{ "ticker": { "uuid": "727a60a3-3fa3-4c26-82b1-564a1e6b2553", "symbol": "TEND3", "name": "Construtora Tenda 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": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 25.462, "architecture_energy": 23.95, "architecture_maturity": 95.622, "architecture_confidence": 92.981, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 43.07, "rotation_up": 23.97, "upward_expansion": 51.12, "deceleration": 88.2, "rotation_down": 44.9, "downward_expansion": 28.45 }, "activity_lines": [ 31.828, 32.980909, 32.583, 32.062602 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.166667 }, "latest_close": 33.630001, "trend_reference": 31.055, "distance_from_trend": 0.082917, "trend_direction": "Improving", "fair_value": 18.313149, "distance_from_fair_value": 0.836385, "fair_value_direction": "Weakening", "relative_strength": 16.767074, "relative_strength_direction": "Improving", "price_momentum": 0.132323, "excess_performance": 0.189372, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.082917, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.107664, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.836385, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.00405, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.167671, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.139586, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.132323, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.060737, "read": "Demand-led" } ], "volume": { "latest": 17753200, "relative_activity": 1.744025, "balance": 1.060737, "dry_up": 1.202343, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.095954, "annualized_volatility": 0.474738, "from_high_reference": -0.110082, "from_low_reference": 0.701582 }, "levels": { "trend_reference": 31.055, "fair_value_reference": 18.313149, "structural_low": 26.93, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 28, "median_return": 0.011747, "positive_rate": 0.607143, "directional_follow_through": 0.607143, "median_excess_return": -0.004035, "regime_survival": 0.714286, "best_return": 0.487064, "worst_return": -0.300742, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": 0.114323, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": 0.062711, "regime_survival": 0.6, "best_return": 0.881649, "worst_return": -0.203313, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.134227, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": 0.171875, "regime_survival": 0.2, "best_return": 0.863456, "worst_return": -0.143072, "sufficient": true }, { "horizon": "Full cycle", 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"direction": 62.092652, "energy": 70.838342, "activity_lines": [ 35.831333, 34.309636, 32.774952, 31.827032 ] }, { "date": "2026-07-17", "close": 31.67, "volume": 9955500, "typical_volume": 10074655.0, "trend": 30.352, "fair_value": 17.941564, "relative_strength": 10.135986, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.195706, "energy": 43.680228, "activity_lines": [ 34.564667, 34.059636, 32.763762, 31.930495 ] }, { "date": "2026-07-24", "close": 29.75, "volume": 10813700, "typical_volume": 9859665.0, "trend": 30.536667, "fair_value": 18.065158, "relative_strength": 3.027259, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 19.328985, "energy": 12.484897, "activity_lines": [ 32.824, 33.433818, 32.563, 31.891656 ] }, { "date": "2026-07-31", "close": 30.33, "volume": 10434300, "typical_volume": 9878515.0, "trend": 30.773667, "fair_value": 18.180872, "relative_strength": 2.559431, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 12.316167, "energy": 17.933865, "activity_lines": [ 31.558667, 32.902, 32.418952, 31.878323 ] }, { "date": "2026-08-07", "close": 33.630001, "volume": 17753200, "typical_volume": 10179440.0, "trend": 31.055, "fair_value": 18.313149, "relative_strength": 16.767074, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 25.461636, "energy": 23.949834, "activity_lines": [ 31.828, 32.980909, 32.583, 32.062602 ] } ], "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." } } }