{ "ticker": { "uuid": "7853da60-271a-47aa-8012-8161d4083f89", "symbol": "301281", "name": "Shandong Keyuan Pharmaceutical 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": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "mixed", "architecture_direction": -15.483, "architecture_energy": 27.892, "architecture_maturity": 59.4, "architecture_confidence": 53.785, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 48.69, "rotation_up": 16.88, "upward_expansion": 17.3, "deceleration": 69.99, "rotation_down": 61.53, "downward_expansion": 39.97 }, "activity_lines": [ 38.239333, 42.142595, 42.245549, 41.732895 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.333333 }, "latest_close": 41.389999, "trend_reference": 40.141436, "distance_from_trend": 0.031104, "trend_direction": "Improving", "fair_value": 32.924977, "distance_from_fair_value": 0.2571, "fair_value_direction": "Weakening", "relative_strength": 9.589613, "relative_strength_direction": "Improving", "price_momentum": 0.315221, "excess_performance": 0.307821, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.031104, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.138082, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.2571, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.023685, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.095896, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.141019, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.315221, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.812758, "read": "Supply-led" } ], "volume": { "latest": 12979967, "relative_activity": 0.764651, "balance": 0.812758, "dry_up": 1.10267, "accumulation_observations": 2, "distribution_observations": 5 }, "risk": { "range_context": 0.177956, "annualized_volatility": 0.853833, "from_high_reference": -0.297045, "from_low_reference": 0.599923 }, "levels": { "trend_reference": 40.141436, "fair_value_reference": 32.924977, "structural_low": 30.879999, 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"regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 7.078962, "energy": 6.269667, "activity_lines": [ 42.498, 44.62722, 43.073197, 42.003876 ] }, { "date": "2026-07-31", "close": 33.75, "volume": 19555830, "typical_volume": 17440877.2, "trend": 39.738436, "fair_value": 32.860992, "relative_strength": -6.142491, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -20.082218, "energy": 27.375106, "activity_lines": [ 38.719333, 42.628915, 42.257802, 41.626342 ] }, { "date": "2026-08-07", "close": 41.389999, "volume": 12979967, "typical_volume": 16975019.55, "trend": 40.141436, "fair_value": 32.924977, "relative_strength": 9.589613, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -15.483181, "energy": 27.892106, "activity_lines": [ 38.239333, 42.142595, 42.245549, 41.732895 ] } ], "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." } } }