{ "ticker": { "uuid": "2a1fe5d5-467a-47f7-9d39-8a5bbf4a803d", "symbol": "ASAI3", "name": "Sendas Distribuidora 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": 1, "stage_name": "Basing", "phase": "1a", "phase_label": "Stage 1A \u00b7 Bottoming", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 66.908, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "down", "architecture_direction": -48.608, "architecture_energy": 37.641, "architecture_maturity": 23.674, "architecture_confidence": 92.766, "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": 42.79, "rotation_up": 20.07, "upward_expansion": 11.67, "deceleration": 36.33, "rotation_down": 50.83, "downward_expansion": 78.0 }, "activity_lines": [ 8.308, 8.390182, 8.531762, 8.599849 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.166667 }, "latest_close": 8.24, "trend_reference": 8.636667, "distance_from_trend": -0.045928, "trend_direction": "Improving", "fair_value": 9.661875, "distance_from_fair_value": -0.147164, "fair_value_direction": "Weakening", "relative_strength": -9.253721, "relative_strength_direction": "Improving", "price_momentum": -0.061503, "excess_performance": -0.004455, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.045928, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.00915, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.147164, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.07448, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.092537, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.055889, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.061503, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.753669, "read": "Supply-led" } ], "volume": { "latest": 45377600, "relative_activity": 0.997342, "balance": 0.753669, "dry_up": 0.868427, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.086819, "annualized_volatility": 0.517541, "from_high_reference": -0.223937, "from_low_reference": 0.192475 }, "levels": { "trend_reference": 8.636667, "fair_value_reference": 9.661875, "structural_low": 7.36, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 15, "median_return": -0.024024, "positive_rate": 0.466667, "directional_follow_through": 0.466667, "median_excess_return": -0.011322, "regime_survival": 0.6, "best_return": 0.283967, "worst_return": -0.17, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": -0.018087, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.011912, "regime_survival": 0.166667, "best_return": 0.45041, "worst_return": -0.284139, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.064026, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.166648, "regime_survival": 0.0, "best_return": 0.457626, "worst_return": -0.454204, "sufficient": false }, { "horizon": 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"balance", "label": "Balance", "color": "blue", "start": "2025-02-21", "end": "2025-03-14", "tenure": "New", "return": 0.087896, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-03-21", "end": "2025-04-11", "tenure": "New", "return": 0.094987, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-04-18", "end": "2025-07-11", "tenure": "Established", "return": 0.210137, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-07-18", "end": "2025-10-03", "tenure": "Developing", "return": -0.067901, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-10-10", "end": "2025-10-24", "tenure": "New", "return": 0.001217, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-10-31", "end": "2026-02-13", "tenure": 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"2026-07-10", "close": 8.87, "volume": 49784900, "typical_volume": 50478565.0, "trend": 8.484403, "fair_value": 9.778595, "relative_strength": -8.525088, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.198435, "energy": 12.672859, "activity_lines": [ 8.626667, 8.550909, 8.678524, 8.669126 ] }, { "date": "2026-07-17", "close": 8.5, "volume": 40778600, "typical_volume": 48944345.0, "trend": 8.529924, "fair_value": 9.755175, "relative_strength": -9.512196, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.080247, "energy": 15.039008, "activity_lines": [ 8.644, 8.535818, 8.660619, 8.670132 ] }, { "date": "2026-07-24", "close": 7.85, "volume": 38565100, "typical_volume": 47640010.0, "trend": 8.552791, "fair_value": 9.723489, "relative_strength": -15.793321, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.98881, "energy": 10.796219, "activity_lines": [ 8.418, 8.416727, 8.58481, 8.626266 ] }, { "date": "2026-07-31", "close": 8.5, "volume": 33327300, "typical_volume": 46413200.0, "trend": 8.596667, "fair_value": 9.692925, "relative_strength": -10.055919, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.883135, "energy": 14.353886, "activity_lines": [ 8.395333, 8.427636, 8.572524, 8.62286 ] }, { "date": "2026-08-07", "close": 8.24, "volume": 45377600, "typical_volume": 45498545.0, "trend": 8.636667, "fair_value": 9.661875, "relative_strength": -9.253721, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -48.60807, "energy": 37.64077, "activity_lines": [ 8.308, 8.390182, 8.531762, 8.599849 ] } ], "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." } } }