{ "ticker": { "uuid": "922c6837-cdcd-48db-b9cb-968018d3a52e", "symbol": "GOAU4", "name": "Metalurgica Gerdau 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": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 73.236, "architecture_energy": 78.94, "architecture_maturity": 15.171, "architecture_confidence": 83.8, "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": 7.98, "rotation_up": 77.88, "upward_expansion": 93.32, "deceleration": 41.99, "rotation_down": 12.24, "downward_expansion": 19.99 }, "activity_lines": [ 10.764, 10.412182, 10.19287, 9.906655 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 11.01, "trend_reference": 9.660986, "distance_from_trend": 0.139635, "trend_direction": "Improving", "fair_value": 7.627042, "distance_from_fair_value": 0.443548, "fair_value_direction": "Improving", "relative_strength": 20.753709, "relative_strength_direction": "Improving", "price_momentum": 0.129773, "excess_performance": 0.186822, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.139635, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.065909, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.443548, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.044612, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.207537, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.083438, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.129773, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.119109, "read": "Demand-led" } ], "volume": { "latest": 51859400, "relative_activity": 1.6924, "balance": 2.119109, "dry_up": 0.983681, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.052803, "annualized_volatility": 0.331442, "from_high_reference": -0.047578, "from_low_reference": 0.720512 }, "levels": { "trend_reference": 9.660986, "fair_value_reference": 7.627042, "structural_low": 7.530471, "invalidation": 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"volume": 18346800, "typical_volume": 33189005.0, "trend": 9.525095, "fair_value": 7.587655, "relative_strength": 15.535432, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 63.336879, "energy": 48.484361, "activity_lines": [ 10.240667, 10.096909, 9.946542, 9.725444 ] }, { "date": "2026-07-31", "close": 10.92, "volume": 24491500, "typical_volume": 30917480.0, "trend": 9.596143, "fair_value": 7.604574, "relative_strength": 16.729478, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.902855, "energy": 74.135137, "activity_lines": [ 10.534667, 10.250909, 10.072499, 9.815438 ] }, { "date": "2026-08-07", "close": 11.01, "volume": 51859400, "typical_volume": 30642515.0, "trend": 9.660986, "fair_value": 7.627042, "relative_strength": 20.753709, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.235982, "energy": 78.939875, "activity_lines": [ 10.764, 10.412182, 10.19287, 9.906655 ] } ], "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." } } }