{ "ticker": { "uuid": "351fcef0-4e3f-40df-836a-4177573a75c0", "symbol": "BKF", "name": "iShares MSCI BIC ETF", "exchange": "MEX", "country": "MX", "assetType": "etf" }, "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": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "down", "architecture_direction": -52.594, "architecture_energy": 62.567, "architecture_maturity": 36.278, "architecture_confidence": 59.457, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 27.9, "rotation_up": 28.0, "upward_expansion": 22.5, "deceleration": 66.99, "rotation_down": 43.95, "downward_expansion": 65.5 }, "activity_lines": [ 696.400024, 696.257335, 702.111928, 714.618637 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.0 }, "latest_close": 696.400024, "trend_reference": 735.739937, "distance_from_trend": -0.05347, "trend_direction": "Weakening", "fair_value": 707.775583, "distance_from_fair_value": -0.016072, "fair_value_direction": "Weakening", "relative_strength": -11.491348, "relative_strength_direction": "Improving", "price_momentum": -0.103709, "excess_performance": -0.049042, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.05347, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.048356, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.016072, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.069621, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.114913, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.043476, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.103709, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.0, "read": "Supply-led" } ], "volume": { "latest": 0, "relative_activity": 0.0, "balance": 0.0, "dry_up": 0.0, "accumulation_observations": 0, "distribution_observations": 3 }, "risk": { "range_context": 0.004944, "annualized_volatility": 0.092812, "from_high_reference": -0.173406, "from_low_reference": 0.003771 }, "levels": { "trend_reference": 735.739937, "fair_value_reference": 707.775583, "structural_low": 693.784058, "invalidation": 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"fair_value": 707.041612, "relative_strength": -11.914957, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.730327, "energy": 62.895398, "activity_lines": [ 696.400024, 696.114646, 703.858203, 717.405298 ] }, { "date": "2026-08-07", "close": 696.400024, "volume": 0, "typical_volume": 160.8, "trend": 735.739937, "fair_value": 707.775583, "relative_strength": -11.491348, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -52.594012, "energy": 62.567307, "activity_lines": [ 696.400024, 696.257335, 702.111928, 714.618637 ] } ], "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." } } }