{
  "ticker": {
    "uuid": "792e1a72-f639-43f9-9765-7b25f08ed8c8",
    "symbol": "PLD",
    "name": "Prologis 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": "2c",
    "phase_label": "Stage 2C \u00b7 Late advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 61.558,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 43.782,
    "architecture_energy": 29.167,
    "architecture_maturity": 33.054,
    "architecture_confidence": 53.726,
    "architecture_tenure": "Established",
    "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": 44.22,
        "rotation_up": 46.08,
        "upward_expansion": 71.03,
        "deceleration": 62.37,
        "rotation_down": 20.36,
        "downward_expansion": 4.7
      },
      "activity_lines": [
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        141.033903
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      "activity_state": "Compressed",
      "activity_direction": "Stable",
      "rotation_direction": "Improving",
      "price_acceptance": 0.166667
    },
    "latest_close": 140.16,
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    "distance_from_trend": 0.012662,
    "trend_direction": "Improving",
    "fair_value": 115.783654,
    "distance_from_fair_value": 0.210534,
    "fair_value_direction": "Weakening",
    "relative_strength": -3.621707,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.039215,
    "excess_performance": -0.08641,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.012662,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.046392,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.210534,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.053587,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.036217,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.098701,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.039215,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.507637,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 42083852,
      "relative_activity": 2.157501,
      "balance": 0.507637,
      "dry_up": 1.45699,
      "accumulation_observations": 1,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.051688,
      "annualized_volatility": 0.209486,
      "from_high_reference": -0.086012,
      "from_low_reference": 0.399453
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    "levels": {
      "trend_reference": 138.407499,
      "fair_value_reference": 115.783654,
      "structural_low": 126.364663,
      "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": 26,
        "median_return": -0.004088,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
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        "sufficient": true
      },
      {
        "horizon": "Intermediate",
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        "worst_return": -0.27415,
        "sufficient": true
      },
      {
        "horizon": "Extended",
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        "sufficient": true
      },
      {
        "horizon": "Full cycle",
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        "regime": "deceleration",
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      },
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        "date": "2026-07-17",
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 18008298.8,
        "trend": 137.399389,
        "fair_value": 115.389058,
        "relative_strength": 6.746336,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
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        "activity_lines": [
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      },
      {
        "date": "2026-07-31",
        "close": 144.61,
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        "typical_volume": 18190394.15,
        "trend": 137.983355,
        "fair_value": 115.604316,
        "relative_strength": 3.128544,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 51.21309,
        "energy": 41.888004,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 140.16,
        "volume": 42083852,
        "typical_volume": 19505832.8,
        "trend": 138.407499,
        "fair_value": 115.783654,
        "relative_strength": -3.621707,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
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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."
    }
  }
}