{ "ticker": { "uuid": "50f160d7-0a15-47ec-9b27-0a18a03ed7e1", "symbol": "300653", "name": "Yantai Zhenghai Biotechnology Co., Ltd.", "exchange": "SHZ", "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": "399001.SZ", "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": -57.908, "architecture_energy": 47.823, "architecture_maturity": 91.504, "architecture_confidence": 81.872, "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": 15.41, "rotation_up": 28.4, "upward_expansion": 8.09, "deceleration": 60.95, "rotation_down": 42.09, "downward_expansion": 76.76 }, "activity_lines": [ 14.570667, 14.571636, 15.369238, 16.351698 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 15.42, "trend_reference": 17.709555, "distance_from_trend": -0.129284, "trend_direction": "Weakening", "fair_value": 21.255472, "distance_from_fair_value": -0.27454, "fair_value_direction": "Weakening", "relative_strength": -21.293942, "relative_strength_direction": "Improving", "price_momentum": -0.243951, "excess_performance": -0.251351, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.129284, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.096205, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.27454, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.069165, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.212939, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.060547, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.243951, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.868568, "read": "Supply-led" } ], "volume": { "latest": 11224330, "relative_activity": 1.337661, "balance": 0.868568, "dry_up": 1.26696, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.077838, "annualized_volatility": 0.284108, "from_high_reference": -0.344968, "from_low_reference": 0.153328 }, "levels": { "trend_reference": 17.709555, "fair_value_reference": 21.255472, "structural_low": 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"volume": 8179662, "typical_volume": 8300992.0, "trend": 17.849849, "fair_value": 21.354822, "relative_strength": -24.196398, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.563758, "energy": 59.173895, "activity_lines": [ 14.229333, 14.438364, 15.475311, 16.508463 ] }, { "date": "2026-08-07", "close": 15.42, "volume": 11224330, "typical_volume": 8391013.55, "trend": 17.709555, "fair_value": 21.255472, "relative_strength": -21.293942, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.908049, "energy": 47.823303, "activity_lines": [ 14.570667, 14.571636, 15.369238, 16.351698 ] } ], "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." } } }