{ "ticker": { "uuid": "88d888ea-a516-44f1-8dfb-7cec942df187", "symbol": "FPAB11", "name": "Fundo de Investimento Imobili\u00e1rio Projeto \u00c1gua Branca", "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": 4, "stage_name": "Declining", "phase": "4c", "phase_label": "Stage 4C \u00b7 Repair watch", "transition": "stage_4_to_1_watch", "transition_label": "Stage 4 \u2192 1 repair watch", "confidence": 55.94, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -55.826, "architecture_energy": 58.268, "architecture_maturity": 5.2, "architecture_confidence": 81.543, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 19.07, "rotation_up": 11.76, "upward_expansion": 12.75, "deceleration": 38.06, "rotation_down": 61.4, "downward_expansion": 83.75 }, "activity_lines": [ 196.672001, 198.115571, 199.544979, 200.663368 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 199.0, "trend_reference": 202.031637, "distance_from_trend": -0.015006, "trend_direction": "Improving", "fair_value": 181.963727, "distance_from_fair_value": 0.093625, "fair_value_direction": "Weakening", "relative_strength": -4.478964, "relative_strength_direction": "Improving", "price_momentum": -0.056484, "excess_performance": 0.000564, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.015006, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.000103, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.093625, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.047949, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.04479, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.078918, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.056484, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 7.613546, "read": "Demand-led" } ], "volume": { "latest": 641, "relative_activity": 0.180882, "balance": 7.613546, "dry_up": 0.060882, "accumulation_observations": 0, "distribution_observations": 0 }, "risk": { "range_context": 0.024702, "annualized_volatility": 0.141643, "from_high_reference": -0.106883, "from_low_reference": 0.077408 }, "levels": { "trend_reference": 202.031637, "fair_value_reference": 181.963727, "structural_low": 193.0, 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"relative_strength": -7.916869, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -45.776476, "energy": 27.541952, "activity_lines": [ 200.868713, 200.973985, 201.498824, 202.272497 ] }, { "date": "2026-07-17", "close": 201.0, "volume": 57, "typical_volume": 4027.2, "trend": 203.060255, "fair_value": 180.982847, "relative_strength": -5.87911, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -42.609366, "energy": 19.372916, "activity_lines": [ 200.881914, 200.955976, 201.380235, 202.126427 ] }, { "date": "2026-07-24", "close": 193.0, "volume": 137, "typical_volume": 4028.6, "trend": 202.589754, "fair_value": 181.342015, "relative_strength": -9.504521, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -70.465205, "energy": 46.640079, "activity_lines": [ 198.373333, 199.490007, 200.525844, 201.477378 ] }, { "date": "2026-07-31", "close": 193.020004, "volume": 28, "typical_volume": 4016.95, "trend": 202.04741, "fair_value": 181.622114, "relative_strength": -10.61729, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.60091, "energy": 63.386107, "activity_lines": [ 196.286668, 198.194126, 199.719006, 200.859975 ] }, { "date": "2026-08-07", "close": 199.0, "volume": 641, "typical_volume": 3543.75, "trend": 202.031637, "fair_value": 181.963727, "relative_strength": -4.478964, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.825991, "energy": 58.26835, "activity_lines": [ 196.672001, 198.115571, 199.544979, 200.663368 ] } ], "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." } } }