{ "ticker": { "uuid": "1ad1afd0-03f2-4c96-a85c-4bd03e5463c7", "symbol": "BRST3", "name": "BRISANET ON NM", "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": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -39.872, "architecture_energy": 25.587, "architecture_maturity": 40.361, "architecture_confidence": 77.962, "architecture_tenure": "New", "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": 37.67, "rotation_up": 25.2, "upward_expansion": 18.73, "deceleration": 45.55, "rotation_down": 34.04, "downward_expansion": 57.39 }, "activity_lines": [ 2.784, 2.779818, 2.815238, 2.872882 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 2.8, "trend_reference": 2.968667, "distance_from_trend": -0.056816, "trend_direction": "Weakening", "fair_value": 2.899641, "distance_from_fair_value": -0.034363, "fair_value_direction": "Weakening", "relative_strength": -10.486401, "relative_strength_direction": "Improving", "price_momentum": -0.10828, "excess_performance": -0.051232, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.056816, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.061537, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.034363, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.084375, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.104864, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.025765, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.10828, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.322926, "read": "Supply-led" } ], "volume": { "latest": 924000, "relative_activity": 0.737333, "balance": 0.322926, "dry_up": 0.787386, "accumulation_observations": 0, "distribution_observations": 2 }, "risk": { "range_context": 0.048626, "annualized_volatility": 0.279191, "from_high_reference": -0.211268, "from_low_reference": 0.08573 }, "levels": { "trend_reference": 2.968667, "fair_value_reference": 2.899641, "structural_low": 2.67, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Extended", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.014493, "active": true } ], "chart_path": [ { "date": "2025-01-17", "close": 2.539387, "volume": 304600, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-24", "close": 2.549268, "volume": 803800, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-31", "close": 2.687601, 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"typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-07-17", "close": 2.82, "volume": 1025700, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2026-07-24", "close": 2.76, "volume": 1161600, "typical_volume": 1422925.0, "trend": 3.012, "fair_value": 2.902632, "relative_strength": -13.158447, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.919754, "energy": 24.598404, "activity_lines": [ 2.796, 2.772545, 2.837, 2.901548 ] }, { "date": "2026-07-31", "close": 2.76, "volume": 835600, "typical_volume": 1368910.0, "trend": 2.992333, "fair_value": 2.900872, "relative_strength": -14.732755, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.223925, "energy": 27.879914, "activity_lines": [ 2.783333, 2.772182, 2.823857, 2.88529 ] }, { "date": "2026-08-07", "close": 2.8, "volume": 924000, "typical_volume": 1253165.0, "trend": 2.968667, "fair_value": 2.899641, "relative_strength": -10.486401, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.871657, "energy": 25.58698, "activity_lines": [ 2.784, 2.779818, 2.815238, 2.872882 ] } ], "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." } } }