{ "ticker": { "uuid": "4f8ba223-615e-437e-9e12-1a8441265d09", "symbol": "688566", "name": "Jiangsu Jibeier Pharmaceutical 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": -55.994, "architecture_energy": 40.903, "architecture_maturity": 48.475, "architecture_confidence": 90.114, "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": 28.44, "rotation_up": 23.68, "upward_expansion": 5.34, "deceleration": 56.63, "rotation_down": 47.68, "downward_expansion": 76.34 }, "activity_lines": [ 24.57, 24.731221, 25.445071, 26.442682 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 25.139999, "trend_reference": 27.60434, "distance_from_trend": -0.089274, "trend_direction": "Weakening", "fair_value": 26.322757, "distance_from_fair_value": -0.044933, "fair_value_direction": "Weakening", "relative_strength": -15.406479, "relative_strength_direction": "Improving", "price_momentum": -0.116655, "excess_performance": -0.073451, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.089274, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.063266, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.044933, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.079983, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.154065, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.016488, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.116655, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.358565, "read": "Supply-led" } ], "volume": { "latest": 7991215, "relative_activity": 0.824844, "balance": 0.358565, "dry_up": 1.210712, "accumulation_observations": 0, "distribution_observations": 3 }, "risk": { "range_context": 0.076039, "annualized_volatility": 0.347044, "from_high_reference": -0.433368, "from_low_reference": 0.091146 }, "levels": { "trend_reference": 27.60434, "fair_value_reference": 26.322757, "structural_low": 23.040001, "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": 25, "median_return": 0.006877, "positive_rate": 0.52, "directional_follow_through": 0.48, "median_excess_return": 0.010399, "regime_survival": 0.76, "best_return": 0.250661, "worst_return": -0.154726, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.026555, "positive_rate": 0.555556, "directional_follow_through": 0.444444, "median_excess_return": 0.007113, "regime_survival": 0.555556, "best_return": 0.388293, "worst_return": -0.187888, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.053017, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.061348, "regime_survival": 0.666667, "best_return": 0.407032, "worst_return": -0.144982, "sufficient": true }, { "horizon": "Full 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26.306074, 27.168146 ] }, { "date": "2026-07-24", "close": 23.1, "volume": 12215892, "typical_volume": 10566845.65, "trend": 27.937007, "fair_value": 26.449293, "relative_strength": -20.925798, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.802268, "energy": 41.670731, "activity_lines": [ 24.696, 24.722204, 25.886121, 26.84322 ] }, { "date": "2026-07-31", "close": 24.35, "volume": 6983003, "typical_volume": 10110389.6, "trend": 27.76134, "fair_value": 26.380809, "relative_strength": -16.442368, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.276397, "energy": 42.229338, "activity_lines": [ 24.535333, 24.637807, 25.614644, 26.611801 ] }, { "date": "2026-08-07", "close": 25.139999, "volume": 7991215, "typical_volume": 9688149.9, "trend": 27.60434, "fair_value": 26.322757, "relative_strength": -15.406479, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.993945, "energy": 40.903383, "activity_lines": [ 24.57, 24.731221, 25.445071, 26.442682 ] } ], "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." } } }