{ "ticker": { "uuid": "af099675-437e-412d-b25f-4c55589c1e60", "symbol": "001367", "name": "Zhejiang Haisen 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": "Early contraction", "architecture_gate": "down", "architecture_direction": -63.531, "architecture_energy": 67.745, "architecture_maturity": 28.565, "architecture_confidence": 93.699, "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": 18.8, "upward_expansion": 14.84, "deceleration": 41.1, "rotation_down": 62.27, "downward_expansion": 88.18 }, "activity_lines": [ 18.088, 18.570909, 20.008769, 21.03936 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Stable", "price_acceptance": -0.666667 }, "latest_close": 18.67, "trend_reference": 22.148679, "distance_from_trend": -0.15706, "trend_direction": "Weakening", "fair_value": 20.017629, "distance_from_fair_value": -0.067322, "fair_value_direction": "Weakening", "relative_strength": -21.102882, "relative_strength_direction": "Weakening", "price_momentum": -0.224209, "excess_performance": -0.231608, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.15706, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.051623, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.067322, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.227447, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.211029, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.015677, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.224209, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.861891, "read": "Supply-led" } ], "volume": { "latest": 8059104, "relative_activity": 0.571247, "balance": 0.861891, "dry_up": 0.650194, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.092003, "annualized_volatility": 0.407952, "from_high_reference": -0.330049, "from_low_reference": 0.112634 }, "levels": { "trend_reference": 22.148679, "fair_value_reference": 20.017629, "structural_low": 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"typical_volume": 14135321.0, "trend": 22.395419, "fair_value": 20.04983, "relative_strength": -27.166663, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.593747, "energy": 67.063345, "activity_lines": [ 18.343333, 19.006182, 20.70269, 21.573552 ] }, { "date": "2026-07-31", "close": 17.700001, "volume": 6039973, "typical_volume": 14050165.4, "trend": 22.254555, "fair_value": 20.030265, "relative_strength": -22.09588, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.750523, "energy": 78.12328, "activity_lines": [ 18.032667, 18.658727, 20.297416, 21.270622 ] }, { "date": "2026-08-07", "close": 18.67, "volume": 8059104, "typical_volume": 14107926.4, "trend": 22.148679, "fair_value": 20.017629, "relative_strength": -21.102882, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.530553, "energy": 67.744665, "activity_lines": [ 18.088, 18.570909, 20.008769, 21.03936 ] } ], "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." } } }