{ "ticker": { "uuid": "d749b440-1f43-497a-99d4-6ad7c130f414", "symbol": "605369", "name": "Zhejiang Gongdong Medical Technology 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": "Early contraction", "architecture_gate": "down", "architecture_direction": -53.606, "architecture_energy": 49.637, "architecture_maturity": 19.74, "architecture_confidence": 93.352, "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": 17.15, "rotation_up": 16.66, "upward_expansion": 12.05, "deceleration": 37.81, "rotation_down": 57.06, "downward_expansion": 80.71 }, "activity_lines": [ 16.510666, 16.764023, 17.475045, 17.763105 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.333333 }, "latest_close": 17.34, "trend_reference": 18.190348, "distance_from_trend": -0.046747, "trend_direction": "Weakening", "fair_value": 21.048219, "distance_from_fair_value": -0.176177, "fair_value_direction": "Weakening", "relative_strength": -6.69939, "relative_strength_direction": "Weakening", "price_momentum": -0.083025, "excess_performance": -0.039821, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.046747, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.038011, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.176177, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.192272, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.066994, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.126526, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.083025, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.262294, "read": "Supply-led" } ], "volume": { "latest": 8180643, "relative_activity": 0.917831, "balance": 0.262294, "dry_up": 1.007549, "accumulation_observations": 0, "distribution_observations": 6 }, "risk": { "range_context": 0.101736, "annualized_volatility": 0.427462, "from_high_reference": -0.228065, "from_low_reference": 0.156 }, "levels": { "trend_reference": 18.190348, "fair_value_reference": 21.048219, "structural_low": 15.0, "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": 30, "median_return": 0.009484, "positive_rate": 0.533333, "directional_follow_through": 0.466667, "median_excess_return": -0.008887, "regime_survival": 0.766667, "best_return": 0.191417, "worst_return": -0.278188, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 12, "median_return": -0.008999, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.076502, "regime_survival": 0.666667, "best_return": 0.197402, "worst_return": -0.326601, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": -0.059331, "positive_rate": 0.142857, "directional_follow_through": 0.857143, "median_excess_return": -0.094499, "regime_survival": 0.571429, "best_return": 0.073993, "worst_return": -0.45401, "sufficient": true }, { 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"modifier": "Early contraction", "gate": "down", "direction": -56.231774, "energy": 25.73683, "activity_lines": [ 17.354, 17.36502, 17.977765, 18.172376 ] }, { "date": "2026-07-24", "close": 15.18, "volume": 10381722, "typical_volume": 8760320.15, "trend": 18.323681, "fair_value": 21.208803, "relative_strength": -16.524517, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.627759, "energy": 36.805047, "activity_lines": [ 16.676, 16.885377, 17.698858, 17.962332 ] }, { "date": "2026-07-31", "close": 16.129999, "volume": 5707200, "typical_volume": 8794113.75, "trend": 18.234348, "fair_value": 21.128543, "relative_strength": -11.218863, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.948004, "energy": 47.0344, "activity_lines": [ 16.347999, 16.682428, 17.524523, 17.820804 ] }, { "date": "2026-08-07", "close": 17.34, "volume": 8180643, "typical_volume": 8913017.3, "trend": 18.190348, "fair_value": 21.048219, "relative_strength": -6.69939, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.605561, "energy": 49.636994, "activity_lines": [ 16.510666, 16.764023, 17.475045, 17.763105 ] } ], "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." } } }