{ "ticker": { "uuid": "f8f5309d-0153-4ac0-b2ba-7e0fe9b8881c", "symbol": "600396", "name": "Huadian Liaoning Energy Development 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": 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": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 63.192, "architecture_energy": 32.576, "architecture_maturity": 63.984, "architecture_confidence": 92.556, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 37.8, "rotation_up": 38.35, "upward_expansion": 67.49, "deceleration": 93.84, "rotation_down": 26.09, "downward_expansion": 7.82 }, "activity_lines": [ 15.037333, 14.780727, 14.685952, 12.837849 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 17.73, "trend_reference": 10.084333, "distance_from_trend": 0.758173, "trend_direction": "Improving", "fair_value": 4.185962, "distance_from_fair_value": 3.235586, "fair_value_direction": "Improving", "relative_strength": 150.556843, "relative_strength_direction": "Weakening", "price_momentum": 4.794118, "excess_performance": 4.837321, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.758173, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.685216, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 3.235586, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.172099, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 1.505568, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.335675, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 4.794118, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.940972, "read": "Supply-led" } ], "volume": { "latest": 1311564068, "relative_activity": 1.271733, "balance": 0.940972, "dry_up": 1.246049, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.203653, "annualized_volatility": 1.315809, "from_high_reference": -0.230469, "from_low_reference": 5.265018 }, "levels": { "trend_reference": 10.084333, "fair_value_reference": 4.185962, "structural_low": 3.02, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 11, "median_return": 0.025157, "positive_rate": 0.636364, "directional_follow_through": 0.636364, "median_excess_return": 0.020009, "regime_survival": 0.454545, "best_return": 0.374419, "worst_return": -0.096591, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": -0.058307, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.033924, "regime_survival": 0.333333, "best_return": 0.100346, "worst_return": -0.083893, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.026871, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.059974, "regime_survival": 0.0, "best_return": 0.383399, "worst_return": -0.043624, "sufficient": false }, { "horizon": "Full cycle", 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13.748619, 11.613892 ] }, { "date": "2026-07-24", "close": 14.77, "volume": 1495300810, "typical_volume": 981832574.55, "trend": 9.217, "fair_value": 4.012692, "relative_strength": 131.063393, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.658338, "energy": 25.456244, "activity_lines": [ 13.394667, 14.671273, 14.039857, 11.997548 ] }, { "date": "2026-07-31", "close": 14.1, "volume": 1463479869, "typical_volume": 1011014756.4, "trend": 9.588333, "fair_value": 4.087692, "relative_strength": 112.951679, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.182064, "energy": 19.734445, "activity_lines": [ 13.568667, 14.391818, 14.214381, 12.312581 ] }, { "date": "2026-08-07", "close": 17.73, "volume": 1311564068, "typical_volume": 1031319985.15, "trend": 10.084333, "fair_value": 4.185962, "relative_strength": 150.556843, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 63.191965, "energy": 32.575622, "activity_lines": [ 15.037333, 14.780727, 14.685952, 12.837849 ] } ], "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." } } }