{ "ticker": { "uuid": "5c9a48e6-4596-43a2-97d5-d14bd65ea6b5", "symbol": "CNET", "name": "ZW Data Action Technologies Inc", "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": 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": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Emerging rotation", "architecture_gate": "up", "architecture_direction": 63.432, "architecture_energy": 41.967, "architecture_maturity": 30.0, "architecture_confidence": 72.411, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 31.05, "rotation_up": 61.91, "upward_expansion": 78.26, "deceleration": 55.66, "rotation_down": 15.72, "downward_expansion": 7.26 }, "activity_lines": [ 1.238, 1.123267, 0.977724, 0.917996 ], "activity_state": "Moderate", "activity_direction": "Stable", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 1.39, "trend_reference": 0.897447, "distance_from_trend": 0.548839, "trend_direction": "Weakening", "fair_value": 2.203071, "distance_from_fair_value": -0.369062, "fair_value_direction": "Improving", "relative_strength": -3.10948, "relative_strength_direction": "Improving", "price_momentum": 0.510541, "excess_performance": 0.323088, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.548839, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.131842, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.369062, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.339451, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.031095, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.511722, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.510541, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.311417, "read": "Demand-led" } ], "volume": { "latest": 245464, "relative_activity": 0.17862, "balance": 3.311417, "dry_up": 1.94065, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.293893, "annualized_volatility": 1.272689, "from_high_reference": -0.5, "from_low_reference": 1.438596 }, "levels": { "trend_reference": 0.897447, "fair_value_reference": 2.203071, "structural_low": 0.57, "invalidation": "A renewed decline 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"mixed", "direction": 24.280413, "energy": 42.419583, "activity_lines": [ 1.008653, 0.921653, 0.840581, 0.846474 ] }, { "date": "2026-07-17", "close": 0.900499, "volume": 21393, "typical_volume": 849585.75, "trend": 0.895013, "fair_value": 2.280103, "relative_strength": -35.901888, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.618648, "energy": 24.450115, "activity_lines": [ 0.973326, 0.929551, 0.850623, 0.846098 ] }, { "date": "2026-07-24", "close": 0.793, "volume": 5794298, "typical_volume": 1136227.8, "trend": 0.881113, "fair_value": 2.249801, "relative_strength": -41.747727, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 5.942524, "energy": 7.78757, "activity_lines": [ 0.911466, 0.915122, 0.850032, 0.839516 ] }, { "date": "2026-07-31", "close": 1.6, "volume": 4606378, "typical_volume": 1363622.05, "trend": 0.892447, "fair_value": 2.226468, "relative_strength": 16.781429, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 48.307306, "energy": 31.999366, "activity_lines": [ 1.132406, 1.046283, 0.925902, 0.885896 ] }, { "date": "2026-08-07", "close": 1.39, "volume": 245464, "typical_volume": 1374221.65, "trend": 0.897447, "fair_value": 2.203071, "relative_strength": -3.10948, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 63.431865, "energy": 41.966733, "activity_lines": [ 1.238, 1.123267, 0.977724, 0.917996 ] } ], "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." } } }