{
  "ticker": {
    "uuid": "89f6f0bf-45a6-440d-ab29-0103442d327d",
    "symbol": "300584",
    "name": "Nanjing Hicin 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": 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": -57.19,
    "architecture_energy": 41.608,
    "architecture_maturity": 64.215,
    "architecture_confidence": 92.972,
    "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": 25.88,
        "rotation_up": 19.38,
        "upward_expansion": 4.83,
        "deceleration": 53.21,
        "rotation_down": 55.84,
        "downward_expansion": 78.17
      },
      "activity_lines": [
        33.165333,
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        37.571967
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      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Stable",
      "price_acceptance": -0.666667
    },
    "latest_close": 35.98,
    "trend_reference": 40.691031,
    "distance_from_trend": -0.115776,
    "trend_direction": "Weakening",
    "fair_value": 30.455867,
    "distance_from_fair_value": 0.181382,
    "fair_value_direction": "Weakening",
    "relative_strength": -27.622287,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.199377,
    "excess_performance": -0.206777,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.115776,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.146748,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.181382,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.250876,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.276223,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.01045,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.199377,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.621445,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 22851494,
      "relative_activity": 1.121005,
      "balance": 0.621445,
      "dry_up": 1.368781,
      "accumulation_observations": 3,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.138197,
      "annualized_volatility": 0.618174,
      "from_high_reference": -0.560576,
      "from_low_reference": 0.299855
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    "levels": {
      "trend_reference": 40.691031,
      "fair_value_reference": 30.455867,
      "structural_low": 27.68,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 31,
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        "positive_rate": 0.580645,
        "directional_follow_through": 0.419355,
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        "worst_return": -0.192537,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 10,
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        "positive_rate": 0.7,
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        "regime_survival": 0.5,
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        "worst_return": -0.242752,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
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        "median_excess_return": 0.635131,
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        "sufficient": true
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      {
        "horizon": "Full cycle",
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      },
      {
        "regime": "balance",
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      {
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      {
        "regime": "deceleration",
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      },
      {
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      },
      {
        "date": "2026-07-24",
        "close": 31.309999,
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        "trend": 41.843032,
        "fair_value": 30.312799,
        "relative_strength": -35.034437,
        "stage": 4,
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        "modifier": "Established contraction",
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        "energy": 48.22711,
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      },
      {
        "date": "2026-07-31",
        "close": 31.639999,
        "volume": 26595737,
        "typical_volume": 20178265.45,
        "trend": 41.165698,
        "fair_value": 30.371442,
        "relative_strength": -33.148755,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.49653,
        "energy": 54.830578,
        "activity_lines": [
          32.278666,
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      },
      {
        "date": "2026-08-07",
        "close": 35.98,
        "volume": 22851494,
        "typical_volume": 20384830.15,
        "trend": 40.691031,
        "fair_value": 30.455867,
        "relative_strength": -27.622287,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.189628,
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      }
    ],
    "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."
    }
  }
}