{
  "ticker": {
    "uuid": "0d92b471-13d1-4b0c-86a7-90b4f5ec5b61",
    "symbol": "300871",
    "name": "Wuhan Hvsen Biotechnology 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": "4a",
    "phase_label": "Stage 4A \u00b7 Breakdown",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 85.197,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -55.512,
    "architecture_energy": 45.23,
    "architecture_maturity": 8.584,
    "architecture_confidence": 90.887,
    "architecture_tenure": "New",
    "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": 32.02,
        "rotation_up": 17.77,
        "upward_expansion": 7.29,
        "deceleration": 45.25,
        "rotation_down": 53.81,
        "downward_expansion": 78.29
      },
      "activity_lines": [
        21.580667,
        21.903665,
        22.55316,
        23.340485
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.5
    },
    "latest_close": 22.950001,
    "trend_reference": 24.34504,
    "distance_from_trend": -0.057303,
    "trend_direction": "Improving",
    "fair_value": 16.982574,
    "distance_from_fair_value": 0.351385,
    "fair_value_direction": "Weakening",
    "relative_strength": -3.651551,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.220978,
    "excess_performance": -0.228377,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.057303,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.015773,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.351385,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.204905,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.036516,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.055926,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.220978,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.412409,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 23902323,
      "relative_activity": 0.738338,
      "balance": 0.412409,
      "dry_up": 1.053764,
      "accumulation_observations": 0,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.086678,
      "annualized_volatility": 0.419858,
      "from_high_reference": -0.296444,
      "from_low_reference": 0.20283
    },
    "levels": {
      "trend_reference": 24.34504,
      "fair_value_reference": 16.982574,
      "structural_low": 19.745181,
      "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": 28,
        "median_return": -0.030968,
        "positive_rate": 0.392857,
        "directional_follow_through": 0.607143,
        "median_excess_return": -0.00676,
        "regime_survival": 0.857143,
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        "worst_return": -0.169167,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 10,
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        "positive_rate": 0.4,
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        "regime_survival": 0.6,
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        "worst_return": -0.157679,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
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        "positive_rate": 0.5,
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        "sufficient": true
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      {
        "horizon": "Full cycle",
        "sample_count": 3,
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        "sufficient": false
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      {
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      {
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        "regime": "balance",
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      {
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        "regime": "rotation_up",
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        "date": "2026-04-10",
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      },
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      },
      {
        "date": "2026-07-03",
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 34666546.65,
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        "fair_value": 16.895213,
        "relative_strength": -7.261191,
        "stage": 3,
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        "direction": -49.033823,
        "energy": 29.197074,
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      },
      {
        "date": "2026-07-24",
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        "volume": 36708612,
        "typical_volume": 34447372.95,
        "trend": 24.267373,
        "fair_value": 16.917482,
        "relative_strength": -13.294861,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -70.636655,
        "energy": 43.022046,
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        ]
      },
      {
        "date": "2026-07-31",
        "close": 20.719999,
        "volume": 22573230,
        "typical_volume": 34267725.3,
        "trend": 24.27104,
        "fair_value": 16.943098,
        "relative_strength": -8.985866,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.670986,
        "energy": 61.722602,
        "activity_lines": [
          21.194666,
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          22.598356,
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        ]
      },
      {
        "date": "2026-08-07",
        "close": 22.950001,
        "volume": 23902323,
        "typical_volume": 32373156.85,
        "trend": 24.34504,
        "fair_value": 16.982574,
        "relative_strength": -3.651551,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.51189,
        "energy": 45.229814,
        "activity_lines": [
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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."
    }
  }
}