{ "ticker": { "uuid": "3e17f3b8-0331-48fe-aa88-933b16ca9999", "symbol": "002294", "name": "Shenzhen Salubris Pharmaceuticals 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": "Established contraction", "architecture_gate": "down", "architecture_direction": -45.834, "architecture_energy": 37.478, "architecture_maturity": 81.77, "architecture_confidence": 62.048, "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": 27.27, "rotation_up": 26.93, "upward_expansion": 17.22, "deceleration": 66.12, "rotation_down": 37.59, "downward_expansion": 64.89 }, "activity_lines": [ 34.765999, 34.690181, 36.896817, 40.762473 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 36.029999, "trend_reference": 44.828624, "distance_from_trend": -0.196272, "trend_direction": "Weakening", "fair_value": 37.459334, "distance_from_fair_value": -0.038157, "fair_value_direction": "Weakening", "relative_strength": -30.03009, "relative_strength_direction": "Weakening", "price_momentum": -0.219582, "excess_performance": -0.226981, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.196272, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.149194, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.038157, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.30232, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.300301, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.031844, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.219582, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.706565, "read": "Supply-led" } ], "volume": { "latest": 125286653, "relative_activity": 1.241924, "balance": 0.706565, "dry_up": 1.687351, "accumulation_observations": 4, "distribution_observations": 4 }, "risk": { "range_context": 0.136732, "annualized_volatility": 0.723572, "from_high_reference": -0.484302, "from_low_reference": 0.207035 }, "levels": { "trend_reference": 44.828624, "fair_value_reference": 37.459334, 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"Established contraction", "gate": "down", "direction": -46.336076, "energy": 36.56911, "activity_lines": [ 36.382667, 34.74351, 39.808924, 43.125618 ] }, { "date": "2026-07-24", "close": 32.189999, "volume": 201083952, "typical_volume": 94545624.4, "trend": 46.049502, "fair_value": 37.408131, "relative_strength": -36.38735, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.490515, "energy": 34.655691, "activity_lines": [ 35.446, 34.387463, 38.596138, 42.181354 ] }, { "date": "2026-07-31", "close": 33.279999, "volume": 101460214, "typical_volume": 97383972.35, "trend": 45.253149, "fair_value": 37.425499, "relative_strength": -32.636773, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.373477, "energy": 40.189005, "activity_lines": [ 34.751999, 34.27509, 37.571999, 41.357515 ] }, { "date": "2026-08-07", "close": 36.029999, "volume": 125286653, "typical_volume": 100881080.45, "trend": 44.828624, "fair_value": 37.459334, "relative_strength": -30.03009, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.834486, "energy": 37.477774, "activity_lines": [ 34.765999, 34.690181, 36.896817, 40.762473 ] } ], "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." } } }