{
  "ticker": {
    "uuid": "096f2673-6663-40bd-91b8-886889bbe5ca",
    "symbol": "000513",
    "name": "Livzon Pharmaceutical Group Inc.",
    "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": -19.492,
    "architecture_energy": 15.15,
    "architecture_maturity": 100.0,
    "architecture_confidence": 72.014,
    "architecture_tenure": "Extended",
    "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": 60.9,
        "rotation_up": 27.88,
        "upward_expansion": 24.11,
        "deceleration": 52.86,
        "rotation_down": 19.31,
        "downward_expansion": 46.11
      },
      "activity_lines": [
        30.614666,
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        30.280782,
        31.085729
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.0
    },
    "latest_close": 30.68,
    "trend_reference": 32.343399,
    "distance_from_trend": -0.051429,
    "trend_direction": "Weakening",
    "fair_value": 34.909429,
    "distance_from_fair_value": -0.121154,
    "fair_value_direction": "Improving",
    "relative_strength": -15.010694,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.122426,
    "excess_performance": -0.129825,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.051429,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.056078,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.121154,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.011223,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.150107,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.174994,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.122426,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.613263,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 29488805,
      "relative_activity": 1.251713,
      "balance": 0.613263,
      "dry_up": 1.458054,
      "accumulation_observations": 2,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.046055,
      "annualized_volatility": 0.190457,
      "from_high_reference": -0.279474,
      "from_low_reference": 0.079142
    },
    "levels": {
      "trend_reference": 32.343399,
      "fair_value_reference": 34.909429,
      "structural_low": 28.43,
      "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": 24,
        "median_return": 0.012981,
        "positive_rate": 0.583333,
        "directional_follow_through": 0.416667,
        "median_excess_return": 0.014256,
        "regime_survival": 0.791667,
        "best_return": 0.127426,
        "worst_return": -0.086735,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
        "median_return": 0.005011,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.054169,
        "regime_survival": 0.375,
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        "worst_return": -0.165542,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
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        "positive_rate": 0.6,
        "directional_follow_through": 0.4,
        "median_excess_return": 0.11161,
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        "worst_return": -0.186086,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
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        "directional_follow_through": 0.25,
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        "worst_return": -0.200444,
        "sufficient": false
      }
    ],
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        "regime": "deceleration",
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        "return": 0.056655,
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      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "tenure": "Developing",
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      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
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        "tenure": "Developing",
        "return": -0.035481,
        "active": false
      },
      {
        "regime": "balance",
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        "active": false
      },
      {
        "regime": "upward_expansion",
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      },
      {
        "regime": "balance",
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        "tenure": "Developing",
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        "active": false
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      {
        "regime": "rotation_down",
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        "end": "2025-02-21",
        "tenure": "Developing",
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        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-02-28",
        "end": "2025-05-23",
        "tenure": "Established",
        "return": 0.071951,
        "active": false
      },
      {
        "regime": "balance",
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        "return": 0.002473,
        "active": false
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      {
        "regime": "rotation_up",
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        "regime": "upward_expansion",
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      {
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      {
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      },
      {
        "date": "2026-07-24",
        "close": 29.959999,
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        "fair_value": 34.954918,
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        "stage": 4,
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      },
      {
        "date": "2026-07-31",
        "close": 31.129999,
        "volume": 30783030,
        "typical_volume": 23458451.05,
        "trend": 32.469399,
        "fair_value": 34.935658,
        "relative_strength": -10.271686,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -32.389138,
        "energy": 21.026961,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 30.68,
        "volume": 29488805,
        "typical_volume": 23558753.0,
        "trend": 32.343399,
        "fair_value": 34.909429,
        "relative_strength": -15.010694,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -19.49151,
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      }
    ],
    "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."
    }
  }
}