{ "ticker": { "uuid": "6760ce2a-4607-4012-8611-05fb188360ff", "symbol": "688382", "name": "InventisBio Co., Limited", "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": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "down", "architecture_direction": -8.42, "architecture_energy": 11.392, "architecture_maturity": 18.119, "architecture_confidence": 60.917, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 55.91, "rotation_up": 37.48, "upward_expansion": 36.14, "deceleration": 36.59, "rotation_down": 22.89, "downward_expansion": 42.14 }, "activity_lines": [ 21.562, 20.995091, 20.669, 20.847118 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 20.77, "trend_reference": 21.879333, "distance_from_trend": -0.050702, "trend_direction": "Weakening", "fair_value": 18.64032, "distance_from_fair_value": 0.114251, "fair_value_direction": "Weakening", "relative_strength": -20.427221, "relative_strength_direction": "Improving", "price_momentum": -0.187402, "excess_performance": -0.144198, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.050702, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.111054, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.114251, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.090002, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.204272, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.112705, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.187402, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.835437, "read": "Supply-led" } ], "volume": { "latest": 114196512, "relative_activity": 1.42044, "balance": 0.835437, "dry_up": 1.525353, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.18003, "annualized_volatility": 0.719784, "from_high_reference": -0.543516, "from_low_reference": 0.323773 }, "levels": { "trend_reference": 21.879333, "fair_value_reference": 18.64032, "structural_low": 15.69, "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": 2, "median_return": -0.102184, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.090102, "regime_survival": 0.0, "best_return": 0.065373, "worst_return": -0.269741, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 2, "median_return": 0.040191, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.061616, "regime_survival": 0.0, "best_return": 0.341164, "worst_return": -0.260783, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.396011, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.430256, "regime_survival": 0.5, "best_return": 1.002043, "worst_return": -0.21002, "sufficient": false }, { "horizon": "Full cycle", 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"Deceleration", "color": "amber", "start": "2025-09-05", "end": "2025-10-10", "tenure": "Developing", "return": -0.326374, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-10-17", "end": "2025-11-28", "tenure": "Developing", "return": 0.042802, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-05", "end": "2026-01-09", "tenure": "Developing", "return": 0.189459, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-16", "end": "2026-02-06", "tenure": "New", "return": -0.227604, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-02-13", "end": "2026-07-17", "tenure": "Established", "return": 0.024534, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 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"date": "2026-07-10", "close": 22.41, "volume": 143681832, "typical_volume": 69637687.75, "trend": 22.868, "fair_value": 18.445385, "relative_strength": -21.181232, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.416625, "energy": 13.556534, "activity_lines": [ 20.223333, 19.586, 20.178143, 21.017398 ] }, { "date": "2026-07-17", "close": 22.549999, "volume": 147048341, "typical_volume": 74495446.65, "trend": 22.578, "fair_value": 18.502179, "relative_strength": -14.775274, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -14.009483, "energy": 16.379188, "activity_lines": [ 21.318666, 20.096, 20.381714, 20.996882 ] }, { "date": "2026-07-24", "close": 23.809999, "volume": 135669720, "typical_volume": 78040740.1, "trend": 22.388333, "fair_value": 18.560064, "relative_strength": -9.553187, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.936989, "energy": 28.490826, "activity_lines": [ 22.530666, 20.827454, 20.699524, 21.076365 ] }, { "date": "2026-07-31", "close": 20.16, "volume": 93609232, "typical_volume": 78537560.25, "trend": 22.095, "fair_value": 18.595962, "relative_strength": -22.258279, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.212967, "energy": 17.718123, "activity_lines": [ 22.084666, 20.853818, 20.65819, 20.932602 ] }, { "date": "2026-08-07", "close": 20.77, "volume": 114196512, "typical_volume": 80395146.2, "trend": 21.879333, "fair_value": 18.64032, "relative_strength": -20.427221, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.419651, "energy": 11.391817, "activity_lines": [ 21.562, 20.995091, 20.669, 20.847118 ] } ], "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." } } }