{ "ticker": { "uuid": "1acb57b3-cfa7-48fe-a814-e3e37d355469", "symbol": "600993", "name": "Mayinglong Pharmaceutical Group 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": 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": -36.198, "architecture_energy": 20.952, "architecture_maturity": 100.0, "architecture_confidence": 75.481, "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": 30.83, "rotation_up": 30.36, "upward_expansion": 22.06, "deceleration": 44.15, "rotation_down": 26.65, "downward_expansion": 58.4 }, "activity_lines": [ 23.375171, 23.030347, 23.524343, 24.139817 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 23.459999, "trend_reference": 25.114943, "distance_from_trend": -0.065895, "trend_direction": "Weakening", "fair_value": 25.222929, "distance_from_fair_value": -0.069894, "fair_value_direction": "Weakening", "relative_strength": -10.340299, "relative_strength_direction": "Improving", "price_momentum": -0.14442, "excess_performance": -0.101216, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.065895, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.067364, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.069894, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.060498, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.103403, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.058073, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.14442, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.441808, "read": "Demand-led" } ], "volume": { "latest": 30894079, "relative_activity": 1.529626, "balance": 1.441808, "dry_up": 1.86407, "accumulation_observations": 5, "distribution_observations": 3 }, "risk": { "range_context": 0.054548, "annualized_volatility": 0.21274, "from_high_reference": -0.222664, "from_low_reference": 0.090655 }, "levels": { "trend_reference": 25.114943, "fair_value_reference": 25.222929, "structural_low": 21.51, "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": 17, "median_return": 0.02849, "positive_rate": 0.647059, "directional_follow_through": 0.352941, "median_excess_return": 0.018014, "regime_survival": 0.764706, "best_return": 0.096621, "worst_return": -0.066223, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.071186, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.093288, "regime_survival": 0.333333, "best_return": 0.379819, "worst_return": -0.118657, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.038462, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.036458, "regime_survival": 0.0, "best_return": 0.19817, "worst_return": -0.038632, "sufficient": 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"close": 22.502047, "volume": 35811651, "typical_volume": 18338657.85, "trend": 25.401961, "fair_value": 25.237093, "relative_strength": -12.024237, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.768047, "energy": 51.625597, "activity_lines": [ 22.555816, 22.735296, 23.588807, 24.327479 ] }, { "date": "2026-07-31", "close": 24.29949, "volume": 35693174, "typical_volume": 19501763.6, "trend": 25.266277, "fair_value": 25.228251, "relative_strength": -5.082778, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.172295, "energy": 28.672761, "activity_lines": [ 23.197058, 22.960861, 23.591859, 24.256352 ] }, { "date": "2026-08-07", "close": 23.459999, "volume": 30894079, "typical_volume": 20197141.2, "trend": 25.114943, "fair_value": 25.222929, "relative_strength": -10.340299, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.197555, "energy": 20.95225, "activity_lines": [ 23.375171, 23.030347, 23.524343, 24.139817 ] } ], "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." } } }