{ "ticker": { "uuid": "9d5157e9-1e28-4c13-8bce-6ba733b7897d", "symbol": "605077", "name": "Zhejiang Huakang Pharmaceutical 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": "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": "Early contraction", "architecture_gate": "down", "architecture_direction": -64.69, "architecture_energy": 62.477, "architecture_maturity": 46.828, "architecture_confidence": 96, "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": 7.53, "rotation_up": 24.0, "upward_expansion": 11.9, "deceleration": 53.9, "rotation_down": 58.2, "downward_expansion": 85.23 }, "activity_lines": [ 10.714667, 10.86231, 12.585034, 13.47692 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 11.06, "trend_reference": 14.481469, "distance_from_trend": -0.236265, "trend_direction": "Weakening", "fair_value": 15.20005, "distance_from_fair_value": -0.272371, "fair_value_direction": "Weakening", "relative_strength": -28.984918, "relative_strength_direction": "Weakening", "price_momentum": -0.316017, "excess_performance": -0.272813, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.236265, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.098784, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.272371, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.431163, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.289849, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.291514, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.316017, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.123802, "read": "Supply-led" } ], "volume": { "latest": 22070537, "relative_activity": 0.58167, "balance": 0.123802, "dry_up": 0.652236, "accumulation_observations": 0, "distribution_observations": 3 }, "risk": { "range_context": 0.114504, "annualized_volatility": 0.506752, "from_high_reference": -0.446488, "from_low_reference": 0.109328 }, "levels": { "trend_reference": 14.481469, "fair_value_reference": 15.20005, "structural_low": 9.97, "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": 19, "median_return": 0.012369, "positive_rate": 0.578947, "directional_follow_through": 0.421053, "median_excess_return": 0.008471, "regime_survival": 0.736842, "best_return": 0.15228, "worst_return": -0.117247, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": -0.028473, "positive_rate": 0.375, "directional_follow_through": 0.625, "median_excess_return": -0.016362, "regime_survival": 0.75, "best_return": 0.235294, "worst_return": -0.286391, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.044662, "positive_rate": 0.2, "directional_follow_through": 0.8, "median_excess_return": -0.110323, "regime_survival": 0.8, "best_return": 0.058781, "worst_return": -0.286874, "sufficient": true }, { "horizon": "Full cycle", 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89.096588, "activity_lines": [ 10.738, 11.835, 13.581806, 14.260903 ] }, { "date": "2026-07-24", "close": 10.04, "volume": 24925096, "typical_volume": 36780097.0, "trend": 14.747469, "fair_value": 15.308874, "relative_strength": -34.754256, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.306516, "energy": 87.275456, "activity_lines": [ 10.440667, 11.258675, 13.158311, 13.946787 ] }, { "date": "2026-07-31", "close": 11.01, "volume": 28417793, "typical_volume": 37397847.1, "trend": 14.605469, "fair_value": 15.254438, "relative_strength": -28.087534, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.862329, "energy": 65.104814, "activity_lines": [ 10.568, 10.997086, 12.857339, 13.70566 ] }, { "date": "2026-08-07", "close": 11.06, "volume": 22070537, "typical_volume": 37943374.15, "trend": 14.481469, "fair_value": 15.20005, "relative_strength": -28.984918, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.689525, "energy": 62.476629, "activity_lines": [ 10.714667, 10.86231, 12.585034, 13.47692 ] } ], "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." } } }