{ "ticker": { "uuid": "927ccebb-9286-4bed-bd83-f705cfb7895b", "symbol": "688177", "name": "Bio-Thera Solutions, 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": "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": -46.835, "architecture_energy": 37.002, "architecture_maturity": 100.0, "architecture_confidence": 69.772, "architecture_tenure": "Extended", "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": 36.49, "rotation_up": 24.95, "upward_expansion": 11.74, "deceleration": 65.24, "rotation_down": 43.13, "downward_expansion": 70.74 }, "activity_lines": [ 17.658667, 17.610909, 18.347429, 19.354796 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 18.549999, "trend_reference": 20.808333, "distance_from_trend": -0.10853, "trend_direction": "Weakening", "fair_value": 25.934103, "distance_from_fair_value": -0.284726, "fair_value_direction": "Weakening", "relative_strength": -21.581989, "relative_strength_direction": "Improving", "price_momentum": -0.209292, "excess_performance": -0.166089, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.10853, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.104003, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.284726, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.033065, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.21582, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.077313, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.209292, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.413562, "read": "Supply-led" } ], "volume": { "latest": 13206826, "relative_activity": 0.998952, "balance": 0.413562, "dry_up": 1.27014, "accumulation_observations": 1, "distribution_observations": 5 }, "risk": { "range_context": 0.089363, "annualized_volatility": 0.347831, "from_high_reference": -0.489262, "from_low_reference": 0.159375 }, "levels": { "trend_reference": 20.808333, "fair_value_reference": 25.934103, "structural_low": 16.0, "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": 27, "median_return": -0.008748, "positive_rate": 0.444444, "directional_follow_through": 0.555556, "median_excess_return": 0.008683, "regime_survival": 0.851852, "best_return": 0.294267, "worst_return": -0.171647, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": -0.011549, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.02151, "regime_survival": 0.5, "best_return": 0.190164, "worst_return": -0.277703, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.149105, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": -0.050914, "regime_survival": 0.2, "best_return": 0.589362, "worst_return": -0.309901, "sufficient": true }, { "horizon": 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"fair_value": 26.076987, "relative_strength": -29.368658, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.820937, "energy": 45.557066, "activity_lines": [ 17.526, 17.572909, 18.702762, 19.772774 ] }, { "date": "2026-07-31", "close": 17.110001, "volume": 12892307, "typical_volume": 12956527.75, "trend": 20.961333, "fair_value": 26.000128, "relative_strength": -26.604005, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.462332, "energy": 46.263052, "activity_lines": [ 17.386, 17.433818, 18.444238, 19.510366 ] }, { "date": "2026-08-07", "close": 18.549999, "volume": 13206826, "typical_volume": 13220678.25, "trend": 20.808333, "fair_value": 25.934103, "relative_strength": -21.581989, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.834743, "energy": 37.001536, "activity_lines": [ 17.658667, 17.610909, 18.347429, 19.354796 ] } ], "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." } } }