{ "ticker": { "uuid": "86947381-28bb-4ad9-baae-c51cbf678e2d", "symbol": "301207", "name": "Hualan Biological Vaccine Inc.", "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": -28.794, "architecture_energy": 15.158, "architecture_maturity": 64.276, "architecture_confidence": 76.861, "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": 42.64, "rotation_up": 28.48, "upward_expansion": 20.37, "deceleration": 42.78, "rotation_down": 23.77, "downward_expansion": 54.37 }, "activity_lines": [ 17.33, 17.018554, 17.341345, 17.887521 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.0 }, "latest_close": 18.09, "trend_reference": 18.630717, "distance_from_trend": -0.029023, "trend_direction": "Weakening", "fair_value": 19.854988, "distance_from_fair_value": -0.088894, "fair_value_direction": "Weakening", "relative_strength": -8.045382, "relative_strength_direction": "Improving", "price_momentum": -0.175479, "excess_performance": -0.182878, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.029023, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.075431, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.088894, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.051666, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.080454, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.043618, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.175479, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.194866, "read": "Supply-led" } ], "volume": { "latest": 23341838, "relative_activity": 0.849929, "balance": 0.194866, "dry_up": 1.08076, "accumulation_observations": 0, "distribution_observations": 4 }, "risk": { "range_context": 0.086184, "annualized_volatility": 0.314518, "from_high_reference": -0.351148, "from_low_reference": 0.142045 }, "levels": { "trend_reference": 18.630717, "fair_value_reference": 19.854988, "structural_low": 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"energy": 37.655201, "activity_lines": [ 16.727333, 16.77599, 17.546605, 18.162026 ] }, { "date": "2026-07-24", "close": 16.129999, "volume": 26190842, "typical_volume": 27306386.95, "trend": 18.694716, "fair_value": 20.027221, "relative_strength": -15.780978, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.484422, "energy": 36.877439, "activity_lines": [ 16.564, 16.607404, 17.353788, 17.989678 ] }, { "date": "2026-07-31", "close": 17.67, "volume": 24465630, "typical_volume": 27365998.8, "trend": 18.648716, "fair_value": 19.942169, "relative_strength": -5.867511, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.442641, "energy": 24.410502, "activity_lines": [ 16.937333, 16.770389, 17.323304, 17.923568 ] }, { "date": "2026-08-07", "close": 18.09, "volume": 23341838, "typical_volume": 27463285.35, "trend": 18.630717, "fair_value": 19.854988, "relative_strength": -8.045382, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.794167, "energy": 15.157529, "activity_lines": [ 17.33, 17.018554, 17.341345, 17.887521 ] } ], "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." } } }