{
  "ticker": {
    "uuid": "8debbbfa-b555-4b9c-9bde-0ccbfbf2ea87",
    "symbol": "BWMX",
    "name": "Betterware de M\u00e9xico, S.A.P.I. de C.V.",
    "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": 3,
    "stage_name": "Distribution",
    "phase": "3a",
    "phase_label": "Stage 3A \u00b7 Churning",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 56.696,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Upper balance after advance",
    "architecture_gate": "mixed",
    "architecture_direction": -10.577,
    "architecture_energy": 14.531,
    "architecture_maturity": 10.747,
    "architecture_confidence": 58.124,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "Directional pressure has compressed into balance.",
        "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base."
      },
      "scores": {
        "balance": 52.88,
        "rotation_up": 21.87,
        "upward_expansion": 18.26,
        "deceleration": 59.74,
        "rotation_down": 50.54,
        "downward_expansion": 38.59
      },
      "activity_lines": [
        16.875338,
        17.238782,
        17.267696,
        17.202743
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.166667
    },
    "latest_close": 16.72,
    "trend_reference": 17.154357,
    "distance_from_trend": -0.025321,
    "trend_direction": "Improving",
    "fair_value": 12.651628,
    "distance_from_fair_value": 0.321569,
    "fair_value_direction": "Weakening",
    "relative_strength": -3.376168,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.035167,
    "excess_performance": -0.160792,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.025321,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.074521,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.321569,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.045316,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.033762,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.1403,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.035167,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.058522,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 473136,
      "relative_activity": 1.201078,
      "balance": 2.058522,
      "dry_up": 1.22863,
      "accumulation_observations": 3,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.080581,
      "annualized_volatility": 0.317157,
      "from_high_reference": -0.13323,
      "from_low_reference": 0.434361
    },
    "levels": {
      "trend_reference": 17.154357,
      "fair_value_reference": 12.651628,
      "structural_low": 15.005339,
      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 5,
        "median_return": 0.077586,
        "positive_rate": 0.6,
        "directional_follow_through": 0.6,
        "median_excess_return": 0.021102,
        "regime_survival": 0.4,
        "best_return": 0.30433,
        "worst_return": -0.095035,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 1,
        "median_return": 0.331819,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.215352,
        "regime_survival": 0.0,
        "best_return": 0.331819,
        "worst_return": 0.331819,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 1,
        "median_return": 0.22913,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.060385,
        "regime_survival": 0.0,
        "best_return": 0.22913,
        "worst_return": 0.22913,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
        "median_return": -0.057871,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.396532,
        "regime_survival": 0.0,
        "best_return": -0.057871,
        "worst_return": -0.057871,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-03-29",
        "end": "2024-04-26",
        "tenure": "Developing",
        "return": -0.14014,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-05-03",
        "end": "2024-06-28",
        "tenure": "Developing",
        "return": -0.125493,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-07-05",
        "end": "2024-07-26",
        "tenure": "New",
        "return": 0.050787,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-08-02",
        "end": "2024-08-09",
        "tenure": "New",
        "return": -0.019068,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-08-16",
        "end": "2025-07-25",
        "tenure": "Extended",
        "return": -0.189535,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-08-01",
        "end": "2025-08-22",
        "tenure": "New",
        "return": 0.04532,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-08-29",
        "end": "2025-10-03",
        "tenure": "Developing",
        "return": -0.031414,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-10-10",
        "end": "2025-10-31",
        "tenure": "New",
        "return": 0.148295,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-11-07",
        "end": "2026-03-13",
        "tenure": "Established",
        "return": 0.192046,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-03-20",
        "end": "2026-04-17",
        "tenure": "Developing",
        "return": 0.126575,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-04-24",
        "end": "2026-05-08",
        "tenure": "New",
        "return": -0.020444,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-05-15",
        "end": "2026-06-12",
        "tenure": "Developing",
        "return": 0.124065,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "end": "2026-07-24",
        "tenure": "Developing",
        "return": -0.08106,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-07-31",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.00364,
        "active": true
      }
    ],
    "chart_path": [
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        "date": "2023-08-18",
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      },
      {
        "date": "2026-04-17",
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        "fair_value": 11.899764,
        "relative_strength": 31.446324,
        "stage": 2,
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        "modifier": "Recompressing",
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      {
        "date": "2026-04-24",
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      {
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      },
      {
        "date": "2026-05-08",
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      },
      {
        "date": "2026-05-15",
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        "modifier": "Upper balance after advance",
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      },
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        "date": "2026-05-22",
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      },
      {
        "date": "2026-05-29",
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      },
      {
        "date": "2026-06-05",
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        "date": "2026-06-12",
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      },
      {
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      },
      {
        "date": "2026-06-26",
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      },
      {
        "date": "2026-07-03",
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      },
      {
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        "fair_value": 12.491383,
        "relative_strength": 7.69879,
        "stage": 2,
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        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 51.430079,
        "energy": 28.53046,
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      },
      {
        "date": "2026-07-17",
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        "volume": 325400,
        "typical_volume": 396151.3,
        "trend": 16.965215,
        "fair_value": 12.542958,
        "relative_strength": 8.926588,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 51.924791,
        "energy": 27.639355,
        "activity_lines": [
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          17.44539,
          17.292822
        ]
      },
      {
        "date": "2026-07-24",
        "close": 16.375508,
        "volume": 361858,
        "typical_volume": 375526.15,
        "trend": 17.069712,
        "fair_value": 12.583012,
        "relative_strength": -0.574463,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 16.277797,
        "energy": 8.704808,
        "activity_lines": [
          17.355404,
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          17.364874,
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        ]
      },
      {
        "date": "2026-07-31",
        "close": 16.659363,
        "volume": 775564,
        "typical_volume": 391893.25,
        "trend": 17.116167,
        "fair_value": 12.618962,
        "relative_strength": -0.173005,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -0.909187,
        "energy": 6.957214,
        "activity_lines": [
          17.065244,
          17.392756,
          17.313868,
          17.228302
        ]
      },
      {
        "date": "2026-08-07",
        "close": 16.72,
        "volume": 473136,
        "typical_volume": 393926.1,
        "trend": 17.154357,
        "fair_value": 12.651628,
        "relative_strength": -3.376168,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -10.577136,
        "energy": 14.531054,
        "activity_lines": [
          16.875338,
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          17.267696,
          17.202743
        ]
      }
    ],
    "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."
    }
  }
}