{ "ticker": { "uuid": "3081f57b-923f-48af-9cbe-9ab01aa2775c", "symbol": "002899", "name": "Impulse (Qingdao) Health Tech 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": 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": -67.471, "architecture_energy": 77.163, "architecture_maturity": 30.0, "architecture_confidence": 91.388, "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": 7.68, "rotation_up": 15.0, "upward_expansion": 17.36, "deceleration": 41.24, "rotation_down": 72.79, "downward_expansion": 93.03 }, "activity_lines": [ 19.009332, 20.188766, 23.650989, 25.737268 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 19.879999, "trend_reference": 28.116273, "distance_from_trend": -0.292936, "trend_direction": "Weakening", "fair_value": 20.350908, "distance_from_fair_value": -0.023139, "fair_value_direction": "Weakening", "relative_strength": -26.156668, "relative_strength_direction": "Weakening", "price_momentum": -0.390558, "excess_performance": -0.397958, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.292936, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.040287, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.023139, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.783019, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.261567, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.361228, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.390558, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.309777, "read": "Supply-led" } ], "volume": { "latest": 20367083, "relative_activity": 1.243007, "balance": 0.309777, "dry_up": 1.287576, "accumulation_observations": 2, "distribution_observations": 6 }, "risk": { "range_context": 0.131532, "annualized_volatility": 0.440492, "from_high_reference": -0.450451, "from_low_reference": 0.188284 }, "levels": { "trend_reference": 28.116273, "fair_value_reference": 20.350908, "structural_low": 16.73, "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": 14, "median_return": -0.001559, "positive_rate": 0.428571, "directional_follow_through": 0.571429, "median_excess_return": 0.039817, "regime_survival": 0.714286, "best_return": 0.459016, "worst_return": -0.119549, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.049533, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.026678, "regime_survival": 0.333333, "best_return": 0.928458, "worst_return": -0.145879, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.050074, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.006357, "regime_survival": 0.25, "best_return": 1.352467, "worst_return": -0.117262, "sufficient": false 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"downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-30", "end": "2025-06-20", "tenure": "New", "return": 0.072523, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-27", "end": "2025-07-11", "tenure": "New", "return": 0.110502, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-18", "end": "2025-08-01", "tenure": "New", "return": -0.019694, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-08", "end": "2025-10-17", "tenure": "Developing", "return": 0.014589, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-24", "end": "2026-03-06", "tenure": "Established", "return": 0.286258, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-13", "end": "2026-04-24", "tenure": "Developing", "return": 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"trend": 28.60494, "fair_value": 20.29884, "relative_strength": -32.186687, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.180802, "energy": 92.617608, "activity_lines": [ 19.627999, 21.435759, 25.170924, 26.933454 ] }, { "date": "2026-07-31", "close": 18.549999, "volume": 19726299, "typical_volume": 16169348.1, "trend": 28.36594, "fair_value": 20.321628, "relative_strength": -27.860604, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.31698, "energy": 88.489603, "activity_lines": [ 18.961332, 20.589651, 24.314742, 26.284748 ] }, { "date": "2026-08-07", "close": 19.879999, "volume": 20367083, "typical_volume": 16385337.2, "trend": 28.116273, "fair_value": 20.350908, "relative_strength": -26.156668, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.471205, "energy": 77.163278, "activity_lines": [ 19.009332, 20.188766, 23.650989, 25.737268 ] } ], "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." } } }