{ "ticker": { "uuid": "ee73d9b9-e8fb-444f-b144-9487acb67713", "symbol": "600062", "name": "China Resources Double-Crane Pharmaceutical 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": -44.676, "architecture_energy": 31.574, "architecture_maturity": 100.0, "architecture_confidence": 59.181, "architecture_tenure": "Extended", "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": 27.82, "rotation_up": 25.07, "upward_expansion": 15.55, "deceleration": 66.85, "rotation_down": 39.68, "downward_expansion": 65.55 }, "activity_lines": [ 16.329122, 16.324529, 16.683999, 17.083506 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 16.360001, "trend_reference": 17.588069, "distance_from_trend": -0.069824, "trend_direction": "Weakening", "fair_value": 18.541365, "distance_from_fair_value": -0.117649, "fair_value_direction": "Weakening", "relative_strength": -9.700123, "relative_strength_direction": "Improving", "price_momentum": -0.127932, "excess_performance": -0.084728, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.069824, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.043867, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.117649, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.082627, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.097001, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.033406, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.127932, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.913229, "read": "Supply-led" } ], "volume": { "latest": 48792981, "relative_activity": 1.395823, "balance": 0.913229, "dry_up": 1.65074, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.050156, "annualized_volatility": 0.204241, "from_high_reference": -0.213887, "from_low_reference": 0.072923 }, "levels": { "trend_reference": 17.588069, "fair_value_reference": 18.541365, "structural_low": 15.248072, "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": 21, "median_return": 0.010114, "positive_rate": 0.52381, "directional_follow_through": 0.47619, "median_excess_return": 0.003158, "regime_survival": 0.809524, "best_return": 0.181128, "worst_return": -0.069725, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.002817, "positive_rate": 0.625, "directional_follow_through": 0.375, "median_excess_return": -0.010966, "regime_survival": 0.5, "best_return": 0.142506, "worst_return": -0.175334, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.047324, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.062072, "regime_survival": 0.5, "best_return": 0.126898, "worst_return": -0.191795, "sufficient": false }, { 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17.803574, "fair_value": 18.538011, "relative_strength": -5.971677, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.653064, "energy": 53.984568, "activity_lines": [ 16.297064, 16.448948, 16.981878, 17.360767 ] }, { "date": "2026-07-24", "close": 16.254835, "volume": 55752082, "typical_volume": 33182204.35, "trend": 17.726402, "fair_value": 18.537721, "relative_strength": -8.397007, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.447424, "energy": 43.544722, "activity_lines": [ 16.311526, 16.380241, 16.869495, 17.260849 ] }, { "date": "2026-07-31", "close": 16.27, "volume": 62040931, "typical_volume": 34947263.05, "trend": 17.652402, "fair_value": 18.539163, "relative_strength": -8.307968, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.36175, "energy": 37.327304, "activity_lines": [ 16.339388, 16.338385, 16.767818, 17.166887 ] }, { "date": "2026-08-07", "close": 16.360001, "volume": 48792981, "typical_volume": 34956432.1, "trend": 17.588069, "fair_value": 18.541365, "relative_strength": -9.700123, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.675762, "energy": 31.574177, "activity_lines": [ 16.329122, 16.324529, 16.683999, 17.083506 ] } ], "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." } } }