{
  "ticker": {
    "uuid": "70aa01c2-5782-4a8b-89a8-9a5f0418ae27",
    "symbol": "AMTB",
    "name": "Amerant Bancorp Inc.",
    "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": 75.629,
    "architecture_energy": 88.837,
    "architecture_maturity": 34.758,
    "architecture_confidence": 83.906,
    "architecture_tenure": "Developing",
    "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": 0.0,
        "rotation_up": 84.2,
        "upward_expansion": 99.52,
        "deceleration": 39.2,
        "rotation_down": 8.61,
        "downward_expansion": 21.52
      },
      "activity_lines": [
        28.420667,
        27.085273,
        25.437902,
        24.50609
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 1.0
    },
    "latest_close": 28.91,
    "trend_reference": 23.418922,
    "distance_from_trend": 0.234472,
    "trend_direction": "Improving",
    "fair_value": 20.84406,
    "distance_from_fair_value": 0.386966,
    "fair_value_direction": "Improving",
    "relative_strength": 19.616762,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.255086,
    "excess_performance": 0.129461,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.234472,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.110341,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.386966,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.23467,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.196168,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.149006,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.255086,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.506675,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 1901730,
      "relative_activity": 1.262921,
      "balance": 2.506675,
      "dry_up": 1.553341,
      "accumulation_observations": 4,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.06079,
      "annualized_volatility": 0.254526,
      "from_high_reference": -0.055229,
      "from_low_reference": 0.875296
    },
    "levels": {
      "trend_reference": 23.418922,
      "fair_value_reference": 20.84406,
      "structural_low": 19.919607,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 19,
        "median_return": -0.007733,
        "positive_rate": 0.473684,
        "directional_follow_through": 0.473684,
        "median_excess_return": 0.021285,
        "regime_survival": 0.578947,
        "best_return": 0.176431,
        "worst_return": -0.230582,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 10,
        "median_return": -0.014185,
        "positive_rate": 0.4,
        "directional_follow_through": 0.4,
        "median_excess_return": -0.053741,
        "regime_survival": 0.5,
        "best_return": 0.241494,
        "worst_return": -0.345468,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
        "median_return": -0.071162,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.135395,
        "regime_survival": 0.166667,
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        "worst_return": -0.350222,
        "sufficient": true
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      {
        "horizon": "Full cycle",
        "sample_count": 4,
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        "worst_return": -0.261736,
        "sufficient": false
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        "regime": "deceleration",
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        "regime": "rotation_down",
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      {
        "regime": "downward_expansion",
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      {
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        "typical_volume": 1355649.25,
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      },
      {
        "date": "2026-07-24",
        "close": 28.5,
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        "typical_volume": 1412248.7,
        "trend": 22.793241,
        "fair_value": 20.715201,
        "relative_strength": 24.770967,
        "stage": 2,
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        "direction": 89.516435,
        "energy": 88.444993,
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      },
      {
        "date": "2026-07-31",
        "close": 29.6,
        "volume": 3093553,
        "typical_volume": 1480852.6,
        "trend": 23.128163,
        "fair_value": 20.781447,
        "relative_strength": 27.397809,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 89.454707,
        "energy": 92.565704,
        "activity_lines": [
          27.794,
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      },
      {
        "date": "2026-08-07",
        "close": 28.91,
        "volume": 1901730,
        "typical_volume": 1505818.25,
        "trend": 23.418922,
        "fair_value": 20.84406,
        "relative_strength": 19.616762,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.628984,
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        "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."
    }
  }
}