{ "ticker": { "uuid": "a6d04db4-479b-434d-a45e-d84c68d7d5e7", "symbol": "300109", "name": "Boai NKY Medical Holdings 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": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "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": -59.958, "architecture_energy": 69.57, "architecture_maturity": 15.41, "architecture_confidence": 86.987, "architecture_tenure": "New", "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": 21.61, "rotation_up": 11.64, "upward_expansion": 18.11, "deceleration": 34.26, "rotation_down": 71.31, "downward_expansion": 89.11 }, "activity_lines": [ 12.920667, 13.615445, 14.236847, 14.510682 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 13.06, "trend_reference": 14.801011, "distance_from_trend": -0.117628, "trend_direction": "Weakening", "fair_value": 12.14617, "distance_from_fair_value": 0.075236, "fair_value_direction": "Weakening", "relative_strength": -13.812816, "relative_strength_direction": "Weakening", "price_momentum": -0.155042, "excess_performance": -0.162442, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.117628, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.006153, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.075236, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.319388, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.138128, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.076494, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.155042, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.408019, "read": "Supply-led" } ], "volume": { "latest": 34959842, "relative_activity": 0.738919, "balance": 0.408019, "dry_up": 0.780718, "accumulation_observations": 0, "distribution_observations": 5 }, "risk": { "range_context": 0.109934, "annualized_volatility": 0.417453, "from_high_reference": -0.247904, "from_low_reference": 0.086522 }, "levels": { "trend_reference": 14.801011, "fair_value_reference": 12.14617, "structural_low": 12.02, 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"typical_volume": 50902413.85, "trend": 14.885512, "fair_value": 12.133288, "relative_strength": -9.513704, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.690049, "energy": 56.256359, "activity_lines": [ 13.727333, 14.175679, 14.618121, 14.788847 ] }, { "date": "2026-07-31", "close": 12.34, "volume": 36514325, "typical_volume": 48916533.55, "trend": 14.826052, "fair_value": 12.137075, "relative_strength": -14.734387, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.465787, "energy": 72.313641, "activity_lines": [ 13.105333, 13.806488, 14.386738, 14.624621 ] }, { "date": "2026-08-07", "close": 13.06, "volume": 34959842, "typical_volume": 47312119.5, "trend": 14.801011, "fair_value": 12.14617, "relative_strength": -13.812816, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.957543, "energy": 69.570182, "activity_lines": [ 12.920667, 13.615445, 14.236847, 14.510682 ] } ], "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." } } }