{ "ticker": { "uuid": "49c69cc4-6c1c-4c59-84d7-5e4496abaa98", "symbol": "688289", "name": "Sansure Biotech Inc.", "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": -38.875, "architecture_energy": 25.555, "architecture_maturity": 100.0, "architecture_confidence": 74.859, "architecture_tenure": "Extended", "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": 34.81, "rotation_up": 27.31, "upward_expansion": 20.56, "deceleration": 46.95, "rotation_down": 26.83, "downward_expansion": 56.89 }, "activity_lines": [ 15.310667, 15.044789, 15.506852, 16.202395 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 15.71, "trend_reference": 17.236116, "distance_from_trend": -0.088542, "trend_direction": "Weakening", "fair_value": 18.854333, "distance_from_fair_value": -0.16677, "fair_value_direction": "Weakening", "relative_strength": -15.440244, "relative_strength_direction": "Improving", "price_momentum": -0.226108, "excess_performance": -0.182905, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.088542, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.093276, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.16677, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.105755, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.154402, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.031655, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.226108, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.603641, "read": "Supply-led" } ], "volume": { "latest": 23694383, "relative_activity": 1.236849, "balance": 0.603641, "dry_up": 1.47691, "accumulation_observations": 3, "distribution_observations": 4 }, "risk": { "range_context": 0.072313, "annualized_volatility": 0.2635, "from_high_reference": -0.31517, "from_low_reference": 0.155339 }, "levels": { "trend_reference": 17.236116, "fair_value_reference": 18.854333, "structural_low": 13.597743, "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": 30, "median_return": 0.005238, "positive_rate": 0.533333, "directional_follow_through": 0.466667, "median_excess_return": 0.008008, "regime_survival": 0.766667, "best_return": 0.249604, "worst_return": -0.143972, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": -0.008301, "positive_rate": 0.363636, "directional_follow_through": 0.636364, "median_excess_return": 0.005857, "regime_survival": 0.545455, "best_return": 0.151817, "worst_return": -0.184292, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": -0.09582, "positive_rate": 0.428571, "directional_follow_through": 0.571429, "median_excess_return": -0.062712, "regime_survival": 0.428571, "best_return": 0.263491, "worst_return": -0.207298, 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18.873924, "relative_strength": -15.8389, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.767829, "energy": 49.553959, "activity_lines": [ 14.955267, 14.965213, 15.852187, 16.635837 ] }, { "date": "2026-07-24", "close": 14.56, "volume": 28297196, "typical_volume": 19404042.2, "trend": 17.465783, "fair_value": 18.864976, "relative_strength": -20.494273, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.998627, "energy": 41.609998, "activity_lines": [ 14.899333, 14.827513, 15.656123, 16.438432 ] }, { "date": "2026-07-31", "close": 15.44, "volume": 20370983, "typical_volume": 19511259.2, "trend": 17.342783, "fair_value": 18.859389, "relative_strength": -15.315716, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.68674, "energy": 32.490302, "activity_lines": [ 15.104, 14.896579, 15.561868, 16.307736 ] }, { "date": "2026-08-07", "close": 15.71, "volume": 23694383, "typical_volume": 19157050.3, "trend": 17.236116, "fair_value": 18.854333, "relative_strength": -15.440244, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.875204, "energy": 25.55512, "activity_lines": [ 15.310667, 15.044789, 15.506852, 16.202395 ] } ], "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." } } }