{ "ticker": { "uuid": "32a3f178-e1dc-4f32-b1a2-f073558d059d", "symbol": "NEM", "name": "Newmont 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": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -25.607, "architecture_energy": 25.124, "architecture_maturity": 47.189, "architecture_confidence": 80.29, "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": 38.65, "rotation_up": 28.63, "upward_expansion": 18.34, "deceleration": 43.08, "rotation_down": 36.43, "downward_expansion": 68.34 }, "activity_lines": [ 1739.734001, 1717.974001, 1777.33446, 1832.419756 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 1932.0, "trend_reference": 1906.353512, "distance_from_trend": 0.013453, "trend_direction": "Weakening", "fair_value": 1142.779035, "distance_from_fair_value": 0.690616, "fair_value_direction": "Weakening", "relative_strength": 7.215753, "relative_strength_direction": "Weakening", "price_momentum": -0.023503, "excess_performance": 0.031164, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.013453, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.000461, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.690616, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.197758, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.072158, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.062356, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.023503, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.034635, "read": "Supply-led" } ], "volume": { "latest": 5000, "relative_activity": 0.148003, "balance": 0.034635, "dry_up": 2.063942, "accumulation_observations": 0, "distribution_observations": 2 }, "risk": { "range_context": 0.058654, "annualized_volatility": 0.490536, "from_high_reference": -0.159788, "from_low_reference": 0.537123 }, "levels": { "trend_reference": 1906.353512, "fair_value_reference": 1142.779035, 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74.270312, "activity_lines": [ 1703.33667, 1748.13744, 1834.656728, 1885.345018 ] }, { "date": "2026-07-17", "close": 1585.5, "volume": 265853, "typical_volume": 34179.45, "trend": 1916.969344, "fair_value": 1122.719938, "relative_strength": -10.668459, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.601748, "energy": 82.764741, "activity_lines": [ 1660.569336, 1709.435782, 1804.794129, 1863.424335 ] }, { "date": "2026-07-24", "close": 1680.0, "volume": 7970, "typical_volume": 34141.45, "trend": 1909.91425, "fair_value": 1128.833567, "relative_strength": -5.264727, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.021053, "energy": 74.711009, "activity_lines": [ 1656.935335, 1695.392856, 1787.110871, 1848.13599 ] }, { "date": "2026-07-31", "close": 1640.25, "volume": 82, "typical_volume": 33852.1, "trend": 1905.937374, "fair_value": 1134.775411, "relative_strength": -8.531742, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.220496, "energy": 73.923009, "activity_lines": [ 1647.051335, 1678.038002, 1767.545323, 1830.738296 ] }, { "date": "2026-08-07", "close": 1932.0, "volume": 5000, "typical_volume": 33783.05, "trend": 1906.353512, "fair_value": 1142.779035, "relative_strength": 7.215753, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -25.607115, "energy": 25.124289, "activity_lines": [ 1739.734001, 1717.974001, 1777.33446, 1832.419756 ] } ], "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." } } }