{ "ticker": { "uuid": "6aa3d5cb-4f1b-440f-8f11-460f01431905", "symbol": "AMGN34", "name": "Amgen 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": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Value reclamation", "architecture_gate": "up", "architecture_direction": 83.573, "architecture_energy": 73.825, "architecture_maturity": 20.977, "architecture_confidence": 79.071, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The prior uptrend is attempting to re-accelerate.", "body": "Positive Trend survived a recompression and Fast Activity is strengthening again. Promotion requires renewed confirmation across the completed evidence set." }, "scores": { "balance": 27.51, "rotation_up": 75.67, "upward_expansion": 87.57, "deceleration": 46.91, "rotation_down": 9.84, "downward_expansion": 14.24 }, "activity_lines": [ 70.334667, 68.639454, 65.882995, 65.465216 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 74.220001, "trend_reference": 65.264929, "distance_from_trend": 0.137211, "trend_direction": "Improving", "fair_value": 57.01059, "distance_from_fair_value": 0.301863, "fair_value_direction": "Improving", "relative_strength": 15.247161, "relative_strength_direction": "Improving", "price_momentum": 0.06975, "excess_performance": 0.126798, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.137211, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.029529, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.301863, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.248644, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.152472, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.333909, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.06975, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.688605, "read": "Demand-led" } ], "volume": { "latest": 498, "relative_activity": 0.291988, "balance": 3.688605, "dry_up": 0.841371, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.050038, "annualized_volatility": 0.252674, "from_high_reference": -0.040607, "from_low_reference": 0.548706 }, "levels": { "trend_reference": 65.264929, "fair_value_reference": 57.01059, "structural_low": 52.810001, "invalidation": "A sustained loss 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[ 66.488666, 64.844678, 63.667922, 64.040536 ] }, { "date": "2026-07-17", "close": 66.699997, "volume": 3637, "typical_volume": 1919.4, "trend": 64.033169, "fair_value": 56.419385, "relative_strength": 2.478135, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.270042, "energy": 49.754345, "activity_lines": [ 66.817332, 65.484545, 63.916494, 64.217961 ] }, { "date": "2026-07-24", "close": 68.260002, "volume": 448, "typical_volume": 1914.1, "trend": 64.136086, "fair_value": 56.61493, "relative_strength": 4.983795, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 55.060662, "energy": 59.104362, "activity_lines": [ 67.493333, 66.241818, 64.33078, 64.49066 ] }, { "date": "2026-07-31", "close": 69.889999, "volume": 1157, "typical_volume": 1720.05, "trend": 64.86829, "fair_value": 56.808655, "relative_strength": 5.319262, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 42.921645, "energy": 39.559923, "activity_lines": [ 68.314666, 67.128545, 64.902396, 64.86188 ] }, { "date": "2026-08-07", "close": 74.220001, "volume": 498, "typical_volume": 1705.55, "trend": 65.264929, "fair_value": 57.01059, "relative_strength": 15.247161, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 83.573403, "energy": 73.825434, "activity_lines": [ 70.334667, 68.639454, 65.882995, 65.465216 ] } ], "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." } } }