{ "ticker": { "uuid": "c1a9de43-bfbb-4da2-8ed0-64e1c7206d5f", "symbol": "688981", "name": "Semiconductor Manufacturing International Corporation", "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": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 31.378, "architecture_energy": 19.43, "architecture_maturity": 68.058, "architecture_confidence": 93.555, "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": 44.84, "rotation_up": 26.24, "upward_expansion": 56.48, "deceleration": 88.25, "rotation_down": 32.3, "downward_expansion": 20.15 }, "activity_lines": [ 134.162, 138.252363, 133.634143, 127.719806 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 128.5, "trend_reference": 122.704, "distance_from_trend": 0.047236, "trend_direction": "Improving", "fair_value": 84.072372, "distance_from_fair_value": 0.528445, "fair_value_direction": "Weakening", "relative_strength": 7.451411, "relative_strength_direction": "Improving", "price_momentum": 0.04497, "excess_performance": 0.088174, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.047236, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.057623, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.528445, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.030816, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.074514, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.048551, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.04497, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.072208, "read": "Demand-led" } ], "volume": { "latest": 308280148, "relative_activity": 0.964805, "balance": 2.072208, "dry_up": 1.219753, "accumulation_observations": 5, "distribution_observations": 3 }, "risk": { "range_context": 0.158857, "annualized_volatility": 0.556877, "from_high_reference": -0.271294, "from_low_reference": 0.490373 }, "levels": { "trend_reference": 122.704, "fair_value_reference": 84.072372, "structural_low": 91.199997, 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"gate": "up", "direction": 61.120922, "energy": 50.836155, "activity_lines": [ 147.375335, 141.98891, 131.14081, 125.796946 ] }, { "date": "2026-07-24", "close": 143.729996, "volume": 410452146, "typical_volume": 303675059.15, "trend": 122.452, "fair_value": 83.085, "relative_strength": 25.275659, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.400926, "energy": 42.720443, "activity_lines": [ 146.440667, 143.117818, 133.227143, 127.234452 ] }, { "date": "2026-07-31", "close": 123.989998, "volume": 345127551, "typical_volume": 312819848.85, "trend": 122.515, "fair_value": 83.562756, "relative_strength": 7.126265, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 36.341887, "energy": 25.220335, "activity_lines": [ 138.724, 140.208363, 133.25619, 127.333677 ] }, { "date": "2026-08-07", "close": 128.5, "volume": 308280148, "typical_volume": 319526008.1, "trend": 122.704, "fair_value": 84.072372, "relative_strength": 7.451411, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 31.378262, "energy": 19.429505, "activity_lines": [ 134.162, 138.252363, 133.634143, 127.719806 ] } ], "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." } } }