{ "ticker": { "uuid": "f8ab9669-7c61-4c44-a2c5-8bdc3bfe37d6", "symbol": "PAVE", "name": "Global X U.S. Infrastructure Development ETF", "exchange": "MEX", "country": "MX", "assetType": "etf" }, "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": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 77.637, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 32.23, "architecture_energy": 23.871, "architecture_maturity": 57.402, "architecture_confidence": 84.482, "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": 48.94, "rotation_up": 22.68, "upward_expansion": 55.82, "deceleration": 90.84, "rotation_down": 31.82, "downward_expansion": 19.49 }, "activity_lines": [ 991.455339, 1003.89843, 994.14478, 978.837081 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 986.0, "trend_reference": 959.79113, "distance_from_trend": 0.027307, "trend_direction": "Improving", "fair_value": 834.988306, "distance_from_fair_value": 0.180855, "fair_value_direction": "Weakening", "relative_strength": 4.709993, "relative_strength_direction": "Improving", "price_momentum": 0.046709, "excess_performance": 0.101376, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.027307, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.047191, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.180855, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.044282, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.0471, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.003877, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.046709, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.343362, "read": "Supply-led" } ], "volume": { "latest": 191, "relative_activity": 0.602429, "balance": 0.343362, "dry_up": 0.680492, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.03091, "annualized_volatility": 0.197102, "from_high_reference": -0.076922, "from_low_reference": 0.169705 }, "levels": { "trend_reference": 959.79113, "fair_value_reference": 834.988306, "structural_low": 884.900024, "invalidation": 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"activity_lines": [ 1005.022005, 1008.321997, 990.099389, 974.100023 ] }, { "date": "2026-07-31", "close": 998.0, "volume": 39, "typical_volume": 308.95, "trend": 956.92113, "fair_value": 833.686481, "relative_strength": 5.986077, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.247821, "energy": 24.165133, "activity_lines": [ 998.56534, 1007.752121, 992.93637, 976.961025 ] }, { "date": "2026-08-07", "close": 986.0, "volume": 191, "typical_volume": 317.05, "trend": 959.79113, "fair_value": 834.988306, "relative_strength": 4.709993, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.229876, "energy": 23.871473, "activity_lines": [ 991.455339, 1003.89843, 994.14478, 978.837081 ] } ], "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." } } }