{ "ticker": { "uuid": "1dd981b0-d88b-47e9-9bb5-0cc5c1e7e098", "symbol": "600763", "name": "Topchoice Medical Co., Inc.", "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": -41.881, "architecture_energy": 29.329, "architecture_maturity": 86.02, "architecture_confidence": 78.179, "architecture_tenure": "Developing", "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": 29.56, "rotation_up": 27.4, "upward_expansion": 21.37, "deceleration": 46.93, "rotation_down": 31.22, "downward_expansion": 60.04 }, "activity_lines": [ 35.815333, 35.312727, 36.40019, 38.203764 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 36.619999, "trend_reference": 40.619333, "distance_from_trend": -0.098459, "trend_direction": "Weakening", "fair_value": 45.932144, "distance_from_fair_value": -0.202737, "fair_value_direction": "Weakening", "relative_strength": -12.090099, "relative_strength_direction": "Improving", "price_momentum": -0.203913, "excess_performance": -0.160709, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.098459, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.053501, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.202737, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.043063, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.120901, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.009492, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.203913, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.716965, "read": "Supply-led" } ], "volume": { "latest": 40789436, "relative_activity": 1.274343, "balance": 0.716965, "dry_up": 1.429601, "accumulation_observations": 3, "distribution_observations": 5 }, "risk": { "range_context": 0.067576, "annualized_volatility": 0.338344, "from_high_reference": -0.298736, "from_low_reference": 0.10268 }, "levels": { "trend_reference": 40.619333, "fair_value_reference": 45.932144, 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"down", "direction": -68.609158, "energy": 64.795873, "activity_lines": [ 34.552667, 35.231091, 37.662191, 39.58043 ] }, { "date": "2026-07-17", "close": 35.299999, "volume": 54448439, "typical_volume": 32601257.8, "trend": 41.121333, "fair_value": 46.64363, "relative_strength": -12.892587, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.867895, "energy": 55.574823, "activity_lines": [ 34.814667, 35.047091, 37.214953, 39.193721 ] }, { "date": "2026-07-24", "close": 33.889999, "volume": 44254748, "typical_volume": 32115566.55, "trend": 40.874, "fair_value": 46.413297, "relative_strength": -16.994071, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.830954, "energy": 55.47176, "activity_lines": [ 34.557333, 34.716727, 36.706143, 38.727183 ] }, { "date": "2026-07-31", "close": 36.880001, "volume": 43543241, "typical_volume": 31849108.2, "trend": 40.739, "fair_value": 46.182483, "relative_strength": -9.578198, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.693604, "energy": 39.386063, "activity_lines": [ 35.348, 35.037273, 36.547572, 38.469506 ] }, { "date": "2026-08-07", "close": 36.619999, "volume": 40789436, "typical_volume": 32008198.65, "trend": 40.619333, "fair_value": 45.932144, "relative_strength": -12.090099, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.880826, "energy": 29.329365, "activity_lines": [ 35.815333, 35.312727, 36.40019, 38.203764 ] } ], "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." } } }