{ "ticker": { "uuid": "7eea2570-d45c-41e9-91a1-4d00efa86b49", "symbol": "002688", "name": "Jinhe Biotechnology 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": 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": -42.281, "architecture_energy": 31.592, "architecture_maturity": 90.76, "architecture_confidence": 83.165, "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": 34.13, "rotation_up": 26.66, "upward_expansion": 16.63, "deceleration": 46.92, "rotation_down": 31.41, "downward_expansion": 61.97 }, "activity_lines": [ 5.032, 4.984182, 5.168414, 5.35861 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 5.17, "trend_reference": 5.61338, "distance_from_trend": -0.078986, "trend_direction": "Weakening", "fair_value": 5.007243, "distance_from_fair_value": 0.032504, "fair_value_direction": "Weakening", "relative_strength": -17.034548, "relative_strength_direction": "Improving", "price_momentum": -0.191185, "excess_performance": -0.198585, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.078986, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.057646, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.032504, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.155308, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.170345, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.078958, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.191185, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.45126, "read": "Supply-led" } ], "volume": { "latest": 51580274, "relative_activity": 1.114834, "balance": 0.45126, "dry_up": 0.991781, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.064402, "annualized_volatility": 0.27211, "from_high_reference": -0.346726, "from_low_reference": 0.107066 }, "levels": { "trend_reference": 5.61338, "fair_value_reference": 5.007243, "structural_low": 4.67, "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": 29, "median_return": 0.015929, "positive_rate": 0.586207, "directional_follow_through": 0.413793, "median_excess_return": 0.00139, "regime_survival": 0.793103, "best_return": 0.14245, "worst_return": -0.151163, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.042484, "positive_rate": 0.555556, "directional_follow_through": 0.444444, "median_excess_return": 0.017242, "regime_survival": 0.333333, "best_return": 0.302521, "worst_return": -0.170715, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.036771, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.041345, "regime_survival": 0.5, "best_return": 0.166227, "worst_return": -0.193437, "sufficient": true }, { "horizon": "Full cycle", 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contraction", "gate": "down", "direction": -62.377599, "energy": 56.856015, "activity_lines": [ 4.940667, 5.013257, 5.292056, 5.485281 ] }, { "date": "2026-07-24", "close": 4.8, "volume": 42675794, "typical_volume": 54560890.0, "trend": 5.664801, "fair_value": 4.999693, "relative_strength": -21.803625, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.165758, "energy": 53.751206, "activity_lines": [ 4.904, 4.950142, 5.224728, 5.427035 ] }, { "date": "2026-07-31", "close": 5.07, "volume": 32638154, "typical_volume": 49824582.2, "trend": 5.635788, "fair_value": 5.003511, "relative_strength": -15.294249, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.754226, "energy": 41.058177, "activity_lines": [ 4.964667, 4.953818, 5.188965, 5.38866 ] }, { "date": "2026-08-07", "close": 5.17, "volume": 51580274, "typical_volume": 46267230.15, "trend": 5.61338, "fair_value": 5.007243, "relative_strength": -17.034548, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.281246, "energy": 31.591701, "activity_lines": [ 5.032, 4.984182, 5.168414, 5.35861 ] } ], "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." } } }