{ "ticker": { "uuid": "525d5f89-0a2c-4f12-96b9-6b0b0236adef", "symbol": "SMFT3", "name": "Smartfit Escola de Gin\u00e1stica e Dan\u00e7a 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": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Emerging rotation", "architecture_gate": "mixed", "architecture_direction": -13.8, "architecture_energy": 10.427, "architecture_maturity": 37.043, "architecture_confidence": 41.648, "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": 59.55, "rotation_up": 26.81, "upward_expansion": 29.4, "deceleration": 62.59, "rotation_down": 39.77, "downward_expansion": 24.74 }, "activity_lines": [ 19.356667, 19.567091, 19.277703, 19.228704 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 18.15, "trend_reference": 19.479987, "distance_from_trend": -0.068275, "trend_direction": "Weakening", "fair_value": 20.955418, "distance_from_fair_value": -0.133876, "fair_value_direction": "Weakening", "relative_strength": -19.214946, "relative_strength_direction": "Improving", "price_momentum": -0.164957, "excess_performance": -0.107908, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.068275, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.067119, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.133876, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.096012, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.192149, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.043176, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.164957, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.533144, "read": "Supply-led" } ], "volume": { "latest": 62491800, "relative_activity": 2.408522, "balance": 0.533144, "dry_up": 1.24021, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.072402, "annualized_volatility": 0.360086, "from_high_reference": -0.315056, "from_low_reference": 0.095975 }, "levels": { "trend_reference": 19.479987, "fair_value_reference": 20.955418, "structural_low": 16.560592, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 2, "median_return": 0.018367, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.02068, "regime_survival": 0.0, "best_return": 0.192079, "worst_return": -0.155346, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 2, "median_return": 0.157173, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.077524, "regime_survival": 0.0, "best_return": 0.159629, "worst_return": 0.154717, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.338914, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.225279, "regime_survival": 0.0, "best_return": 0.405661, "worst_return": 0.272167, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, 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"rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 18.160676, "energy": 36.371993, "activity_lines": [ 20.189333, 19.760723, 19.2927, 19.328579 ] }, { "date": "2026-07-31", "close": 19.7, "volume": 19257800, "typical_volume": 24201675.0, "trend": 19.645675, "fair_value": 20.968577, "relative_strength": -15.772479, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.032666, "energy": 29.246037, "activity_lines": [ 20.040667, 19.81225, 19.362778, 19.325199 ] }, { "date": "2026-08-07", "close": 18.15, "volume": 62491800, "typical_volume": 25946120.0, "trend": 19.479987, "fair_value": 20.955418, "relative_strength": -19.214946, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -13.800049, "energy": 10.426878, "activity_lines": [ 19.356667, 19.567091, 19.277703, 19.228704 ] } ], "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." } } }