{ "ticker": { "uuid": "b649da2f-b42f-400e-8126-259fd2e4382f", "symbol": "688062", "name": "Mabwell (Shanghai) Bioscience 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": "Established contraction", "architecture_gate": "down", "architecture_direction": -35.528, "architecture_energy": 19.973, "architecture_maturity": 84.241, "architecture_confidence": 69.903, "architecture_tenure": "Established", "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": 48.65, "rotation_up": 24.06, "upward_expansion": 17.81, "deceleration": 45.23, "rotation_down": 29.42, "downward_expansion": 54.14 }, "activity_lines": [ 30.294, 29.993818, 30.913905, 32.132581 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 30.51, "trend_reference": 34.122333, "distance_from_trend": -0.105864, "trend_direction": "Weakening", "fair_value": 29.934423, "distance_from_fair_value": 0.019228, "fair_value_direction": "Weakening", "relative_strength": -19.975698, "relative_strength_direction": "Weakening", "price_momentum": -0.152735, "excess_performance": -0.109531, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.105864, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.110131, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.019228, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.181316, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.199757, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.05563, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.152735, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.362026, "read": "Supply-led" } ], "volume": { "latest": 49393037, "relative_activity": 1.237818, "balance": 0.362026, "dry_up": 1.399231, "accumulation_observations": 2, "distribution_observations": 6 }, "risk": { "range_context": 0.136147, "annualized_volatility": 0.477362, "from_high_reference": -0.520208, "from_low_reference": 0.183476 }, "levels": { "trend_reference": 34.122333, "fair_value_reference": 29.934423, 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-47.983089, "energy": 35.895025, "activity_lines": [ 29.894667, 29.732546, 31.920477, 33.312667 ] }, { "date": "2026-07-17", "close": 31.0, "volume": 70401266, "typical_volume": 37068312.9, "trend": 35.047, "fair_value": 29.769423, "relative_strength": -15.94231, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.403673, "energy": 25.059851, "activity_lines": [ 30.514667, 29.814182, 31.706905, 33.030495 ] }, { "date": "2026-07-24", "close": 31.09, "volume": 58122178, "typical_volume": 38289716.3, "trend": 34.763, "fair_value": 29.828077, "relative_strength": -16.456832, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.316291, "energy": 23.385964, "activity_lines": [ 31.0, 29.987819, 31.520619, 32.775204 ] }, { "date": "2026-07-31", "close": 28.68, "volume": 45419343, "typical_volume": 39007440.55, "trend": 34.387667, "fair_value": 29.8725, "relative_strength": -23.050658, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.413468, "energy": 21.267811, "activity_lines": [ 30.437334, 29.782364, 31.119572, 32.382753 ] }, { "date": "2026-08-07", "close": 30.51, "volume": 49393037, "typical_volume": 39903311.25, "trend": 34.122333, "fair_value": 29.934423, "relative_strength": -19.975698, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.527887, "energy": 19.973189, "activity_lines": [ 30.294, 29.993818, 30.913905, 32.132581 ] } ], "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." } } }