{ "ticker": { "uuid": "f684dde3-015a-43ec-b4a9-9441d7b40719", "symbol": "688273", "name": "Nanjing Medlander Medical 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": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -65.268, "architecture_energy": 81.448, "architecture_maturity": 28.0, "architecture_confidence": 86.543, "architecture_tenure": "New", "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": 11.18, "rotation_up": 8.53, "upward_expansion": 19.66, "deceleration": 37.03, "rotation_down": 75.83, "downward_expansion": 92.99 }, "activity_lines": [ 30.676, 33.820364, 37.552053, 39.319926 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 31.25, "trend_reference": 41.673504, "distance_from_trend": -0.250123, "trend_direction": "Weakening", "fair_value": 30.274515, "distance_from_fair_value": 0.032221, "fair_value_direction": "Weakening", "relative_strength": -22.2135, "relative_strength_direction": "Weakening", "price_momentum": -0.287266, "excess_performance": -0.244062, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.250123, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.003939, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.032221, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.450765, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.222135, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.297411, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.287266, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.419205, "read": "Supply-led" } ], "volume": { "latest": 5263643, "relative_activity": 0.701718, "balance": 0.419205, "dry_up": 1.082456, "accumulation_observations": 1, "distribution_observations": 6 }, "risk": { "range_context": 0.154409, "annualized_volatility": 0.619232, "from_high_reference": -0.483553, "from_low_reference": 0.149742 }, "levels": { "trend_reference": 41.673504, "fair_value_reference": 30.274515, "structural_low": 27.18, 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"activity_lines": [ 39.461334, 40.489419, 41.837477, 42.461123 ] }, { "date": "2026-07-17", "close": 32.119999, "volume": 9764835, "typical_volume": 8624892.5, "trend": 42.563987, "fair_value": 30.306281, "relative_strength": -16.932363, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.090135, "energy": 74.015457, "activity_lines": [ 36.88, 38.793646, 40.840648, 41.783357 ] }, { "date": "2026-07-24", "close": 28.5, "volume": 9154662, "typical_volume": 8634186.6, "trend": 42.336477, "fair_value": 30.288906, "relative_strength": -27.116419, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.115938, "energy": 81.575122, "activity_lines": [ 33.637333, 36.667613, 39.564211, 40.876003 ] }, { "date": "2026-07-31", "close": 29.0, "volume": 8295202, "typical_volume": 8151611.0, "trend": 42.032725, "fair_value": 30.272726, "relative_strength": -25.973027, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.93709, "energy": 84.323409, "activity_lines": [ 31.522667, 34.914909, 38.404324, 40.015585 ] }, { "date": "2026-08-07", "close": 31.25, "volume": 5263643, "typical_volume": 7501077.65, "trend": 41.673504, "fair_value": 30.274515, "relative_strength": -22.2135, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.267858, "energy": 81.447755, "activity_lines": [ 30.676, 33.820364, 37.552053, 39.319926 ] } ], "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." } } }