{ "ticker": { "uuid": "f7cb7884-21cc-40a4-a29e-ff5f658cadca", "symbol": "603998", "name": "Hunan Fangsheng 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": -42.837, "architecture_energy": 30.671, "architecture_maturity": 86.81, "architecture_confidence": 82.056, "architecture_tenure": "Established", "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": 31.44, "rotation_up": 25.6, "upward_expansion": 15.72, "deceleration": 46.86, "rotation_down": 35.59, "downward_expansion": 63.39 }, "activity_lines": [ 9.484667, 9.456182, 9.7103, 10.076363 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 9.72, "trend_reference": 10.598502, "distance_from_trend": -0.082889, "trend_direction": "Weakening", "fair_value": 10.160927, "distance_from_fair_value": -0.043394, "fair_value_direction": "Weakening", "relative_strength": -10.272784, "relative_strength_direction": "Weakening", "price_momentum": -0.163624, "excess_performance": -0.120421, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.082889, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.05674, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.043394, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.088892, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.102728, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.004286, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.163624, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.800892, "read": "Supply-led" } ], "volume": { "latest": 40548900, "relative_activity": 1.180949, "balance": 0.800892, "dry_up": 1.600231, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.066645, "annualized_volatility": 0.307172, "from_high_reference": -0.259613, "from_low_reference": 0.098305 }, "levels": { "trend_reference": 10.598502, "fair_value_reference": 10.160927, 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"stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.241319, "energy": 69.328943, "activity_lines": [ 9.366, 9.565735, 9.995626, 10.39424 ] }, { "date": "2026-07-17", "close": 9.83, "volume": 80928300, "typical_volume": 32002263.0, "trend": 10.762305, "fair_value": 10.173766, "relative_strength": -6.09883, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.425828, "energy": 50.674127, "activity_lines": [ 9.503333, 9.569417, 9.938197, 10.331306 ] }, { "date": "2026-07-24", "close": 8.96, "volume": 58685400, "typical_volume": 33197344.65, "trend": 10.690462, "fair_value": 10.163597, "relative_strength": -15.200264, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.858702, "energy": 50.76898, "activity_lines": [ 9.353333, 9.43227, 9.80921, 10.215029 ] }, { "date": "2026-07-31", "close": 9.46, "volume": 39618700, "typical_volume": 33935519.65, "trend": 10.638852, "fair_value": 10.160586, "relative_strength": -10.624286, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.02518, "energy": 42.460366, "activity_lines": [ 9.396, 9.414727, 9.741969, 10.135644 ] }, { "date": "2026-08-07", "close": 9.72, "volume": 40548900, "typical_volume": 34335865.65, "trend": 10.598502, "fair_value": 10.160927, "relative_strength": -10.272784, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.837151, "energy": 30.671382, "activity_lines": [ 9.484667, 9.456182, 9.7103, 10.076363 ] } ], "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." } } }