{
  "ticker": {
    "uuid": "ece3fa58-1d53-4d21-9dcd-a2c75d2510df",
    "symbol": "AMT",
    "name": "American Tower Corporation",
    "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": "4a",
    "phase_label": "Stage 4A \u00b7 Breakdown",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 71.275,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -56.914,
    "architecture_energy": 38.803,
    "architecture_maturity": 38.329,
    "architecture_confidence": 72.151,
    "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": 32.1,
        "rotation_up": 19.97,
        "upward_expansion": 9.34,
        "deceleration": 60.48,
        "rotation_down": 53.01,
        "downward_expansion": 73.68
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      "activity_lines": [
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      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.666667
    },
    "latest_close": 2954.22998,
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    "distance_from_trend": -0.047166,
    "trend_direction": "Weakening",
    "fair_value": 3580.563554,
    "distance_from_fair_value": -0.174926,
    "fair_value_direction": "Weakening",
    "relative_strength": -11.225405,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.007297,
    "excess_performance": 0.061964,
    "evidence": [
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        "label": "Price vs Trend",
        "positive": false,
        "value": -0.047166,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.022336,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.174926,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.034173,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.112254,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.101386,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.007297,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 4.590802,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 3376,
      "relative_activity": 1.441349,
      "balance": 4.590802,
      "dry_up": 2.222436,
      "accumulation_observations": 3,
      "distribution_observations": 1
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      "range_context": 0.039973,
      "annualized_volatility": 0.260095,
      "from_high_reference": -0.249369,
      "from_low_reference": 0.055082
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    "levels": {
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      "fair_value_reference": 3580.563554,
      "structural_low": 2800.0,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
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        "modifier": "Balance after decline",
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      },
      {
        "date": "2026-04-03",
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      {
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      },
      {
        "date": "2026-04-17",
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        "date": "2026-04-24",
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      },
      {
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      },
      {
        "date": "2026-05-08",
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        "fair_value": 3596.187004,
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      },
      {
        "date": "2026-05-15",
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      },
      {
        "date": "2026-05-22",
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        "typical_volume": 2763.75,
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        "relative_strength": -15.914731,
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      },
      {
        "date": "2026-05-29",
        "close": 3238.763184,
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        "typical_volume": 2893.6,
        "trend": 3171.297616,
        "fair_value": 3594.20167,
        "relative_strength": -13.949707,
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        "energy": 10.034515,
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      },
      {
        "date": "2026-06-05",
        "close": 3338.856584,
        "volume": 704,
        "typical_volume": 2788.6,
        "trend": 3171.523442,
        "fair_value": 3594.557412,
        "relative_strength": -7.38271,
        "stage": 1,
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        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 40.645824,
        "energy": 40.271572,
        "activity_lines": [
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      },
      {
        "date": "2026-06-12",
        "close": 3180.969971,
        "volume": 414,
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        "trend": 3165.58241,
        "fair_value": 3594.286239,
        "relative_strength": -13.390647,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 19.962925,
        "energy": 33.63813,
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      },
      {
        "date": "2026-06-19",
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        "volume": 0,
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      },
      {
        "date": "2026-06-26",
        "close": 2970.0,
        "volume": 0,
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        "fair_value": 3591.660871,
        "relative_strength": -16.500044,
        "stage": 4,
        "regime": "rotation_down",
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        "energy": 23.322808,
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      },
      {
        "date": "2026-07-03",
        "close": 2911.129883,
        "volume": 0,
        "typical_volume": 1879.6,
        "trend": 3135.828292,
        "fair_value": 3588.722509,
        "relative_strength": -17.073626,
        "stage": 4,
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        "energy": 65.367318,
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      },
      {
        "date": "2026-07-10",
        "close": 2883.0,
        "volume": 609,
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        "trend": 3122.585283,
        "fair_value": 3586.158641,
        "relative_strength": -16.285211,
        "stage": 4,
        "regime": "downward_expansion",
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        "direction": -79.67697,
        "energy": 84.089087,
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      },
      {
        "date": "2026-07-17",
        "close": 2883.0,
        "volume": 0,
        "typical_volume": 1909.75,
        "trend": 3114.414206,
        "fair_value": 3584.870206,
        "relative_strength": -15.532593,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.36915,
        "energy": 87.79286,
        "activity_lines": [
          2913.500651,
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          3055.92053,
          3086.237594
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      },
      {
        "date": "2026-07-24",
        "close": 2959.949951,
        "volume": 6298,
        "typical_volume": 1816.85,
        "trend": 3110.228854,
        "fair_value": 3583.469017,
        "relative_strength": -11.93562,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.880119,
        "energy": 79.995765,
        "activity_lines": [
          2918.200635,
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          3043.480546,
          3076.272158
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      },
      {
        "date": "2026-07-31",
        "close": 3005.22998,
        "volume": 11148,
        "typical_volume": 2175.85,
        "trend": 3107.496204,
        "fair_value": 3582.007533,
        "relative_strength": -10.506071,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.892228,
        "energy": 55.863217,
        "activity_lines": [
          2946.138639,
          2982.572643,
          3037.302925,
          3069.498037
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      },
      {
        "date": "2026-08-07",
        "close": 2954.22998,
        "volume": 3376,
        "typical_volume": 2342.25,
        "trend": 3100.46506,
        "fair_value": 3580.563554,
        "relative_strength": -11.225405,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.913882,
        "energy": 38.803448,
        "activity_lines": [
          2954.727978,
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          3027.459408,
          3059.609894
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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."
    }
  }
}