{ "ticker": { "uuid": "0690fb95-d935-4df1-aa4f-b67259d735cf", "symbol": "MCK", "name": "McKesson Corporation", "exchange": "MEX", "country": "MX", "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": "^MXX", "stage": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 73.239, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Value reclamation", "architecture_gate": "mixed", "architecture_direction": 55.391, "architecture_energy": 64.029, "architecture_maturity": 9.467, "architecture_confidence": 86.614, "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": 28.2, "rotation_up": 77.01, "upward_expansion": 49.0, "deceleration": 33.87, "rotation_down": 14.0, "downward_expansion": 24.0 }, "activity_lines": [ 15213.717969, 14575.742614, 14215.821652, 14503.184091 ], "activity_state": "Moderate", "activity_direction": "Stable", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 15800.0, "trend_reference": 14802.953255, "distance_from_trend": 0.067355, "trend_direction": "Weakening", "fair_value": 11681.464481, "distance_from_fair_value": 0.35257, "fair_value_direction": "Improving", "relative_strength": 6.763793, "relative_strength_direction": "Improving", "price_momentum": 0.07862, "excess_performance": 0.133287, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.067355, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.022809, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.35257, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.089169, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.067638, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.189721, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.07862, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.485246, "read": "Supply-led" } ], "volume": { "latest": 0, "relative_activity": 0.0, "balance": 0.485246, "dry_up": 0.139628, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.023153, "annualized_volatility": 0.294558, "from_high_reference": -0.097086, "from_low_reference": 0.274142 }, "levels": { "trend_reference": 14802.953255, "fair_value_reference": 11681.464481, "structural_low": 12574.211914, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 7, "median_return": 0.014467, "positive_rate": 0.714286, "directional_follow_through": 0.714286, "median_excess_return": 0.00976, "regime_survival": 0.428571, "best_return": 0.151807, "worst_return": -0.026271, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": 0.032887, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.012535, "regime_survival": 0.0, "best_return": 0.088233, "worst_return": -0.06914, "sufficient": false }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.108769, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.076899, "regime_survival": 0.25, "best_return": 0.176779, "worst_return": -0.007317, "sufficient": false }, { 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"gate": "down", "direction": -12.589042, "energy": 35.313498, "activity_lines": [ 14172.2125, 13814.941761, 13949.621847, 14367.764764 ] }, { "date": "2026-07-31", "close": 15800.0, "volume": 18, "typical_volume": 75.75, "trend": 14771.451172, "fair_value": 11627.006695, "relative_strength": 6.975361, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 32.70257, "energy": 47.978773, "activity_lines": [ 14763.264583, 14216.713494, 14078.676744, 14436.826103 ] }, { "date": "2026-08-07", "close": 15800.0, "volume": 0, "typical_volume": 75.2, "trend": 14802.953255, "fair_value": 11681.464481, "relative_strength": 6.763793, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 55.391145, "energy": 64.028504, "activity_lines": [ 15213.717969, 14575.742614, 14215.821652, 14503.184091 ] } ], "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." } } }