{
  "ticker": {
    "uuid": "de899487-9887-49dc-9461-53dcb994e6c0",
    "symbol": "MAA",
    "name": "Mid-America Apartment Communities Inc",
    "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": 1,
    "stage_name": "Basing",
    "phase": "1b",
    "phase_label": "Stage 1B \u00b7 Basing",
    "transition": "stage_1_building",
    "transition_label": "Base still building",
    "confidence": 67.7,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 34.834,
    "architecture_energy": 17.825,
    "architecture_maturity": 37.441,
    "architecture_confidence": 73.912,
    "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": 52.76,
        "rotation_up": 28.67,
        "upward_expansion": 56.22,
        "deceleration": 85.53,
        "rotation_down": 26.13,
        "downward_expansion": 17.55
      },
      "activity_lines": [
        133.694508,
        134.708421,
        133.219627,
        131.70367
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.333333
    },
    "latest_close": 134.96,
    "trend_reference": 130.834928,
    "distance_from_trend": 0.031529,
    "trend_direction": "Improving",
    "fair_value": 133.308534,
    "distance_from_fair_value": 0.012388,
    "fair_value_direction": "Improving",
    "relative_strength": -8.755881,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.034002,
    "excess_performance": -0.091623,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.031529,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.011217,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.012388,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.041828,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.087559,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.059902,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.034002,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.787167,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 4825517,
      "relative_activity": 0.985668,
      "balance": 0.787167,
      "dry_up": 1.189603,
      "accumulation_observations": 3,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.047565,
      "annualized_volatility": 0.217542,
      "from_high_reference": -0.054587,
      "from_low_reference": 0.135683
    },
    "levels": {
      "trend_reference": 130.834928,
      "fair_value_reference": 133.308534,
      "structural_low": 118.835961,
      "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": 20,
        "median_return": -0.010187,
        "positive_rate": 0.45,
        "directional_follow_through": 0.45,
        "median_excess_return": -0.014902,
        "regime_survival": 0.75,
        "best_return": 0.106683,
        "worst_return": -0.079827,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 7,
        "median_return": 0.034504,
        "positive_rate": 0.857143,
        "directional_follow_through": 0.857143,
        "median_excess_return": 0.045116,
        "regime_survival": 0.285714,
        "best_return": 0.121282,
        "worst_return": -0.090189,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": -0.026647,
        "positive_rate": 0.4,
        "directional_follow_through": 0.4,
        "median_excess_return": -0.011009,
        "regime_survival": 0.4,
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        "worst_return": -0.207217,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
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        "best_return": 0.233012,
        "worst_return": -0.194172,
        "sufficient": false
      }
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        "label": "Deceleration",
        "color": "amber",
        "start": "2024-10-18",
        "end": "2024-11-22",
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        "regime": "balance",
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        "active": false
      },
      {
        "regime": "deceleration",
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        "end": "2025-01-31",
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        "active": false
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      {
        "regime": "rotation_down",
        "label": "Rotation Down",
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        "active": false
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      {
        "regime": "downward_expansion",
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      },
      {
        "date": "2026-04-17",
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        "date": "2026-06-05",
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      },
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        "date": "2026-06-19",
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      },
      {
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      },
      {
        "date": "2026-07-03",
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      },
      {
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        "stage": 1,
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        "modifier": "Early expansion",
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        "direction": 56.566995,
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 4691747.55,
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        "stage": 1,
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        "modifier": "Early expansion",
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        "energy": 35.075769,
        "activity_lines": [
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      },
      {
        "date": "2026-07-24",
        "close": 133.88,
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        "typical_volume": 4746778.35,
        "trend": 130.879866,
        "fair_value": 133.244405,
        "relative_strength": -6.068828,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 39.996082,
        "energy": 24.486078,
        "activity_lines": [
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      },
      {
        "date": "2026-07-31",
        "close": 132.34,
        "volume": 7942182,
        "typical_volume": 4926660.8,
        "trend": 130.761146,
        "fair_value": 133.265394,
        "relative_strength": -7.763323,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 33.897893,
        "energy": 19.405585,
        "activity_lines": [
          133.603547,
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      },
      {
        "date": "2026-08-07",
        "close": 134.96,
        "volume": 4825517,
        "typical_volume": 4895681.65,
        "trend": 130.834928,
        "fair_value": 133.308534,
        "relative_strength": -8.755881,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 34.834483,
        "energy": 17.825497,
        "activity_lines": [
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      }
    ],
    "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."
    }
  }
}