{ "ticker": { "uuid": "ff3328f5-bc16-4891-90b6-293721f13771", "symbol": "300915", "name": "Shanghai Hi-Road Food Technology Co., Ltd.", "exchange": "SHZ", "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": "399001.SZ", "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": "Established contraction", "architecture_gate": "down", "architecture_direction": -62.352, "architecture_energy": 52.473, "architecture_maturity": 62.478, "architecture_confidence": 91.583, "architecture_tenure": "Established", "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": 7.71, "rotation_up": 18.67, "upward_expansion": 7.94, "deceleration": 58.59, "rotation_down": 60.9, "downward_expansion": 81.27 }, "activity_lines": [ 19.516, 19.791819, 21.049299, 21.845702 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Stable", "price_acceptance": -0.666667 }, "latest_close": 19.73, "trend_reference": 22.890532, "distance_from_trend": -0.138072, "trend_direction": "Weakening", "fair_value": 22.784553, "distance_from_fair_value": -0.134062, "fair_value_direction": "Weakening", "relative_strength": -20.090965, "relative_strength_direction": "Weakening", "price_momentum": -0.220027, "excess_performance": -0.227427, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.138072, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.056926, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.134062, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.204405, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.20091, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.015513, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.220027, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.265731, "read": "Supply-led" } ], "volume": { "latest": 9508331, "relative_activity": 1.97232, "balance": 0.265731, "dry_up": 1.725916, "accumulation_observations": 1, "distribution_observations": 6 }, "risk": { "range_context": 0.081162, "annualized_volatility": 0.353339, "from_high_reference": -0.296109, "from_low_reference": 0.125499 }, "levels": { "trend_reference": 22.890532, "fair_value_reference": 22.784553, "structural_low": 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"2026-07-03", "close": 20.540001, "volume": 861264, "typical_volume": 4868161.65, "trend": 23.641168, "fair_value": 22.977656, "relative_strength": -27.593919, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.747255, "energy": 83.080997, "activity_lines": [ 20.594, 21.761587, 22.535994, 23.086801 ] }, { "date": "2026-07-10", "close": 19.99, "volume": 4191969, "typical_volume": 4745813.6, "trend": 23.479063, "fair_value": 22.944322, "relative_strength": -26.205635, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.730132, "energy": 84.688523, "activity_lines": [ 20.261333, 21.27471, 22.229352, 22.851242 ] }, { "date": "2026-07-17", "close": 19.42, "volume": 5929252, "typical_volume": 4793571.7, "trend": 23.357951, "fair_value": 22.90593, "relative_strength": -20.40797, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.842652, "energy": 84.038428, "activity_lines": [ 19.902, 20.763497, 21.893222, 22.589367 ] }, { "date": "2026-07-24", "close": 17.700001, "volume": 5465360, "typical_volume": 4643899.25, "trend": 23.12738, "fair_value": 22.859496, "relative_strength": -26.956713, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.5015, "energy": 85.288332, "activity_lines": [ 19.118667, 20.037449, 21.422901, 22.224338 ] }, { "date": "2026-07-31", "close": 20.540001, "volume": 12378822, "typical_volume": 4689854.65, "trend": 23.011473, "fair_value": 22.827933, "relative_strength": -13.246227, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.840019, "energy": 56.543018, "activity_lines": [ 19.485334, 19.952993, 21.26288, 22.05741 ] }, { "date": "2026-08-07", "close": 19.73, "volume": 9508331, "typical_volume": 4820885.45, "trend": 22.890532, "fair_value": 22.784553, "relative_strength": -20.090965, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.352191, "energy": 52.473275, "activity_lines": [ 19.516, 19.791819, 21.049299, 21.845702 ] } ], "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." } } }