{ "ticker": { "uuid": "9e3e752e-f018-4e25-8dc2-3a9a55369a7c", "symbol": "002393", "name": "Tianjin Lisheng 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": -56.377, "architecture_energy": 43.891, "architecture_maturity": 58.858, "architecture_confidence": 83.766, "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": 25.13, "rotation_up": 28.26, "upward_expansion": 7.21, "deceleration": 59.43, "rotation_down": 40.32, "downward_expansion": 75.88 }, "activity_lines": [ 14.404, 14.408182, 14.922149, 15.626516 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 14.78, "trend_reference": 16.419358, "distance_from_trend": -0.099843, "trend_direction": "Weakening", "fair_value": 14.752223, "distance_from_fair_value": 0.001883, "fair_value_direction": "Weakening", "relative_strength": -16.83942, "relative_strength_direction": "Improving", "price_momentum": -0.154604, "excess_performance": -0.162004, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.099843, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.045943, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.001883, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.12515, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.168394, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.066577, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.154604, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.693782, "read": "Supply-led" } ], "volume": { "latest": 14005209, "relative_activity": 0.768145, "balance": 0.693782, "dry_up": 1.03797, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.062559, "annualized_volatility": 0.271722, "from_high_reference": -0.303419, "from_low_reference": 0.082784 }, "levels": { "trend_reference": 16.419358, "fair_value_reference": 14.752223, "structural_low": 13.65, "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": 10, "median_return": 0.016721, "positive_rate": 0.7, "directional_follow_through": 0.3, "median_excess_return": 0.018282, "regime_survival": 0.6, "best_return": 0.187066, "worst_return": -0.072856, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.098754, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.040754, "regime_survival": 0.2, "best_return": 0.741846, "worst_return": 0.036686, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.046903, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.075856, "regime_survival": 0.5, "best_return": 0.486587, "worst_return": -0.154904, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, 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"typical_volume": 20530469.95, "trend": 16.591858, "fair_value": 14.739237, "relative_strength": -21.070015, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.23206, "energy": 52.849392, "activity_lines": [ 14.35, 14.380545, 15.213052, 15.889331 ] }, { "date": "2026-07-31", "close": 14.24, "volume": 11209199, "typical_volume": 19478003.95, "trend": 16.501773, "fair_value": 14.743947, "relative_strength": -16.44732, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.409655, "energy": 50.35804, "activity_lines": [ 14.3, 14.336727, 15.032748, 15.737598 ] }, { "date": "2026-08-07", "close": 14.78, "volume": 14005209, "typical_volume": 18232507.5, "trend": 16.419358, "fair_value": 14.752223, "relative_strength": -16.83942, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.377362, "energy": 43.890994, "activity_lines": [ 14.404, 14.408182, 14.922149, 15.626516 ] } ], "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." } } }