{
  "ticker": {
    "uuid": "81745138-5aa0-483d-8b85-1238300a96a9",
    "symbol": "T1WL34",
    "name": "Twilio 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": "2c",
    "phase_label": "Stage 2C \u00b7 Late advance",
    "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": 86.509,
    "architecture_energy": 60.825,
    "architecture_maturity": 93.743,
    "architecture_confidence": 75.104,
    "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": 22.32,
        "rotation_up": 52.11,
        "upward_expansion": 80.78,
        "deceleration": 71.45,
        "rotation_down": 28.05,
        "downward_expansion": 9.78
      },
      "activity_lines": [
        43.253333,
        42.465272,
        39.891143,
        36.754946
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
    },
    "latest_close": 49.389999,
    "trend_reference": 32.814,
    "distance_from_trend": 0.50515,
    "trend_direction": "Improving",
    "fair_value": 21.832564,
    "distance_from_fair_value": 1.262217,
    "fair_value_direction": "Improving",
    "relative_strength": 60.621142,
    "relative_strength_direction": "Improving",
    "price_momentum": 1.078704,
    "excess_performance": 1.135752,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.50515,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.157052,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 1.262217,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.272161,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.606211,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.353655,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 1.078704,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.108773,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 4684,
      "relative_activity": 2.089206,
      "balance": 2.108773,
      "dry_up": 0.992752,
      "accumulation_observations": 3,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.073388,
      "annualized_volatility": 0.690308,
      "from_high_reference": -0.044866,
      "from_low_reference": 1.556418
    },
    "levels": {
      "trend_reference": 32.814,
      "fair_value_reference": 21.832564,
      "structural_low": 21.48,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 15,
        "median_return": -0.025846,
        "positive_rate": 0.4,
        "directional_follow_through": 0.4,
        "median_excess_return": 0.029007,
        "regime_survival": 0.733333,
        "best_return": 0.353925,
        "worst_return": -0.19214,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 6,
        "median_return": 0.027157,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.007174,
        "regime_survival": 0.5,
        "best_return": 0.820974,
        "worst_return": -0.18133,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": 0.08467,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.067451,
        "regime_survival": 0.5,
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        "worst_return": -0.155809,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.480843,
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        "median_excess_return": 0.363792,
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        "worst_return": 0.132942,
        "sufficient": false
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        "active": false
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        "regime": "deceleration",
        "label": "Deceleration",
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        "end": "2024-10-04",
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      },
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        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2025-04-04",
        "tenure": "Developing",
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        "regime": "rotation_down",
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        "active": false
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        "regime": "deceleration",
        "label": "Deceleration",
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        "return": 0.114644,
        "active": false
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        "regime": "rotation_up",
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        "regime": "balance",
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        "fair_value": 19.441667,
        "relative_strength": 25.255678,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 93.69352,
        "energy": 88.491255,
        "activity_lines": [
          31.51,
          29.245818,
          27.539,
          27.393828
        ]
      },
      {
        "date": "2026-05-15",
        "close": 40.75,
        "volume": 1648,
        "typical_volume": 2427.0,
        "trend": 27.672,
        "fair_value": 19.638654,
        "relative_strength": 36.381363,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 94.887761,
        "energy": 97.735784,
        "activity_lines": [
          35.301333,
          31.558364,
          28.838714,
          28.274215
        ]
      },
      {
        "date": "2026-05-22",
        "close": 36.799999,
        "volume": 4164,
        "typical_volume": 2550.55,
        "trend": 28.085667,
        "fair_value": 19.796474,
        "relative_strength": 23.588572,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.90065,
        "energy": 89.330594,
        "activity_lines": [
          36.643999,
          32.899454,
          29.715095,
          28.863118
        ]
      },
      {
        "date": "2026-05-29",
        "close": 37.689999,
        "volume": 1250,
        "typical_volume": 2569.8,
        "trend": 28.36,
        "fair_value": 19.951795,
        "relative_strength": 28.014387,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.700596,
        "energy": 89.509698,
        "activity_lines": [
          37.585333,
          34.206363,
          30.643143,
          29.482753
        ]
      },
      {
        "date": "2026-06-05",
        "close": 37.689999,
        "volume": 0,
        "typical_volume": 2318.15,
        "trend": 28.731,
        "fair_value": 20.113397,
        "relative_strength": 31.276074,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.340871,
        "energy": 88.342227,
        "activity_lines": [
          37.986666,
          35.316363,
          31.526,
          30.084688
        ]
      },
      {
        "date": "2026-06-12",
        "close": 41.490002,
        "volume": 14,
        "typical_volume": 2112.35,
        "trend": 29.236667,
        "fair_value": 20.298397,
        "relative_strength": 41.845681,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 86.228291,
        "energy": 83.433162,
        "activity_lines": [
          39.042,
          36.916,
          32.71519,
          30.907849
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      },
      {
        "date": "2026-06-19",
        "close": 39.32,
        "volume": 100,
        "typical_volume": 2048.5,
        "trend": 29.678667,
        "fair_value": 20.471987,
        "relative_strength": 35.74944,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.499228,
        "energy": 66.565171,
        "activity_lines": [
          39.187333,
          37.859636,
          33.626333,
          31.558387
        ]
      },
      {
        "date": "2026-06-26",
        "close": 39.439999,
        "volume": 7574,
        "typical_volume": 2315.4,
        "trend": 30.068667,
        "fair_value": 20.646154,
        "relative_strength": 31.98536,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.681778,
        "energy": 64.885347,
        "activity_lines": [
          39.468,
          38.542363,
          34.482714,
          32.18815
        ]
      },
      {
        "date": "2026-07-03",
        "close": 43.57,
        "volume": 0,
        "typical_volume": 1814.65,
        "trend": 30.619,
        "fair_value": 20.846923,
        "relative_strength": 43.960969,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.780083,
        "energy": 71.612094,
        "activity_lines": [
          40.949333,
          39.737636,
          35.657762,
          33.059204
        ]
      },
      {
        "date": "2026-07-10",
        "close": 45.799999,
        "volume": 2498,
        "typical_volume": 1933.3,
        "trend": 31.179333,
        "fair_value": 21.05782,
        "relative_strength": 47.096851,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.576086,
        "energy": 74.106188,
        "activity_lines": [
          42.782,
          41.084181,
          36.950809,
          34.038624
        ]
      },
      {
        "date": "2026-07-17",
        "close": 41.82,
        "volume": 1513,
        "typical_volume": 2000.85,
        "trend": 31.547667,
        "fair_value": 21.249487,
        "relative_strength": 37.180965,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.819616,
        "energy": 65.303306,
        "activity_lines": [
          42.747333,
          41.392545,
          37.756238,
          34.725118
        ]
      },
      {
        "date": "2026-07-24",
        "close": 37.59,
        "volume": 2635,
        "typical_volume": 2124.1,
        "trend": 31.772333,
        "fair_value": 21.412243,
        "relative_strength": 23.129741,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.330845,
        "energy": 57.483651,
        "activity_lines": [
          41.280666,
          40.874909,
          38.075857,
          35.114946
        ]
      },
      {
        "date": "2026-07-31",
        "close": 39.91,
        "volume": 71,
        "typical_volume": 2015.0,
        "trend": 32.107667,
        "fair_value": 21.591538,
        "relative_strength": 27.543766,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.218611,
        "energy": 43.228616,
        "activity_lines": [
          40.702667,
          40.836545,
          38.565143,
          35.639957
        ]
      },
      {
        "date": "2026-08-07",
        "close": 49.389999,
        "volume": 4684,
        "typical_volume": 2242.0,
        "trend": 32.814,
        "fair_value": 21.832564,
        "relative_strength": 60.621142,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.508728,
        "energy": 60.824658,
        "activity_lines": [
          43.253333,
          42.465272,
          39.891143,
          36.754946
        ]
      }
    ],
    "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."
    }
  }
}