{ "ticker": { "uuid": "bf7b129e-724b-42d1-b5d0-66624d323198", "symbol": "600479", "name": "ZhuZhou QianJin Pharmaceutical 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": 94.308, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -34.869, "architecture_energy": 21.665, "architecture_maturity": 80.472, "architecture_confidence": 68.139, "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": 37.07, "rotation_up": 28.84, "upward_expansion": 19.56, "deceleration": 46.87, "rotation_down": 23.68, "downward_expansion": 55.89 }, "activity_lines": [ 9.715333, 9.604157, 9.736949, 9.962069 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 9.85, "trend_reference": 10.215543, "distance_from_trend": -0.035783, "trend_direction": "Weakening", "fair_value": 10.230184, "distance_from_fair_value": -0.037163, "fair_value_direction": "Weakening", "relative_strength": -4.750185, "relative_strength_direction": "Improving", "price_momentum": -0.065465, "excess_performance": -0.022261, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.035783, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.031372, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.037163, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.034724, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.047502, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.059869, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.065465, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.789504, "read": "Supply-led" } ], "volume": { "latest": 23186438, "relative_activity": 0.862203, "balance": 0.789504, "dry_up": 1.201179, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.043465, "annualized_volatility": 0.201408, "from_high_reference": -0.145707, "from_low_reference": 0.090643 }, "levels": { "trend_reference": 10.215543, "fair_value_reference": 10.230184, "structural_low": 9.031372, "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": 14, "median_return": 0.033837, "positive_rate": 0.714286, "directional_follow_through": 0.285714, "median_excess_return": 0.01973, "regime_survival": 0.5, "best_return": 0.141026, "worst_return": -0.061825, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.065622, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.048187, "regime_survival": 0.0, "best_return": 0.191239, "worst_return": 0.018244, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.041107, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.025681, "regime_survival": 0.666667, "best_return": 0.156903, "worst_return": -0.0955, "sufficient": true }, { "horizon": "Full 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"activity_lines": [ 9.413634, 9.517847, 9.882211, 10.10266 ] }, { "date": "2026-07-17", "close": 9.88, "volume": 46036215, "typical_volume": 28080478.45, "trend": 10.279543, "fair_value": 10.236796, "relative_strength": -1.20596, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.385772, "energy": 39.66242, "activity_lines": [ 9.582366, 9.557337, 9.850515, 10.076131 ] }, { "date": "2026-07-24", "close": 9.35, "volume": 37395252, "typical_volume": 27751053.35, "trend": 10.242543, "fair_value": 10.232585, "relative_strength": -7.369267, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.148609, "energy": 33.896864, "activity_lines": [ 9.54668, 9.508966, 9.775389, 10.01616 ] }, { "date": "2026-07-31", "close": 9.78, "volume": 22590870, "typical_volume": 27177544.45, "trend": 10.225876, "fair_value": 10.23059, "relative_strength": -3.237446, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.051528, "energy": 24.880571, "activity_lines": [ 9.643333, 9.550103, 9.750026, 9.986319 ] }, { "date": "2026-08-07", "close": 9.85, "volume": 23186438, "typical_volume": 26892084.05, "trend": 10.215543, "fair_value": 10.230184, "relative_strength": -4.750185, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.868656, "energy": 21.664612, "activity_lines": [ 9.715333, 9.604157, 9.736949, 9.962069 ] } ], "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." } } }