{ "ticker": { "uuid": "543ac7de-ad8c-46b9-98a1-2a19b98aeccc", "symbol": "TLEVISACPO", "name": "Grupo Televisa, S.A.B.", "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": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -34.909, "architecture_energy": 17.899, "architecture_maturity": 43.87, "architecture_confidence": 57.896, "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": 52.69, "rotation_up": 24.43, "upward_expansion": 17.47, "deceleration": 41.25, "rotation_down": 30.54, "downward_expansion": 56.13 }, "activity_lines": [ 9.744, 9.698545, 9.769619, 9.949871 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 9.77, "trend_reference": 10.247333, "distance_from_trend": -0.046581, "trend_direction": "Weakening", "fair_value": 9.198169, "distance_from_fair_value": 0.062168, "fair_value_direction": "Improving", "relative_strength": -5.671596, "relative_strength_direction": "Improving", "price_momentum": -0.107763, "excess_performance": -0.053096, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.046581, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.024373, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.062168, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.044925, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.056716, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.032689, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.107763, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.326075, "read": "Demand-led" } ], "volume": { "latest": 11444251, "relative_activity": 1.007709, "balance": 1.326075, "dry_up": 0.975947, "accumulation_observations": 5, "distribution_observations": 2 }, "risk": { "range_context": 0.056846, "annualized_volatility": 0.324253, "from_high_reference": -0.197865, "from_low_reference": 0.145369 }, "levels": { "trend_reference": 10.247333, "fair_value_reference": 9.198169, "structural_low": 9.03, 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"close": 9.57, "volume": 9402412, "typical_volume": 13777550.2, "trend": 10.333, "fair_value": 9.308099, "relative_strength": -7.695061, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.446413, "energy": 35.589943, "activity_lines": [ 9.597333, 9.624, 9.83119, 10.053398 ] }, { "date": "2026-07-24", "close": 9.73, "volume": 11792261, "typical_volume": 13061138.75, "trend": 10.305, "fair_value": 9.268494, "relative_strength": -5.734425, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.030389, "energy": 30.653943, "activity_lines": [ 9.626, 9.639273, 9.804905, 10.014495 ] }, { "date": "2026-07-31", "close": 9.81, "volume": 11695206, "typical_volume": 12468234.8, "trend": 10.276667, "fair_value": 9.23183, "relative_strength": -5.371045, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.135574, "energy": 20.529634, "activity_lines": [ 9.702667, 9.672909, 9.787952, 9.982559 ] }, { "date": "2026-08-07", "close": 9.77, "volume": 11444251, "typical_volume": 11356700.0, "trend": 10.247333, "fair_value": 9.198169, "relative_strength": -5.671596, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.90861, "energy": 17.898619, "activity_lines": [ 9.744, 9.698545, 9.769619, 9.949871 ] } ], "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." } } }