{ "ticker": { "uuid": "83577412-b504-4473-822c-51368867b517", "symbol": "PAAS", "name": "Pan American Silver Corp.", "exchange": "TOR", "country": "CA", "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": "^GSPTSE", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 81.637, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -51.012, "architecture_energy": 38.008, "architecture_maturity": 24.794, "architecture_confidence": 88.07, "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": 23.51, "rotation_up": 24.57, "upward_expansion": 7.38, "deceleration": 52.16, "rotation_down": 47.74, "downward_expansion": 76.04 }, "activity_lines": [ 64.258666, 64.379272, 67.930876, 70.434304 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 71.449997, "trend_reference": 73.683355, "distance_from_trend": -0.03031, "trend_direction": "Improving", "fair_value": 40.366431, "distance_from_fair_value": 0.770035, "fair_value_direction": "Weakening", "relative_strength": -3.280514, "relative_strength_direction": "Weakening", "price_momentum": -0.047614, "excess_performance": -0.168035, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.03031, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.007188, "read": "Rising" 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"activity_lines": [ 65.315333, 67.961971, 71.302348, 73.326877 ] }, { "date": "2026-07-17", "close": 58.540001, "volume": 3286400, "typical_volume": 3906405.0, "trend": 74.475672, "fair_value": 39.504781, "relative_strength": -17.404052, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.05946, "energy": 74.661609, "activity_lines": [ 62.785333, 65.7306, 69.837205, 72.272581 ] }, { "date": "2026-07-24", "close": 62.09, "volume": 4972100, "typical_volume": 3808295.0, "trend": 74.113533, "fair_value": 39.775896, "relative_strength": -12.924265, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.529577, "energy": 63.895693, "activity_lines": [ 62.029333, 64.547091, 68.87443, 71.473506 ] }, { "date": "2026-07-31", "close": 60.360001, "volume": 4340400, "typical_volume": 3796475.0, "trend": 73.804083, "fair_value": 40.037494, "relative_strength": -15.291388, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.189013, "energy": 66.511267, "activity_lines": [ 61.158667, 63.326727, 67.835427, 70.586181 ] }, { "date": "2026-08-07", "close": 71.449997, "volume": 4599300, "typical_volume": 3682080.0, "trend": 73.683355, "fair_value": 40.366431, "relative_strength": -3.280514, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.012009, "energy": 38.007903, "activity_lines": [ 64.258666, 64.379272, 67.930876, 70.434304 ] } ], "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." } } }