{ "ticker": { "uuid": "d4a85cb1-1ecb-41f0-9f57-bc379695fbd2", "symbol": "T", "name": "AT&T Inc.", "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": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -36.423, "architecture_energy": 29.88, "architecture_maturity": 79.113, "architecture_confidence": 74.085, "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": 37.61, "rotation_up": 31.78, "upward_expansion": 22.4, "deceleration": 46.99, "rotation_down": 23.47, "downward_expansion": 58.73 }, "activity_lines": [ 402.764667, 392.358074, 404.4809, 422.854891 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 406.230011, "trend_reference": 439.837555, "distance_from_trend": -0.076409, "trend_direction": "Weakening", "fair_value": 411.814536, "distance_from_fair_value": -0.013561, "fair_value_direction": "Weakening", "relative_strength": -13.738417, "relative_strength_direction": "Improving", "price_momentum": -0.112699, "excess_performance": -0.058032, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.076409, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.046183, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.013561, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.095411, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.137384, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.071973, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.112699, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.100804, "read": "Demand-led" } ], "volume": { "latest": 86807, "relative_activity": 4.66821, "balance": 1.100804, "dry_up": 2.790362, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.055327, "annualized_volatility": 0.386161, "from_high_reference": -0.268046, "from_low_reference": 0.169111 }, "levels": { "trend_reference": 439.837555, "fair_value_reference": 411.814536, 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"energy": 77.60502, "activity_lines": [ 373.469623, 383.692366, 411.514549, 429.049545 ] }, { "date": "2026-07-24", "close": 421.0, "volume": 21998, "typical_volume": 11295.35, "trend": 442.081137, "fair_value": 409.713528, "relative_strength": -11.295156, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.95436, "energy": 49.452416, "activity_lines": [ 389.153204, 388.39233, 409.795456, 427.648856 ] }, { "date": "2026-07-31", "close": 402.329987, "volume": 97144, "typical_volume": 16060.65, "trend": 440.785314, "fair_value": 410.764951, "relative_strength": -15.191145, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.281463, "energy": 31.701919, "activity_lines": [ 395.741271, 389.687382, 406.732524, 425.084266 ] }, { "date": "2026-08-07", "close": 406.230011, "volume": 86807, "typical_volume": 18595.35, "trend": 439.837555, "fair_value": 411.814536, "relative_strength": -13.738417, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.42297, "energy": 29.879555, "activity_lines": [ 402.764667, 392.358074, 404.4809, 422.854891 ] } ], "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." } } }