{ "ticker": { "uuid": "fdfce955-38cc-46b3-9e71-23744b5d72a3", "symbol": "002644", "name": "LanZhou Foci Pharmaceutical 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": "4c", "phase_label": "Stage 4C \u00b7 Repair watch", "transition": "stage_4_to_1_watch", "transition_label": "Stage 4 \u2192 1 repair watch", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -19.974, "architecture_energy": 21.613, "architecture_maturity": 88.718, "architecture_confidence": 72.851, "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": 42.42, "rotation_up": 36.94, "upward_expansion": 21.24, "deceleration": 44.15, "rotation_down": 19.67, "downward_expansion": 55.24 }, "activity_lines": [ 7.752667, 7.577205, 7.666041, 7.897034 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.0 }, "latest_close": 8.04, "trend_reference": 8.216475, "distance_from_trend": -0.021478, "trend_direction": "Weakening", "fair_value": 8.388537, "distance_from_fair_value": -0.041549, "fair_value_direction": "Improving", "relative_strength": -9.476931, "relative_strength_direction": "Improving", "price_momentum": -0.086364, "excess_performance": -0.093763, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.021478, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.05542, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.041549, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.004566, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.094769, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.134317, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.086364, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.967229, "read": "Supply-led" } ], "volume": { "latest": 19733154, "relative_activity": 0.795277, "balance": 0.967229, "dry_up": 1.194975, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.055518, "annualized_volatility": 0.288587, "from_high_reference": -0.270417, "from_low_reference": 0.150215 }, "levels": { "trend_reference": 8.216475, "fair_value_reference": 8.388537, "structural_low": 6.99, "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": 23, "median_return": -0.006974, "positive_rate": 0.478261, "directional_follow_through": 0.521739, "median_excess_return": -0.002341, "regime_survival": 0.869565, "best_return": 0.232877, "worst_return": -0.223595, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": -0.00029, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.019955, "regime_survival": 0.625, "best_return": 0.383543, "worst_return": -0.197726, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.081522, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": -0.033296, "regime_survival": 0.4, "best_return": 0.133891, "worst_return": -0.278924, "sufficient": true }, { "horizon": "Full cycle", 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"2026-07-17", "close": 7.81, "volume": 45733516, "typical_volume": 26482277.55, "trend": 8.341141, "fair_value": 8.459355, "relative_strength": -10.574493, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.739552, "energy": 48.453342, "activity_lines": [ 7.416644, 7.431832, 7.725959, 8.002202 ] }, { "date": "2026-07-24", "close": 7.46, "volume": 31123951, "typical_volume": 25809029.4, "trend": 8.272475, "fair_value": 8.432956, "relative_strength": -14.356035, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.346758, "energy": 35.425241, "activity_lines": [ 7.457333, 7.425591, 7.673272, 7.945354 ] }, { "date": "2026-07-31", "close": 7.72, "volume": 22012650, "typical_volume": 25072943.5, "trend": 8.236475, "fair_value": 8.408861, "relative_strength": -9.479564, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.760742, "energy": 24.891713, "activity_lines": [ 7.574667, 7.473317, 7.65168, 7.90971 ] }, { "date": "2026-08-07", "close": 8.04, "volume": 19733154, "typical_volume": 24812928.45, "trend": 8.216475, "fair_value": 8.388537, "relative_strength": -9.476931, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.973821, "energy": 21.612995, "activity_lines": [ 7.752667, 7.577205, 7.666041, 7.897034 ] } ], "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." } } }