{ "ticker": { "uuid": "39b6daf7-63a7-49d7-9119-a21835e3f50e", "symbol": "PBR-A", "name": "Petr\u00f3leo Brasileiro S.A. - Petrobras", "exchange": "NYSE", "country": "US", "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": "SPY", "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": 48.996, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": 1.682, "architecture_energy": 17.326, "architecture_maturity": 63.613, "architecture_confidence": 55.635, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 53.8, "rotation_up": 50.4, "upward_expansion": 33.32, "deceleration": 47.08, "rotation_down": 17.19, "downward_expansion": 21.99 }, "activity_lines": [ 16.422, 15.965636, 16.424635, 16.561646 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.166667 }, "latest_close": 16.06, "trend_reference": 16.221402, "distance_from_trend": -0.00995, "trend_direction": "Improving", "fair_value": 12.25143, "distance_from_fair_value": 0.310867, "fair_value_direction": "Weakening", "relative_strength": 2.347048, "relative_strength_direction": "Weakening", "price_momentum": 0.157386, "excess_performance": 0.031761, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.00995, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.101692, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.310867, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.276849, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.02347, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.278242, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.157386, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.512603, "read": "Supply-led" } ], "volume": { "latest": 34395400, "relative_activity": 0.789425, "balance": 0.512603, "dry_up": 0.735104, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.064207, "annualized_volatility": 0.329022, "from_high_reference": -0.191972, "from_low_reference": 0.557999 }, "levels": { "trend_reference": 16.221402, "fair_value_reference": 12.25143, "structural_low": 13.620043, "invalidation": "A sustained 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[ 15.346, 15.578678, 16.550977, 16.416633 ] }, { "date": "2026-07-24", "close": 16.62, "volume": 30123004, "typical_volume": 48582388.5, "trend": 15.858596, "fair_value": 12.159601, "relative_strength": 11.790284, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -3.201144, "energy": 12.085087, "activity_lines": [ 15.835333, 15.692254, 16.513171, 16.478222 ] }, { "date": "2026-07-31", "close": 17.15, "volume": 29522647, "typical_volume": 45007824.0, "trend": 16.05833, "fair_value": 12.209426, "relative_strength": 13.551618, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 11.411506, "energy": 19.380329, "activity_lines": [ 16.392667, 15.924256, 16.522295, 16.561538 ] }, { "date": "2026-08-07", "close": 16.06, "volume": 34395400, "typical_volume": 43570195.45, "trend": 16.221402, "fair_value": 12.25143, "relative_strength": 2.347048, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 1.682024, "energy": 17.326253, "activity_lines": [ 16.422, 15.965636, 16.424635, 16.561646 ] } ], "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." } } }