{ "ticker": { "uuid": "92284ed4-e5c7-474e-8a6e-8ec068cb4879", "symbol": "688584", "name": "Wafer Works (Shanghai) 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": 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": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 30.133, "architecture_energy": 21.056, "architecture_maturity": 81.48, "architecture_confidence": 92.056, "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": 45.2, "rotation_up": 25.62, "upward_expansion": 56.38, "deceleration": 88.33, "rotation_down": 34.4, "downward_expansion": 20.05 }, "activity_lines": [ 29.028666, 30.698727, 28.868, 27.078344 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 28.98, "trend_reference": 25.395333, "distance_from_trend": 0.141155, "trend_direction": "Improving", "fair_value": 20.17467, "distance_from_fair_value": 0.436455, "fair_value_direction": "Improving", "relative_strength": 18.651784, "relative_strength_direction": "Improving", "price_momentum": 0.196038, "excess_performance": 0.239242, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.141155, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.125247, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.436455, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.071467, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.186518, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.07425, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.196038, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.891893, "read": "Supply-led" } ], "volume": { "latest": 113681996, "relative_activity": 1.507954, "balance": 0.891893, "dry_up": 1.719384, "accumulation_observations": 4, "distribution_observations": 5 }, "risk": { "range_context": 0.250783, "annualized_volatility": 0.883949, "from_high_reference": -0.418773, "from_low_reference": 0.62262 }, "levels": { "trend_reference": 25.395333, "fair_value_reference": 20.17467, "structural_low": 18.139999, 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"typical_volume": 61141971.35, "trend": 24.856667, "fair_value": 20.005257, "relative_strength": 41.206012, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.263305, "energy": 58.60694, "activity_lines": [ 35.246667, 32.389455, 28.44281, 26.643226 ] }, { "date": "2026-07-24", "close": 29.09, "volume": 139037363, "typical_volume": 66762615.9, "trend": 25.108334, "fair_value": 20.076791, "relative_strength": 24.350887, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.688267, "energy": 43.573327, "activity_lines": [ 33.515334, 32.176364, 28.783572, 26.916344 ] }, { "date": "2026-07-31", "close": 23.799999, "volume": 102134380, "typical_volume": 70757132.95, "trend": 25.160667, "fair_value": 20.105878, "relative_strength": 0.903554, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 29.111942, "energy": 21.274708, "activity_lines": [ 30.072667, 30.940727, 28.585524, 26.831936 ] }, { "date": "2026-08-07", "close": 28.98, "volume": 113681996, "typical_volume": 75388256.95, "trend": 25.395333, "fair_value": 20.17467, "relative_strength": 18.651784, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 30.132562, "energy": 21.055651, "activity_lines": [ 29.028666, 30.698727, 28.868, 27.078344 ] } ], "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." } } }