{ "ticker": { "uuid": "94abbd8b-7313-4bc8-8d92-1918f6f14adc", "symbol": "AIA", "name": "Auckland International Airport Limited", "exchange": "NZE", "country": "NZ", "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": "^NZ50", "stage": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 84.634, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 61.054, "architecture_energy": 37.51, "architecture_maturity": 17.398, "architecture_confidence": 80.564, "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": 20.57, "rotation_up": 55.26, "upward_expansion": 77.44, "deceleration": 60.48, "rotation_down": 17.49, "downward_expansion": 4.11 }, "activity_lines": [ 8.682, 8.621818, 8.491286, 8.445606 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 8.76, "trend_reference": 8.406443, "distance_from_trend": 0.042058, "trend_direction": "Improving", "fair_value": 7.852867, "distance_from_fair_value": 0.115516, "fair_value_direction": "Improving", "relative_strength": 3.291449, "relative_strength_direction": "Weakening", "price_momentum": 0.051009, "excess_performance": 0.022736, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.042058, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.02006, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.115516, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.048259, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.032914, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.013481, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.051009, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.757939, "read": "Demand-led" } ], "volume": { "latest": 10657964, "relative_activity": 1.305723, "balance": 2.757939, "dry_up": 1.058742, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.035827, "annualized_volatility": 0.176006, "from_high_reference": -0.038292, "from_low_reference": 0.191228 }, "levels": { "trend_reference": 8.406443, "fair_value_reference": 7.852867, "structural_low": 7.83, "invalidation": 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1.885432, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.991256, "energy": 56.640494, "activity_lines": [ 8.604667, 8.525273, 8.417166, 8.401025 ] }, { "date": "2026-07-31", "close": 8.71, "volume": 6042689, "typical_volume": 8490527.2, "trend": 8.396901, "fair_value": 7.847914, "relative_strength": 3.796378, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.503526, "energy": 54.268847, "activity_lines": [ 8.644667, 8.574364, 8.452714, 8.422181 ] }, { "date": "2026-08-07", "close": 8.76, "volume": 10657964, "typical_volume": 8162501.55, "trend": 8.406443, "fair_value": 7.852867, "relative_strength": 3.291449, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.053543, "energy": 37.510097, "activity_lines": [ 8.682, 8.621818, 8.491286, 8.445606 ] } ], "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." } } }