{ "ticker": { "uuid": "c4ca16d6-0b54-4554-8df2-39f332cee8f9", "symbol": "301290", "name": "Jiangsu Canopus Wisdom Medical Technology 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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 68.169, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -54.119, "architecture_energy": 43.924, "architecture_maturity": 2.837, "architecture_confidence": 81.044, "architecture_tenure": "New", "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": 34.31, "rotation_up": 12.58, "upward_expansion": 7.49, "deceleration": 42.47, "rotation_down": 59.9, "downward_expansion": 80.82 }, "activity_lines": [ 26.198, 26.821975, 28.013312, 28.204338 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 28.07, "trend_reference": 28.366838, "distance_from_trend": -0.010464, "trend_direction": "Improving", "fair_value": 25.138458, "distance_from_fair_value": 0.116616, "fair_value_direction": "Weakening", "relative_strength": -1.957594, "relative_strength_direction": "Improving", "price_momentum": -0.030732, "excess_performance": -0.038132, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.010464, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.019087, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.116616, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.11508, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.019576, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.042348, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.030732, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.9987, "read": "Supply-led" } ], "volume": { "latest": 7670334, "relative_activity": 0.730693, "balance": 0.9987, "dry_up": 1.154939, "accumulation_observations": 2, "distribution_observations": 4 }, "risk": { "range_context": 0.127151, "annualized_volatility": 0.423436, "from_high_reference": -0.235503, "from_low_reference": 0.299537 }, "levels": { "trend_reference": 28.366838, "fair_value_reference": 25.138458, "structural_low": 21.6, 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2464353, "typical_volume": 9847624.65, "trend": 28.277172, "fair_value": 25.27061, "relative_strength": -8.547701, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.617341, "energy": 18.266887, "activity_lines": [ 28.695909, 29.447982, 29.229673, 28.91906 ] }, { "date": "2026-07-10", "close": 26.799999, "volume": 10034674, "typical_volume": 9890799.55, "trend": 28.296505, "fair_value": 25.250498, "relative_strength": -12.825135, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.939915, "energy": 19.270807, "activity_lines": [ 27.926, 28.872259, 29.025458, 28.823758 ] }, { "date": "2026-07-17", "close": 25.860001, "volume": 12701089, "typical_volume": 10257074.5, "trend": 28.315172, "fair_value": 25.221628, "relative_strength": -7.213184, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.259061, "energy": 29.224505, "activity_lines": [ 27.155333, 28.174868, 28.744671, 28.666565 ] }, { "date": "2026-07-24", "close": 24.42, "volume": 14294105, "typical_volume": 10567483.45, "trend": 28.275838, "fair_value": 25.185288, "relative_strength": -12.281274, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.202666, "energy": 46.096378, "activity_lines": [ 26.097333, 27.312416, 28.342266, 28.415263 ] }, { "date": "2026-07-31", "close": 25.209999, "volume": 13829669, "typical_volume": 10582435.4, "trend": 28.273505, "fair_value": 25.152858, "relative_strength": -7.654551, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -61.381966, "energy": 58.808981, "activity_lines": [ 25.615333, 26.747686, 28.032098, 28.217467 ] }, { "date": "2026-08-07", "close": 28.07, "volume": 7670334, "typical_volume": 10497346.85, "trend": 28.366838, "fair_value": 25.138458, "relative_strength": -1.957594, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.118797, "energy": 43.923746, "activity_lines": [ 26.198, 26.821975, 28.013312, 28.204338 ] } ], "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." } } }