{ "ticker": { "uuid": "01170ecc-598c-4b58-81ae-d3888c56991b", "symbol": "BLAK34", "name": "BlackRock, Inc.", "exchange": "SAO", "country": "BR", "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": "^BVSP", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 50.11, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "mixed", "architecture_direction": 46.067, "architecture_energy": 54.806, "architecture_maturity": 30.293, "architecture_confidence": 58.996, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 33.13, "rotation_up": 65.01, "upward_expansion": 58.29, "deceleration": 24.41, "rotation_down": 18.07, "downward_expansion": 18.95 }, "activity_lines": [ 83.905334, 82.092728, 80.929906, 80.359456 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 87.309998, "trend_reference": 80.942926, "distance_from_trend": 0.078661, "trend_direction": "Weakening", "fair_value": 75.182452, "distance_from_fair_value": 0.161308, "fair_value_direction": "Improving", "relative_strength": -1.598681, "relative_strength_direction": "Improving", "price_momentum": 0.06108, "excess_performance": 0.118129, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.078661, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.024502, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.161308, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.061742, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.015987, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.205362, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.06108, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.703735, "read": "Demand-led" } ], "volume": { "latest": 10086, "relative_activity": 0.826122, "balance": 1.703735, "dry_up": 0.900842, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.052261, "annualized_volatility": 0.262638, "from_high_reference": -0.12477, "from_low_reference": 0.204061 }, "levels": { "trend_reference": 80.942926, "fair_value_reference": 75.182452, "structural_low": 72.512922, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 18, "median_return": 0.001976, "positive_rate": 0.555556, "directional_follow_through": 0.555556, "median_excess_return": -0.008158, "regime_survival": 0.5, "best_return": 0.134686, "worst_return": -0.053406, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.018758, "positive_rate": 0.555556, "directional_follow_through": 0.555556, "median_excess_return": 0.000541, "regime_survival": 0.222222, "best_return": 0.249404, "worst_return": -0.051031, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.123327, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.007752, "regime_survival": 0.333333, "best_return": 0.502444, "worst_return": 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"down", "direction": 0.32055, "energy": 3.137927, "activity_lines": [ 80.501334, 80.059226, 79.525916, 79.858731 ] }, { "date": "2026-07-24", "close": 79.760002, "volume": 10566, "typical_volume": 15197.8, "trend": 81.122615, "fair_value": 74.721392, "relative_strength": -12.145205, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.11447, "energy": 9.784363, "activity_lines": [ 80.356001, 79.992456, 79.640612, 79.748682 ] }, { "date": "2026-07-31", "close": 84.230003, "volume": 7083, "typical_volume": 12179.9, "trend": 80.95039, "fair_value": 74.939627, "relative_strength": -8.569471, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 33.79705, "energy": 33.345029, "activity_lines": [ 81.895335, 80.793334, 80.159878, 79.949159 ] }, { "date": "2026-08-07", "close": 87.309998, "volume": 10086, "typical_volume": 12208.85, "trend": 80.942926, "fair_value": 75.182452, "relative_strength": -1.598681, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 46.067393, "energy": 54.80576, "activity_lines": [ 83.905334, 82.092728, 80.929906, 80.359456 ] } ], "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." } } }