{ "ticker": { "uuid": "f3ec5975-3b13-4f8b-85d1-d4a631768140", "symbol": "603718", "name": "Shanghai Hile Bio-Technology 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": -63.332, "architecture_energy": 62.337, "architecture_maturity": 100.0, "architecture_confidence": 90.539, "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": 13.63, "rotation_up": 29.32, "upward_expansion": 12.0, "deceleration": 60.6, "rotation_down": 50.01, "downward_expansion": 83.0 }, "activity_lines": [ 2.826, 2.86, 3.141714, 3.519677 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 2.91, "trend_reference": 4.155, "distance_from_trend": -0.299639, "trend_direction": "Weakening", "fair_value": 7.114787, "distance_from_fair_value": -0.590993, "fair_value_direction": "Weakening", "relative_strength": -45.083571, "relative_strength_direction": "Improving", "price_momentum": -0.551618, "excess_performance": -0.508414, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.299639, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.229747, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.590993, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.069358, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.450836, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.029352, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.551618, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.01174, "read": "Demand-led" } ], "volume": { "latest": 30942420, "relative_activity": 0.611001, "balance": 1.01174, "dry_up": 0.592503, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.1023, "annualized_volatility": 0.484612, "from_high_reference": -0.627401, "from_low_reference": 0.132296 }, "levels": { "trend_reference": 4.155, "fair_value_reference": 7.114787, "structural_low": 2.57, "invalidation": 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"typical_volume": 52329065.05, "trend": 4.261333, "fair_value": 7.155926, "relative_strength": -45.606195, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.332709, "energy": 64.20192, "activity_lines": [ 2.802, 2.874727, 3.202905, 3.60686 ] }, { "date": "2026-08-07", "close": 2.91, "volume": 30942420, "typical_volume": 50642215.9, "trend": 4.155, "fair_value": 7.114787, "relative_strength": -45.083571, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.331764, "energy": 62.337013, "activity_lines": [ 2.826, 2.86, 3.141714, 3.519677 ] } ], "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." } } }