{ "ticker": { "uuid": "faec58d1-edf6-41c6-b312-751e73d5754d", "symbol": "603276", "name": "Jiangsu Hengxing New Material Technology 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": 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": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -60.494, "architecture_energy": 58.299, "architecture_maturity": 19.757, "architecture_confidence": 86.013, "architecture_tenure": "Developing", "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": 12.82, "rotation_up": 12.69, "upward_expansion": 11.18, "deceleration": 41.47, "rotation_down": 65.9, "downward_expansion": 84.52 }, "activity_lines": [ 14.785333, 15.162265, 15.877524, 16.292631 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 15.21, "trend_reference": 16.843211, "distance_from_trend": -0.096966, "trend_direction": "Weakening", "fair_value": 15.724904, "distance_from_fair_value": -0.032744, "fair_value_direction": "Weakening", "relative_strength": -10.412927, "relative_strength_direction": "Weakening", "price_momentum": -0.182698, "excess_performance": -0.139494, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.096966, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.032929, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.032744, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.199973, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.104129, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.085613, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.182698, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.666846, "read": "Supply-led" } ], "volume": { "latest": 12975795, "relative_activity": 1.111468, "balance": 0.666846, "dry_up": 1.062339, "accumulation_observations": 4, "distribution_observations": 5 }, "risk": { "range_context": 0.090007, "annualized_volatility": 0.331324, "from_high_reference": -0.230653, "from_low_reference": 0.191073 }, "levels": { "trend_reference": 16.843211, "fair_value_reference": 15.724904, 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"activity_lines": [ 15.225333, 15.793746, 16.37909, 16.716779 ] }, { "date": "2026-07-24", "close": 14.49, "volume": 14071443, "typical_volume": 11457109.15, "trend": 16.957545, "fair_value": 15.736213, "relative_strength": -12.597042, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.645873, "energy": 67.640178, "activity_lines": [ 14.894667, 15.475301, 16.169298, 16.553088 ] }, { "date": "2026-07-31", "close": 14.6, "volume": 12117787, "typical_volume": 11519998.35, "trend": 16.889545, "fair_value": 15.72843, "relative_strength": -12.018367, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.434097, "energy": 69.524441, "activity_lines": [ 14.714667, 15.235951, 15.986697, 16.400988 ] }, { "date": "2026-08-07", "close": 15.21, "volume": 12975795, "typical_volume": 11674464.05, "trend": 16.843211, "fair_value": 15.724904, "relative_strength": -10.412927, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.494157, "energy": 58.299457, "activity_lines": [ 14.785333, 15.162265, 15.877524, 16.292631 ] } ], "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." } } }