{ "ticker": { "uuid": "200645a7-4717-4147-86d9-f36758f59c38", "symbol": "688166", "name": "BrightGene Bio-Medical Technology 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": -60.553, "architecture_energy": 47.265, "architecture_maturity": 52.666, "architecture_confidence": 86.168, "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": 23.66, "rotation_up": 25.23, "upward_expansion": 12.33, "deceleration": 59.82, "rotation_down": 50.39, "downward_expansion": 76.66 }, "activity_lines": [ 35.669333, 36.032778, 42.764885, 45.22632 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 38.139999, "trend_reference": 47.55271, "distance_from_trend": -0.197943, "trend_direction": "Weakening", "fair_value": 42.219397, "distance_from_fair_value": -0.096624, "fair_value_direction": "Weakening", "relative_strength": -32.56939, "relative_strength_direction": "Weakening", "price_momentum": -0.184869, "excess_performance": -0.141665, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.197943, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.090561, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.096624, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.739802, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.325694, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.303968, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.184869, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.415136, "read": "Supply-led" } ], "volume": { "latest": 99755987, "relative_activity": 1.640556, "balance": 0.415136, "dry_up": 1.718862, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.174645, "annualized_volatility": 0.658068, "from_high_reference": -0.688882, "from_low_reference": 0.32707 }, "levels": { "trend_reference": 47.55271, "fair_value_reference": 42.219397, "structural_low": 28.74, "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": 25, "median_return": 0.023847, "positive_rate": 0.52, "directional_follow_through": 0.48, "median_excess_return": -0.022679, "regime_survival": 0.76, "best_return": 0.95443, "worst_return": -0.215272, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.015429, "positive_rate": 0.444444, "directional_follow_through": 0.555556, "median_excess_return": 0.000182, "regime_survival": 0.444444, "best_return": 0.967143, "worst_return": -0.219911, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.024762, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.032267, "regime_survival": 0.166667, "best_return": 0.876956, "worst_return": -0.27326, "sufficient": true }, { 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"downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.882653, "energy": 81.527057, "activity_lines": [ 35.268001, 39.514006, 46.559999, 47.772845 ] }, { "date": "2026-07-24", "close": 34.810001, "volume": 125415896, "typical_volume": 59475054.2, "trend": 48.492377, "fair_value": 42.03432, "relative_strength": -39.448699, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.958081, "energy": 72.811482, "activity_lines": [ 34.834667, 37.783817, 45.210516, 46.860455 ] }, { "date": "2026-07-31", "close": 32.939999, "volume": 77606269, "typical_volume": 60169187.45, "trend": 47.91671, "fair_value": 42.108947, "relative_strength": -41.550061, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.873823, "energy": 58.139593, "activity_lines": [ 34.338, 36.214305, 43.712034, 45.857076 ] }, { "date": "2026-08-07", "close": 38.139999, "volume": 99755987, "typical_volume": 60806205.3, "trend": 47.55271, "fair_value": 42.219397, "relative_strength": -32.56939, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.552501, "energy": 47.265333, "activity_lines": [ 35.669333, 36.032778, 42.764885, 45.22632 ] } ], "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." } } }