{"schema_version":"1.0","name":"1347 Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"bafb3f76-434d-4417-92dd-3492c4002e78","symbol":"1347","name":"Hua Hong Semiconductor Limited","exchange":"HKG","country":"HK","asset_type":"equity","currency":"HKD","sector":"Technology","industry":"Semiconductors"},"summary":"Market Dynamics weakened this week and remains below zero. Underlying support has contracted across the recent completed path. 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record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.3,"sample":18},{"week":2,"averageReturn":-1.2,"sample":18},{"week":3,"averageReturn":-0.2,"sample":18},{"week":4,"averageReturn":-2.6,"sample":18},{"week":5,"averageReturn":-2.2,"sample":17},{"week":6,"averageReturn":-2.4,"sample":17},{"week":7,"averageReturn":-0.8,"sample":17},{"week":8,"averageReturn":1.0,"sample":17},{"week":9,"averageReturn":-0.1,"sample":17},{"week":10,"averageReturn":1.5,"sample":17},{"week":11,"averageReturn":5.1,"sample":17},{"week":12,"averageReturn":5.5,"sample":17},{"week":13,"averageReturn":8.8,"sample":17},{"week":14,"averageReturn":8.0,"sample":17},{"week":15,"averageReturn":9.0,"sample":17},{"week":16,"averageReturn":13.0,"sample":17},{"week":17,"averageReturn":12.0,"sample":17},{"week":18,"averageReturn":16.5,"sample":17},{"week":19,"averageReturn":18.8,"sample":17},{"week":20,"averageReturn":22.3,"sample":17},{"week":21,"averageReturn":26.0,"sample":17},{"week":22,"averageReturn":23.6,"sample":17},{"week":23,"averageReturn":26.4,"sample":17},{"week":24,"averageReturn":28.5,"sample":17},{"week":25,"averageReturn":26.1,"sample":17},{"week":26,"averageReturn":28.8,"sample":17}]}},"pricePressureGap":{"label":"Price elevated relative to Market Dynamics","kind":"structuralDivergence","expectedDirection":"lower","episodes":1,"completedEpisodes":0,"activeEpisodes":1,"horizons":[{"weeks":4,"sample":1,"expectedCount":1,"expectedPercent":100.0,"averageReturn":-20.9,"medianReturn":-20.9,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-6.1,"sample":1},{"week":2,"averageReturn":-2.1,"sample":1},{"week":3,"averageReturn":-26.8,"sample":1},{"week":4,"averageReturn":-20.9,"sample":1},{"week":5,"averageReturn":-32.3,"sample":1},{"week":6,"averageReturn":-25.5,"sample":1},{"week":7,"averageReturn":-31.3,"sample":1},{"week":8,"sample":0},{"week":9,"sample":0},{"week":10,"sample":0},{"week":11,"sample":0},{"week":12,"sample":0},{"week":13,"sample":0},{"week":14,"sample":0},{"week":15,"sample":0},{"week":16,"sample":0},{"week":17,"sample":0},{"week":18,"sample":0},{"week":19,"sample":0},{"week":20,"sample":0},{"week":21,"sample":0},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"currentApplication":{"status":"Underlying support lags price","tone":"caution","headline":"Price is leading its underlying support","use":"Market Dynamics must catch up or price may correct toward the weaker underlying position.","confirm":"This is a downside risk watch, not a completed reversal. Stronger Market Dynamics or weaker price is needed to close the gap.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"negative","direction":"weakening","zone":"middle","zoneContext":"Price has advanced further through its recent range than Market Dynamics. The gap is an early-downside risk watch; stronger underlying support or a price reset is needed to close it.","historical":{"label":"Broad directional cases","weeks":12,"direction":"lower","percent":56.2,"averageReturn":8.5,"sample":16},"nowContext":{"label":"Easier this week","detail":"Market Dynamics weakened this week and remains below zero."},"fourWeekContext":{"label":"Weakened over four weeks","detail":"Underlying support has contracted across the recent completed path."},"priceContext":{"label":"Price is ahead of the underlying support","detail":"Price is extended relative to Market Dynamics. The gap is a downside-risk warning until support catches up or price resets."}},"strategyApproach":{"headline":"Strategy observations from this ticker's own record","summary":"The current reading identifies the setup. The observations below show how this ticker's completed history can guide positioning, confirmation and risk control without treating any one reading as a forecast.","observations":[{"eyebrow":"Divergence control","title":"Do not chase price while the underlying evidence lags","tone":"caution","approach":"Use the gap to review position size, protect gains and wait for either Market Dynamics to catch up or price to correct. The disagreement is a warning condition, not an automatic exit.","finding":"In this ticker's completed record, 56.2% of comparable cases moved lower after 12 weeks, with an average move of 8.5% across 16 cases.","watch":"Reassess the reading when either price structure or the Market Dynamics state changes materially."},{"eyebrow":"Zone positioning","title":"Use accumulation to prepare the long case, then wait for confirmation","tone":"positive","finding":"After accumulation, 0.0% of completed 12-week outcomes were higher across 3 cases. Distinct visits lasted 32.3 weeks on average before leaving the zone.","approach":"Build the thesis and entry conditions while price is in accumulation. Increase exposure only when price responds; location alone is not the entry.","watch":"A failed price response or renewed weakness removes the reason to increase long exposure."},{"eyebrow":"Disagreement playbook","title":"Use unsupported price strength to tighten discipline","tone":"caution","finding":"Comparable disagreements produced an average pullback of 16.1% across 16 completed cases, with the largest move arriving after 7.9 weeks on average.","approach":"Avoid adding simply because price is rising. Let improving Market Dynamics confirm the move, or let price reset before reassessing it.","watch":"The warning ends when Market Dynamics catches up or price gives way."}]},"summary":"This record compares the ticker's completed price path with its published Market Dynamics history."},"events":{"positioning_recoveries":[{"date":"2025-02-21","price":40.299999},{"date":"2025-03-07","price":38.0},{"date":"2025-07-25","price":42.599998}],"distribution_rollovers":[{"date":"2026-07-17","price":138.699997}],"price_pressure_gaps":[{"date":"2026-06-26","price":189.5}]}},"smTape":{"available":true,"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"],"close":[16.98,17.0,16.14,15.36,16.3,19.02,28.0,23.6,23.7,23.1,20.85,22.9,20.95,20.35,20.55,20.55,20.4,21.45,22.3,19.98,20.85,24.4,24.15,22.75,26.45,25.65,40.3,34.3,38.0,37.4,34.4,32.5,30.8,34.45,36.15,34.35,36.35,32.45,29.9,30.8,31.6,31.7,29.7,32.75,34.95,35.65,35.4,35.7,42.6,39.45,44.0,51.3,56.0,53.8,47.58,50.9,60.3,68.25,87.5,81.75,75.8,82.4,79.75,79.45,77.25,73.25,74.5,76.05,71.9,67.75,71.45,81.3,91.25,106.8,109.8,116.5,99.25,98.75,94.15,96.75,88.0,88.0,88.4,82.8,79.35,92.0,90.5,108.1,114.1,130.8,115.9,130.1,161.3,145.3,139.2,168.1,189.5,178.0,185.5,138.7,149.8,128.3,141.2,130.2],"consensus":[-46.6369,-30.0094,-48.8244,-46.613,0.0,47.6744,78.3081,-8.9339,36.2979,10.1399,-37.8232,32.2146,-36.8752,-25.8186,0.0,-10.6534,-13.6989,20.0233,28.0398,-35.7121,9.2296,58.5445,18.7946,0.0,62.7938,0.0,78.904,0.0,67.6691,32.7188,-14.2705,-9.7152,-20.0859,36.8574,33.0258,0.0,39.852,-27.6408,-42.5328,-10.0018,-8.7142,0.0,-30.1866,28.7212,36.4029,25.2019,18.901,21.9435,71.6527,0.0,65.3996,76.427,75.9812,15.9021,-13.7467,38.7311,69.4077,71.8266,83.3892,13.0933,0.0,63.7949,0.0,22.7034,11.5008,-17.9834,10.202,14.4893,-18.3633,-24.1063,9.3254,43.9014,59.6425,74.2969,53.717,55.8146,-8.9826,0.0,-21.6128,0.0,-35.8298,-11.1832,-13.5004,-37.112,-35.0091,30.1807,0.0,64.0144,51.7333,67.0897,-9.3813,61.1185,70.1561,9.6624,12.6635,71.6495,53.7052,18.5563,27.6445,-51.0654,0.0,-53.4153,0.0,-34.4741],"supportDates":["2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"],"control":[75.103,8.3453,-21.0039,44.3532,71.3402,69.4793,89.3148,1.6189,0.0,65.4306,0.0,29.8028,10.6781,-16.0272,17.6446,24.4789,-16.6257,-22.5075,20.6563,50.972,60.7166,82.2471,57.4818,55.0977,-21.2795,0.0,-21.7214,0.0,-33.7199,-1.8701,-10.1629,-33.8838,-34.6852,34.6574,0.0,60.0024,47.7052,61.7556,-20.4805,54.5382,65.4347,3.948,1.9938,68.4505,54.2713,4.5795,11.7886,-45.422,0.0,-45.4774,0.0,-35.4924],"force":[88.0972,40.4989,-72.2271,40.6309,86.4697,82.274,85.387,43.0696,0.0,63.2778,0.0,1.4667,11.6753,-42.3492,9.1575,8.8628,-31.3256,-25.0061,17.897,49.794,68.4004,78.5996,34.0637,43.547,-55.0958,0.0,-38.1012,0.0,-49.3267,-3.6112,-9.0731,-37.5877,-25.122,51.5531,0.0,91.4424,55.1636,83.2806,-71.2472,80.116,83.1658,29.1782,15.8857,88.6617,35.7057,20.1846,4.9646,-95.1964,0.0,-83.0092,0.0,-44.2126],"direction":[68.3307,64.8249,-36.319,30.9488,55.012,67.0467,75.19,70.0238,0.0,62.2948,0.0,29.7589,28.9953,-2.815,2.4423,7.0914,-11.0903,-25.2907,9.7467,31.6117,52.1594,62.1376,63.4523,65.3965,-38.009,0.0,-9.7113,0.0,-28.6003,-27.2355,-20.4771,-40.4617,-42.4414,9.7984,0.0,49.0082,53.8865,61.621,-47.4935,55.0692,66.2595,52.9606,49.8071,63.1539,65.9149,62.2019,61.9656,-25.9929,0.0,-41.3486,0.0,-26.3543],"intensity":[86.5385,86.5385,90.3846,75.0,98.0769,98.0769,100.0,96.1538,86.5385,84.6154,88.4615,76.9231,32.6923,59.6154,80.7692,78.8462,57.6923,90.3846,46.1538,94.2308,92.3077,98.0769,76.9231,92.3077,98.0769,84.6154,51.9231,53.8462,78.8462,46.1538,51.9231,57.6923,55.7692,92.3077,23.0769,98.0769,86.5385,100.0,90.3846,88.4615,100.0,94.2308,38.4615,98.0769,98.0769,71.1538,94.2308,100.0,88.4615,88.4615,71.1538,55.7692],"confirmation":[92.6966,34.7914,36.4853,80.3662,90.701,91.3387,94.6551,12.236,12.3515,88.3737,6.9677,51.843,28.1439,51.8604,48.4527,49.6462,74.2978,75.7658,27.8187,82.1203,87.3362,91.785,84.5331,85.4977,34.8677,3.4557,75.417,24.9347,79.909,26.1565,72.2361,79.9395,78.9065,78.241,1.4915,89.3817,84.7206,90.0434,37.5169,88.2372,90.9184,9.1826,7.2199,91.4951,84.6285,9.2764,53.73,85.7719,28.5046,86.1158,30.8226,79.313],"persistence":[87.5,87.5,62.5,62.5,62.5,75.0,75.0,75.0,62.5,62.5,75.0,75.0,75.0,50.0,50.0,50.0,37.5,12.5,25.0,25.0,25.0,50.0,50.0,50.0,50.0,62.5,37.5,25.0,0.0,25.0,50.0,75.0,75.0,62.5,50.0,37.5,12.5,12.5,12.5,37.5,62.5,62.5,75.0,75.0,75.0,75.0,100.0,75.0,62.5,37.5,25.0,0.0],"assessmentRisk":[11.9922,42.0333,43.1859,24.6002,3.2345,13.9002,8.3051,43.4421,45.0936,16.1829,39.14,26.7955,4.2065,33.4578,36.1217,30.1309,22.7829,21.2689,26.3272,18.4108,20.1223,12.8513,23.1412,22.092,42.5702,38.1793,37.2464,49.0103,25.5386,37.3441,23.4949,27.9697,22.0812,7.2366,15.7185,17.7143,24.1035,16.448,54.258,18.3518,14.874,35.3167,40.7057,13.5798,20.8984,39.2425,35.9233,18.6359,51.082,22.2441,51.4917,1.5779],"volumeParticipation":true,"latest":{"consensus":-34.5,"control":-35.5,"force":-44.2,"direction":-26.4,"confirmation":79.3,"persistence":0.0,"assessmentRisk":1.6,"intensity":55.8,"evidenceDepth":100},"analysis":{"status":"Market Dynamics has stronger support","headline":"The gauges support the downward view","summary":"The completed evidence gives the downward view the clearer support.","take":"Current assessment: downward pressure has the stronger support.","tone":"negative","supportedView":"Market Dynamics","direction":"downward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Seller control supports the view","controlPath":"Broadly stable","forceState":"Downward commitment","forcePath":"Commitment is easing","directionState":"Downward follow-through","persistenceState":"Unsettled","confirmationState":"Strong support","riskState":"Contained","intensityState":"Normal"},"cards":[{"label":"SM Consensus Gauge","value":"-34.5","detail":"Market Dynamics has stronger support","tone":"negative"},{"label":"SM Control Gauge","value":"-35.5","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-44.2","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-26.4","detail":"Downward follow-through","tone":"negative"},{"label":"SM Confirmation Gauge","value":"79/100","detail":"Strong support","tone":"positive"}]},"kpis":[{"label":"Price structure","value":"Rotational","detail":"completed-week alignment","tone":"caution"},{"label":"Momentum","value":"50.4","detail":"Positive","tone":"positive"},{"label":"Risk pressure","value":"19.2%","detail":"Elevated","tone":"caution"},{"label":"Trend quality","value":"38.2","detail":"Directional","tone":"positive"},{"label":"Range position","value":"37%","detail":"location inside observed range","tone":"neutral"},{"label":"Adaptive set","value":"6 views","detail":"selected for the current tape","tone":"neutral"}],"charts":[{"key":"price","eyebrow":"Price architecture","title":"Trend, acceptance and volatility envelope","description":"Price is shown against fast and slow trend references with its current volatility 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