{ "ticker": { "uuid": "2eb16327-40f9-4a74-bdf2-ffe2d006ba71", "symbol": "300759", "name": "Pharmaron Beijing Co., Ltd.", "exchange": "SHZ", "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": "399001.SZ", "stage": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 92.978, "architecture_energy": 95.928, "architecture_maturity": 22.0, "architecture_confidence": 77.045, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 14.6, "rotation_up": 89.35, "upward_expansion": 99.73, "deceleration": 39.01, "rotation_down": 8.04, "downward_expansion": 21.73 }, "activity_lines": [ 39.605999, 35.105516, 31.308801, 30.319619 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 45.279999, "trend_reference": 29.671149, "distance_from_trend": 0.526062, "trend_direction": "Improving", "fair_value": 26.683, "distance_from_fair_value": 0.696961, "fair_value_direction": "Improving", "relative_strength": 43.991934, "relative_strength_direction": "Improving", "price_momentum": 0.525606, "excess_performance": 0.518207, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.526062, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.014618, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.696961, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.672006, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.439919, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.675858, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.525606, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.714505, "read": "Demand-led" } ], "volume": { "latest": 376855774, "relative_activity": 1.811854, "balance": 2.714505, "dry_up": 2.186245, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.094992, "annualized_volatility": 0.548764, "from_high_reference": -0.000442, "from_low_reference": 1.16925 }, "levels": { "trend_reference": 29.671149, "fair_value_reference": 26.683, "structural_low": 20.873572, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 10, "median_return": -0.052599, "positive_rate": 0.3, "directional_follow_through": 0.3, "median_excess_return": -0.048021, "regime_survival": 0.4, "best_return": 0.142173, "worst_return": -0.168293, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": -0.236852, "positive_rate": 0.166667, "directional_follow_through": 0.166667, "median_excess_return": -0.155242, "regime_survival": 0.166667, "best_return": 0.115141, "worst_return": -0.334597, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.114692, "positive_rate": 0.2, "directional_follow_through": 0.2, "median_excess_return": -0.186251, "regime_survival": 0.0, "best_return": 0.06338, "worst_return": -0.35761, "sufficient": true }, { "horizon": "Full cycle", 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"typical_volume": 165912097.2, "trend": 28.561816, "fair_value": 26.391279, "relative_strength": 18.670427, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 44.902247, "energy": 49.265042, "activity_lines": [ 31.743645, 28.551034, 27.907293, 28.121304 ] }, { "date": "2026-07-24", "close": 38.529999, "volume": 498284267, "typical_volume": 185465992.05, "trend": 28.864816, "fair_value": 26.479548, "relative_strength": 27.799978, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 58.6675, "energy": 73.077499, "activity_lines": [ 34.753004, 30.642225, 28.931558, 28.764413 ] }, { "date": "2026-07-31", "close": 36.799999, "volume": 302394161, "typical_volume": 193790150.05, "trend": 29.109483, "fair_value": 26.549679, "relative_strength": 23.795395, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 71.6145, "energy": 85.020215, "activity_lines": [ 36.121198, 32.20178, 29.737822, 29.27636 ] }, { "date": "2026-08-07", "close": 45.279999, "volume": 376855774, "typical_volume": 207994532.2, "trend": 29.671149, "fair_value": 26.683, "relative_strength": 43.991934, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.97844, "energy": 95.928053, "activity_lines": [ 39.605999, 35.105516, 31.308801, 30.319619 ] } ], "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." } } }