{ "ticker": { "uuid": "013c40ad-4ce0-47b0-b078-63aff417b44f", "symbol": "688589", "name": "Leaguer (Shenzhen) Microelectronics Corp.", "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": -62.365, "architecture_energy": 74.879, "architecture_maturity": 32.963, "architecture_confidence": 85.461, "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": 11.56, "rotation_up": 9.39, "upward_expansion": 17.38, "deceleration": 37.25, "rotation_down": 70.33, "downward_expansion": 88.38 }, "activity_lines": [ 17.679333, 18.726573, 20.093007, 20.96846 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 18.01, "trend_reference": 22.153675, "distance_from_trend": -0.187042, "trend_direction": "Weakening", "fair_value": 22.547403, "distance_from_fair_value": -0.201238, "fair_value_direction": "Weakening", "relative_strength": -20.80576, "relative_strength_direction": "Weakening", "price_momentum": -0.295934, "excess_performance": -0.25273, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.187042, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.047698, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.201238, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.226811, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.208058, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.153721, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.295934, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.812886, "read": "Supply-led" } ], "volume": { "latest": 20259301, "relative_activity": 1.252326, "balance": 0.812886, "dry_up": 1.306172, "accumulation_observations": 4, "distribution_observations": 4 }, "risk": { "range_context": 0.125371, "annualized_volatility": 0.47563, "from_high_reference": -0.356096, "from_low_reference": 0.139873 }, "levels": { "trend_reference": 22.153675, "fair_value_reference": 22.547403, "structural_low": 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16.4, "volume": 19512058, "typical_volume": 16055643.05, "trend": 22.497008, "fair_value": 22.704306, "relative_strength": -26.403693, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.190876, "energy": 53.529468, "activity_lines": [ 18.832667, 19.601675, 20.823961, 21.594181 ] }, { "date": "2026-07-31", "close": 17.1, "volume": 16218781, "typical_volume": 15959995.9, "trend": 22.311675, "fair_value": 22.616646, "relative_strength": -23.170572, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.965271, "energy": 74.164118, "activity_lines": [ 18.026, 19.017031, 20.400055, 21.245987 ] }, { "date": "2026-08-07", "close": 18.01, "volume": 20259301, "typical_volume": 16177337.4, "trend": 22.153675, "fair_value": 22.547403, "relative_strength": -20.80576, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.365386, "energy": 74.878692, "activity_lines": [ 17.679333, 18.726573, 20.093007, 20.96846 ] } ], "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." } } }