{ "ticker": { "uuid": "fcce24ba-9abd-4624-ab17-2db1bbfcbabd", "symbol": "688709", "name": "Chengdu Sino-Microelectronics Tech. Co., Ltd.", "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": 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": "Established contraction", "architecture_gate": "down", "architecture_direction": -64.98, "architecture_energy": 86.435, "architecture_maturity": 44.0, "architecture_confidence": 82.542, "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": 18.02, "rotation_up": 8.48, "upward_expansion": 21.92, "deceleration": 37.02, "rotation_down": 74.2, "downward_expansion": 92.92 }, "activity_lines": [ 25.930896, 29.182415, 32.917478, 35.962941 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 27.120001, "trend_reference": 40.156725, "distance_from_trend": -0.324646, "trend_direction": "Weakening", "fair_value": 31.874106, "distance_from_fair_value": -0.149153, "fair_value_direction": "Weakening", "relative_strength": -34.058527, "relative_strength_direction": "Weakening", "price_momentum": -0.463714, "excess_performance": -0.42051, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.324646, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.076956, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.149153, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.387818, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.340585, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.216914, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.463714, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.737401, "read": "Demand-led" } ], "volume": { "latest": 30457646, "relative_activity": 0.979271, "balance": 1.737401, "dry_up": 1.380991, "accumulation_observations": 5, "distribution_observations": 3 }, "risk": { "range_context": 0.166433, "annualized_volatility": 0.708973, "from_high_reference": -0.543357, "from_low_reference": 0.245179 }, "levels": { "trend_reference": 40.156725, "fair_value_reference": 31.874106, "structural_low": 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contraction", "gate": "down", "direction": -85.711453, "energy": 64.755616, "activity_lines": [ 32.125287, 33.842147, 36.615312, 39.128824 ] }, { "date": "2026-07-24", "close": 23.299999, "volume": 36993512, "typical_volume": 30701391.0, "trend": 41.528725, "fair_value": 31.966533, "relative_strength": -42.004731, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.567523, "energy": 84.940641, "activity_lines": [ 28.622893, 31.673205, 35.103828, 37.918067 ] }, { "date": "2026-07-31", "close": 24.889999, "volume": 53553665, "typical_volume": 31141388.25, "trend": 40.785725, "fair_value": 31.911247, "relative_strength": -38.024917, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.507712, "energy": 88.660858, "activity_lines": [ 26.536741, 30.090628, 33.8542, 36.844601 ] }, { "date": "2026-08-07", "close": 27.120001, "volume": 30457646, "typical_volume": 31102367.65, "trend": 40.156725, "fair_value": 31.874106, "relative_strength": -34.058527, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.979665, "energy": 86.434801, "activity_lines": [ 25.930896, 29.182415, 32.917478, 35.962941 ] } ], "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." } } }