{
  "ticker": {
    "uuid": "3bdd74a8-5dc9-4763-8af6-af252ac25362",
    "symbol": "300009",
    "name": "Anhui Anke Biotechnology (Group) 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": "4c",
    "phase_label": "Stage 4C \u00b7 Repair watch",
    "transition": "stage_4_to_1_watch",
    "transition_label": "Stage 4 \u2192 1 repair watch",
    "confidence": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -24.539,
    "architecture_energy": 16.465,
    "architecture_maturity": 92.464,
    "architecture_confidence": 74.09,
    "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": 44.79,
        "rotation_up": 31.73,
        "upward_expansion": 20.64,
        "deceleration": 43.71,
        "rotation_down": 21.38,
        "downward_expansion": 54.64
      },
      "activity_lines": [
        8.266,
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        8.191758,
        8.435762
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      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.0
    },
    "latest_close": 8.55,
    "trend_reference": 8.816685,
    "distance_from_trend": -0.030248,
    "trend_direction": "Weakening",
    "fair_value": 8.864166,
    "distance_from_fair_value": -0.035442,
    "fair_value_direction": "Improving",
    "relative_strength": -12.383885,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.12344,
    "excess_performance": -0.13084,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.030248,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.063135,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.035442,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.006424,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.123839,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.146926,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.12344,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.636192,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 98807129,
      "relative_activity": 1.219765,
      "balance": 0.636192,
      "dry_up": 1.547426,
      "accumulation_observations": 2,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.059937,
      "annualized_volatility": 0.275862,
      "from_high_reference": -0.324794,
      "from_low_reference": 0.144578
    },
    "levels": {
      "trend_reference": 8.816685,
      "fair_value_reference": 8.864166,
      "structural_low": 7.47,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 23,
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        "positive_rate": 0.521739,
        "directional_follow_through": 0.434783,
        "median_excess_return": 0.00281,
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        "worst_return": -0.121154,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 10,
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        "regime_survival": 0.4,
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        "worst_return": -0.158309,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
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        "sufficient": true
      },
      {
        "horizon": "Full cycle",
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        "regime": "rotation_up",
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      {
        "regime": "balance",
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      },
      {
        "date": "2026-07-24",
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      },
      {
        "date": "2026-07-31",
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        "typical_volume": 79201197.65,
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        "fair_value": 8.869096,
        "relative_strength": -11.915833,
        "stage": 4,
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        "direction": -37.751734,
        "energy": 21.305561,
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      },
      {
        "date": "2026-08-07",
        "close": 8.55,
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        "typical_volume": 81005052.3,
        "trend": 8.816685,
        "fair_value": 8.864166,
        "relative_strength": -12.383885,
        "stage": 4,
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        "modifier": "Established contraction",
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      }
    ],
    "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."
    }
  }
}