{ "ticker": { "uuid": "1eca4159-a4b0-4494-9063-52a3f0e3aeef", "symbol": "600513", "name": "Jiangsu Lianhuan 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": "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": "Early contraction", "architecture_gate": "down", "architecture_direction": -37.366, "architecture_energy": 23.534, "architecture_maturity": 73.121, "architecture_confidence": 70.774, "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": 38.92, "rotation_up": 28.31, "upward_expansion": 20.77, "deceleration": 46.88, "rotation_down": 24.0, "downward_expansion": 57.1 }, "activity_lines": [ 17.010667, 16.401993, 17.34845, 18.494515 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 18.07, "trend_reference": 19.56705, "distance_from_trend": -0.076509, "trend_direction": "Weakening", "fair_value": 13.098158, "distance_from_fair_value": 0.379583, "fair_value_direction": "Weakening", "relative_strength": -9.219371, "relative_strength_direction": "Weakening", "price_momentum": -0.022186, "excess_performance": 0.021018, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.076509, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.054656, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.379583, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.34571, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.092194, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.15498, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.022186, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.09266, "read": "Demand-led" } ], "volume": { "latest": 139566167, "relative_activity": 1.452266, "balance": 1.09266, "dry_up": 1.688654, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.109553, "annualized_volatility": 0.606769, "from_high_reference": -0.440037, "from_low_reference": 0.321873 }, "levels": { "trend_reference": 19.56705, "fair_value_reference": 13.098158, "structural_low": 13.67, "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": 0.023725, "positive_rate": 0.647059, "directional_follow_through": 0.294118, "median_excess_return": 0.020226, "regime_survival": 0.705882, "best_return": 0.171569, "worst_return": -0.131269, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.073384, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.07824, "regime_survival": 0.333333, "best_return": 1.126086, "worst_return": -0.098839, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.097272, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": -0.016771, "regime_survival": 0.2, "best_return": 1.445055, "worst_return": -0.194819, "sufficient": true }, { "horizon": "Full cycle", 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85849859.15, "trend": 19.69305, "fair_value": 12.95336, "relative_strength": -11.670017, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.979164, "energy": 58.397135, "activity_lines": [ 15.857886, 16.075893, 18.065662, 19.01489 ] }, { "date": "2026-07-24", "close": 15.42, "volume": 141755552, "typical_volume": 88946066.85, "trend": 19.607716, "fair_value": 12.99207, "relative_strength": -20.205427, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.533102, "energy": 45.942148, "activity_lines": [ 15.79625, 15.842957, 17.652512, 18.739209 ] }, { "date": "2026-07-31", "close": 17.32, "volume": 146112204, "typical_volume": 92252338.45, "trend": 19.57505, "fair_value": 13.04271, "relative_strength": -10.788494, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.314075, "energy": 33.220596, "activity_lines": [ 16.383687, 16.039657, 17.454791, 18.591615 ] }, { "date": "2026-08-07", "close": 18.07, "volume": 139566167, "typical_volume": 96102355.65, "trend": 19.56705, "fair_value": 13.098158, "relative_strength": -9.219371, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.366227, "energy": 23.533688, "activity_lines": [ 17.010667, 16.401993, 17.34845, 18.494515 ] } ], "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." } } }