{
  "ticker": {
    "uuid": "68d6df4e-30da-4ed4-a709-0681e66b8fed",
    "symbol": "JPM",
    "name": "JPMorgan Chase & Co.",
    "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": 2,
    "stage_name": "Advancing",
    "phase": "2a",
    "phase_label": "Stage 2A \u00b7 Early advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 87.373,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 72.597,
    "architecture_energy": 87.392,
    "architecture_maturity": 17.784,
    "architecture_confidence": 75.801,
    "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": 8.34,
        "rotation_up": 83.81,
        "upward_expansion": 98.96,
        "deceleration": 39.56,
        "rotation_down": 8.85,
        "downward_expansion": 20.96
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      "activity_lines": [
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 1.0
    },
    "latest_close": 6135.0,
    "trend_reference": 5466.436365,
    "distance_from_trend": 0.122303,
    "trend_direction": "Improving",
    "fair_value": 4500.783935,
    "distance_from_fair_value": 0.363096,
    "fair_value_direction": "Improving",
    "relative_strength": 7.890306,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.107716,
    "excess_performance": 0.162383,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.122303,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.007635,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.363096,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.134834,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.078903,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.22059,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.107716,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.698679,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 2079,
      "relative_activity": 0.248778,
      "balance": 0.698679,
      "dry_up": 1.267194,
      "accumulation_observations": 3,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.029171,
      "annualized_volatility": 0.179783,
      "from_high_reference": -0.021063,
      "from_low_reference": 0.248321
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    "levels": {
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      "fair_value_reference": 4500.783935,
      "structural_low": 4914.599425,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 30,
        "median_return": 0.007847,
        "positive_rate": 0.633333,
        "directional_follow_through": 0.633333,
        "median_excess_return": 0.012312,
        "regime_survival": 0.733333,
        "best_return": 0.114059,
        "worst_return": -0.110475,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
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        "worst_return": -0.03523,
        "sufficient": true
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        "horizon": "Extended",
        "sample_count": 7,
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        "directional_follow_through": 0.571429,
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        "sufficient": true
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        "worst_return": -0.403019,
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        "date": "2026-04-10",
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      {
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        "date": "2026-05-01",
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      },
      {
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      },
      {
        "date": "2026-05-22",
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      },
      {
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      },
      {
        "date": "2026-06-12",
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      {
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      },
      {
        "date": "2026-06-26",
        "close": 5760.269182,
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        "trend": 5419.636973,
        "fair_value": 4367.892048,
        "relative_strength": 0.220777,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
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      },
      {
        "date": "2026-07-03",
        "close": 5818.326,
        "volume": 7,
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        "trend": 5422.209168,
        "fair_value": 4389.472573,
        "relative_strength": 1.668616,
        "stage": 3,
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      },
      {
        "date": "2026-07-10",
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        "volume": 16318,
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        "fair_value": 4411.157032,
        "relative_strength": 3.688579,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
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        "energy": 92.558546,
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      },
      {
        "date": "2026-07-17",
        "close": 6118.390137,
        "volume": 24004,
        "typical_volume": 7925.95,
        "trend": 5440.22699,
        "fair_value": 4433.638842,
        "relative_strength": 7.869009,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 91.854542,
        "energy": 96.225389,
        "activity_lines": [
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          5549.730511,
          5471.46687
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      },
      {
        "date": "2026-07-24",
        "close": 6150.0,
        "volume": 10016,
        "typical_volume": 8376.4,
        "trend": 5450.331206,
        "fair_value": 4456.342444,
        "relative_strength": 8.928507,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.595398,
        "energy": 93.972922,
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      },
      {
        "date": "2026-07-31",
        "close": 6111.910156,
        "volume": 6260,
        "typical_volume": 8352.65,
        "trend": 5460.213188,
        "fair_value": 4478.208428,
        "relative_strength": 7.47159,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.416492,
        "energy": 88.94356,
        "activity_lines": [
          6072.336479,
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          5680.142733,
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      },
      {
        "date": "2026-08-07",
        "close": 6135.0,
        "volume": 2079,
        "typical_volume": 8356.85,
        "trend": 5466.436365,
        "fair_value": 4500.783935,
        "relative_strength": 7.890306,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.596961,
        "energy": 87.391981,
        "activity_lines": [
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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."
    }
  }
}