{ "ticker": { "uuid": "74bbf829-7196-4779-a86e-eaa4eb7df944", "symbol": "688721", "name": "Shenzhen Longtu Photomask 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": 90.216, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "down", "architecture_direction": -44.629, "architecture_energy": 41.521, "architecture_maturity": 66.541, "architecture_confidence": 57.58, "architecture_tenure": "Developing", "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": 39.9, "rotation_up": 11.51, "upward_expansion": 14.6, "deceleration": 60.38, "rotation_down": 68.01, "downward_expansion": 68.93 }, "activity_lines": [ 39.448667, 44.443455, 45.587524, 45.331291 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.166667 }, "latest_close": 39.990002, "trend_reference": 45.723333, "distance_from_trend": -0.125392, "trend_direction": "Improving", "fair_value": 46.870817, "distance_from_fair_value": -0.146804, "fair_value_direction": "Weakening", "relative_strength": -14.254151, "relative_strength_direction": "Weakening", "price_momentum": -0.164961, "excess_performance": -0.121757, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.125392, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.010997, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.146804, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.11484, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.142542, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.044876, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.164961, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.316183, "read": "Demand-led" } ], "volume": { "latest": 20531760, "relative_activity": 1.293615, "balance": 1.316183, "dry_up": 1.622375, "accumulation_observations": 5, "distribution_observations": 4 }, "risk": { "range_context": 0.212861, "annualized_volatility": 0.656257, "from_high_reference": -0.375351, "from_low_reference": 0.201623 }, "levels": { "trend_reference": 45.723333, "fair_value_reference": 46.870817, 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] }, { "date": "2026-07-31", "close": 34.939999, "volume": 24363004, "typical_volume": 15078952.95, "trend": 45.941333, "fair_value": 46.937621, "relative_strength": -23.257212, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -38.501126, "energy": 34.007087, "activity_lines": [ 41.268667, 45.719455, 46.064572, 45.715247 ] }, { "date": "2026-08-07", "close": 39.990002, "volume": 20531760, "typical_volume": 15871611.4, "trend": 45.723333, "fair_value": 46.870817, "relative_strength": -14.254151, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "down", "direction": -44.629494, "energy": 41.521367, "activity_lines": [ 39.448667, 44.443455, 45.587524, 45.331291 ] } ], "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." } } }