{ "ticker": { "uuid": "5bf7c907-1c2d-4b54-b4aa-0f62ae2989a0", "symbol": "7515", "name": "CSOP Leveraged and Inverse Series - CSOP Nikkei 225 Daily (-2x) Inverse Product", "exchange": "HKG", "country": "HK", "assetType": "etf" }, "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": "^HSI", "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": -44.18, "architecture_energy": 39.471, "architecture_maturity": 100.0, "architecture_confidence": 79.706, "architecture_tenure": "Extended", "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": 34.81, "rotation_up": 27.98, "upward_expansion": 25.54, "deceleration": 47.0, "rotation_down": 30.44, "downward_expansion": 61.88 }, "activity_lines": [ 14.201333, 13.792182, 14.727762, 16.550344 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 13.98, "trend_reference": 19.060333, "distance_from_trend": -0.26654, "trend_direction": "Weakening", "fair_value": 49.030439, "distance_from_fair_value": -0.714871, "fair_value_direction": "Weakening", "relative_strength": -46.184998, "relative_strength_direction": "Improving", "price_momentum": -0.444356, "excess_performance": -0.410775, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.26654, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.222641, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.714871, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.030324, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.46185, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.104664, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.444356, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.012882, "read": "Demand-led" } ], "volume": { "latest": 2158540, "relative_activity": 0.863827, "balance": 1.012882, "dry_up": 1.250763, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.102069, "annualized_volatility": 0.497852, "from_high_reference": -0.71643, "from_low_reference": 0.136585 }, "levels": { "trend_reference": 19.060333, "fair_value_reference": 49.030439, 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57.500738, "activity_lines": [ 13.722667, 13.615636, 15.278095, 17.252301 ] }, { "date": "2026-07-31", "close": 14.65, "volume": 4462480, "typical_volume": 2484560.0, "trend": 19.515667, "fair_value": 49.340619, "relative_strength": -45.590395, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.325631, "energy": 47.56206, "activity_lines": [ 14.142, 13.750182, 15.010476, 16.907484 ] }, { "date": "2026-08-07", "close": 13.98, "volume": 2158540, "typical_volume": 2498811.5, "trend": 19.060333, "fair_value": 49.030439, "relative_strength": -46.184998, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.179556, "energy": 39.471212, "activity_lines": [ 14.201333, 13.792182, 14.727762, 16.550344 ] } ], "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." } } }