{ "ticker": { "uuid": "f28de4d2-9200-4bf4-a118-5723ba56d8b7", "symbol": "002880", "name": "Shenzhen Weiguang Biological Products 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": -64.37, "architecture_energy": 60.715, "architecture_maturity": 58.65, "architecture_confidence": 95.216, "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": 7.88, "rotation_up": 21.93, "upward_expansion": 10.94, "deceleration": 60.23, "rotation_down": 60.14, "downward_expansion": 84.28 }, "activity_lines": [ 20.182666, 20.600727, 22.225841, 23.635648 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 20.73, "trend_reference": 25.179164, "distance_from_trend": -0.1767, "trend_direction": "Weakening", "fair_value": 28.071394, "distance_from_fair_value": -0.261526, "fair_value_direction": "Weakening", "relative_strength": -23.135292, "relative_strength_direction": "Improving", "price_momentum": -0.227923, "excess_performance": -0.235323, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.1767, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.063782, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.261526, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.140636, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.231353, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.020695, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.227923, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.641412, "read": "Supply-led" } ], "volume": { "latest": 13650618, "relative_activity": 1.921527, "balance": 0.641412, "dry_up": 1.321583, "accumulation_observations": 2, "distribution_observations": 4 }, "risk": { "range_context": 0.083017, "annualized_volatility": 0.34338, "from_high_reference": -0.381699, "from_low_reference": 0.116317 }, "levels": { "trend_reference": 25.179164, "fair_value_reference": 28.071394, "structural_low": 18.57, "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": 24, "median_return": 0.010337, "positive_rate": 0.541667, "directional_follow_through": 0.458333, "median_excess_return": -0.002164, "regime_survival": 0.708333, "best_return": 0.117625, "worst_return": -0.105367, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.03286, "positive_rate": 0.444444, "directional_follow_through": 0.555556, "median_excess_return": -0.037119, "regime_survival": 0.333333, "best_return": 0.069463, "worst_return": -0.192282, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.031545, "positive_rate": 0.2, "directional_follow_through": 0.8, "median_excess_return": -0.05648, "regime_survival": 0.0, "best_return": 0.079667, "worst_return": -0.066821, "sufficient": true }, { "horizon": 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"relative_strength": -29.291481, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.814382, "energy": 72.543908, "activity_lines": [ 20.286, 21.164305, 22.982321, 24.294168 ] }, { "date": "2026-07-31", "close": 19.92, "volume": 6728771, "typical_volume": 7142097.35, "trend": 25.331557, "fair_value": 28.175931, "relative_strength": -23.110276, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.375692, "energy": 65.82259, "activity_lines": [ 20.096, 20.754181, 22.541002, 23.932523 ] }, { "date": "2026-08-07", "close": 20.73, "volume": 13650618, "typical_volume": 7104048.1, "trend": 25.179164, "fair_value": 28.071394, "relative_strength": -23.135292, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.369857, "energy": 60.714999, "activity_lines": [ 20.182666, 20.600727, 22.225841, 23.635648 ] } ], "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." } } }