{ "ticker": { "uuid": "2f3d2ad3-6e84-467d-b579-d87bb3ab7afa", "symbol": "P1PG34", "name": "PPG Industries, 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": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 66.271, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Emerging rotation", "architecture_gate": "mixed", "architecture_direction": 17.026, "architecture_energy": 24.03, "architecture_maturity": 58.695, "architecture_confidence": 70.202, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 52.3, "rotation_up": 25.53, "upward_expansion": 39.53, "deceleration": 66.01, "rotation_down": 35.86, "downward_expansion": 25.87 }, "activity_lines": [ 299.948171, 302.102675, 294.369589, 291.530132 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 300.0, "trend_reference": 291.60944, "distance_from_trend": 0.028773, "trend_direction": "Improving", "fair_value": 315.131021, "distance_from_fair_value": -0.048015, "fair_value_direction": "Improving", "relative_strength": 0.636765, "relative_strength_direction": "Improving", "price_momentum": -0.028893, "excess_performance": 0.028155, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.028773, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.034661, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.048015, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.10287, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.006368, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.222898, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.028893, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.210526, "read": "Demand-led" } ], "volume": { "latest": 0, "relative_activity": 0.0, "balance": 1.210526, "dry_up": 0.048544, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.020526, "annualized_volatility": 0.315442, "from_high_reference": -0.122056, "from_low_reference": 0.206574 }, "levels": { "trend_reference": 291.60944, "fair_value_reference": 315.131021, "structural_low": 255.059998, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 11, "median_return": 0.002923, "positive_rate": 0.545455, "directional_follow_through": 0.545455, "median_excess_return": -0.028645, "regime_survival": 0.454545, "best_return": 0.164787, "worst_return": -0.241556, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.005972, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": -0.097245, "regime_survival": 0.0, "best_return": 0.032085, "worst_return": -0.109761, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.005285, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": 0.02078, "regime_survival": 0.2, "best_return": 0.068816, "worst_return": -0.14559, "sufficient": true }, { "horizon": "Full cycle", 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283.995887, 286.19768 ] }, { "date": "2026-07-03", "close": 311.104828, "volume": 0, "typical_volume": 6.5, "trend": 288.199191, "fair_value": 316.138449, "relative_strength": -0.028808, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 45.013762, "energy": 75.442236, "activity_lines": [ 305.380279, 295.183785, 286.291099, 287.756661 ] }, { "date": "2026-07-10", "close": 311.104828, "volume": 0, "typical_volume": 6.5, "trend": 289.305378, "fair_value": 315.964095, "relative_strength": -1.410959, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 40.649332, "energy": 78.235794, "activity_lines": [ 308.408899, 299.648942, 288.711071, 289.234444 ] }, { "date": "2026-07-17", "close": 298.679749, "volume": 1, "typical_volume": 6.3, "trend": 289.840065, "fair_value": 315.710092, "relative_strength": -2.363112, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 39.728128, "energy": 70.799321, "activity_lines": [ 306.062171, 301.073266, 290.078654, 289.839242 ] }, { "date": "2026-07-24", "close": 298.679749, "volume": 0, "typical_volume": 5.95, "trend": 290.354591, "fair_value": 315.526951, "relative_strength": -1.836475, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 64.020989, "energy": 57.866657, "activity_lines": [ 303.349459, 301.97614, 291.566533, 290.409544 ] }, { "date": "2026-07-31", "close": 298.679749, "volume": 0, "typical_volume": 5.4, "trend": 290.956046, "fair_value": 315.343811, "relative_strength": -3.292513, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 23.214557, "energy": 34.681712, "activity_lines": [ 301.164765, 302.171019, 292.977337, 290.946651 ] }, { "date": "2026-08-07", "close": 300.0, "volume": 0, "typical_volume": 5.15, "trend": 291.60944, "fair_value": 315.131021, "relative_strength": 0.636765, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 17.025698, "energy": 24.030222, "activity_lines": [ 299.948171, 302.102675, 294.369589, 291.530132 ] } ], "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." } } }