{ "ticker": { "uuid": "041faeef-0863-4fde-973b-4e99748dc324", "symbol": "TXSA34", "name": "Ternium S.A.", "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": 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": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 79.528, "architecture_energy": 67.976, "architecture_maturity": 20.106, "architecture_confidence": 85.763, "architecture_tenure": "New", "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": 22.77, "rotation_up": 67.8, "upward_expansion": 83.93, "deceleration": 50.11, "rotation_down": 15.02, "downward_expansion": 15.27 }, "activity_lines": [ 252.069331, 243.941635, 237.591607, 230.403124 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.333333 }, "latest_close": 274.299988, "trend_reference": 223.675601, "distance_from_trend": 0.226329, "trend_direction": "Improving", "fair_value": 178.563039, "distance_from_fair_value": 0.536152, "fair_value_direction": "Improving", "relative_strength": 27.534693, "relative_strength_direction": "Improving", "price_momentum": 0.232034, "excess_performance": 0.289083, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.226329, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.072267, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.536152, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.250339, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.275347, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.267442, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.232034, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 15.784262, "read": "Demand-led" } ], "volume": { "latest": 33087, "relative_activity": 5.018238, "balance": 15.784262, "dry_up": 1.754457, "accumulation_observations": 5, "distribution_observations": 0 }, "risk": { "range_context": 0.069528, "annualized_volatility": 0.350828, "from_high_reference": -0.012706, "from_low_reference": 0.706217 }, "levels": { "trend_reference": 223.675601, "fair_value_reference": 178.563039, 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225.118156 ] }, { "date": "2026-07-31", "close": 249.25, "volume": 8300, "typical_volume": 4939.4, "trend": 221.528236, "fair_value": 177.839067, "relative_strength": 13.02596, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 61.134287, "energy": 32.81825, "activity_lines": [ 237.948668, 237.628728, 232.87322, 226.998495 ] }, { "date": "2026-08-07", "close": 274.299988, "volume": 33087, "typical_volume": 6593.35, "trend": 223.675601, "fair_value": 178.563039, "relative_strength": 27.534693, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.528204, "energy": 67.975779, "activity_lines": [ 252.069331, 243.941635, 237.591607, 230.403124 ] } ], "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." } } }