{ "ticker": { "uuid": "1cbb8532-6204-45a2-9841-010af0cd2dd7", "symbol": "688739", "name": "Liaoning Chengda Biotechnology 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": -47.316, "architecture_energy": 44.118, "architecture_maturity": 100.0, "architecture_confidence": 63.968, "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": 27.03, "rotation_up": 27.07, "upward_expansion": 19.1, "deceleration": 66.92, "rotation_down": 37.53, "downward_expansion": 64.43 }, "activity_lines": [ 20.013333, 19.943273, 20.758064, 21.746406 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 20.559999, "trend_reference": 23.118418, "distance_from_trend": -0.110666, "trend_direction": "Weakening", "fair_value": 26.167282, "distance_from_fair_value": -0.214286, "fair_value_direction": "Weakening", "relative_strength": -16.952232, "relative_strength_direction": "Improving", "price_momentum": -0.213767, "excess_performance": -0.170563, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.110666, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.088753, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.214286, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.089357, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.169522, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.009732, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.213767, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.650196, "read": "Supply-led" } ], "volume": { "latest": 10100805, "relative_activity": 1.268395, "balance": 0.650196, "dry_up": 1.242321, "accumulation_observations": 3, "distribution_observations": 5 }, "risk": { "range_context": 0.055628, "annualized_volatility": 0.195376, "from_high_reference": -0.306109, "from_low_reference": 0.083817 }, "levels": { "trend_reference": 23.118418, "fair_value_reference": 26.167282, 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"Established contraction", "gate": "down", "direction": -63.625593, "energy": 63.029969, "activity_lines": [ 19.874, 20.166378, 21.408957, 22.437369 ] }, { "date": "2026-07-24", "close": 19.26, "volume": 9664567, "typical_volume": 8006835.8, "trend": 23.497751, "fair_value": 26.302531, "relative_strength": -20.961411, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.185251, "energy": 62.528481, "activity_lines": [ 19.682, 19.909713, 21.099469, 22.148955 ] }, { "date": "2026-07-31", "close": 19.99, "volume": 8282683, "typical_volume": 7869563.45, "trend": 23.291751, "fair_value": 26.233652, "relative_strength": -17.67834, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.062929, "energy": 54.567963, "activity_lines": [ 19.781333, 19.853809, 20.888076, 21.922648 ] }, { "date": "2026-08-07", "close": 20.559999, "volume": 10100805, "typical_volume": 7963456.35, "trend": 23.118418, "fair_value": 26.167282, "relative_strength": -16.952232, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.315522, "energy": 44.11824, "activity_lines": [ 20.013333, 19.943273, 20.758064, 21.746406 ] } ], "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." } } }