{ "ticker": { "uuid": "1b69753f-19ce-42af-955f-1e5d4df05a24", "symbol": "688505", "name": "Shanghai Fudan-Zhangjiang Bio-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": 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": 85.11, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -16.418, "architecture_energy": 9.265, "architecture_maturity": 91.431, "architecture_confidence": 68.916, "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": 47.76, "rotation_up": 31.18, "upward_expansion": 23.58, "deceleration": 37.0, "rotation_down": 26.8, "downward_expansion": 55.25 }, "activity_lines": [ 7.502, 7.426, 7.447714, 7.603183 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.166667 }, "latest_close": 7.9, "trend_reference": 7.875333, "distance_from_trend": 0.003132, "trend_direction": "Weakening", "fair_value": 8.248218, "distance_from_fair_value": -0.042217, "fair_value_direction": "Weakening", "relative_strength": -5.689737, "relative_strength_direction": "Improving", "price_momentum": -0.08776, "excess_performance": -0.044556, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.003132, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.053028, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.042217, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.000935, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.056897, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.111032, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.08776, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.411842, "read": "Supply-led" } ], "volume": { "latest": 31713378, "relative_activity": 1.400141, "balance": 0.411842, "dry_up": 1.73764, "accumulation_observations": 3, "distribution_observations": 4 }, "risk": { "range_context": 0.077215, "annualized_volatility": 0.295802, "from_high_reference": -0.294643, "from_low_reference": 0.193353 }, "levels": { "trend_reference": 7.875333, "fair_value_reference": 8.248218, "structural_low": 6.62, 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"direction": -30.725121, "energy": 19.850988, "activity_lines": [ 7.514, 7.351091, 7.500476, 7.701892 ] }, { "date": "2026-07-24", "close": 7.07, "volume": 40792128, "typical_volume": 21301229.85, "trend": 7.923333, "fair_value": 8.264857, "relative_strength": -14.361445, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.322586, "energy": 23.547888, "activity_lines": [ 7.399333, 7.301818, 7.445, 7.643957 ] }, { "date": "2026-07-31", "close": 7.28, "volume": 25982779, "typical_volume": 21788161.9, "trend": 7.888667, "fair_value": 8.255811, "relative_strength": -11.477603, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.568206, "energy": 18.65992, "activity_lines": [ 7.359333, 7.304, 7.414857, 7.602452 ] }, { "date": "2026-08-07", "close": 7.9, "volume": 31713378, "typical_volume": 22650130.6, "trend": 7.875333, "fair_value": 8.248218, "relative_strength": -5.689737, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.418363, "energy": 9.265289, "activity_lines": [ 7.502, 7.426, 7.447714, 7.603183 ] } ], "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." } } }