{ "ticker": { "uuid": "fedc80c6-9016-4388-8177-33b05ddd47c8", "symbol": "NCI", "name": "Neo-Concept International Group Holdings Limited Ordinary 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": 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": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -35.547, "architecture_energy": 45.469, "architecture_maturity": 59.853, "architecture_confidence": 73.932, "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": 32.22, "rotation_up": 25.99, "upward_expansion": 33.0, "deceleration": 41.83, "rotation_down": 32.96, "downward_expansion": 55.0 }, "activity_lines": [ 11.95, 11.780364, 10.940794, 15.241193 ], "activity_state": "Wide", "activity_direction": "Stable", "rotation_direction": "Improving", "price_acceptance": 0.0 }, "latest_close": 11.7, "trend_reference": 19.06236, "distance_from_trend": -0.386225, "trend_direction": "Improving", "fair_value": 20.030364, "distance_from_fair_value": -0.415887, "fair_value_direction": "Improving", "relative_strength": -38.526518, "relative_strength_direction": "Improving", "price_momentum": 0.271739, "excess_performance": 0.084285, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.386225, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.029563, "read": "Rising" }, { "label": "Price vs 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"modifier": "Early contraction", "gate": "down", "direction": -46.248144, "energy": 67.548997, "activity_lines": [ 11.6, 10.997818, 12.991714, 17.026985 ] }, { "date": "2026-07-17", "close": 12.06, "volume": 1365179, "typical_volume": 9587479.9, "trend": 18.836693, "fair_value": 20.237894, "relative_strength": -35.552892, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.980768, "energy": 69.592974, "activity_lines": [ 11.821333, 11.295273, 12.140663, 16.592145 ] }, { "date": "2026-07-24", "close": 11.72, "volume": 1832789, "typical_volume": 9335609.8, "trend": 18.902027, "fair_value": 20.165709, "relative_strength": -35.786664, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.947595, "energy": 67.382781, "activity_lines": [ 11.847333, 11.474545, 11.40704, 16.133003 ] }, { "date": "2026-07-31", "close": 12.39, "volume": 2459468, "typical_volume": 9241484.1, "trend": 19.011027, "fair_value": 20.100367, "relative_strength": -31.962183, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.906666, "energy": 46.687134, "activity_lines": [ 12.049333, 11.716727, 11.083703, 15.712872 ] }, { "date": "2026-08-07", "close": 11.7, "volume": 3566978, "typical_volume": 9240599.8, "trend": 19.06236, "fair_value": 20.030364, "relative_strength": -38.526518, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.547286, "energy": 45.468795, "activity_lines": [ 11.95, 11.780364, 10.940794, 15.241193 ] } ], "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." } } }