{ "ticker": { "uuid": "8632ed31-5759-422b-8b38-78c2ec4c4e2d", "symbol": "688266", "name": "Suzhou Zelgen Biopharmaceuticals 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": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 55.319, "architecture_energy": 38.229, "architecture_maturity": 54.04, "architecture_confidence": 63.759, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 27.46, "rotation_up": 48.74, "upward_expansion": 75.96, "deceleration": 71.05, "rotation_down": 21.01, "downward_expansion": 4.96 }, "activity_lines": [ 127.331331, 124.944908, 115.216904, 109.128967 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 121.699997, "trend_reference": 102.197, "distance_from_trend": 0.190837, "trend_direction": "Improving", "fair_value": 78.158269, "distance_from_fair_value": 0.557097, "fair_value_direction": "Improving", "relative_strength": 17.779782, "relative_strength_direction": "Improving", "price_momentum": 0.381071, "excess_performance": 0.424275, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.190837, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.050945, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.557097, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.16611, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.177798, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.284364, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.381071, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.777822, "read": "Supply-led" } ], "volume": { "latest": 46922633, "relative_activity": 2.051247, "balance": 0.777822, "dry_up": 1.918287, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.164364, "annualized_volatility": 0.648048, "from_high_reference": -0.239375, "from_low_reference": 0.620506 }, "levels": { "trend_reference": 102.197, "fair_value_reference": 78.158269, "structural_low": 75.099998, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 25, "median_return": 0.018212, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": 0.009983, "regime_survival": 0.72, "best_return": 0.210366, "worst_return": -0.230472, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.115623, "positive_rate": 0.777778, "directional_follow_through": 0.777778, "median_excess_return": 0.044016, "regime_survival": 0.666667, "best_return": 0.347833, "worst_return": -0.05971, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.234907, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": 0.108486, "regime_survival": 0.4, "best_return": 0.513289, "worst_return": -0.191859, "sufficient": true }, { "horizon": "Full cycle", 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"fair_value": 77.222692, "relative_strength": 35.752086, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.298248, "energy": 79.269124, "activity_lines": [ 135.199333, 122.294545, 112.233619, 106.413376 ] }, { "date": "2026-07-31", "close": 122.099998, "volume": 33847954, "typical_volume": 21344020.85, "trend": 101.230333, "fair_value": 77.688974, "relative_strength": 21.396596, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.732567, "energy": 59.154527, "activity_lines": [ 131.841999, 123.838181, 113.847047, 107.808344 ] }, { "date": "2026-08-07", "close": 121.699997, "volume": 46922633, "typical_volume": 22875172.55, "trend": 102.197, "fair_value": 78.158269, "relative_strength": 17.779782, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.319383, "energy": 38.228896, "activity_lines": [ 127.331331, 124.944908, 115.216904, 109.128967 ] } ], "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." } } }