{ "ticker": { "uuid": "73e702fa-8abc-400f-95b0-1768816dc685", "symbol": "USIM5", "name": "Usinas Sider\u00fargicas de Minas Gerais 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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 86.228, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "mixed", "architecture_direction": -33.265, "architecture_energy": 36.492, "architecture_maturity": 45.541, "architecture_confidence": 41.781, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 39.02, "rotation_up": 14.26, "upward_expansion": 21.86, "deceleration": 64.24, "rotation_down": 64.46, "downward_expansion": 37.86 }, "activity_lines": [ 7.702667, 8.206182, 8.714143, 8.380344 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 7.15, "trend_reference": 7.851333, "distance_from_trend": -0.089327, "trend_direction": "Improving", "fair_value": 6.71263, "distance_from_fair_value": 0.065156, "fair_value_direction": "Weakening", "relative_strength": 4.624845, "relative_strength_direction": "Weakening", "price_momentum": 0.147673, "excess_performance": 0.204721, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.089327, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.150379, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.065156, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.309189, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.046248, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.35052, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.147673, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.431571, "read": "Demand-led" } ], "volume": { "latest": 53185700, "relative_activity": 0.986248, "balance": 1.431571, "dry_up": 0.981338, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.144056, "annualized_volatility": 0.521846, "from_high_reference": -0.386266, "from_low_reference": 0.82398 }, "levels": { "trend_reference": 7.851333, "fair_value_reference": 6.71263, "structural_low": 5.94, "invalidation": "A decisive breakout 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}, { "date": "2026-07-31", "close": 7.36, "volume": 63973600, "typical_volume": 54041175.0, "trend": 7.831333, "fair_value": 6.709863, "relative_strength": 4.832678, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -12.048279, "energy": 24.894991, "activity_lines": [ 8.072, 8.578364, 8.844714, 8.424301 ] }, { "date": "2026-08-07", "close": 7.15, "volume": 53185700, "typical_volume": 53927300.0, "trend": 7.851333, "fair_value": 6.71263, "relative_strength": 4.624845, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -33.264556, "energy": 36.491523, "activity_lines": [ 7.702667, 8.206182, 8.714143, 8.380344 ] } ], "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." } } }