{ "ticker": { "uuid": "3dc23df0-d136-46ec-bb7d-d7c39a590347", "symbol": "600521", "name": "Zhejiang Huahai Pharmaceutical 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": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 91.484, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "mixed", "architecture_direction": 45.359, "architecture_energy": 50.506, "architecture_maturity": 11.558, "architecture_confidence": 64.251, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 35.07, "rotation_up": 69.58, "upward_expansion": 58.05, "deceleration": 23.89, "rotation_down": 16.81, "downward_expansion": 16.38 }, "activity_lines": [ 16.786666, 16.143323, 15.90397, 15.89933 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 17.549999, "trend_reference": 16.035149, "distance_from_trend": 0.094471, "trend_direction": "Weakening", "fair_value": 16.784057, "distance_from_fair_value": 0.045635, "fair_value_direction": "Improving", "relative_strength": -0.939442, "relative_strength_direction": "Improving", "price_momentum": 0.116412, "excess_performance": 0.159616, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.094471, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.044618, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.045635, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.082279, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.009394, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.190558, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.116412, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.038914, "read": "Demand-led" } ], "volume": { "latest": 201515237, "relative_activity": 1.505445, "balance": 1.038914, "dry_up": 1.738106, "accumulation_observations": 4, "distribution_observations": 4 }, "risk": { "range_context": 0.068177, "annualized_volatility": 0.287603, "from_high_reference": -0.372542, "from_low_reference": 0.262405 }, "levels": { "trend_reference": 16.035149, "fair_value_reference": 16.784057, "structural_low": 13.90203, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 17, "median_return": -0.031554, "positive_rate": 0.411765, "directional_follow_through": 0.411765, "median_excess_return": -0.011825, "regime_survival": 0.411765, "best_return": 0.194512, "worst_return": -0.151677, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.035821, "positive_rate": 0.777778, "directional_follow_through": 0.777778, "median_excess_return": 0.05477, "regime_survival": 0.444444, "best_return": 0.19851, "worst_return": -0.166208, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.044579, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": 0.094884, "regime_survival": 0.4, "best_return": 0.222444, "worst_return": -0.196223, 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{ "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-24", "end": "2025-01-31", "tenure": "New", "return": -0.004493, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-02-07", "end": "2025-06-06", "tenure": "Established", "return": 0.217447, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-13", "end": "2025-07-04", "tenure": "New", "return": 0.121463, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-11", "end": "2025-10-03", "tenure": "Established", "return": 0.030642, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-10", "end": "2025-10-31", "tenure": "New", "return": -0.076553, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-07", "end": 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15.526043, 15.639394, 15.75621 ] }, { "date": "2026-07-31", "close": 16.719999, "volume": 166389577, "typical_volume": 127136183.0, "trend": 16.015816, "fair_value": 16.785096, "relative_strength": -3.598281, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.072206, "energy": 29.177923, "activity_lines": [ 16.345333, 15.763, 15.734277, 15.800351 ] }, { "date": "2026-08-07", "close": 17.549999, "volume": 201515237, "typical_volume": 133857568.2, "trend": 16.035149, "fair_value": 16.784057, "relative_strength": -0.939442, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 45.358687, "energy": 50.506488, "activity_lines": [ 16.786666, 16.143323, 15.90397, 15.89933 ] } ], "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." } } }