{ "ticker": { "uuid": "2e24cfea-038a-4488-87d1-1142024763ba", "symbol": "BAZA3", "name": "Banco da Amaz\u00f4nia 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": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -43.088, "architecture_energy": 33.825, "architecture_maturity": 90.392, "architecture_confidence": 81.903, "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": 27.63, "rotation_up": 27.76, "upward_expansion": 22.24, "deceleration": 46.97, "rotation_down": 33.26, "downward_expansion": 60.91 }, "activity_lines": [ 62.070667, 61.502591, 62.304316, 66.282796 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 63.23, "trend_reference": 71.640445, "distance_from_trend": -0.117398, "trend_direction": "Weakening", "fair_value": 77.668536, "distance_from_fair_value": -0.185899, "fair_value_direction": "Weakening", "relative_strength": -17.514116, "relative_strength_direction": "Improving", "price_momentum": -0.259862, "excess_performance": -0.202814, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.117398, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.069561, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.185899, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.081027, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.175141, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.061195, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.259862, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.375774, "read": "Supply-led" } ], "volume": { "latest": 21800, "relative_activity": 0.976047, "balance": 0.375774, "dry_up": 1.263712, "accumulation_observations": 2, "distribution_observations": 5 }, "risk": { "range_context": 0.056962, "annualized_volatility": 0.413164, "from_high_reference": -0.29352, "from_low_reference": 0.148596 }, "levels": { "trend_reference": 71.640445, "fair_value_reference": 77.668536, 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"fair_value": 77.625259, "relative_strength": -21.772325, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.947445, "energy": 48.796753, "activity_lines": [ 60.801334, 60.321434, 62.989301, 67.476982 ] }, { "date": "2026-07-31", "close": 62.990002, "volume": 22400, "typical_volume": 23010.0, "trend": 72.118112, "fair_value": 77.644894, "relative_strength": -20.968185, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.734829, "energy": 44.332247, "activity_lines": [ 61.496001, 60.937062, 62.586142, 66.856222 ] }, { "date": "2026-08-07", "close": 63.23, "volume": 21800, "typical_volume": 22335.0, "trend": 71.640445, "fair_value": 77.668536, "relative_strength": -17.514116, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.08802, "energy": 33.825011, "activity_lines": [ 62.070667, 61.502591, 62.304316, 66.282796 ] } ], "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." } } }