{ "ticker": { "uuid": "10c990df-802e-40d4-b5a7-8fa0d72a0044", "symbol": "I1CE34", "name": "Intercontinental Exchange, 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": 4, "stage_name": "Declining", "phase": "4c", "phase_label": "Stage 4C \u00b7 Repair watch", "transition": "stage_4_to_1_watch", "transition_label": "Stage 4 \u2192 1 repair watch", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -7.666, "architecture_energy": 25.672, "architecture_maturity": 100.0, "architecture_confidence": 53.432, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 48.1, "rotation_up": 46.18, "upward_expansion": 23.81, "deceleration": 41.33, "rotation_down": 19.19, "downward_expansion": 57.81 }, "activity_lines": [ 377.199329, 364.301699, 367.581437, 377.679074 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.0 }, "latest_close": 388.0, "trend_reference": 393.834312, "distance_from_trend": -0.014814, "trend_direction": "Weakening", "fair_value": 399.482277, "distance_from_fair_value": -0.028743, "fair_value_direction": "Improving", "relative_strength": -10.153703, "relative_strength_direction": "Improving", "price_momentum": -0.113933, "excess_performance": -0.056884, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.014814, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.054547, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.028743, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.006342, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.101537, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.189506, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.113933, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.497758, "read": "Supply-led" } ], "volume": { "latest": 2, "relative_activity": 0.013477, "balance": 0.497758, "dry_up": 0.176887, "accumulation_observations": 0, "distribution_observations": 1 }, "risk": { "range_context": 0.04535, "annualized_volatility": 0.308684, "from_high_reference": -0.231087, "from_low_reference": 0.219819 }, "levels": { "trend_reference": 393.834312, "fair_value_reference": 399.482277, 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"Established contraction", "gate": "down", "direction": -70.773513, "energy": 75.706456, "activity_lines": [ 340.071334, 350.840353, 369.363181, 383.499054 ] }, { "date": "2026-07-17", "close": 366.5, "volume": 4, "typical_volume": 145.25, "trend": 400.496352, "fair_value": 397.359541, "relative_strength": -18.723788, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.31924, "energy": 62.547142, "activity_lines": [ 347.366667, 352.06039, 367.592808, 381.134322 ] }, { "date": "2026-07-24", "close": 364.079987, "volume": 14, "typical_volume": 144.75, "trend": 397.744095, "fair_value": 397.992839, "relative_strength": -18.372138, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.7978, "energy": 43.693571, "activity_lines": [ 353.888662, 353.038158, 365.782628, 378.784879 ] }, { "date": "2026-07-31", "close": 388.399994, "volume": 85, "typical_volume": 148.4, "trend": 395.79587, "fair_value": 398.73653, "relative_strength": -13.802231, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.733308, "energy": 21.830984, "activity_lines": [ 367.741327, 358.836348, 366.625898, 378.182034 ] }, { "date": "2026-08-07", "close": 388.0, "volume": 2, "typical_volume": 148.4, "trend": 393.834312, "fair_value": 399.482277, "relative_strength": -10.153703, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -7.66571, "energy": 25.672068, "activity_lines": [ 377.199329, 364.301699, 367.581437, 377.679074 ] } ], "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." } } }