{ "ticker": { "uuid": "a60d3f13-1ab1-44b2-ae86-ea666cd4b657", "symbol": "300705", "name": "Hunan Jiudian 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": -40.405, "architecture_energy": 28.862, "architecture_maturity": 100.0, "architecture_confidence": 74.282, "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": 33.68, "rotation_up": 27.72, "upward_expansion": 21.81, "deceleration": 47.0, "rotation_down": 27.34, "downward_expansion": 58.14 }, "activity_lines": [ 10.882, 10.650545, 11.054871, 11.730956 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 11.35, "trend_reference": 12.705862, "distance_from_trend": -0.106712, "trend_direction": "Weakening", "fair_value": 17.855759, "distance_from_fair_value": -0.364351, "fair_value_direction": "Weakening", "relative_strength": -23.705884, "relative_strength_direction": "Improving", "price_momentum": -0.237811, "excess_performance": -0.245211, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.106712, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.112852, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.364351, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.042498, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.237059, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.112893, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.237811, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.013451, "read": "Demand-led" } ], "volume": { "latest": 34918999, "relative_activity": 1.24572, "balance": 1.013451, "dry_up": 1.699225, "accumulation_observations": 4, "distribution_observations": 3 }, "risk": { "range_context": 0.076235, "annualized_volatility": 0.318099, "from_high_reference": -0.431863, "from_low_reference": 0.197257 }, "levels": { "trend_reference": 12.705862, "fair_value_reference": 17.855759, "structural_low": 9.48, "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": 26, "median_return": 0.009846, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.01257, "regime_survival": 0.807692, "best_return": 0.296913, "worst_return": -0.148529, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.106659, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": -0.052231, "regime_survival": 0.444444, "best_return": 0.446739, "worst_return": -0.225837, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.011983, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.003405, "regime_survival": 0.333333, "best_return": 0.923678, "worst_return": -0.280556, "sufficient": true }, { 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"downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.359701, "energy": 66.488342, "activity_lines": [ 10.262, 10.608592, 11.525477, 12.297667 ] }, { "date": "2026-07-17", "close": 10.79, "volume": 73996198, "typical_volume": 26194617.75, "trend": 13.097146, "fair_value": 17.972143, "relative_strength": -27.358514, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.146051, "energy": 61.356635, "activity_lines": [ 10.442667, 10.572698, 11.375339, 12.139562 ] }, { "date": "2026-07-24", "close": 10.15, "volume": 48106520, "typical_volume": 27033427.35, "trend": 12.935879, "fair_value": 17.926839, "relative_strength": -31.101872, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.806645, "energy": 55.932349, "activity_lines": [ 10.394, 10.451409, 11.184148, 11.949424 ] }, { "date": "2026-07-31", "close": 11.01, "volume": 33503394, "typical_volume": 27504566.6, "trend": 12.810369, "fair_value": 17.890231, "relative_strength": -23.221546, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.012739, "energy": 40.886141, "activity_lines": [ 10.631333, 10.518364, 11.095644, 11.825173 ] }, { "date": "2026-08-07", "close": 11.35, "volume": 34918999, "typical_volume": 28031184.9, "trend": 12.705862, "fair_value": 17.855759, "relative_strength": -23.705884, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.405051, "energy": 28.861576, "activity_lines": [ 10.882, 10.650545, 11.054871, 11.730956 ] } ], "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." } } }