{ "ticker": { "uuid": "03204ea9-eb00-4a2d-8ae9-a9e9dc21c67e", "symbol": "688115", "name": "Smartgiant 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": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 66.527, "architecture_energy": 36.3, "architecture_maturity": 61.023, "architecture_confidence": 61.772, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 34.92, "rotation_up": 42.94, "upward_expansion": 71.01, "deceleration": 71.38, "rotation_down": 25.42, "downward_expansion": 9.01 }, "activity_lines": [ 49.196304, 48.797415, 45.273861, 42.181709 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 54.509998, "trend_reference": 39.59463, "distance_from_trend": 0.376702, "trend_direction": "Improving", "fair_value": 29.468835, "distance_from_fair_value": 0.849751, "fair_value_direction": "Improving", "relative_strength": 31.777389, "relative_strength_direction": "Improving", "price_momentum": 0.633537, "excess_performance": 0.676741, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.376702, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.013725, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.849751, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.360123, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.317774, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.342462, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.633537, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.802077, "read": "Demand-led" } ], "volume": { "latest": 12168427, "relative_activity": 1.000564, "balance": 1.802077, "dry_up": 1.190669, "accumulation_observations": 6, "distribution_observations": 2 }, "risk": { "range_context": 0.155651, "annualized_volatility": 0.573989, "from_high_reference": -0.100449, "from_low_reference": 1.05201 }, "levels": { "trend_reference": 39.59463, "fair_value_reference": 29.468835, "structural_low": 26.564193, "invalidation": "A 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{ "date": "2026-07-24", "close": 45.110001, "volume": 15941787, "typical_volume": 11547696.55, "trend": 39.483391, "fair_value": 29.136032, "relative_strength": 13.013122, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.10737, "energy": 47.575334, "activity_lines": [ 49.10383, 47.154094, 43.347377, 40.828184 ] }, { "date": "2026-07-31", "close": 45.290001, "volume": 10695730, "typical_volume": 11805932.95, "trend": 39.336957, "fair_value": 29.268073, "relative_strength": 12.795232, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.409194, "energy": 34.329507, "activity_lines": [ 47.451274, 47.163132, 43.906832, 41.202804 ] }, { "date": "2026-08-07", "close": 54.509998, "volume": 12168427, "typical_volume": 12161566.35, "trend": 39.59463, "fair_value": 29.468835, "relative_strength": 31.777389, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 66.526704, "energy": 36.300027, "activity_lines": [ 49.196304, 48.797415, 45.273861, 42.181709 ] } ], "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." } } }