{ "ticker": { "uuid": "5b68d886-e305-4800-971c-b8adef22cec2", "symbol": "301103", "name": "Liaoning He Eye Hospital Group 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": -46.334, "architecture_energy": 40.86, "architecture_maturity": 91.25, "architecture_confidence": 66.49, "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": 26.21, "rotation_up": 26.16, "upward_expansion": 18.03, "deceleration": 66.92, "rotation_down": 37.3, "downward_expansion": 63.36 }, "activity_lines": [ 15.780667, 15.731818, 16.539511, 17.404464 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 16.440001, "trend_reference": 18.549431, "distance_from_trend": -0.113719, "trend_direction": "Weakening", "fair_value": 22.522322, "distance_from_fair_value": -0.270057, "fair_value_direction": "Weakening", "relative_strength": -19.351296, "relative_strength_direction": "Improving", "price_momentum": -0.21991, "excess_performance": -0.22731, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.113719, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.075062, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.270057, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.076431, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.193513, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.045632, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.21991, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.504624, "read": "Supply-led" } ], "volume": { "latest": 9456390, "relative_activity": 1.176434, "balance": 0.504624, "dry_up": 1.315308, "accumulation_observations": 2, "distribution_observations": 5 }, "risk": { "range_context": 0.07369, "annualized_volatility": 0.279784, "from_high_reference": -0.319182, "from_low_reference": 0.133793 }, "levels": { "trend_reference": 18.549431, "fair_value_reference": 22.522322, 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"stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.033028, "energy": 81.222771, "activity_lines": [ 15.677333, 16.205821, 17.398124, 18.221044 ] }, { "date": "2026-07-17", "close": 15.91, "volume": 13041296, "typical_volume": 7769032.55, "trend": 18.940908, "fair_value": 22.966942, "relative_strength": -21.561156, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.264459, "energy": 60.735242, "activity_lines": [ 15.73, 16.028678, 17.163767, 18.018722 ] }, { "date": "2026-07-24", "close": 14.65, "volume": 11901101, "typical_volume": 7903250.65, "trend": 18.770374, "fair_value": 22.807761, "relative_strength": -27.162271, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.873045, "energy": 63.356869, "activity_lines": [ 15.399333, 15.692733, 16.836647, 17.74189 ] }, { "date": "2026-07-31", "close": 15.75, "volume": 7891950, "typical_volume": 7920354.75, "trend": 18.649724, "fair_value": 22.659307, "relative_strength": -19.604623, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.711547, "energy": 53.021977, "activity_lines": [ 15.504, 15.627818, 16.643276, 17.547027 ] }, { "date": "2026-08-07", "close": 16.440001, "volume": 9456390, "typical_volume": 8038183.25, "trend": 18.549431, "fair_value": 22.522322, "relative_strength": -19.351296, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.333958, "energy": 40.85979, "activity_lines": [ 15.780667, 15.731818, 16.539511, 17.404464 ] } ], "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." } } }