{ "ticker": { "uuid": "6ebb84dd-d6d8-4353-9a01-d281b49be3d5", "symbol": "688198", "name": "Beijing Balance Medical Technology 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": -56.936, "architecture_energy": 49.168, "architecture_maturity": 58.626, "architecture_confidence": 96, "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": 26.22, "rotation_up": 18.37, "upward_expansion": 8.29, "deceleration": 44.52, "rotation_down": 54.84, "downward_expansion": 79.29 }, "activity_lines": [ 80.896001, 82.402909, 85.356097, 88.713119 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Stable", "price_acceptance": -0.5 }, "latest_close": 81.400002, "trend_reference": 93.868534, "distance_from_trend": -0.13283, "trend_direction": "Weakening", "fair_value": 108.69105, "distance_from_fair_value": -0.251088, "fair_value_direction": "Weakening", "relative_strength": -19.825119, "relative_strength_direction": "Weakening", "price_momentum": -0.231931, "excess_performance": -0.188727, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.13283, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.103265, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.251088, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.140552, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.198251, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.034677, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.231931, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.184642, "read": "Supply-led" } ], "volume": { "latest": 4022514, "relative_activity": 1.544968, "balance": 0.184642, "dry_up": 1.59957, "accumulation_observations": 1, "distribution_observations": 6 }, "risk": { "range_context": 0.098402, "annualized_volatility": 0.471541, "from_high_reference": -0.38209, "from_low_reference": 0.085333 }, "levels": { "trend_reference": 93.868534, "fair_value_reference": 108.69105, "structural_low": 75.0, "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": 24, "median_return": -0.018572, "positive_rate": 0.416667, "directional_follow_through": 0.583333, "median_excess_return": -0.006924, "regime_survival": 0.833333, "best_return": 0.243679, "worst_return": -0.139293, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.01113, "positive_rate": 0.444444, "directional_follow_through": 0.555556, "median_excess_return": -0.01436, "regime_survival": 0.555556, "best_return": 0.195159, "worst_return": -0.191307, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.081393, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": -0.071982, "regime_survival": 0.2, "best_return": 0.152535, "worst_return": -0.231131, "sufficient": true }, { "horizon": 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43.202803, "activity_lines": [ 83.919332, 84.474805, 88.202312, 91.674433 ] }, { "date": "2026-07-24", "close": 77.599998, "volume": 4267474, "typical_volume": 2395688.55, "trend": 95.618288, "fair_value": 109.103561, "relative_strength": -22.082594, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.170156, "energy": 43.846069, "activity_lines": [ 81.703998, 83.044801, 86.882733, 90.438805 ] }, { "date": "2026-07-31", "close": 82.160004, "volume": 3265273, "typical_volume": 2474118.05, "trend": 94.689851, "fair_value": 108.900648, "relative_strength": -17.402811, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.401807, "energy": 43.483851, "activity_lines": [ 81.645333, 82.729454, 86.112009, 89.570528 ] }, { "date": "2026-08-07", "close": 81.400002, "volume": 4022514, "typical_volume": 2603622.9, "trend": 93.868534, "fair_value": 108.69105, "relative_strength": -19.825119, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.935832, "energy": 49.168068, "activity_lines": [ 80.896001, 82.402909, 85.356097, 88.713119 ] } ], "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." } } }