{
  "ticker": {
    "uuid": "e2504958-c1e7-4f45-89ef-c93c7b52f826",
    "symbol": "000504",
    "name": "Landfar Bio-medicine 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": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -43.272,
    "architecture_energy": 30.475,
    "architecture_maturity": 48.248,
    "architecture_confidence": 60.702,
    "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": 38.68,
        "rotation_up": 23.67,
        "upward_expansion": 15.31,
        "deceleration": 66.47,
        "rotation_down": 37.89,
        "downward_expansion": 62.98
      },
      "activity_lines": [
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        8.395524,
        8.678731
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      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.333333
    },
    "latest_close": 8.5,
    "trend_reference": 8.894,
    "distance_from_trend": -0.0443,
    "trend_direction": "Weakening",
    "fair_value": 9.113526,
    "distance_from_fair_value": -0.06732,
    "fair_value_direction": "Weakening",
    "relative_strength": -10.952975,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.019608,
    "excess_performance": -0.027008,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.0443,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.045981,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.06732,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.074383,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.10953,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.061257,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.019608,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.296932,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 34065905,
      "relative_activity": 1.456426,
      "balance": 1.296932,
      "dry_up": 2.182878,
      "accumulation_observations": 4,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.09457,
      "annualized_volatility": 0.465502,
      "from_high_reference": -0.322169,
      "from_low_reference": 0.174033
    },
    "levels": {
      "trend_reference": 8.894,
      "fair_value_reference": 9.113526,
      "structural_low": 7.24,
      "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": 33,
        "median_return": 0.044733,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.333333,
        "median_excess_return": 0.048889,
        "regime_survival": 0.757576,
        "best_return": 0.314788,
        "worst_return": -0.223565,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 12,
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        "positive_rate": 0.5,
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        "median_excess_return": 0.009591,
        "regime_survival": 0.583333,
        "best_return": 0.840604,
        "worst_return": -0.205438,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 8,
        "median_return": -0.085757,
        "positive_rate": 0.25,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.046747,
        "regime_survival": 0.625,
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        "worst_return": -0.21444,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
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        "directional_follow_through": 0.75,
        "median_excess_return": 0.000981,
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        "best_return": 0.540268,
        "worst_return": -0.256456,
        "sufficient": false
      }
    ],
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        "tenure": "Developing",
        "return": -0.136585,
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      },
      {
        "regime": "balance",
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      {
        "regime": "downward_expansion",
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      {
        "regime": "rotation_up",
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      {
        "regime": "deceleration",
        "label": "Deceleration",
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      {
        "regime": "downward_expansion",
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      },
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 22908635.55,
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        "fair_value": 9.157821,
        "relative_strength": -21.444436,
        "stage": 4,
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        "modifier": "Early contraction",
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      },
      {
        "date": "2026-07-31",
        "close": 7.57,
        "volume": 31613005,
        "typical_volume": 22691448.5,
        "trend": 8.909,
        "fair_value": 9.134295,
        "relative_strength": -17.382828,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.116151,
        "energy": 45.084059,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 8.5,
        "volume": 34065905,
        "typical_volume": 23390073.55,
        "trend": 8.894,
        "fair_value": 9.113526,
        "relative_strength": -10.952975,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -43.271632,
        "energy": 30.474602,
        "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."
    }
  }
}