{ "ticker": { "uuid": "e845597e-0673-4862-ae47-5786938f57d1", "symbol": "BZ", "name": "Kanzhun Ltd ADR", "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": 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": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Structural repair", "architecture_gate": "mixed", "architecture_direction": 38.467, "architecture_energy": 61.368, "architecture_maturity": 9.852, "architecture_confidence": 67.385, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 24.28, "rotation_up": 72.69, "upward_expansion": 53.85, "deceleration": 19.16, "rotation_down": 16.75, "downward_expansion": 28.85 }, "activity_lines": [ 15.820667, 14.949091, 14.400524, 14.429312 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 16.47, "trend_reference": 14.998, "distance_from_trend": 0.098146, "trend_direction": "Weakening", "fair_value": 16.770792, "distance_from_fair_value": -0.017935, "fair_value_direction": "Improving", "relative_strength": -20.576014, "relative_strength_direction": "Improving", "price_momentum": -0.080915, "excess_performance": -0.268369, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.098146, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.123402, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.017935, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.151705, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.20576, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.180071, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.080915, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.270495, "read": "Demand-led" } ], "volume": { "latest": 10657361, "relative_activity": 0.593494, "balance": 1.270495, "dry_up": 0.80399, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.070431, "annualized_volatility": 0.311201, "from_high_reference": -0.343488, "from_low_reference": 0.310263 }, "levels": { "trend_reference": 14.998, "fair_value_reference": 16.770792, "structural_low": 12.57, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 3, "median_return": -0.017778, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.011247, "regime_survival": 0.333333, "best_return": 0.041603, "worst_return": -0.052233, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 2, "median_return": -0.093814, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.259156, "regime_survival": 0.0, "best_return": 0.024672, "worst_return": -0.2123, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": -0.022002, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.285374, "regime_survival": 0.0, "best_return": 0.332575, "worst_return": -0.37658, "sufficient": false }, { "horizon": "Full 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"balance", "label": "Balance", "color": "blue", "start": "2025-01-24", "end": "2025-02-14", "tenure": "New", "return": 0.111186, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-21", "end": "2025-04-11", "tenure": "Developing", "return": -0.091875, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-18", "end": "2025-05-30", "tenure": "Developing", "return": 0.220144, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-06", "end": "2025-10-17", "tenure": "Established", "return": 0.196511, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-24", "end": "2025-12-26", "tenure": "Developing", "return": -0.049232, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-02", "end": "2026-01-09", "tenure": "New", 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-13.35219, "energy": 12.609405, "activity_lines": [ 13.924667, 13.801273, 13.767333, 14.274108 ] }, { "date": "2026-07-24", "close": 15.42, "volume": 13818460, "typical_volume": 19346269.0, "trend": 15.243667, "fair_value": 16.771821, "relative_strength": -22.652598, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 5.154501, "energy": 13.267147, "activity_lines": [ 14.487333, 14.099818, 13.922, 14.273376 ] }, { "date": "2026-07-31", "close": 16.28, "volume": 20055011, "typical_volume": 19157077.8, "trend": 15.089333, "fair_value": 16.765417, "relative_strength": -18.249882, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 37.296031, "energy": 38.518453, "activity_lines": [ 15.222, 14.530182, 14.157238, 14.340237 ] }, { "date": "2026-08-07", "close": 16.47, "volume": 10657361, "typical_volume": 17956996.65, "trend": 14.998, "fair_value": 16.770792, "relative_strength": -20.576014, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 38.467291, "energy": 61.368259, "activity_lines": [ 15.820667, 14.949091, 14.400524, 14.429312 ] } ], "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." } } }