{ "ticker": { "uuid": "49227650-79ec-4d93-828e-aeea14991841", "symbol": "600587", "name": "Shinva Medical Instrument 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": -36.376, "architecture_energy": 23.902, "architecture_maturity": 99.734, "architecture_confidence": 76.539, "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": 34.79, "rotation_up": 29.84, "upward_expansion": 20.07, "deceleration": 47.0, "rotation_down": 26.41, "downward_expansion": 58.73 }, "activity_lines": [ 12.739333, 12.531668, 12.7762, 13.236311 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 12.79, "trend_reference": 13.965508, "distance_from_trend": -0.084172, "trend_direction": "Weakening", "fair_value": 17.21565, "distance_from_fair_value": -0.257071, "fair_value_direction": "Improving", "relative_strength": -12.568741, "relative_strength_direction": "Improving", "price_momentum": -0.182225, "excess_performance": -0.139021, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.084172, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.056832, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.257071, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.01844, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.125687, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.063658, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.182225, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.681842, "read": "Supply-led" } ], "volume": { "latest": 29284773, "relative_activity": 1.131071, "balance": 0.681842, "dry_up": 1.685858, "accumulation_observations": 3, "distribution_observations": 4 }, "risk": { "range_context": 0.059317, "annualized_volatility": 0.251046, "from_high_reference": -0.302491, "from_low_reference": 0.112905 }, "levels": { "trend_reference": 13.965508, "fair_value_reference": 17.21565, "structural_low": 11.492441, "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": 29, "median_return": -0.010192, "positive_rate": 0.448276, "directional_follow_through": 0.551724, "median_excess_return": -0.00291, "regime_survival": 0.827586, "best_return": 0.17038, "worst_return": -0.230769, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": -0.021381, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": -0.044272, "regime_survival": 0.6, "best_return": 0.379487, "worst_return": -0.210363, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.09052, "positive_rate": 0.166667, "directional_follow_through": 0.833333, "median_excess_return": -0.154163, "regime_survival": 0.666667, "best_return": 0.474113, "worst_return": -0.211506, "sufficient": 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12.430824, 12.398602, 12.853155, 13.386269 ] }, { "date": "2026-07-31", "close": 12.98, "volume": 33989288, "typical_volume": 26478960.5, "trend": 14.019175, "fair_value": 17.326359, "relative_strength": -9.407373, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.469295, "energy": 28.249562, "activity_lines": [ 12.666, 12.481508, 12.81813, 13.315612 ] }, { "date": "2026-08-07", "close": 12.79, "volume": 29284773, "typical_volume": 25891190.75, "trend": 13.965508, "fair_value": 17.21565, "relative_strength": -12.568741, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.376161, "energy": 23.901905, "activity_lines": [ 12.739333, 12.531668, 12.7762, 13.236311 ] } ], "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." } } }