{ "ticker": { "uuid": "335fb0cc-f94f-4d17-9dd2-0fc4c060b9eb", "symbol": "688085", "name": "Shanghai Sanyou Medical 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": "Established contraction", "architecture_gate": "down", "architecture_direction": -45.581, "architecture_energy": 40.803, "architecture_maturity": 100.0, "architecture_confidence": 86.855, "architecture_tenure": "Established", "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": 26.85, "rotation_up": 27.56, "upward_expansion": 19.31, "deceleration": 46.98, "rotation_down": 34.18, "downward_expansion": 64.64 }, "activity_lines": [ 12.834, 12.633704, 13.469145, 14.808596 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 13.47, "trend_reference": 16.700456, "distance_from_trend": -0.193435, "trend_direction": "Weakening", "fair_value": 16.578928, "distance_from_fair_value": -0.187523, "fair_value_direction": "Weakening", "relative_strength": -24.810292, "relative_strength_direction": "Weakening", "price_momentum": -0.384369, "excess_performance": -0.341165, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.193435, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.111536, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.187523, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.199252, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.248103, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.096852, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.384369, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.516713, "read": "Supply-led" } ], "volume": { "latest": 21875834, "relative_activity": 1.219838, "balance": 0.516713, "dry_up": 1.298397, "accumulation_observations": 3, "distribution_observations": 5 }, "risk": { "range_context": 0.099964, "annualized_volatility": 0.49227, "from_high_reference": -0.484501, "from_low_reference": 0.180543 }, "levels": { "trend_reference": 16.700456, "fair_value_reference": 16.578928, "structural_low": 11.41, "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": 22, "median_return": 0.026132, "positive_rate": 0.545455, "directional_follow_through": 0.454545, "median_excess_return": 0.020442, "regime_survival": 0.818182, "best_return": 0.214159, "worst_return": -0.248584, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.053998, "positive_rate": 0.625, "directional_follow_through": 0.375, "median_excess_return": 0.038705, "regime_survival": 0.5, "best_return": 0.555252, "worst_return": -0.379439, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.310805, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": 0.175506, "regime_survival": 0.4, "best_return": 0.631099, "worst_return": -0.440842, "sufficient": true }, { "horizon": 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"downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.057433, "energy": 61.679298, "activity_lines": [ 12.616667, 12.79047, 14.183626, 15.654254 ] }, { "date": "2026-07-24", "close": 11.71, "volume": 22185682, "typical_volume": 17279796.9, "trend": 17.016122, "fair_value": 16.660417, "relative_strength": -33.642282, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.674468, "energy": 60.52965, "activity_lines": [ 12.383333, 12.487346, 13.813608, 15.297515 ] }, { "date": "2026-07-31", "close": 12.82, "volume": 18022362, "typical_volume": 17376742.65, "trend": 16.852122, "fair_value": 16.61267, "relative_strength": -27.059496, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.610093, "energy": 47.897335, "activity_lines": [ 12.547333, 12.471347, 13.592162, 15.026797 ] }, { "date": "2026-08-07", "close": 13.47, "volume": 21875834, "typical_volume": 17933396.1, "trend": 16.700456, "fair_value": 16.578928, "relative_strength": -24.810292, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.581367, "energy": 40.803253, "activity_lines": [ 12.834, 12.633704, 13.469145, 14.808596 ] } ], "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." } } }