{
  "ticker": {
    "uuid": "52dae7c3-760d-4a0f-b7f1-f184c3eb4ce6",
    "symbol": "LOGN3",
    "name": "Log-In Log\u00edstica Intermodal 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": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -43.92,
    "architecture_energy": 35.283,
    "architecture_maturity": 75.289,
    "architecture_confidence": 80.39,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 34.87,
        "rotation_up": 26.78,
        "upward_expansion": 17.2,
        "deceleration": 46.34,
        "rotation_down": 33.43,
        "downward_expansion": 62.53
      },
      "activity_lines": [
        28.03,
        27.910909,
        28.607762,
        29.396108
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.166667
    },
    "latest_close": 28.0,
    "trend_reference": 30.409667,
    "distance_from_trend": -0.07924,
    "trend_direction": "Weakening",
    "fair_value": 31.607564,
    "distance_from_fair_value": -0.114136,
    "fair_value_direction": "Weakening",
    "relative_strength": -10.494089,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.125,
    "excess_performance": -0.067952,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.07924,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.065669,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.114136,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.021027,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.104941,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.017067,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.125,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.992533,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 49700,
      "relative_activity": 0.854539,
      "balance": 0.992533,
      "dry_up": 0.911709,
      "accumulation_observations": 3,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.043214,
      "annualized_volatility": 0.116218,
      "from_high_reference": -0.302615,
      "from_low_reference": 0.215805
    },
    "levels": {
      "trend_reference": 30.409667,
      "fair_value_reference": 31.607564,
      "structural_low": 26.41,
      "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": 16,
        "median_return": -0.004222,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.002267,
        "regime_survival": 0.75,
        "best_return": 0.240681,
        "worst_return": -0.255947,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 7,
        "median_return": 0.014642,
        "positive_rate": 0.571429,
        "directional_follow_through": 0.428571,
        "median_excess_return": -0.011707,
        "regime_survival": 0.714286,
        "best_return": 0.188142,
        "worst_return": -0.443982,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": -0.147183,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.18449,
        "regime_survival": 0.666667,
        "best_return": 0.051651,
        "worst_return": -0.339494,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": -0.11551,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.251394,
        "regime_survival": 0.5,
        "best_return": 0.074358,
        "worst_return": -0.305378,
        "sufficient": false
      }
    ],
    "ledger": [
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        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2024-06-21",
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        "return": -0.146341,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-06-28",
        "end": "2024-07-05",
        "tenure": "New",
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      },
      {
        "regime": "balance",
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        "active": false
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      {
        "regime": "rotation_up",
        "label": "Rotation Up",
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      },
      {
        "regime": "balance",
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        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-09-06",
        "end": "2025-03-07",
        "tenure": "Extended",
        "return": -0.40599,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2025-04-18",
        "tenure": "Developing",
        "return": -0.011628,
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      },
      {
        "regime": "balance",
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        "color": "blue",
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        "tenure": "New",
        "return": 0.01618,
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      {
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        "return": 0.002028,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "end": "2025-08-15",
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        "return": -0.018004,
        "active": false
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      {
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      {
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        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -25.819602,
        "energy": 27.363321,
        "activity_lines": [
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      },
      {
        "date": "2026-05-01",
        "close": 30.9,
        "volume": 37800,
        "typical_volume": 109250.0,
        "trend": 32.289333,
        "fair_value": 33.47359,
        "relative_strength": -11.891679,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -41.206719,
        "energy": 47.192103,
        "activity_lines": [
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      },
      {
        "date": "2026-05-08",
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        "volume": 115600,
        "typical_volume": 106500.0,
        "trend": 32.481333,
        "fair_value": 33.366731,
        "relative_strength": -12.200767,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.933622,
        "energy": 68.995888,
        "activity_lines": [
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      },
      {
        "date": "2026-05-15",
        "close": 30.5,
        "volume": 92500,
        "typical_volume": 104880.0,
        "trend": 32.594666,
        "fair_value": 33.241731,
        "relative_strength": -8.050252,
        "stage": 1,
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        "modifier": "Early contraction",
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        "direction": -65.545234,
        "energy": 64.937775,
        "activity_lines": [
          30.747333,
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        ]
      },
      {
        "date": "2026-05-22",
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        "volume": 66300,
        "typical_volume": 106570.0,
        "trend": 32.655333,
        "fair_value": 33.111795,
        "relative_strength": -9.369929,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.792763,
        "energy": 72.693141,
        "activity_lines": [
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      },
      {
        "date": "2026-05-29",
        "close": 29.75,
        "volume": 79100,
        "typical_volume": 103980.0,
        "trend": 32.547,
        "fair_value": 32.975385,
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        "modifier": "Early contraction",
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        "direction": -69.989468,
        "energy": 72.297765,
        "activity_lines": [
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      },
      {
        "date": "2026-06-05",
        "close": 28.5,
        "volume": 34400,
        "typical_volume": 99960.0,
        "trend": 32.372,
        "fair_value": 32.847308,
        "relative_strength": -9.473887,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -82.377147,
        "energy": 77.038639,
        "activity_lines": [
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      },
      {
        "date": "2026-06-12",
        "close": 28.15,
        "volume": 9100,
        "typical_volume": 90815.0,
        "trend": 32.171666,
        "fair_value": 32.71282,
        "relative_strength": -11.494386,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -81.301694,
        "energy": 83.19841,
        "activity_lines": [
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      },
      {
        "date": "2026-06-19",
        "close": 26.93,
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        "typical_volume": 81555.0,
        "trend": 31.934333,
        "fair_value": 32.559359,
        "relative_strength": -13.811994,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
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        "direction": -86.981916,
        "energy": 89.692512,
        "activity_lines": [
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      },
      {
        "date": "2026-06-26",
        "close": 27.389999,
        "volume": 6900,
        "typical_volume": 71985.0,
        "trend": 31.547333,
        "fair_value": 32.405961,
        "relative_strength": -14.482614,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.729584,
        "energy": 87.263646,
        "activity_lines": [
          27.724666,
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          30.582107
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      },
      {
        "date": "2026-07-03",
        "close": 27.85,
        "volume": 23200,
        "typical_volume": 64180.0,
        "trend": 31.321,
        "fair_value": 32.251538,
        "relative_strength": -13.314774,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.794908,
        "energy": 80.002048,
        "activity_lines": [
          27.626666,
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      },
      {
        "date": "2026-07-10",
        "close": 28.0,
        "volume": 165700,
        "typical_volume": 69230.0,
        "trend": 31.126,
        "fair_value": 32.119359,
        "relative_strength": -14.322364,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.702115,
        "energy": 65.056648,
        "activity_lines": [
          27.705333,
          28.172545,
          29.353,
          30.129312
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      },
      {
        "date": "2026-07-17",
        "close": 27.950001,
        "volume": 64000,
        "typical_volume": 63145.0,
        "trend": 30.951,
        "fair_value": 31.983846,
        "relative_strength": -12.106403,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.140005,
        "energy": 53.236489,
        "activity_lines": [
          27.800667,
          28.032909,
          29.130762,
          29.924409
        ]
      },
      {
        "date": "2026-07-24",
        "close": 27.85,
        "volume": 27800,
        "typical_volume": 59945.0,
        "trend": 30.758,
        "fair_value": 31.851795,
        "relative_strength": -12.352595,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.46312,
        "energy": 47.138427,
        "activity_lines": [
          27.876,
          27.917091,
          28.919476,
          29.724344
        ]
      },
      {
        "date": "2026-07-31",
        "close": 28.25,
        "volume": 70600,
        "typical_volume": 58735.0,
        "trend": 30.579667,
        "fair_value": 31.724551,
        "relative_strength": -12.762727,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.347355,
        "energy": 38.004152,
        "activity_lines": [
          28.023334,
          27.922182,
          28.766238,
          29.562538
        ]
      },
      {
        "date": "2026-08-07",
        "close": 28.0,
        "volume": 49700,
        "typical_volume": 58160.0,
        "trend": 30.409667,
        "fair_value": 31.607564,
        "relative_strength": -10.494089,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -43.920262,
        "energy": 35.282946,
        "activity_lines": [
          28.03,
          27.910909,
          28.607762,
          29.396108
        ]
      }
    ],
    "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."
    }
  }
}