{ "ticker": { "uuid": "b57bef97-f0d2-4717-a984-d3f44424c92d", "symbol": "ATAT", "name": "Atour Lifestyle Holdings Limited American Depositary Shares", "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": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 74.181, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -27.855, "architecture_energy": 15.493, "architecture_maturity": 49.634, "architecture_confidence": 83.489, "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": 38.31, "rotation_up": 29.44, "upward_expansion": 20.19, "deceleration": 42.56, "rotation_down": 31.36, "downward_expansion": 61.19 }, "activity_lines": [ 33.759333, 33.220182, 33.882069, 34.519995 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 35.31, "trend_reference": 35.309372, "distance_from_trend": 1.8e-05, "trend_direction": "Weakening", "fair_value": 26.761211, "distance_from_fair_value": 0.319447, "fair_value_direction": "Weakening", "relative_strength": -15.732952, "relative_strength_direction": "Weakening", "price_momentum": -0.035988, "excess_performance": -0.223441, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 1.8e-05, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.05704, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.319447, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.15685, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.15733, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.021154, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.035988, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.257361, "read": "Demand-led" } ], "volume": { "latest": 3020162, "relative_activity": 0.599857, "balance": 1.257361, "dry_up": 0.77543, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.070269, "annualized_volatility": 0.294044, "from_high_reference": -0.168855, "from_low_reference": 0.14736 }, "levels": { "trend_reference": 35.309372, "fair_value_reference": 26.761211, "structural_low": 30.775, 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"stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.821378, "energy": 55.454726, "activity_lines": [ 32.448667, 33.092354, 34.408203, 35.120424 ] }, { "date": "2026-07-17", "close": 32.23, "volume": 4092644, "typical_volume": 5475549.75, "trend": 35.900438, "fair_value": 26.484591, "relative_strength": -20.95728, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.199348, "energy": 52.412049, "activity_lines": [ 32.28, 32.782863, 34.127316, 34.86447 ] }, { "date": "2026-07-24", "close": 31.95, "volume": 4088847, "typical_volume": 5414746.55, "trend": 35.596229, "fair_value": 26.56633, "relative_strength": -19.978439, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.30556, "energy": 49.962969, "activity_lines": [ 32.124667, 32.517997, 33.850313, 34.609603 ] }, { "date": "2026-07-31", "close": 34.33, "volume": 4414890, "typical_volume": 5378956.8, "trend": 35.432694, "fair_value": 26.66033, "relative_strength": -14.225302, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.622102, "energy": 29.249379, "activity_lines": [ 32.852, 32.789345, 33.818692, 34.527911 ] }, { "date": "2026-08-07", "close": 35.31, "volume": 3020162, "typical_volume": 5034800.1, "trend": 35.309372, "fair_value": 26.761211, "relative_strength": -15.732952, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.855468, "energy": 15.493464, "activity_lines": [ 33.759333, 33.220182, 33.882069, 34.519995 ] } ], "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." } } }