{ "ticker": { "uuid": "5b95b3d8-4d85-41f7-9c58-a0f76adda64d", "symbol": "TEO", "name": "Telecom Argentina SA ADR", "exchange": "NYSE", "country": "US", "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": "SPY", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 53.263, "architecture_energy": 31.488, "architecture_maturity": 12.713, "architecture_confidence": 85.499, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 32.91, "rotation_up": 48.9, "upward_expansion": 76.64, "deceleration": 56.47, "rotation_down": 20.38, "downward_expansion": 3.31 }, "activity_lines": [ 13.73, 13.561455, 13.236476, 12.83929 ], "activity_state": "Moderate", "activity_direction": "Stable", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 13.83, "trend_reference": 12.43, "distance_from_trend": 0.112631, "trend_direction": "Improving", "fair_value": 9.486007, "distance_from_fair_value": 0.457937, "fair_value_direction": "Improving", "relative_strength": 8.942543, "relative_strength_direction": "Improving", "price_momentum": 0.15154, "excess_performance": 0.025915, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.112631, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.046605, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.457937, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.120835, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.089425, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.075945, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.15154, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.997476, "read": "Supply-led" } ], "volume": { "latest": 1094704, "relative_activity": 0.538869, "balance": 0.997476, "dry_up": 0.532524, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.110556, "annualized_volatility": 0.49034, "from_high_reference": -0.153606, "from_low_reference": 1.159947 }, "levels": { "trend_reference": 12.43, "fair_value_reference": 9.486007, "structural_low": 10.45, "invalidation": "A sustained 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12.126667, "fair_value": 9.28472, "relative_strength": 10.981936, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.291849, "energy": 21.657161, "activity_lines": [ 13.28, 13.363273, 12.782476, 12.471548 ] }, { "date": "2026-07-17", "close": 13.12, "volume": 950197, "typical_volume": 2041667.65, "trend": 12.186667, "fair_value": 9.331753, "relative_strength": 8.742708, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.920394, "energy": 18.501532, "activity_lines": [ 13.124, 13.359818, 12.859619, 12.535634 ] }, { "date": "2026-07-24", "close": 13.67, "volume": 1241634, "typical_volume": 2046261.05, "trend": 12.262333, "fair_value": 9.379176, "relative_strength": 13.477635, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.209144, "energy": 20.233615, "activity_lines": [ 13.294, 13.432727, 12.982286, 12.631333 ] }, { "date": "2026-07-31", "close": 14.0, "volume": 1040723, "typical_volume": 2032892.9, "trend": 12.344333, "fair_value": 9.432353, "relative_strength": 14.414239, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.928236, "energy": 31.836568, "activity_lines": [ 13.579333, 13.532, 13.123619, 12.743441 ] }, { "date": "2026-08-07", "close": 13.83, "volume": 1094704, "typical_volume": 2031483.1, "trend": 12.43, "fair_value": 9.486007, "relative_strength": 8.942543, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.263262, "energy": 31.488237, "activity_lines": [ 13.73, 13.561455, 13.236476, 12.83929 ] } ], "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." } } }