{ "ticker": { "uuid": "e14c66d9-8d2a-448e-b049-ed627c2aafca", "symbol": "688426", "name": "Jiangsu CoWin Biotech 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": -56.4, "architecture_energy": 41.612, "architecture_maturity": 72.733, "architecture_confidence": 85.731, "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": 22.66, "rotation_up": 22.64, "upward_expansion": 5.26, "deceleration": 59.36, "rotation_down": 49.38, "downward_expansion": 76.26 }, "activity_lines": [ 17.012001, 17.134728, 17.965476, 18.995935 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 18.690001, "trend_reference": 20.795667, "distance_from_trend": -0.101255, "trend_direction": "Weakening", "fair_value": 23.352628, "distance_from_fair_value": -0.199662, "fair_value_direction": "Weakening", "relative_strength": -19.324588, "relative_strength_direction": "Weakening", "price_momentum": -0.29816, "excess_performance": -0.254956, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.101255, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.136656, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.199662, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.094773, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.193246, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.02091, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.29816, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.498949, "read": "Supply-led" } ], "volume": { "latest": 6113092, "relative_activity": 1.087715, "balance": 0.498949, "dry_up": 1.230356, "accumulation_observations": 3, "distribution_observations": 5 }, "risk": { "range_context": 0.110096, "annualized_volatility": 0.47791, "from_high_reference": -0.444906, "from_low_reference": 0.296117 }, "levels": { "trend_reference": 20.795667, "fair_value_reference": 23.352628, 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"stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.360721, "energy": 51.203232, "activity_lines": [ 17.256, 17.564546, 18.622714, 19.84815 ] }, { "date": "2026-07-24", "close": 14.95, "volume": 7840784, "typical_volume": 5547361.25, "trend": 21.208666, "fair_value": 23.535705, "relative_strength": -34.184312, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.304594, "energy": 59.506289, "activity_lines": [ 16.436, 16.988182, 18.188857, 19.423398 ] }, { "date": "2026-07-31", "close": 16.860001, "volume": 6068569, "typical_volume": 5591548.85, "trend": 20.967, "fair_value": 23.435449, "relative_strength": -25.647265, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.761235, "energy": 52.094507, "activity_lines": [ 16.344, 16.86, 17.975952, 19.142839 ] }, { "date": "2026-08-07", "close": 18.690001, "volume": 6113092, "typical_volume": 5620125.3, "trend": 20.795667, "fair_value": 23.352628, "relative_strength": -19.324588, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.400156, "energy": 41.612196, "activity_lines": [ 17.012001, 17.134728, 17.965476, 18.995935 ] } ], "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." } } }