{
  "ticker": {
    "uuid": "bdfabbf3-fcc3-40dd-88d1-7ab0e959210b",
    "symbol": "300485",
    "name": "Beijing Science Sun 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": -39.901,
    "architecture_energy": 26.045,
    "architecture_maturity": 48.549,
    "architecture_confidence": 65.201,
    "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": 39.6,
        "rotation_up": 23.82,
        "upward_expansion": 14.09,
        "deceleration": 63.98,
        "rotation_down": 35.96,
        "downward_expansion": 61.76
      },
      "activity_lines": [
        9.168667,
        9.132909,
        9.367662,
        9.757038
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.333333
    },
    "latest_close": 9.63,
    "trend_reference": 10.257126,
    "distance_from_trend": -0.061141,
    "trend_direction": "Weakening",
    "fair_value": 9.549615,
    "distance_from_fair_value": 0.008418,
    "fair_value_direction": "Weakening",
    "relative_strength": -16.443918,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.125474,
    "excess_performance": -0.132874,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.061141,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.074694,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.008418,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.097769,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.164439,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.110974,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.125474,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.288534,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 36633037,
      "relative_activity": 0.786966,
      "balance": 0.288534,
      "dry_up": 1.269911,
      "accumulation_observations": 0,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.098339,
      "annualized_volatility": 0.39617,
      "from_high_reference": -0.405322,
      "from_low_reference": 0.199253
    },
    "levels": {
      "trend_reference": 10.257126,
      "fair_value_reference": 9.549615,
      "structural_low": 8.03,
      "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": 0.01099,
        "positive_rate": 0.576923,
        "directional_follow_through": 0.423077,
        "median_excess_return": 0.00236,
        "regime_survival": 0.730769,
        "best_return": 0.173776,
        "worst_return": -0.127991,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 10,
        "median_return": 0.015997,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
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        "regime_survival": 0.5,
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        "worst_return": -0.209295,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
        "median_return": 0.012735,
        "positive_rate": 0.5,
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        "median_excess_return": -0.027815,
        "regime_survival": 0.333333,
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        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
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        "positive_rate": 0.333333,
        "directional_follow_through": 0.666667,
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        "sufficient": false
      }
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        "regime": "rotation_up",
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        "active": false
      },
      {
        "regime": "upward_expansion",
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      {
        "regime": "rotation_down",
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      },
      {
        "regime": "deceleration",
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      },
      {
        "regime": "balance",
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      {
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        "modifier": "Early contraction",
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        "direction": -38.242897,
        "energy": 22.988603,
        "activity_lines": [
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 45111596.4,
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        "fair_value": 9.562281,
        "relative_strength": -25.493111,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
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        "direction": -50.811724,
        "energy": 27.578794,
        "activity_lines": [
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      },
      {
        "date": "2026-07-31",
        "close": 8.8,
        "volume": 39018144,
        "typical_volume": 45807713.6,
        "trend": 10.28757,
        "fair_value": 9.552969,
        "relative_strength": -20.787494,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -47.464336,
        "energy": 30.057813,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 9.63,
        "volume": 36633037,
        "typical_volume": 46549722.0,
        "trend": 10.257126,
        "fair_value": 9.549615,
        "relative_strength": -16.443918,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.90085,
        "energy": 26.045015,
        "activity_lines": [
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      }
    ],
    "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."
    }
  }
}