{ "ticker": { "uuid": "94692d79-70ec-4a43-aaf3-e46430cdf4ad", "symbol": "600535", "name": "Tasly Pharmaceutical Group 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": 85.024, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Value reclamation", "architecture_gate": "up", "architecture_direction": 65.768, "architecture_energy": 78.245, "architecture_maturity": 10.252, "architecture_confidence": 77.612, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 21.61, "rotation_up": 76.74, "upward_expansion": 90.82, "deceleration": 44.89, "rotation_down": 8.06, "downward_expansion": 17.48 }, "activity_lines": [ 15.68, 15.068, 14.716922, 14.61024 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 15.72, "trend_reference": 14.580525, "distance_from_trend": 0.07815, "trend_direction": "Weakening", "fair_value": 14.437909, "distance_from_fair_value": 0.0888, "fair_value_direction": "Improving", "relative_strength": 5.356701, "relative_strength_direction": "Improving", "price_momentum": 0.048647, "excess_performance": 0.091851, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.07815, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.011728, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.0888, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.054062, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.053567, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.169151, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.048647, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.904221, "read": "Demand-led" } ], "volume": { "latest": 86844599, "relative_activity": 1.550787, "balance": 1.904221, "dry_up": 2.209291, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.046399, "annualized_volatility": 0.215576, "from_high_reference": -0.0931, "from_low_reference": 0.188209 }, "levels": { "trend_reference": 14.580525, "fair_value_reference": 14.437909, "structural_low": 13.23, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 4, "median_return": 0.048995, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.006833, "regime_survival": 0.0, "best_return": 0.127016, "worst_return": -0.04738, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 4, "median_return": 0.054031, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.07051, "regime_survival": 0.0, "best_return": 0.15426, "worst_return": -0.094282, "sufficient": false }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.010583, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.019414, "regime_survival": 0.0, "best_return": 0.359641, "worst_return": -0.24336, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.001857, 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"2024-11-01", "end": "2024-11-22", "tenure": "New", "return": -0.028859, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-29", "end": "2025-03-28", "tenure": "Established", "return": 0.052566, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-04-04", "end": "2025-06-27", "tenure": "Established", "return": 0.005128, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-07-04", "end": "2025-07-25", "tenure": "New", "return": 0.016321, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-01", "end": "2025-09-19", "tenure": "Developing", "return": -0.061825, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-26", "end": "2025-11-21", "tenure": "Developing", "return": -0.019725, "active": false }, { "regime": 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14.288801, 14.350989 ] }, { "date": "2026-07-24", "close": 15.76, "volume": 145731142, "typical_volume": 50449126.7, "trend": 14.523869, "fair_value": 14.399377, "relative_strength": 8.666009, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 37.635172, "energy": 35.706266, "activity_lines": [ 14.92, 14.527042, 14.429681, 14.432116 ] }, { "date": "2026-07-31", "close": 16.120001, "volume": 96727980, "typical_volume": 53382196.15, "trend": 14.555224, "fair_value": 14.420844, "relative_strength": 10.740843, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 53.530724, "energy": 70.03221, "activity_lines": [ 15.462667, 14.852364, 14.597023, 14.535093 ] }, { "date": "2026-08-07", "close": 15.72, "volume": 86844599, "typical_volume": 56000323.2, "trend": 14.580525, "fair_value": 14.437909, "relative_strength": 5.356701, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 65.768061, "energy": 78.244756, "activity_lines": [ 15.68, 15.068, 14.716922, 14.61024 ] } ], "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." } } }