{ "ticker": { "uuid": "72892f3f-6675-498a-8078-3b3ac9d18f12", "symbol": "688373", "name": "Shanghai MicuRx 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": -40.977, "architecture_energy": 28.055, "architecture_maturity": 100.0, "architecture_confidence": 83.367, "architecture_tenure": "Extended", "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": 36.9, "rotation_up": 25.21, "upward_expansion": 14.79, "deceleration": 46.54, "rotation_down": 35.21, "downward_expansion": 62.46 }, "activity_lines": [ 4.862667, 4.819636, 4.977905, 5.243742 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 5.24, "trend_reference": 5.61, "distance_from_trend": -0.065954, "trend_direction": "Weakening", "fair_value": 5.868846, "distance_from_fair_value": -0.10715, "fair_value_direction": "Weakening", "relative_strength": -17.050206, "relative_strength_direction": "Improving", "price_momentum": -0.173502, "excess_performance": -0.130298, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.065954, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.096861, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.10715, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.058143, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.170502, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.04404, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.173502, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.642015, "read": "Supply-led" } ], "volume": { "latest": 77918941, "relative_activity": 1.419197, "balance": 0.642015, "dry_up": 1.66849, "accumulation_observations": 2, "distribution_observations": 4 }, "risk": { "range_context": 0.102907, "annualized_volatility": 0.455609, "from_high_reference": -0.491756, "from_low_reference": 0.250597 }, "levels": { "trend_reference": 5.61, "fair_value_reference": 5.868846, "structural_low": 4.19, 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"typical_volume": 51277520.65, "trend": 5.742667, "fair_value": 5.927179, "relative_strength": -21.309715, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.955913, "energy": 34.669041, "activity_lines": [ 4.916, 4.817636, 5.152667, 5.422301 ] }, { "date": "2026-07-24", "close": 4.53, "volume": 89652404, "typical_volume": 52421795.4, "trend": 5.688333, "fair_value": 5.903526, "relative_strength": -27.576972, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.638848, "energy": 32.201244, "activity_lines": [ 4.822, 4.761273, 5.065286, 5.344065 ] }, { "date": "2026-07-31", "close": 4.53, "volume": 73057781, "typical_volume": 53707943.15, "trend": 5.636667, "fair_value": 5.882885, "relative_strength": -27.101933, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.028923, "energy": 37.033217, "activity_lines": [ 4.734667, 4.721455, 4.984524, 5.269333 ] }, { "date": "2026-08-07", "close": 5.24, "volume": 77918941, "typical_volume": 54903542.65, "trend": 5.61, "fair_value": 5.868846, "relative_strength": -17.050206, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.977095, "energy": 28.054861, "activity_lines": [ 4.862667, 4.819636, 4.977905, 5.243742 ] } ], "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." } } }