{
  "ticker": {
    "uuid": "ee23eb12-3549-4219-9411-9152abb63f99",
    "symbol": "PANW",
    "name": "Palo Alto Networks, 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": 2,
    "stage_name": "Advancing",
    "phase": "2c",
    "phase_label": "Stage 2C \u00b7 Late advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 79.67,
    "architecture_energy": 70.768,
    "architecture_maturity": 78.959,
    "architecture_confidence": 86.542,
    "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": 8.4,
        "rotation_up": 62.71,
        "upward_expansion": 85.33,
        "deceleration": 68.66,
        "rotation_down": 25.39,
        "downward_expansion": 12.0
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      "activity_lines": [
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      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.666667
    },
    "latest_close": 6250.0,
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    "distance_from_trend": 0.574163,
    "trend_direction": "Improving",
    "fair_value": 3334.046506,
    "distance_from_fair_value": 0.874599,
    "fair_value_direction": "Improving",
    "relative_strength": 59.846901,
    "relative_strength_direction": "Improving",
    "price_momentum": 1.289377,
    "excess_performance": 1.344044,
    "evidence": [
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        "label": "Price vs Trend",
        "positive": true,
        "value": 0.574163,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.211014,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.874599,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.725636,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.598469,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.675175,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 1.289377,
        "read": "Positive"
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      {
        "label": "Volume balance",
        "positive": true,
        "value": 6.922649,
        "read": "Demand-led"
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    ],
    "volume": {
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      "balance": 6.922649,
      "dry_up": 0.417419,
      "accumulation_observations": 3,
      "distribution_observations": 1
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    "risk": {
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      "annualized_volatility": 0.55999,
      "from_high_reference": -0.038312,
      "from_low_reference": 1.599725
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    "levels": {
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      "structural_low": 2404.100098,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
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      {
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      },
      {
        "date": "2026-07-17",
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      },
      {
        "date": "2026-07-24",
        "close": 5711.0,
        "volume": 787,
        "typical_volume": 6013.75,
        "trend": 3789.130656,
        "fair_value": 3281.070513,
        "relative_strength": 50.663925,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.415728,
        "energy": 68.473913,
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      },
      {
        "date": "2026-07-31",
        "close": 5747.0,
        "volume": 3514,
        "typical_volume": 5738.1,
        "trend": 3874.697323,
        "fair_value": 3305.969551,
        "relative_strength": 48.944263,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.440177,
        "energy": 66.525587,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 6250.0,
        "volume": 4798,
        "typical_volume": 5922.7,
        "trend": 3970.363989,
        "fair_value": 3334.046506,
        "relative_strength": 59.846901,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
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        "energy": 70.767938,
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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."
    }
  }
}