{ "ticker": { "uuid": "4915e816-45c7-4fe6-b6da-683567b9ef27", "symbol": "603205", "name": "Jianerkang 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": -58.585, "architecture_energy": 49.123, "architecture_maturity": 68.455, "architecture_confidence": 81.256, "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": 15.95, "rotation_up": 27.01, "upward_expansion": 8.24, "deceleration": 60.33, "rotation_down": 44.3, "downward_expansion": 76.91 }, "activity_lines": [ 21.003334, 21.046593, 22.343726, 23.446994 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 21.76, "trend_reference": 24.954199, "distance_from_trend": -0.128002, "trend_direction": "Weakening", "fair_value": 28.197435, "distance_from_fair_value": -0.228299, "fair_value_direction": "Weakening", "relative_strength": -17.599385, "relative_strength_direction": "Weakening", "price_momentum": -0.231638, "excess_performance": -0.188435, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.128002, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.081914, "read": "Falling" 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"structural_low": 19.57, "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": 2, "median_return": -0.085734, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.04312, "regime_survival": 1.0, "best_return": 0.019642, "worst_return": -0.19111, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Extended", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 0, 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"modifier": "Established contraction", "gate": "down", "direction": -62.787226, "energy": 58.706309, "activity_lines": [ 21.148994, 21.747647, 23.280621, 24.348151 ] }, { "date": "2026-07-24", "close": 19.870001, "volume": 6364869, "typical_volume": 3829707.5, "trend": 25.404866, "fair_value": 28.354456, "relative_strength": -23.572149, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.160939, "energy": 59.251278, "activity_lines": [ 20.761057, 21.25172, 22.849878, 23.97388 ] }, { "date": "2026-07-31", "close": 20.66, "volume": 3552735, "typical_volume": 3873263.4, "trend": 25.181866, "fair_value": 28.268962, "relative_strength": -20.235119, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.991348, "energy": 57.620481, "activity_lines": [ 20.70901, 21.001429, 22.529088, 23.66776 ] }, { "date": "2026-08-07", "close": 21.76, "volume": 4142511, "typical_volume": 3939151.75, "trend": 24.954199, "fair_value": 28.197435, "relative_strength": -17.599385, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.584844, "energy": 49.122766, "activity_lines": [ 21.003334, 21.046593, 22.343726, 23.446994 ] } ], "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." } } }