{ "ticker": { "uuid": "3f7bde23-fcd7-4ffd-93e3-63738ee1fc92", "symbol": "688368", "name": "Shanghai Bright Power Semiconductor 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": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 63.555, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "mixed", "architecture_direction": -19.97, "architecture_energy": 35.075, "architecture_maturity": 67.24, "architecture_confidence": 54.626, "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": 42.66, "rotation_up": 14.03, "upward_expansion": 16.42, "deceleration": 72.95, "rotation_down": 65.34, "downward_expansion": 41.42 }, "activity_lines": [ 123.655334, 148.315064, 149.456757, 144.505149 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 125.870003, "trend_reference": 140.323584, "distance_from_trend": -0.103002, "trend_direction": "Improving", "fair_value": 91.343896, "distance_from_fair_value": 0.377979, "fair_value_direction": "Improving", "relative_strength": 1.921041, "relative_strength_direction": "Improving", "price_momentum": -0.244024, "excess_performance": -0.20082, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.103002, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.162283, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.377979, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.039117, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.01921, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.026918, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.244024, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.651153, "read": "Demand-led" } ], "volume": { "latest": 24166547, "relative_activity": 1.376366, "balance": 1.651153, "dry_up": 1.250331, "accumulation_observations": 4, "distribution_observations": 4 }, "risk": { "range_context": 0.253229, "annualized_volatility": 0.88766, "from_high_reference": -0.448084, "from_low_reference": 0.438514 }, "levels": { "trend_reference": 140.323584, "fair_value_reference": 91.343896, "structural_low": 90.638233, 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"upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 28.109986, "energy": 27.362473, "activity_lines": [ 172.455334, 175.820684, 156.636531, 148.85681 ] }, { "date": "2026-07-24", "close": 119.5, "volume": 25828761, "typical_volume": 16082327.5, "trend": 140.325918, "fair_value": 91.135544, "relative_strength": 0.49877, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 5.92119, "energy": 19.707475, "activity_lines": [ 149.888668, 166.63029, 154.356733, 147.533633 ] }, { "date": "2026-07-31", "close": 107.489998, "volume": 19774817, "typical_volume": 16704875.05, "trend": 139.975584, "fair_value": 91.133055, "relative_strength": -10.237187, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -22.650466, "energy": 34.745108, "activity_lines": [ 129.965334, 155.456564, 150.987888, 145.415186 ] }, { "date": "2026-08-07", "close": 125.870003, "volume": 24166547, "typical_volume": 17558232.45, "trend": 140.323584, "fair_value": 91.343896, "relative_strength": 1.921041, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -19.969551, "energy": 35.074806, "activity_lines": [ 123.655334, 148.315064, 149.456757, 144.505149 ] } ], "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." } } }