{ "ticker": { "uuid": "0c98f019-76cb-4aad-a25e-68503f45c4f0", "symbol": "MXRF11", "name": "Maxi Renda Fundo De Investimento Imobiliaro - FII", "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": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 80.876, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Momentum cooling", "architecture_gate": "mixed", "architecture_direction": -28.962, "architecture_energy": 45.496, "architecture_maturity": 35.94, "architecture_confidence": 69.561, "architecture_tenure": "Developing", "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": 40.93, "rotation_up": 15.23, "upward_expansion": 23.46, "deceleration": 50.94, "rotation_down": 60.77, "downward_expansion": 48.46 }, "activity_lines": [ 9.513715, 9.563603, 9.615223, 9.611764 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 9.46, "trend_reference": 9.56153, "distance_from_trend": -0.010619, "trend_direction": "Improving", "fair_value": 8.453604, "distance_from_fair_value": 0.119049, "fair_value_direction": "Weakening", "relative_strength": -2.291708, "relative_strength_direction": "Improving", "price_momentum": 0.017359, "excess_performance": 0.074407, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.010619, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.018491, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.119049, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.057146, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.022917, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.063032, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.017359, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.196165, "read": "Supply-led" } ], "volume": { "latest": 9794104, "relative_activity": 1.759059, "balance": 0.196165, "dry_up": 1.394387, "accumulation_observations": 1, "distribution_observations": 7 }, "risk": { "range_context": 0.014331, "annualized_volatility": 0.069014, "from_high_reference": -0.034592, "from_low_reference": 0.104974 }, "levels": { "trend_reference": 9.56153, "fair_value_reference": 8.453604, "structural_low": 9.298588, "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": 5, "median_return": 0.007992, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": 0.010161, "regime_survival": 0.6, "best_return": 0.016236, "worst_return": -0.0015, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 2, "median_return": 0.031707, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.080973, "regime_survival": 0.0, "best_return": 0.056881, "worst_return": 0.006533, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.076578, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.114204, "regime_survival": 0.0, "best_return": 0.132168, "worst_return": 0.020988, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, 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"fair_value": 8.429066, "relative_strength": -3.092193, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.768809, "energy": 6.612431, "activity_lines": [ 9.602402, 9.624492, 9.6488, 9.621399 ] }, { "date": "2026-07-31", "close": 9.480208, "volume": 7192134, "typical_volume": 5455050.95, "trend": 9.550687, "fair_value": 8.440989, "relative_strength": -5.369595, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -7.604832, "energy": 21.799651, "activity_lines": [ 9.556076, 9.593789, 9.632902, 9.617615 ] }, { "date": "2026-08-07", "close": 9.46, "volume": 9794104, "typical_volume": 5567807.6, "trend": 9.56153, "fair_value": 8.453604, "relative_strength": -2.291708, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -28.962245, "energy": 45.496275, "activity_lines": [ 9.513715, 9.563603, 9.615223, 9.611764 ] } ], "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." } } }