{
  "ticker": {
    "uuid": "8482c08d-a799-48f5-816c-22bc0c66fb3a",
    "symbol": "S2NW34",
    "name": "Snowflake 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": "Re-accelerating",
    "architecture_gate": "up",
    "architecture_direction": 92.637,
    "architecture_energy": 90.026,
    "architecture_maturity": 28.0,
    "architecture_confidence": 78.983,
    "architecture_tenure": "New",
    "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": 7.82,
        "rotation_up": 85.74,
        "upward_expansion": 97.19,
        "deceleration": 41.13,
        "rotation_down": 11.07,
        "downward_expansion": 19.19
      },
      "activity_lines": [
        37.836666,
        35.426545,
        30.869905,
        28.211527
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 1.0
    },
    "latest_close": 42.299999,
    "trend_reference": 25.876666,
    "distance_from_trend": 0.634677,
    "trend_direction": "Improving",
    "fair_value": 24.108141,
    "distance_from_fair_value": 0.754594,
    "fair_value_direction": "Improving",
    "relative_strength": 41.983826,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.907123,
    "excess_performance": 0.964172,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.634677,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.025414,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.754594,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.952039,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.419838,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.85814,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.907123,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 5.628048,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 1512297,
      "relative_activity": 5.682425,
      "balance": 5.628048,
      "dry_up": 1.850862,
      "accumulation_observations": 2,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.082651,
      "annualized_volatility": 0.771128,
      "from_high_reference": -0.005642,
      "from_low_reference": 1.842742
    },
    "levels": {
      "trend_reference": 25.876666,
      "fair_value_reference": 24.108141,
      "structural_low": 14.88,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 17,
        "median_return": -0.020501,
        "positive_rate": 0.470588,
        "directional_follow_through": 0.470588,
        "median_excess_return": -0.039816,
        "regime_survival": 0.647059,
        "best_return": 0.139442,
        "worst_return": -0.303147,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 6,
        "median_return": -0.05174,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.098191,
        "regime_survival": 0.333333,
        "best_return": 0.276735,
        "worst_return": -0.179147,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": 0.036079,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.099725,
        "regime_survival": 0.25,
        "best_return": 0.070769,
        "worst_return": -0.227869,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": -0.035266,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.202392,
        "regime_survival": 0.0,
        "best_return": 0.122178,
        "worst_return": -0.192711,
        "sufficient": false
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        "active": false
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        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2025-04-04",
        "tenure": "New",
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      {
        "regime": "rotation_down",
        "label": "Rotation Down",
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        "return": 0.061225,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
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        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
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        "active": false
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      {
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        "active": false
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        "regime": "upward_expansion",
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        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
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      },
      {
        "date": "2026-05-08",
        "close": 18.65,
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        "typical_volume": 184530.65,
        "trend": 26.259666,
        "fair_value": 23.238269,
        "relative_strength": -43.830128,
        "stage": 4,
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        "modifier": "Established contraction",
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        "energy": 60.450823,
        "activity_lines": [
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      },
      {
        "date": "2026-05-15",
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        "typical_volume": 195554.05,
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        "stage": 4,
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        "energy": 47.110302,
        "activity_lines": [
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      },
      {
        "date": "2026-05-22",
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        "typical_volume": 207411.6,
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        "stage": 4,
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        "direction": -44.206752,
        "energy": 32.446511,
        "activity_lines": [
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      },
      {
        "date": "2026-05-29",
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        "typical_volume": 227609.2,
        "trend": 25.235333,
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        "relative_strength": 4.27897,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
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        "activity_lines": [
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      },
      {
        "date": "2026-06-05",
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        "volume": 118398,
        "typical_volume": 232951.45,
        "trend": 25.082666,
        "fair_value": 23.369231,
        "relative_strength": 2.352058,
        "stage": 3,
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        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": 45.619309,
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        "activity_lines": [
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      },
      {
        "date": "2026-06-12",
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        "typical_volume": 238045.2,
        "trend": 24.915333,
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        "relative_strength": -2.280241,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
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      },
      {
        "date": "2026-06-19",
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      },
      {
        "date": "2026-06-26",
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        "typical_volume": 236633.55,
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        "fair_value": 23.531602,
        "relative_strength": 4.524418,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 47.787671,
        "energy": 78.453171,
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          30.544,
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          24.022688
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      },
      {
        "date": "2026-07-03",
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        "volume": 470,
        "typical_volume": 233408.25,
        "trend": 24.834667,
        "fair_value": 23.607756,
        "relative_strength": 9.675517,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 54.381304,
        "energy": 77.641538,
        "activity_lines": [
          31.374,
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      },
      {
        "date": "2026-07-10",
        "close": 33.32,
        "volume": 193289,
        "typical_volume": 242892.4,
        "trend": 24.96,
        "fair_value": 23.679487,
        "relative_strength": 8.35063,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 77.800715,
        "energy": 85.394987,
        "activity_lines": [
          32.19,
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          26.16819,
          25.109871
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      },
      {
        "date": "2026-07-17",
        "close": 34.529999,
        "volume": 87695,
        "typical_volume": 186065.85,
        "trend": 25.084333,
        "fair_value": 23.757884,
        "relative_strength": 15.336219,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.499183,
        "energy": 88.048812,
        "activity_lines": [
          33.218666,
          31.599454,
          27.177381,
          25.72729
        ]
      },
      {
        "date": "2026-07-24",
        "close": 33.970001,
        "volume": 268528,
        "typical_volume": 194256.15,
        "trend": 25.172667,
        "fair_value": 23.843205,
        "relative_strength": 13.674471,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.615528,
        "energy": 80.553146,
        "activity_lines": [
          33.714,
          32.400545,
          28.073476,
          26.300559
        ]
      },
      {
        "date": "2026-07-31",
        "close": 37.94,
        "volume": 101803,
        "typical_volume": 193604.0,
        "trend": 25.447333,
        "fair_value": 23.956474,
        "relative_strength": 24.159188,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 85.920033,
        "energy": 84.113746,
        "activity_lines": [
          35.263333,
          33.665636,
          29.29819,
          27.124258
        ]
      },
      {
        "date": "2026-08-07",
        "close": 42.299999,
        "volume": 1512297,
        "typical_volume": 266135.85,
        "trend": 25.876666,
        "fair_value": 24.108141,
        "relative_strength": 41.983826,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 92.636981,
        "energy": 90.026081,
        "activity_lines": [
          37.836666,
          35.426545,
          30.869905,
          28.211527
        ]
      }
    ],
    "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."
    }
  }
}