{
  "ticker": {
    "uuid": "465ff7ba-a7e5-4151-8ef7-6f6ef2e6f49b",
    "symbol": "605507",
    "name": "Guobang Pharma 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": 82.134,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -30.326,
    "architecture_energy": 19.268,
    "architecture_maturity": 69.246,
    "architecture_confidence": 60.182,
    "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": 49.14,
        "rotation_up": 29.94,
        "upward_expansion": 17.94,
        "deceleration": 46.8,
        "rotation_down": 23.0,
        "downward_expansion": 54.28
      },
      "activity_lines": [
        15.975334,
        15.752727,
        15.84038,
        16.344347
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.166667
    },
    "latest_close": 16.200001,
    "trend_reference": 16.985828,
    "distance_from_trend": -0.046264,
    "trend_direction": "Weakening",
    "fair_value": 13.887221,
    "distance_from_fair_value": 0.16654,
    "fair_value_direction": "Weakening",
    "relative_strength": -1.406804,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.140939,
    "excess_performance": -0.097736,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.046264,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.008855,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.16654,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.001806,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.014068,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.069561,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.140939,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.616614,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 44469398,
      "relative_activity": 1.903287,
      "balance": 0.616614,
      "dry_up": 1.799616,
      "accumulation_observations": 2,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.06766,
      "annualized_volatility": 0.32654,
      "from_high_reference": -0.213149,
      "from_low_reference": 0.112637
    },
    "levels": {
      "trend_reference": 16.985828,
      "fair_value_reference": 13.887221,
      "structural_low": 14.56,
      "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": 16,
        "median_return": -0.004332,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.000347,
        "regime_survival": 0.875,
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        "worst_return": -0.113366,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 6,
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        "positive_rate": 0.333333,
        "directional_follow_through": 0.666667,
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        "regime_survival": 0.666667,
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        "worst_return": -0.193839,
        "sufficient": true
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      {
        "horizon": "Extended",
        "sample_count": 4,
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        "sufficient": false
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      {
        "horizon": "Full cycle",
        "sample_count": 3,
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        "tenure": "Extended",
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      {
        "regime": "balance",
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      {
        "regime": "rotation_up",
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      {
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      {
        "regime": "upward_expansion",
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      {
        "regime": "balance",
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      },
      {
        "date": "2026-07-17",
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 23064300.1,
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        "fair_value": 13.85976,
        "relative_strength": -2.493389,
        "stage": 4,
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        "modifier": "Early contraction",
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        "direction": -43.150258,
        "energy": 28.969567,
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      },
      {
        "date": "2026-07-31",
        "close": 16.24,
        "volume": 31714567,
        "typical_volume": 22834464.85,
        "trend": 17.013531,
        "fair_value": 13.874501,
        "relative_strength": 1.419021,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -36.919008,
        "energy": 21.23494,
        "activity_lines": [
          15.816,
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      },
      {
        "date": "2026-08-07",
        "close": 16.200001,
        "volume": 44469398,
        "typical_volume": 23364520.65,
        "trend": 16.985828,
        "fair_value": 13.887221,
        "relative_strength": -1.406804,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -30.326474,
        "energy": 19.267831,
        "activity_lines": [
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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."
    }
  }
}