{ "ticker": { "uuid": "109ed128-f7e3-447f-8a35-ad96f3afb5cd", "symbol": "300138", "name": "ChenGuang Biotech Group 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": "4c", "phase_label": "Stage 4C \u00b7 Repair watch", "transition": "stage_4_to_1_watch", "transition_label": "Stage 4 \u2192 1 repair watch", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -10.419, "architecture_energy": 22.073, "architecture_maturity": 89.837, "architecture_confidence": 43.236, "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": 53.04, "rotation_up": 43.44, "upward_expansion": 23.09, "deceleration": 41.33, "rotation_down": 14.57, "downward_expansion": 52.42 }, "activity_lines": [ 10.902667, 10.427455, 10.450362, 10.942443 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.333333 }, "latest_close": 11.23, "trend_reference": 11.642867, "distance_from_trend": -0.035461, "trend_direction": "Weakening", "fair_value": 10.936082, "distance_from_fair_value": 0.026876, "fair_value_direction": "Improving", "relative_strength": -11.177974, "relative_strength_direction": "Improving", "price_momentum": -0.147981, "excess_performance": -0.155381, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.035461, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.060025, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.026876, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.059633, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.11178, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.171029, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.147981, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.77994, "read": "Supply-led" } ], "volume": { "latest": 42031873, "relative_activity": 1.414787, "balance": 0.77994, "dry_up": 1.573513, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.073053, "annualized_volatility": 0.378049, "from_high_reference": -0.269313, "from_low_reference": 0.256152 }, "levels": { "trend_reference": 11.642867, "fair_value_reference": 10.936082, 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"2026-07-17", "close": 10.3, "volume": 31991854, "typical_volume": 32121299.35, "trend": 11.775628, "fair_value": 11.02771, "relative_strength": -16.990771, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.601846, "energy": 55.566954, "activity_lines": [ 9.868667, 9.902471, 10.441864, 11.079985 ] }, { "date": "2026-07-24", "close": 10.14, "volume": 36603178, "typical_volume": 31239575.75, "trend": 11.695355, "fair_value": 10.989327, "relative_strength": -17.908309, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.73667, "energy": 37.917748, "activity_lines": [ 10.004667, 9.918909, 10.346965, 10.974461 ] }, { "date": "2026-07-31", "close": 11.64, "volume": 76362950, "typical_volume": 30619634.35, "trend": 11.670919, "fair_value": 10.965293, "relative_strength": -3.817152, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.167772, "energy": 18.6035, "activity_lines": [ 10.612, 10.220909, 10.411949, 10.97089 ] }, { "date": "2026-08-07", "close": 11.23, "volume": 42031873, "typical_volume": 29708976.2, "trend": 11.642867, "fair_value": 10.936082, "relative_strength": -11.177974, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -10.418641, "energy": 22.072755, "activity_lines": [ 10.902667, 10.427455, 10.450362, 10.942443 ] } ], "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." } } }