{ "ticker": { "uuid": "e38f54dc-ef95-41e1-9180-54cacb9fa32c", "symbol": "2314", "name": "Lee & Man Paper Manufacturing Limited", "exchange": "HKG", "country": "HK", "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": "2026-09-04", "benchmark": "^HSI", "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": 59.429, "architecture_energy": 46.754, "architecture_maturity": 29.684, "architecture_confidence": 65.355, "architecture_tenure": "New", "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": 24.99, "rotation_up": 53.91, "upward_expansion": 77.94, "deceleration": 70.66, "rotation_down": 19.86, "downward_expansion": 6.94 }, "activity_lines": [ 3.884533, 3.849236, 3.567809, 3.483897 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 3.735, "trend_reference": 3.461739, "distance_from_trend": 0.078938, "trend_direction": "Improving", "fair_value": 2.501533, "distance_from_fair_value": 0.493084, "fair_value_direction": "Improving", "relative_strength": 15.782522, "relative_strength_direction": "Improving", "price_momentum": 0.038108, "excess_performance": 0.042239, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.078938, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.065836, "read": "Rising" }, { "label": "Price 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"stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 40.334207, "energy": 75.166582, "activity_lines": [ 4.036415, 3.774875, 3.487953, 3.441273 ] }, { "date": "2026-08-28", "close": 3.83, "volume": 18246000, "typical_volume": 18046149.25, "trend": 3.458141, "fair_value": 2.490806, "relative_strength": 19.66845, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 64.775285, "energy": 69.885538, "activity_lines": [ 3.973128, 3.827601, 3.533629, 3.466035 ] }, { "date": "2026-09-04", "close": 3.735, "volume": 22604000, "typical_volume": 18024199.25, "trend": 3.461739, "fair_value": 2.501533, "relative_strength": 15.782522, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.429377, "energy": 46.754395, "activity_lines": [ 3.884533, 3.849236, 3.567809, 3.483897 ] } ], "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." } } }