{ "ticker": { "uuid": "4bc18279-58b5-4b5e-bc87-ae09ef095923", "symbol": "688256", "name": "Cambricon Technologies Corporation Limited", "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": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "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": 24.146, "architecture_energy": 22.563, "architecture_maturity": 73.25, "architecture_confidence": 96, "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": 53.83, "rotation_up": 18.09, "upward_expansion": 52.08, "deceleration": 93.97, "rotation_down": 37.56, "downward_expansion": 20.41 }, "activity_lines": [ 1191.987345, 1261.562547, 1244.023865, 1149.093401 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.166667 }, "latest_close": 1199.930054, "trend_reference": 1040.585508, "distance_from_trend": 0.15313, "trend_direction": "Improving", "fair_value": 479.337402, "distance_from_fair_value": 1.50331, "fair_value_direction": "Weakening", "relative_strength": 25.022512, "relative_strength_direction": "Weakening", "price_momentum": 0.421917, "excess_performance": 0.465121, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.15313, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.148549, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 1.50331, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.579962, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.250225, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.215445, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.421917, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.685456, "read": "Demand-led" } ], "volume": { "latest": 78227604, "relative_activity": 1.388209, "balance": 2.685456, "dry_up": 1.269048, "accumulation_observations": 7, "distribution_observations": 2 }, "risk": { "range_context": 0.166139, "annualized_volatility": 0.688141, "from_high_reference": -0.235699, "from_low_reference": 1.671698 }, "levels": { "trend_reference": 1040.585508, "fair_value_reference": 479.337402, "structural_low": 648.887171, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 9, "median_return": 0.023852, "positive_rate": 0.555556, "directional_follow_through": 0.555556, "median_excess_return": -0.019665, "regime_survival": 0.222222, "best_return": 1.057308, "worst_return": -0.177962, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.168829, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": 0.157226, "regime_survival": 0.0, "best_return": 2.236223, "worst_return": -0.349235, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.120409, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.038973, "regime_survival": 0.0, "best_return": 1.60442, "worst_return": -0.259204, "sufficient": false }, { "horizon": "Full 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"direction": 39.835747, "energy": 24.606588, "activity_lines": [ 1283.421322, 1321.547623, 1237.689818, 1132.841291 ] }, { "date": "2026-07-31", "close": 1106.0, "volume": 72310143, "typical_volume": 54984066.25, "trend": 1030.877059, "fair_value": 472.379907, "relative_strength": 20.134321, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.749447, "energy": 20.640056, "activity_lines": [ 1210.315991, 1281.379625, 1237.267892, 1138.186757 ] }, { "date": "2026-08-07", "close": 1199.930054, "volume": 78227604, "typical_volume": 56351456.7, "trend": 1040.585508, "fair_value": 479.337402, "relative_strength": 25.022512, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.146346, "energy": 22.562798, "activity_lines": [ 1191.987345, 1261.562547, 1244.023865, 1149.093401 ] } ], "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." } } }