{
  "ticker": {
    "uuid": "3a041c18-aa70-4542-abfd-91af68201b56",
    "symbol": "AWK",
    "name": "American Water Works Company, Inc.",
    "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": "4c",
    "phase_label": "Stage 4C \u00b7 Repair watch",
    "transition": "stage_4_to_1_watch",
    "transition_label": "Stage 4 \u2192 1 repair watch",
    "confidence": 65.411,
    "architecture_regime": "rotation_up",
    "architecture_regime_label": "Rotation Up",
    "architecture_modifier": "Emerging rotation",
    "architecture_gate": "mixed",
    "architecture_direction": 23.848,
    "architecture_energy": 46.818,
    "architecture_maturity": 12.234,
    "architecture_confidence": 56.406,
    "architecture_tenure": "Developing",
    "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": 50.57,
        "rotation_up": 60.72,
        "upward_expansion": 46.58,
        "deceleration": 30.42,
        "rotation_down": 14.36,
        "downward_expansion": 23.91
      },
      "activity_lines": [
        2291.6,
        2280.436364,
        2250.420373,
        2261.725386
      ],
      "activity_state": "Compressed",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.333333
    },
    "latest_close": 2290.0,
    "trend_reference": 2283.330631,
    "distance_from_trend": 0.002921,
    "trend_direction": "Weakening",
    "fair_value": 2372.010761,
    "distance_from_fair_value": -0.034574,
    "fair_value_direction": "Improving",
    "relative_strength": -6.792734,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.030162,
    "excess_performance": 0.024505,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.002921,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.034685,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.034574,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.029139,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.067927,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.111005,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.030162,
        "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": 0.005385,
      "accumulation_observations": 0,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.011333,
      "annualized_volatility": 0.144158,
      "from_high_reference": -0.132224,
      "from_low_reference": 0.080189
    },
    "levels": {
      "trend_reference": 2283.330631,
      "fair_value_reference": 2372.010761,
      "structural_low": 2120.0,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 7,
        "median_return": 0.0,
        "positive_rate": 0.285714,
        "directional_follow_through": 0.285714,
        "median_excess_return": 0.023912,
        "regime_survival": 0.571429,
        "best_return": 0.076191,
        "worst_return": -0.064672,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 3,
        "median_return": -0.113202,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.160341,
        "regime_survival": 0.0,
        "best_return": 0.076528,
        "worst_return": -0.141075,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": -0.107401,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.169699,
        "regime_survival": 0.0,
        "best_return": 0.076865,
        "worst_return": -0.205453,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": -0.085456,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.168197,
        "regime_survival": 0.0,
        "best_return": 0.077567,
        "worst_return": -0.248479,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-08-02",
        "end": "2025-01-10",
        "tenure": "Established",
        "return": 0.000626,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-01-17",
        "end": "2025-02-07",
        "tenure": "New",
        "return": 0.000313,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-02-14",
        "end": "2025-04-04",
        "tenure": "Developing",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-04-11",
        "end": "2025-05-16",
        "tenure": "Developing",
        "return": 0.000339,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-05-23",
        "end": "2025-07-11",
        "tenure": "Developing",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-07-18",
        "end": "2025-08-15",
        "tenure": "Developing",
        "return": 0.000339,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-08-22",
        "end": "2025-09-05",
        "tenure": "New",
        "return": 0.080555,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-09-12",
        "end": "2025-09-26",
        "tenure": "New",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-10-03",
        "end": "2025-10-31",
        "tenure": "Developing",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-11-07",
        "end": "2025-11-14",
        "tenure": "New",
        "return": 0.000313,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-11-21",
        "end": "2025-12-05",
        "tenure": "New",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-12-12",
        "end": "2026-01-16",
        "tenure": "Developing",
        "return": 0.009299,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-01-23",
        "end": "2026-06-26",
        "tenure": "Established",
        "return": -0.047102,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
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        "end": "2026-08-07",
        "tenure": "Developing",
        "return": -0.010372,
        "active": true
      }
    ],
    "chart_path": [
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        "date": "2023-08-18",
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        "date": "2026-07-03",
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      {
        "date": "2026-07-17",
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        "volume": 17,
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        "relative_strength": -7.557424,
        "stage": 4,
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        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 23.514496,
        "energy": 50.994629,
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      },
      {
        "date": "2026-07-24",
        "close": 2290.0,
        "volume": 0,
        "typical_volume": 808.8,
        "trend": 2288.80931,
        "fair_value": 2373.470702,
        "relative_strength": -6.818485,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 26.368295,
        "energy": 51.519807,
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          2295.333333,
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      },
      {
        "date": "2026-07-31",
        "close": 2290.0,
        "volume": 0,
        "typical_volume": 789.2,
        "trend": 2286.069971,
        "fair_value": 2372.742992,
        "relative_strength": -7.170694,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 26.128745,
        "energy": 62.108803,
        "activity_lines": [
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        ]
      },
      {
        "date": "2026-08-07",
        "close": 2290.0,
        "volume": 0,
        "typical_volume": 789.2,
        "trend": 2283.330631,
        "fair_value": 2372.010761,
        "relative_strength": -6.792734,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 23.847714,
        "energy": 46.817812,
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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."
    }
  }
}