{
  "ticker": {
    "uuid": "26d996f0-934e-412e-9147-c6d1d6579110",
    "symbol": "MSFT",
    "name": "Microsoft 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": 1,
    "stage_name": "Basing",
    "phase": "1c",
    "phase_label": "Stage 1C \u00b7 Breakout watch",
    "transition": "stage_1_to_2_watch",
    "transition_label": "Stage 1 \u2192 2 watch",
    "confidence": 49.783,
    "architecture_regime": "rotation_up",
    "architecture_regime_label": "Rotation Up",
    "architecture_modifier": "Value reclamation",
    "architecture_gate": "mixed",
    "architecture_direction": 54.735,
    "architecture_energy": 64.18,
    "architecture_maturity": 20.233,
    "architecture_confidence": 75.567,
    "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": 30.8,
        "rotation_up": 67.72,
        "upward_expansion": 54.53,
        "deceleration": 30.92,
        "rotation_down": 21.55,
        "downward_expansion": 24.53
      },
      "activity_lines": [
        7721.878027,
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        7202.168506,
        7137.38006
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.0
    },
    "latest_close": 8588.089844,
    "trend_reference": 7139.387386,
    "distance_from_trend": 0.202917,
    "trend_direction": "Weakening",
    "fair_value": 7773.175343,
    "distance_from_fair_value": 0.104837,
    "fair_value_direction": "Improving",
    "relative_strength": 4.188324,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.241608,
    "excess_performance": 0.296274,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.202917,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.074011,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.104837,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.173518,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.041883,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.295826,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.241608,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.107534,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 84691,
      "relative_activity": 1.555769,
      "balance": 2.107534,
      "dry_up": 1.458863,
      "accumulation_observations": 5,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.060601,
      "annualized_volatility": 0.414134,
      "from_high_reference": -0.157503,
      "from_low_reference": 0.411762
    },
    "levels": {
      "trend_reference": 7139.387386,
      "fair_value_reference": 7773.175343,
      "structural_low": 6083.240121,
      "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": 0.04115,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.040995,
        "regime_survival": 0.333333,
        "best_return": 0.053293,
        "worst_return": -0.146604,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 2,
        "median_return": -0.053382,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.092409,
        "regime_survival": 0.0,
        "best_return": 0.084266,
        "worst_return": -0.19103,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 2,
        "median_return": -0.089062,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.173692,
        "regime_survival": 0.0,
        "best_return": 0.002555,
        "worst_return": -0.180679,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": -0.113094,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.246848,
        "regime_survival": 0.0,
        "best_return": -0.060766,
        "worst_return": -0.165421,
        "sufficient": false
      }
    ],
    "ledger": [
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        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-01-17",
        "end": "2025-01-24",
        "tenure": "New",
        "return": 0.003598,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-01-31",
        "end": "2025-02-07",
        "tenure": "New",
        "return": -0.022155,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-02-14",
        "end": "2025-02-28",
        "tenure": "New",
        "return": -0.024903,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-03-07",
        "end": "2025-03-21",
        "tenure": "New",
        "return": -0.009127,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-03-28",
        "end": "2025-05-16",
        "tenure": "Developing",
        "return": 0.14023,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
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        "end": "2025-07-04",
        "tenure": "Developing",
        "return": 0.081829,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-07-11",
        "end": "2025-09-05",
        "tenure": "Developing",
        "return": -0.013705,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-09-12",
        "end": "2025-10-31",
        "tenure": "Developing",
        "return": 0.022111,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "tenure": "New",
        "return": -0.050408,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
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        "return": -0.026842,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-12-19",
        "end": "2026-05-15",
        "tenure": "Established",
        "return": -0.163985,
        "active": false
      },
      {
        "regime": "balance",
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      {
        "regime": "downward_expansion",
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      {
        "regime": "rotation_up",
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        "active": true
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    ],
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      {
        "date": "2026-07-17",
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      },
      {
        "date": "2026-07-24",
        "close": 6693.680176,
        "volume": 25523,
        "typical_volume": 44657.65,
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        "relative_strength": -19.279041,
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        "energy": 30.795393,
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      },
      {
        "date": "2026-07-31",
        "close": 8058.470215,
        "volume": 151424,
        "typical_volume": 51190.4,
        "trend": 7140.273942,
        "fair_value": 7753.174467,
        "relative_strength": -2.822827,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 30.393979,
        "energy": 21.730925,
        "activity_lines": [
          7212.835417,
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      },
      {
        "date": "2026-08-07",
        "close": 8588.089844,
        "volume": 84691,
        "typical_volume": 54436.75,
        "trend": 7139.387386,
        "fair_value": 7773.175343,
        "relative_strength": 4.188324,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 54.734662,
        "energy": 64.180482,
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      }
    ],
    "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."
    }
  }
}