{ "ticker": { "uuid": "198c7784-e28a-41e8-8ee1-7801df77e80d", "symbol": "603439", "name": "Guizhou Sanli Pharmaceutical 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": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 96.0, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -25.698, "architecture_energy": 48.339, "architecture_maturity": 8.751, "architecture_confidence": 73.792, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 32.17, "rotation_up": 14.16, "upward_expansion": 22.44, "deceleration": 54.32, "rotation_down": 69.03, "downward_expansion": 49.77 }, "activity_lines": [ 10.666, 11.706085, 12.48295, 12.361393 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 11.19, "trend_reference": 12.221394, "distance_from_trend": -0.084392, "trend_direction": "Improving", "fair_value": 13.456629, "distance_from_fair_value": -0.16844, "fair_value_direction": "Improving", "relative_strength": -8.675262, "relative_strength_direction": "Improving", "price_momentum": -0.065163, "excess_performance": -0.021959, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.084392, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.020644, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.16844, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.024123, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.086753, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.077119, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.065163, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 2.722966, "read": "Demand-led" } ], "volume": { "latest": 45186142, "relative_activity": 1.07279, "balance": 2.722966, "dry_up": 1.319799, "accumulation_observations": 6, "distribution_observations": 3 }, "risk": { "range_context": 0.150023, "annualized_volatility": 0.550165, "from_high_reference": -0.347505, "from_low_reference": 0.176656 }, "levels": { "trend_reference": 12.221394, "fair_value_reference": 13.456629, "structural_low": 9.51, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 6, "median_return": 0.009171, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.031767, "regime_survival": 0.333333, "best_return": 0.171387, "worst_return": -0.037829, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": -0.000465, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.040198, "regime_survival": 0.0, "best_return": 0.149601, "worst_return": -0.060392, "sufficient": false }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.015898, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.053766, "regime_survival": 0.0, "best_return": 0.393285, "worst_return": -0.140706, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, 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14.856307, 14.41404, 13.212573, 12.781803 ] }, { "date": "2026-07-03", "close": 13.47, "volume": 10455000, "typical_volume": 31310032.1, "trend": 12.408394, "fair_value": 13.607349, "relative_strength": 4.289486, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.78302, "energy": 33.03691, "activity_lines": [ 14.229643, 14.384916, 13.299898, 12.853498 ] }, { "date": "2026-07-10", "close": 11.98, "volume": 50003900, "typical_volume": 33089809.55, "trend": 12.402394, "fair_value": 13.582936, "relative_strength": -5.896477, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.098533, "energy": 21.139753, "activity_lines": [ 13.288579, 14.03852, 13.238889, 12.82586 ] }, { "date": "2026-07-17", "close": 10.95, "volume": 67787895, "typical_volume": 36078346.35, "trend": 12.365394, "fair_value": 13.548421, "relative_strength": -8.172655, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -21.703303, "energy": 32.676297, "activity_lines": [ 12.333555, 13.490623, 13.079785, 12.732157 ] }, { "date": "2026-07-24", "close": 9.68, "volume": 59689400, "typical_volume": 38382816.25, "trend": 12.29306, "fair_value": 13.514359, "relative_strength": -19.340822, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -41.488463, "energy": 44.266599, "activity_lines": [ 11.217212, 12.714506, 12.805015, 12.558906 ] }, { "date": "2026-07-31", "close": 10.28, "volume": 49697360, "typical_volume": 40376159.7, "trend": 12.238394, "fair_value": 13.482056, "relative_strength": -14.277045, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -32.267037, "energy": 43.788312, "activity_lines": [ 10.693333, 12.09172, 12.597387, 12.429031 ] }, { "date": "2026-08-07", "close": 11.19, "volume": 45186142, "typical_volume": 42120196.1, "trend": 12.221394, "fair_value": 13.456629, "relative_strength": -8.675262, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.698307, "energy": 48.338839, "activity_lines": [ 10.666, 11.706085, 12.48295, 12.361393 ] } ], "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." } } }