{ "ticker": { "uuid": "86bda746-cbeb-4568-b6b6-537622f84997", "symbol": "688410", "name": "SWS Hemodialysis Care 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": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 51.6, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -29.084, "architecture_energy": 16.44, "architecture_maturity": 26.892, "architecture_confidence": 48.111, "architecture_tenure": "Developing", "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": 49.16, "rotation_up": 23.46, "upward_expansion": 15.02, "deceleration": 61.09, "rotation_down": 33.61, "downward_expansion": 60.35 }, "activity_lines": [ 10.506, 10.393861, 10.712914, 10.890796 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 11.17, "trend_reference": 11.129635, "distance_from_trend": 0.003627, "trend_direction": "Weakening", "fair_value": 10.429595, "distance_from_fair_value": 0.070991, "fair_value_direction": "Weakening", "relative_strength": 1.851991, "relative_strength_direction": "Improving", "price_momentum": -0.050487, "excess_performance": -0.007283, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.003627, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.017949, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.070991, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.017491, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.01852, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.014371, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.050487, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.886621, "read": "Supply-led" } ], "volume": { "latest": 46063533, "relative_activity": 1.024149, "balance": 0.886621, "dry_up": 1.290582, "accumulation_observations": 4, "distribution_observations": 4 }, "risk": { "range_context": 0.110995, "annualized_volatility": 0.464228, "from_high_reference": -0.186827, "from_low_reference": 0.199785 }, "levels": { "trend_reference": 11.129635, "fair_value_reference": 10.429595, "structural_low": 9.31, 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63.08207, "activity_lines": [ 10.304823, 10.739305, 11.019347, 11.13185 ] }, { "date": "2026-07-10", "close": 10.3, "volume": 39345518, "typical_volume": 39607784.8, "trend": 11.139142, "fair_value": 10.566437, "relative_strength": -8.160232, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.003198, "energy": 53.961231, "activity_lines": [ 10.316052, 10.591609, 10.935642, 11.077064 ] }, { "date": "2026-07-17", "close": 10.44, "volume": 78786152, "typical_volume": 42388687.05, "trend": 11.137746, "fair_value": 10.529801, "relative_strength": -1.122768, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.199617, "energy": 32.803769, "activity_lines": [ 10.379966, 10.502003, 10.87412, 11.031958 ] }, { "date": "2026-07-24", "close": 9.4, "volume": 46547350, "typical_volume": 42858228.35, "trend": 11.101449, "fair_value": 10.487424, "relative_strength": -11.911443, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.667435, "energy": 36.869419, "activity_lines": [ 10.078403, 10.249427, 10.720761, 10.919845 ] }, { "date": "2026-07-31", "close": 10.59, "volume": 60790994, "typical_volume": 43810715.75, "trend": 11.10881, "fair_value": 10.453386, "relative_strength": -0.890738, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.023924, "energy": 30.021588, "activity_lines": [ 10.228256, 10.25325, 10.687698, 10.886848 ] }, { "date": "2026-08-07", "close": 11.17, "volume": 46063533, "typical_volume": 44977387.1, "trend": 11.129635, "fair_value": 10.429595, "relative_strength": 1.851991, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.083886, "energy": 16.439874, "activity_lines": [ 10.506, 10.393861, 10.712914, 10.890796 ] } ], "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." } } }