{ "ticker": { "uuid": "9fb6d7c0-4035-46d8-8517-5e9f7048eee1", "symbol": "K2CG34", "name": "Kingsoft Cloud Holdings Limited", "exchange": "SAO", "country": "BR", "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": "^BVSP", "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": "Early contraction", "architecture_gate": "down", "architecture_direction": -43.802, "architecture_energy": 29.912, "architecture_maturity": 50.321, "architecture_confidence": 89.131, "architecture_tenure": "Developing", "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": 29.13, "rotation_up": 26.82, "upward_expansion": 16.52, "deceleration": 45.45, "rotation_down": 35.34, "downward_expansion": 66.52 }, "activity_lines": [ 9.278, 8.908364, 9.797667, 10.396817 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 10.33, "trend_reference": 10.958, "distance_from_trend": -0.05731, "trend_direction": "Weakening", "fair_value": 8.059103, "distance_from_fair_value": 0.28178, "fair_value_direction": "Weakening", "relative_strength": -12.33808, "relative_strength_direction": "Weakening", "price_momentum": -0.08422, "excess_performance": -0.027171, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.05731, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.043415, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.28178, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.422201, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.123381, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.046801, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.08422, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.79965, "read": "Supply-led" } ], "volume": { "latest": 15166, "relative_activity": 1.48359, "balance": 0.79965, "dry_up": 1.163414, "accumulation_observations": 2, "distribution_observations": 5 }, "risk": { "range_context": 0.130613, "annualized_volatility": 0.714401, "from_high_reference": -0.342038, "from_low_reference": 0.41701 }, "levels": { "trend_reference": 10.958, "fair_value_reference": 8.059103, "structural_low": 7.29, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 18, "median_return": -0.013155, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.012096, "regime_survival": 0.722222, "best_return": 0.497487, "worst_return": -0.278146, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.045817, "positive_rate": 0.625, "directional_follow_through": 0.375, "median_excess_return": 0.052183, "regime_survival": 0.375, "best_return": 2.021645, "worst_return": -0.383333, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.027077, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": -0.182836, "regime_survival": 0.4, "best_return": 2.120603, "worst_return": -0.392857, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, 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"direction": -68.950846, "energy": 72.716971, "activity_lines": [ 8.389333, 8.866909, 10.262286, 10.726581 ] }, { "date": "2026-07-24", "close": 8.16, "volume": 4597, "typical_volume": 10544.75, "trend": 10.963333, "fair_value": 7.996667, "relative_strength": -32.724621, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.119016, "energy": 55.385421, "activity_lines": [ 8.328667, 8.603818, 9.989524, 10.541828 ] }, { "date": "2026-07-31", "close": 9.33, "volume": 9450, "typical_volume": 10472.35, "trend": 10.944333, "fair_value": 8.022372, "relative_strength": -23.926545, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.901947, "energy": 40.174511, "activity_lines": [ 8.702667, 8.641091, 9.839762, 10.436452 ] }, { "date": "2026-08-07", "close": 10.33, "volume": 15166, "typical_volume": 10222.5, "trend": 10.958, "fair_value": 8.059103, "relative_strength": -12.33808, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.801663, "energy": 29.912267, "activity_lines": [ 9.278, 8.908364, 9.797667, 10.396817 ] } ], "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." } } }