{ "ticker": { "uuid": "f80fb1a0-d1fb-4d01-a75f-2457b7d05725", "symbol": "BLX", "name": "Foreign Trade Bank of Latin America 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": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 37.037, "architecture_energy": 22.796, "architecture_maturity": 53.238, "architecture_confidence": 88.906, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 45.34, "rotation_up": 27.1, "upward_expansion": 60.08, "deceleration": 90.79, "rotation_down": 26.66, "downward_expansion": 14.74 }, "activity_lines": [ 57.879602, 58.522039, 57.531596, 55.850021 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 56.99, "trend_reference": 53.330546, "distance_from_trend": 0.068618, "trend_direction": "Improving", "fair_value": 35.483082, "distance_from_fair_value": 0.606118, "fair_value_direction": "Weakening", "relative_strength": 3.684626, "relative_strength_direction": "Weakening", "price_momentum": 0.196027, "excess_performance": 0.070402, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.068618, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.108429, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.606118, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.064872, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.036846, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.040505, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.196027, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.315533, "read": "Demand-led" } ], "volume": { "latest": 721027, "relative_activity": 0.87726, "balance": 1.315533, "dry_up": 0.923767, "accumulation_observations": 4, "distribution_observations": 4 }, "risk": { "range_context": 0.060291, "annualized_volatility": 0.22735, "from_high_reference": -0.09776, "from_low_reference": 0.54456 }, "levels": { "trend_reference": 53.330546, "fair_value_reference": 35.483082, "structural_low": 45.824311, "invalidation": "A 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12.121192, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.459425, "energy": 45.801547, "activity_lines": [ 58.982904, 58.713376, 56.765557, 54.767428 ] }, { "date": "2026-07-24", "close": 58.929108, "volume": 643013, "typical_volume": 820529.85, "trend": 52.335922, "fair_value": 35.00771, "relative_strength": 12.999402, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.528729, "energy": 33.309367, "activity_lines": [ 58.798045, 58.926515, 57.168069, 55.226499 ] }, { "date": "2026-07-31", "close": 57.8521, "volume": 922522, "typical_volume": 831665.2, "trend": 52.841596, "fair_value": 35.247915, "relative_strength": 9.229846, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.540278, "energy": 28.259551, "activity_lines": [ 58.337577, 58.827669, 57.415338, 55.582382 ] }, { "date": "2026-08-07", "close": 56.99, "volume": 721027, "typical_volume": 821907.55, "trend": 53.330546, "fair_value": 35.483082, "relative_strength": 3.684626, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.037409, "energy": 22.795803, "activity_lines": [ 57.879602, 58.522039, 57.531596, 55.850021 ] } ], "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." } } }