{ "ticker": { "uuid": "e8500eed-46d7-47af-b1d2-7788dad009c5", "symbol": "301370", "name": "GKHT 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": 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": -47.133, "architecture_energy": 40.492, "architecture_maturity": 93.527, "architecture_confidence": 59.325, "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": 23.94, "rotation_up": 27.08, "upward_expansion": 18.21, "deceleration": 66.99, "rotation_down": 38.49, "downward_expansion": 65.87 }, "activity_lines": [ 8.594667, 8.557542, 8.921671, 9.385527 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 8.78, "trend_reference": 10.09443, "distance_from_trend": -0.130213, "trend_direction": "Weakening", "fair_value": 12.068354, "distance_from_fair_value": -0.272477, "fair_value_direction": "Weakening", "relative_strength": -20.238427, "relative_strength_direction": "Improving", "price_momentum": -0.244406, "excess_performance": -0.251806, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.130213, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.087564, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.272477, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.104698, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.202384, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.036151, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.244406, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.08998, "read": "Demand-led" } ], "volume": { "latest": 24169870, "relative_activity": 1.765965, "balance": 1.08998, "dry_up": 1.632713, "accumulation_observations": 3, "distribution_observations": 4 }, "risk": { "range_context": 0.066758, "annualized_volatility": 0.250858, "from_high_reference": -0.331302, "from_low_reference": 0.08933 }, "levels": { "trend_reference": 10.09443, "fair_value_reference": 12.068354, "structural_low": 8.06, 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8.728667, 9.32325, 9.846433 ] }, { "date": "2026-07-17", "close": 8.71, "volume": 29029742, "typical_volume": 12860855.25, "trend": 10.433096, "fair_value": 12.224405, "relative_strength": -19.81507, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.154713, "energy": 64.038177, "activity_lines": [ 8.526667, 8.668477, 9.214713, 9.729782 ] }, { "date": "2026-07-24", "close": 8.14, "volume": 18147968, "typical_volume": 12879161.05, "trend": 10.301763, "fair_value": 12.198223, "relative_strength": -24.659021, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.464326, "energy": 64.456517, "activity_lines": [ 8.410667, 8.534753, 9.066175, 9.58184 ] }, { "date": "2026-07-31", "close": 8.67, "volume": 18036888, "typical_volume": 13181924.15, "trend": 10.191096, "fair_value": 12.126965, "relative_strength": -17.841109, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.51192, "energy": 52.264288, "activity_lines": [ 8.502, 8.529609, 8.982733, 9.476565 ] }, { "date": "2026-08-07", "close": 8.78, "volume": 24169870, "typical_volume": 13686497.25, "trend": 10.09443, "fair_value": 12.068354, "relative_strength": -20.238427, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.133211, "energy": 40.492135, "activity_lines": [ 8.594667, 8.557542, 8.921671, 9.385527 ] } ], "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." } } }