{ "ticker": { "uuid": "f4f22fad-be20-45bb-9a7f-26879d357e2c", "symbol": "600875", "name": "Dongfang Electric Corporation Limited", "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": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 66.324, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -65.78, "architecture_energy": 75.486, "architecture_maturity": 15.152, "architecture_confidence": 82.675, "architecture_tenure": "New", "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": 13.58, "rotation_up": 14.98, "upward_expansion": 17.84, "deceleration": 38.63, "rotation_down": 70.27, "downward_expansion": 93.5 }, "activity_lines": [ 26.032171, 27.006845, 30.457746, 32.157908 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 27.389999, "trend_reference": 32.778734, "distance_from_trend": -0.164397, "trend_direction": "Improving", "fair_value": 19.442228, "distance_from_fair_value": 0.408789, "fair_value_direction": "Weakening", "relative_strength": -0.307836, "relative_strength_direction": "Weakening", "price_momentum": 0.102213, "excess_performance": 0.145417, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.164397, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.060606, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.408789, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.645803, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.003078, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.433199, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.102213, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.953616, "read": "Supply-led" } ], "volume": { "latest": 394116019, "relative_activity": 1.300514, "balance": 0.953616, "dry_up": 0.928582, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.12023, "annualized_volatility": 0.640505, "from_high_reference": -0.39643, "from_low_reference": 0.49754 }, "levels": { "trend_reference": 32.778734, "fair_value_reference": 19.442228, "structural_low": 24.130162, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 17, "median_return": 0.019163, "positive_rate": 0.588235, "directional_follow_through": 0.411765, "median_excess_return": 0.03276, "regime_survival": 0.705882, "best_return": 0.228665, "worst_return": -0.127948, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.167949, "positive_rate": 0.625, "directional_follow_through": 0.375, "median_excess_return": 0.035619, "regime_survival": 0.5, "best_return": 0.450702, "worst_return": -0.160606, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.23987, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": -0.020894, "regime_survival": 0.2, "best_return": 0.657811, "worst_return": -0.111473, "sufficient": true }, { "horizon": "Full cycle", 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"direction": -57.055652, "energy": 76.791261, "activity_lines": [ 27.05416, 29.269137, 32.87168, 33.438717 ] }, { "date": "2026-07-24", "close": 25.58, "volume": 291673783, "typical_volume": 332928324.75, "trend": 32.668401, "fair_value": 19.335781, "relative_strength": -3.201924, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.126794, "energy": 73.459753, "activity_lines": [ 26.192692, 28.204555, 31.944528, 32.987164 ] }, { "date": "2026-07-31", "close": 25.1, "volume": 214611184, "typical_volume": 312801712.3, "trend": 32.675068, "fair_value": 19.379538, "relative_strength": -5.68621, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -71.918221, "energy": 83.641884, "activity_lines": [ 25.636556, 27.297973, 31.060423, 32.49888 ] }, { "date": "2026-08-07", "close": 27.389999, "volume": 394116019, "typical_volume": 303046404.8, "trend": 32.778734, "fair_value": 19.442228, "relative_strength": -0.307836, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.78029, "energy": 75.485703, "activity_lines": [ 26.032171, 27.006845, 30.457746, 32.157908 ] } ], "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." } } }