{ "ticker": { "uuid": "2abdb2b8-781c-4d1c-bdc8-15e870a23c1e", "symbol": "VNET", "name": "Vianet Group plc", "exchange": "LSE", "country": "GB", "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": "^FTSE", "stage": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 51.105, "architecture_energy": 29.555, "architecture_maturity": 13.899, "architecture_confidence": 61.816, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 41.06, "rotation_up": 42.0, "upward_expansion": 74.43, "deceleration": 61.89, "rotation_down": 23.03, "downward_expansion": 3.43 }, "activity_lines": [ 0.661333, 0.661256, 0.651575, 0.645543 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 0.66, "trend_reference": 0.642005, "distance_from_trend": 0.028029, "trend_direction": "Improving", "fair_value": 0.829532, "distance_from_fair_value": -0.204371, "fair_value_direction": "Improving", "relative_strength": -7.200277, "relative_strength_direction": "Improving", "price_momentum": 0.038637, "excess_performance": -0.012598, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.028029, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.022184, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.204371, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.05566, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.072003, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.096906, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.038637, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.5098, "read": "Demand-led" } ], "volume": { "latest": 182244, "relative_activity": 1.693725, "balance": 1.5098, "dry_up": 2.01256, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.038032, "annualized_volatility": 0.135149, "from_high_reference": -0.187394, "from_low_reference": 0.18038 }, "levels": { "trend_reference": 0.642005, "fair_value_reference": 0.829532, "structural_low": 0.58209, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 15, "median_return": -0.002899, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.00509, "regime_survival": 0.666667, "best_return": 0.23248, "worst_return": -0.155172, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": -0.063276, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.051027, "regime_survival": 0.166667, "best_return": 0.318051, "worst_return": -0.107357, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.025105, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.036946, "regime_survival": 0.25, "best_return": 0.517234, "worst_return": -0.218351, "sufficient": false }, { "horizon": 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-7.012241, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.400758, "energy": 28.065532, "activity_lines": [ 0.661333, 0.658091, 0.644505, 0.641942 ] }, { "date": "2026-07-24", "close": 0.665, "volume": 228719, "typical_volume": 83366.75, "trend": 0.643925, "fair_value": 0.830428, "relative_strength": -6.588192, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.414426, "energy": 26.31151, "activity_lines": [ 0.662667, 0.660524, 0.647243, 0.643365 ] }, { "date": "2026-07-31", "close": 0.66, "volume": 387007, "typical_volume": 100824.75, "trend": 0.642318, "fair_value": 0.829965, "relative_strength": -7.67925, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.332847, "energy": 33.413954, "activity_lines": [ 0.662, 0.661246, 0.649455, 0.644402 ] }, { "date": "2026-08-07", "close": 0.66, "volume": 182244, "typical_volume": 107599.5, "trend": 0.642005, "fair_value": 0.829532, "relative_strength": -7.200277, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.105397, "energy": 29.555251, "activity_lines": [ 0.661333, 0.661256, 0.651575, 0.645543 ] } ], "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." } } }