{ "ticker": { "uuid": "4796d98d-24bd-4433-977f-bc607285babd", "symbol": "TMOS34", "name": "Thermo Fisher Scientific 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": 1, "stage_name": "Basing", "phase": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 63.577, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Value reclamation", "architecture_gate": "mixed", "architecture_direction": 53.038, "architecture_energy": 74.176, "architecture_maturity": 19.485, "architecture_confidence": 71.084, "architecture_tenure": "New", "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": 14.49, "rotation_up": 79.37, "upward_expansion": 68.67, "deceleration": 18.26, "rotation_down": 16.44, "downward_expansion": 24.67 }, "activity_lines": [ 60.311334, 57.865747, 54.450203, 53.78687 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 62.389999, "trend_reference": 54.557444, "distance_from_trend": 0.143565, "trend_direction": "Weakening", "fair_value": 58.402074, "distance_from_fair_value": 0.068284, "fair_value_direction": "Improving", "relative_strength": 3.99228, "relative_strength_direction": "Improving", "price_momentum": 0.069772, "excess_performance": 0.12682, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.143565, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.058055, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.068284, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.254736, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.039923, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.322982, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.069772, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.660729, "read": "Demand-led" } ], "volume": { "latest": 23447, "relative_activity": 1.026619, "balance": 1.660729, "dry_up": 1.118315, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.061699, "annualized_volatility": 0.359381, "from_high_reference": -0.132529, "from_low_reference": 0.366967 }, "levels": { "trend_reference": 54.557444, "fair_value_reference": 58.402074, "structural_low": 45.641177, 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27.566309, "activity_lines": [ 54.646, 52.338925, 51.255594, 52.520741 ] }, { "date": "2026-07-17", "close": 56.889999, "volume": 65415, "typical_volume": 23402.65, "trend": 55.200913, "fair_value": 58.28908, "relative_strength": -6.609775, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 32.125476, "energy": 45.587767, "activity_lines": [ 55.842667, 53.464306, 51.785633, 52.613162 ] }, { "date": "2026-07-24", "close": 59.990002, "volume": 8281, "typical_volume": 23551.0, "trend": 54.996726, "fair_value": 58.321139, "relative_strength": -1.32565, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 43.629781, "energy": 66.735702, "activity_lines": [ 57.588001, 54.982596, 52.603971, 52.922136 ] }, { "date": "2026-07-31", "close": 60.790001, "volume": 5022, "typical_volume": 22857.35, "trend": 54.779898, "fair_value": 58.356861, "relative_strength": -1.903375, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 51.365048, "energy": 70.872685, "activity_lines": [ 58.881334, 56.403079, 53.472944, 53.295895 ] }, { "date": "2026-08-07", "close": 62.389999, "volume": 23447, "typical_volume": 22839.05, "trend": 54.557444, "fair_value": 58.402074, "relative_strength": 3.99228, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 53.037545, "energy": 74.176241, "activity_lines": [ 60.311334, 57.865747, 54.450203, 53.78687 ] } ], "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." } } }