{ "ticker": { "uuid": "aea4fded-016c-4c97-8087-a6a84b9540cf", "symbol": "603309", "name": "Well Lead Medical 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": -57.584, "architecture_energy": 43.632, "architecture_maturity": 46.586, "architecture_confidence": 87.013, "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": 14.34, "rotation_up": 26.36, "upward_expansion": 6.86, "deceleration": 56.89, "rotation_down": 45.1, "downward_expansion": 77.86 }, "activity_lines": [ 11.592, 11.629636, 12.109402, 12.653952 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 11.59, "trend_reference": 13.245973, "distance_from_trend": -0.125017, "trend_direction": "Weakening", "fair_value": 11.914472, "distance_from_fair_value": -0.027233, "fair_value_direction": "Weakening", "relative_strength": -12.541858, "relative_strength_direction": "Weakening", "price_momentum": -0.172186, "excess_performance": -0.128982, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.125017, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.040556, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.027233, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.165737, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.125419, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.073884, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.172186, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.128029, "read": "Demand-led" } ], "volume": { "latest": 39057942, "relative_activity": 1.810786, "balance": 1.128029, "dry_up": 1.290212, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.072905, "annualized_volatility": 0.300527, "from_high_reference": -0.277049, "from_low_reference": 0.049819 }, "levels": { "trend_reference": 13.245973, "fair_value_reference": 11.914472, "structural_low": 11.04, "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": 18, "median_return": 0.030152, "positive_rate": 0.777778, "directional_follow_through": 0.222222, "median_excess_return": 0.032231, "regime_survival": 0.611111, "best_return": 0.275687, "worst_return": -0.16825, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.280969, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": 0.105527, "regime_survival": 0.25, "best_return": 0.463058, "worst_return": -0.194758, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.125979, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.075722, "regime_survival": 0.333333, "best_return": 0.459779, "worst_return": -0.320444, "sufficient": true }, { "horizon": 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11.804667, 11.859564, 12.542779, 13.013397 ] }, { "date": "2026-07-24", "close": 11.41, "volume": 19761849, "typical_volume": 21161490.25, "trend": 13.351946, "fair_value": 11.936307, "relative_strength": -11.909246, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.15921, "energy": 46.209882, "activity_lines": [ 11.71, 11.729657, 12.37409, 12.884122 ] }, { "date": "2026-07-31", "close": 11.49, "volume": 27628437, "typical_volume": 20838214.0, "trend": 13.295689, "fair_value": 11.923988, "relative_strength": -11.30796, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.433959, "energy": 45.59981, "activity_lines": [ 11.648667, 11.651636, 12.228193, 12.763997 ] }, { "date": "2026-08-07", "close": 11.59, "volume": 39057942, "typical_volume": 21569604.0, "trend": 13.245973, "fair_value": 11.914472, "relative_strength": -12.541858, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.58437, "energy": 43.631994, "activity_lines": [ 11.592, 11.629636, 12.109402, 12.653952 ] } ], "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." } } }