair_value_reference": 1.092636, "structural_low": 1.29163, "invalidation": "A 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"modifier": "Early contraction", "gate": "mixed", "direction": 31.187632, "energy": 41.951246, "activity_lines": [ 1.477608, 1.44049, 1.414098, 1.436289 ] }, { "date": "2026-07-17", "close": 1.454, "volume": 2289342, "typical_volume": 2608892.45, "trend": 1.470282, "fair_value": 1.082101, "relative_strength": 8.647625, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 19.288225, "energy": 41.881551, "activity_lines": [ 1.478113, 1.446958, 1.417572, 1.43521 ] }, { "date": "2026-07-24", "close": 1.417, "volume": 2329534, "typical_volume": 2437261.15, "trend": 1.466382, "fair_value": 1.085413, "relative_strength": 4.187342, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -2.085097, "energy": 22.439616, "activity_lines": [ 1.460645, 1.445089, 1.418165, 1.431773 ] }, { "date": "2026-07-31", "close": 1.475, "volume": 2087767, "typical_volume": 2399482.0, "trend": 1.462749, "fair_value": 1.089002, "relative_strength": 7.638912, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 18.153962, "energy": 19.326932, "activity_lines": [ 1.4638, 1.453258, 1.424858, 1.432329 ] }, { "date": "2026-08-07", "close": 1.481, "volume": 1367408, "typical_volume": 2291481.95, "trend": 1.459116, "fair_value": 1.092636, "relative_strength": 4.833884, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 19.73078, "energy": 14.652404, "activity_lines": [ 1.465, 1.461887, 1.432204, 1.433506 ] } ], "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." } } }