{ "ticker": { "uuid": "7361d1d3-1a15-4cb7-8e59-4e05af472c07", "symbol": "600721", "name": "Xinjiang Bai Hua Cun Pharma Tech 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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 67.25, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Structural repair", "architecture_gate": "down", "architecture_direction": 5.666, "architecture_energy": 18.206, "architecture_maturity": 51.664, "architecture_confidence": 57.449, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 46.79, "rotation_up": 40.79, "upward_expansion": 20.36, "deceleration": 44.17, "rotation_down": 20.18, "downward_expansion": 59.03 }, "activity_lines": [ 8.158667, 7.625091, 7.676977, 8.01213 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 10.54, "trend_reference": 8.460394, "distance_from_trend": 0.245805, "trend_direction": "Weakening", "fair_value": 7.574635, "distance_from_fair_value": 0.391486, "fair_value_direction": "Improving", "relative_strength": 18.018394, "relative_strength_direction": "Improving", "price_momentum": 0.152373, "excess_performance": 0.195577, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.245805, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.104429, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.391486, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.271472, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.180184, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.323123, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.152373, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.372272, "read": "Demand-led" } ], "volume": { "latest": 252178620, "relative_activity": 3.285914, "balance": 1.372272, "dry_up": 2.046476, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.091155, "annualized_volatility": 0.709538, "from_high_reference": -0.159499, "from_low_reference": 0.652038 }, "levels": { "trend_reference": 8.460394, "fair_value_reference": 7.574635, "structural_low": 6.38, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 1, "median_return": -0.093144, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.115944, "regime_survival": 0.0, "best_return": -0.093144, "worst_return": -0.093144, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 1, "median_return": -0.181113, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.235974, "regime_survival": 0.0, "best_return": -0.181113, "worst_return": -0.181113, "sufficient": false }, { "horizon": "Extended", "sample_count": 1, "median_return": -0.157827, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.19504, "regime_survival": 0.0, "best_return": -0.157827, "worst_return": -0.157827, "sufficient": false }, { "horizon": "Full cycle", 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{ "date": "2026-07-24", "close": 6.6, "volume": 135734348, "typical_volume": 64571017.4, "trend": 8.686851, "fair_value": 7.557704, "relative_strength": -23.700828, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.42895, "energy": 56.446542, "activity_lines": [ 6.916, 7.012727, 7.531316, 7.988386 ] }, { "date": "2026-07-31", "close": 7.03, "volume": 94985354, "typical_volume": 66886184.8, "trend": 8.515123, "fair_value": 7.553771, "relative_strength": -18.829594, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.377681, "energy": 45.177494, "activity_lines": [ 6.97, 6.992909, 7.431894, 7.881493 ] }, { "date": "2026-08-07", "close": 10.54, "volume": 252178620, "typical_volume": 76745340.45, "trend": 8.460394, "fair_value": 7.574635, "relative_strength": 18.018394, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 5.666198, "energy": 18.205927, "activity_lines": [ 8.158667, 7.625091, 7.676977, 8.01213 ] } ], "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." } } }