{ "ticker": { "uuid": "f1595a95-4309-45e1-8296-d7a8ea7adfc7", "symbol": "600750", "name": "China Resources Jiangzhong 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": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 73.561, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Structural repair", "architecture_gate": "mixed", "architecture_direction": 16.534, "architecture_energy": 25.685, "architecture_maturity": 4.594, "architecture_confidence": 60.443, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 54.59, "rotation_up": 59.13, "upward_expansion": 40.07, "deceleration": 34.2, "rotation_down": 14.66, "downward_expansion": 15.07 }, "activity_lines": [ 25.162, 24.531338, 24.235445, 24.445332 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 24.77, "trend_reference": 24.51122, "distance_from_trend": 0.010558, "trend_direction": "Improving", "fair_value": 21.434376, "distance_from_fair_value": 0.15562, "fair_value_direction": "Improving", "relative_strength": 6.243044, "relative_strength_direction": "Improving", "price_momentum": -0.00362, "excess_performance": 0.039584, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.010558, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.021565, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.15562, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.052941, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.06243, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.13567, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.00362, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.836489, "read": "Supply-led" } ], "volume": { "latest": 23801899, "relative_activity": 1.10115, "balance": 0.836489, "dry_up": 1.250401, "accumulation_observations": 3, "distribution_observations": 4 }, "risk": { "range_context": 0.066466, "annualized_volatility": 0.363658, "from_high_reference": -0.107387, "from_low_reference": 0.177033 }, "levels": { "trend_reference": 24.51122, "fair_value_reference": 21.434376, "structural_low": 21.377105, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 2, "median_return": -0.012376, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.007851, "regime_survival": 0.5, "best_return": 0.036399, "worst_return": -0.061151, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 1, "median_return": 0.073291, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.068547, "regime_survival": 0.0, "best_return": 0.073291, "worst_return": 0.073291, "sufficient": false }, { "horizon": "Extended", "sample_count": 1, "median_return": 0.18705, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.180571, "regime_survival": 0.0, "best_return": 0.18705, "worst_return": 0.18705, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 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"2025-10-17", "end": "2025-11-28", "tenure": "Developing", "return": 0.001383, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-05", "end": "2026-01-16", "tenure": "Developing", "return": -0.019557, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-01-23", "end": "2026-02-06", "tenure": "New", "return": 0.075085, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-13", "end": "2026-05-01", "tenure": "Developing", "return": -0.076357, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-05-08", "end": "2026-05-15", "tenure": "New", "return": -0.045643, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-05-22", "end": "2026-06-12", "tenure": "New", "return": 0.076249, "active": false }, { "regime": 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"date": "2026-07-10", "close": 23.530001, "volume": 19033312, "typical_volume": 21014659.35, "trend": 24.335887, "fair_value": 21.233582, "relative_strength": 0.166047, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.921255, "energy": 39.931296, "activity_lines": [ 23.245397, 23.372935, 23.958332, 24.217131 ] }, { "date": "2026-07-17", "close": 25.209999, "volume": 32793877, "typical_volume": 22041446.95, "trend": 24.363554, "fair_value": 21.271919, "relative_strength": 13.717752, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -21.081431, "energy": 12.452655, "activity_lines": [ 23.891333, 23.722483, 24.024491, 24.273525 ] }, { "date": "2026-07-24", "close": 24.690001, "volume": 27561950, "typical_volume": 22000288.15, "trend": 24.365554, "fair_value": 21.321032, "relative_strength": 9.77538, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.11541, "energy": 14.379276, "activity_lines": [ 24.261333, 23.941442, 24.03946, 24.294586 ] }, { "date": "2026-07-31", "close": 26.389999, "volume": 23954445, "typical_volume": 21970952.75, "trend": 24.457887, "fair_value": 21.383121, "relative_strength": 16.458664, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 32.865798, "energy": 31.408606, "activity_lines": [ 25.114, 24.423627, 24.21719, 24.425196 ] }, { "date": "2026-08-07", "close": 24.77, "volume": 23801899, "typical_volume": 21615493.9, "trend": 24.51122, "fair_value": 21.434376, "relative_strength": 6.243044, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 16.533923, "energy": 25.684515, "activity_lines": [ 25.162, 24.531338, 24.235445, 24.445332 ] } ], "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." } } }