{ "ticker": { "uuid": "8feb350a-b949-4142-8661-99e4ef179cc6", "symbol": "AIN", "name": "L'Air Liquide S.A.", "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": 1, "stage_name": "Basing", "phase": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 89.001, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Value reclamation", "architecture_gate": "mixed", "architecture_direction": 41.512, "architecture_energy": 79.259, "architecture_maturity": 9.391, "architecture_confidence": 58.819, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 22.61, "rotation_up": 77.08, "upward_expansion": 69.67, "deceleration": 20.83, "rotation_down": 16.0, "downward_expansion": 28.0 }, "activity_lines": [ 3469.169922, 3448.642241, 3406.231642, 3412.215515 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 3469.169922, "trend_reference": 3409.863354, "distance_from_trend": 0.017393, "trend_direction": "Weakening", "fair_value": 3436.57164, "distance_from_fair_value": 0.009486, "fair_value_direction": "Improving", "relative_strength": -3.670411, "relative_strength_direction": "Improving", "price_momentum": 0.008369, "excess_performance": 0.063036, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.017393, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.002637, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.009486, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.054175, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.036704, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.162626, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.008369, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.829073, "read": "Demand-led" } ], "volume": { "latest": 0, "relative_activity": 0.0, "balance": 2.829073, "dry_up": 0.0, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.005452, "annualized_volatility": 0.158269, "from_high_reference": -0.098662, "from_low_reference": 0.09332 }, "levels": { "trend_reference": 3409.863354, "fair_value_reference": 3436.57164, "structural_low": 3173.059082, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 9, "median_return": 0.008531, "positive_rate": 0.777778, "directional_follow_through": 0.777778, "median_excess_return": 0.034628, "regime_survival": 0.333333, "best_return": 0.107464, "worst_return": -0.041364, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.054273, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.003418, "regime_survival": 0.0, "best_return": 0.110771, "worst_return": -0.098774, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.023022, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.018616, "regime_survival": 0.0, "best_return": 0.116052, "worst_return": -0.083031, "sufficient": true }, { 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45.995003, "activity_lines": [ 3420.907503, 3380.768501, 3382.208717, 3394.372949 ] }, { "date": "2026-07-17", "close": 3469.169922, "volume": 0, "typical_volume": 337.45, "trend": 3398.063306, "fair_value": 3425.891891, "relative_strength": -4.753845, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 52.324195, "energy": 69.682468, "activity_lines": [ 3441.745557, 3403.851403, 3387.166604, 3399.214237 ] }, { "date": "2026-07-24", "close": 3469.169922, "volume": 0, "typical_volume": 337.45, "trend": 3401.996655, "fair_value": 3429.451807, "relative_strength": -3.895069, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 48.987382, "energy": 77.342788, "activity_lines": [ 3456.415918, 3422.951989, 3392.94258, 3403.801761 ] }, { "date": "2026-07-31", "close": 3469.169922, "volume": 0, "typical_volume": 294.85, "trend": 3405.930005, "fair_value": 3433.011723, "relative_strength": -4.158638, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 44.83141, "energy": 76.771782, "activity_lines": [ 3464.918587, 3437.861883, 3399.536647, 3408.13552 ] }, { "date": "2026-08-07", "close": 3469.169922, "volume": 0, "typical_volume": 294.85, "trend": 3409.863354, "fair_value": 3436.57164, "relative_strength": -3.670411, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 41.512369, "energy": 79.259023, "activity_lines": [ 3469.169922, 3448.642241, 3406.231642, 3412.215515 ] } ], "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." } } }