{ "ticker": { "uuid": "125f57de-51dc-43cd-91d5-d2dca93fcd30", "symbol": "FUTU", "name": "Futu Holdings Ltd", "exchange": "NASDAQ", "country": "US", "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": "QQQ", "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": -41.204, "architecture_energy": 27.476, "architecture_maturity": 80.11, "architecture_confidence": 80.024, "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": 31.81, "rotation_up": 27.43, "upward_expansion": 20.75, "deceleration": 46.04, "rotation_down": 30.56, "downward_expansion": 59.42 }, "activity_lines": [ 103.346, 100.235818, 107.333229, 116.290667 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 109.02, "trend_reference": 128.469401, "distance_from_trend": -0.151393, "trend_direction": "Weakening", "fair_value": 100.583458, "distance_from_fair_value": 0.083876, "fair_value_direction": "Weakening", "relative_strength": -36.09058, "relative_strength_direction": "Weakening", "price_momentum": -0.269013, "excess_performance": -0.456466, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.151393, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.154157, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.083876, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.426278, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.360906, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.146929, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.269013, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.634352, "read": "Supply-led" } ], "volume": { "latest": 6027120, "relative_activity": 0.453757, "balance": 0.634352, "dry_up": 0.503713, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.139649, "annualized_volatility": 0.706506, "from_high_reference": -0.45323, "from_low_reference": 0.354286 }, "levels": { "trend_reference": 128.469401, "fair_value_reference": 100.583458, 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"relative_strength": -39.563416, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.645617, "energy": 42.644134, "activity_lines": [ 96.844667, 96.583091, 109.799755, 119.490539 ] }, { "date": "2026-07-31", "close": 105.12, "volume": 6586948, "typical_volume": 13395012.6, "trend": 130.692803, "fair_value": 100.187946, "relative_strength": -35.896508, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.311603, "energy": 35.161231, "activity_lines": [ 99.736, 98.194545, 108.300227, 117.688912 ] }, { "date": "2026-08-07", "close": 109.02, "volume": 6027120, "typical_volume": 13282716.9, "trend": 128.469401, "fair_value": 100.583458, "relative_strength": -36.09058, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.204381, "energy": 27.476059, "activity_lines": [ 103.346, 100.235818, 107.333229, 116.290667 ] } ], "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." } } }