{ "ticker": { "uuid": "4c01ff4b-e136-4c33-9a45-c3fb34f03507", "symbol": "688137", "name": "Novoprotein Scientific 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": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 90.855, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -15.198, "architecture_energy": 12.947, "architecture_maturity": 49.132, "architecture_confidence": 69.03, "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": 45.37, "rotation_up": 27.48, "upward_expansion": 16.23, "deceleration": 42.8, "rotation_down": 28.4, "downward_expansion": 63.9 }, "activity_lines": [ 39.27, 38.112182, 40.096571, 41.156 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 46.720001, "trend_reference": 42.503, "distance_from_trend": 0.099217, "trend_direction": "Weakening", "fair_value": 39.984773, "distance_from_fair_value": 0.168445, "fair_value_direction": "Weakening", "relative_strength": 10.601738, "relative_strength_direction": "Improving", "price_momentum": 0.053439, "excess_performance": 0.096642, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.099217, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.031241, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.168445, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.029308, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.106017, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.036802, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.053439, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.650415, "read": "Supply-led" } ], "volume": { "latest": 10596665, "relative_activity": 2.52862, "balance": 0.650415, "dry_up": 1.560529, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.104501, "annualized_volatility": 0.574401, "from_high_reference": -0.143695, "from_low_reference": 0.407229 }, "levels": { "trend_reference": 42.503, "fair_value_reference": 39.984773, "structural_low": 33.200001, 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"Early contraction", "gate": "down", "direction": -61.225673, "energy": 62.005501, "activity_lines": [ 37.282667, 38.762182, 41.531143, 42.286473 ] }, { "date": "2026-07-17", "close": 36.75, "volume": 7968994, "typical_volume": 3715017.7, "trend": 42.700333, "fair_value": 40.238118, "relative_strength": -10.349695, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.914359, "energy": 46.360515, "activity_lines": [ 37.264, 37.986727, 40.982714, 41.896989 ] }, { "date": "2026-07-24", "close": 34.009998, "volume": 4468300, "typical_volume": 3778846.95, "trend": 42.464333, "fair_value": 40.123084, "relative_strength": -17.552096, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.150312, "energy": 46.46225, "activity_lines": [ 36.331999, 36.942727, 40.209238, 41.336322 ] }, { "date": "2026-07-31", "close": 35.23, "volume": 3124819, "typical_volume": 3794535.95, "trend": 42.280666, "fair_value": 40.016692, "relative_strength": -14.426607, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.143057, "energy": 44.703838, "activity_lines": [ 35.938, 36.38, 39.590904, 40.869591 ] }, { "date": "2026-08-07", "close": 46.720001, "volume": 10596665, "typical_volume": 4190691.15, "trend": 42.503, "fair_value": 39.984773, "relative_strength": 10.601738, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -15.197644, "energy": 12.947304, "activity_lines": [ 39.27, 38.112182, 40.096571, 41.156 ] } ], "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." } } }