{ "ticker": { "uuid": "fa575e3d-5483-4566-aa76-23794beb75e1", "symbol": "688306", "name": "Ningbo PIA Automation Holding Corp.", "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": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "down", "architecture_direction": -44.501, "architecture_energy": 33.39, "architecture_maturity": 14.669, "architecture_confidence": 85.641, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 53.92, "rotation_up": 18.33, "upward_expansion": 8.98, "deceleration": 39.38, "rotation_down": 50.83, "downward_expansion": 72.98 }, "activity_lines": [ 9.106, 9.279294, 9.414416, 9.51017 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": 0.0 }, "latest_close": 9.49, "trend_reference": 9.817573, "distance_from_trend": -0.033366, "trend_direction": "Weakening", "fair_value": 7.874149, "distance_from_fair_value": 0.20521, "fair_value_direction": "Weakening", "relative_strength": -10.562376, "relative_strength_direction": "Improving", "price_momentum": -0.100474, "excess_performance": -0.05727, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.033366, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.056081, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.20521, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.136117, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.105624, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.034065, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.100474, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.822544, "read": "Supply-led" } ], "volume": { "latest": 48372933, "relative_activity": 0.861365, "balance": 0.822544, "dry_up": 1.072374, "accumulation_observations": 2, "distribution_observations": 4 }, "risk": { "range_context": 0.135499, "annualized_volatility": 0.591428, "from_high_reference": -0.416718, "from_low_reference": 0.157317 }, "levels": { "trend_reference": 9.817573, "fair_value_reference": 7.874149, "structural_low": 8.2, "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": 8, "median_return": -0.085205, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.06274, "regime_survival": 0.375, "best_return": 0.208855, "worst_return": -0.32882, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": -0.118503, "positive_rate": 0.2, "directional_follow_through": 0.2, "median_excess_return": -0.080666, "regime_survival": 0.2, "best_return": 0.227141, "worst_return": -0.198224, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.015099, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.081234, "regime_survival": 0.5, "best_return": 0.265393, "worst_return": -0.216837, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, 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"close": 8.24, "volume": 56808253, "typical_volume": 54331365.05, "trend": 9.959906, "fair_value": 7.825815, "relative_strength": -20.254677, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -57.297774, "energy": 27.93129, "activity_lines": [ 9.072, 9.282469, 9.426532, 9.584223 ] }, { "date": "2026-07-31", "close": 9.21, "volume": 55497141, "typical_volume": 55464061.45, "trend": 9.887906, "fair_value": 7.847738, "relative_strength": -10.978986, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.554668, "energy": 34.917764, "activity_lines": [ 9.054, 9.244427, 9.405736, 9.535842 ] }, { "date": "2026-08-07", "close": 9.49, "volume": 48372933, "typical_volume": 56158436.8, "trend": 9.817573, "fair_value": 7.874149, "relative_strength": -10.562376, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.501411, "energy": 33.389908, "activity_lines": [ 9.106, 9.279294, 9.414416, 9.51017 ] } ], "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." } } }