{
  "ticker": {
    "uuid": "32a57de1-c199-4beb-8f73-8ad6dc64cf64",
    "symbol": "GOGL34",
    "name": "Alphabet 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": 3,
    "stage_name": "Distribution",
    "phase": "3b",
    "phase_label": "Stage 3B \u00b7 Distribution",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 52.789,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 8.879,
    "architecture_energy": 13.898,
    "architecture_maturity": 44.952,
    "architecture_confidence": 74.461,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 60.95,
        "rotation_up": 18.4,
        "upward_expansion": 40.43,
        "deceleration": 84.84,
        "rotation_down": 35.13,
        "downward_expansion": 32.09
      },
      "activity_lines": [
        147.225334,
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        151.258879,
        148.313461
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      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.333333
    },
    "latest_close": 150.300003,
    "trend_reference": 145.226187,
    "distance_from_trend": 0.034937,
    "trend_direction": "Improving",
    "fair_value": 93.77935,
    "distance_from_fair_value": 0.602698,
    "fair_value_direction": "Weakening",
    "relative_strength": 7.671677,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.078482,
    "excess_performance": 0.13553,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.034937,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.027574,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.602698,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.317952,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.076717,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.123808,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.078482,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.291051,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 1920878,
      "relative_activity": 2.185612,
      "balance": 0.291051,
      "dry_up": 1.877709,
      "accumulation_observations": 2,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.076042,
      "annualized_volatility": 0.372064,
      "from_high_reference": -0.11882,
      "from_low_reference": 0.692946
    },
    "levels": {
      "trend_reference": 145.226187,
      "fair_value_reference": 93.77935,
      "structural_low": 119.129623,
      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 9,
        "median_return": 0.070597,
        "positive_rate": 0.555556,
        "directional_follow_through": 0.555556,
        "median_excess_return": 0.05225,
        "regime_survival": 0.444444,
        "best_return": 0.140713,
        "worst_return": -0.087462,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 5,
        "median_return": 0.181366,
        "positive_rate": 0.8,
        "directional_follow_through": 0.8,
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        "regime_survival": 0.0,
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        "worst_return": -0.076443,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": 0.215565,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
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        "regime_survival": 0.5,
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        "worst_return": 0.141118,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
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        "directional_follow_through": 1.0,
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        "worst_return": 0.210054,
        "sufficient": false
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        "end": "2024-10-04",
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      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "tenure": "New",
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        "active": false
      },
      {
        "regime": "upward_expansion",
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      },
      {
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        "active": false
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      {
        "regime": "rotation_down",
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        "active": false
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      {
        "regime": "downward_expansion",
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        "active": false
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      {
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        "active": false
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      {
        "regime": "rotation_up",
        "label": "Rotation Up",
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        "active": false
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      },
      {
        "date": "2026-04-17",
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        "modifier": "Supply rotation",
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      },
      {
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      },
      {
        "date": "2026-05-08",
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      },
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        "regime": "upward_expansion",
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      },
      {
        "date": "2026-05-22",
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      },
      {
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      },
      {
        "date": "2026-06-05",
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      },
      {
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      },
      {
        "date": "2026-06-26",
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      },
      {
        "date": "2026-07-03",
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        "typical_volume": 708836.95,
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        "relative_strength": 12.532797,
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      },
      {
        "date": "2026-07-10",
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        "typical_volume": 709465.15,
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        "fair_value": 91.338545,
        "relative_strength": 7.704128,
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      },
      {
        "date": "2026-07-17",
        "close": 147.539993,
        "volume": 1078969,
        "typical_volume": 715718.55,
        "trend": 145.263463,
        "fair_value": 91.981833,
        "relative_strength": 6.240803,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 24.792859,
        "energy": 18.563364,
        "activity_lines": [
          150.857329,
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      },
      {
        "date": "2026-07-24",
        "close": 135.600006,
        "volume": 2344453,
        "typical_volume": 793312.15,
        "trend": 144.904823,
        "fair_value": 92.518945,
        "relative_strength": -2.796694,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -10.55986,
        "energy": 16.574066,
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          145.441332,
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        ]
      },
      {
        "date": "2026-07-31",
        "close": 150.65,
        "volume": 1256779,
        "typical_volume": 815162.1,
        "trend": 145.123813,
        "fair_value": 93.153679,
        "relative_strength": 5.106137,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 6.940572,
        "energy": 14.892653,
        "activity_lines": [
          146.543999,
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          151.044357,
          147.979514
        ]
      },
      {
        "date": "2026-08-07",
        "close": 150.300003,
        "volume": 1920878,
        "typical_volume": 878874.25,
        "trend": 145.226187,
        "fair_value": 93.77935,
        "relative_strength": 7.671677,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 8.878587,
        "energy": 13.898489,
        "activity_lines": [
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      }
    ],
    "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."
    }
  }
}