{ "ticker": { "uuid": "a0b1eeb7-8ce9-4362-aadf-ffc0e6f4ac16", "symbol": "FRAGUAB", "name": "Corporativo Fragua, S.A.B. de C.V.", "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": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 84.48, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -27.853, "architecture_energy": 25.777, "architecture_maturity": 100.0, "architecture_confidence": 71.462, "architecture_tenure": "Established", "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": 39.29, "rotation_up": 38.46, "upward_expansion": 20.97, "deceleration": 44.16, "rotation_down": 24.2, "downward_expansion": 57.3 }, "activity_lines": [ 474.820662, 467.266906, 471.510426, 478.869282 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 470.0, "trend_reference": 489.596887, "distance_from_trend": -0.040027, "trend_direction": "Weakening", "fair_value": 580.544403, "distance_from_fair_value": -0.190415, "fair_value_direction": "Weakening", "relative_strength": -9.627343, "relative_strength_direction": "Improving", "price_momentum": -0.06764, "excess_performance": -0.012973, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.040027, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.041399, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.190415, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.025526, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.096273, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.078202, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.06764, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 39.055344, "read": "Demand-led" } ], "volume": { "latest": 3193, "relative_activity": 0.070621, "balance": 39.055344, "dry_up": 0.148751, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 0.037025, "annualized_volatility": 0.165035, "from_high_reference": -0.193508, "from_low_reference": 0.05618 }, "levels": { "trend_reference": 489.596887, "fair_value_reference": 580.544403, 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471.569805, 480.516819 ] }, { "date": "2026-07-31", "close": 488.959991, "volume": 8056, "typical_volume": 45260.55, "trend": 491.575234, "fair_value": 580.269975, "relative_strength": -6.483502, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.38781, "energy": 20.359139, "activity_lines": [ 473.583994, 466.358541, 472.416182, 480.261233 ] }, { "date": "2026-08-07", "close": 470.0, "volume": 3193, "typical_volume": 45213.1, "trend": 489.596887, "fair_value": 580.544403, "relative_strength": -9.627343, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.852601, "energy": 25.777263, "activity_lines": [ 474.820662, 467.266906, 471.510426, 478.869282 ] } ], "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." } } }