{ "ticker": { "uuid": "93aa9398-fb50-441f-a434-d27644a51f19", "symbol": "FLRP11", "name": "Fundo de Investimento Imobili\u00e1rio - FII Floripa Shopping", "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": 75.047, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -45.018, "architecture_energy": 21.121, "architecture_maturity": 13.041, "architecture_confidence": 71.39, "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": 44.13, "rotation_up": 22.33, "upward_expansion": 6.03, "deceleration": 51.33, "rotation_down": 38.73, "downward_expansion": 68.03 }, "activity_lines": [ 20.318357, 20.32011, 20.374262, 20.443088 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 20.440001, "trend_reference": 20.547342, "distance_from_trend": -0.005224, "trend_direction": "Improving", "fair_value": 18.240073, "distance_from_fair_value": 0.12061, "fair_value_direction": "Weakening", "relative_strength": -2.362315, "relative_strength_direction": "Improving", "price_momentum": -0.015113, "excess_performance": 0.041935, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.005224, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.003612, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.12061, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.019819, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.023623, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.111447, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.015113, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 3.927421, "read": "Demand-led" } ], "volume": { "latest": 1499, "relative_activity": 0.244703, "balance": 3.927421, "dry_up": 0.459328, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.02176, "annualized_volatility": 0.075719, "from_high_reference": -0.06082, "from_low_reference": 0.099935 }, "levels": { "trend_reference": 20.547342, "fair_value_reference": 18.240073, "structural_low": 19.077463, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 12, "median_return": 0.005159, "positive_rate": 0.583333, "directional_follow_through": 0.416667, "median_excess_return": 0.004522, "regime_survival": 0.75, "best_return": 0.035047, "worst_return": -0.040703, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.00103, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": 0.060619, "regime_survival": 0.6, "best_return": 0.064256, "worst_return": -0.040832, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.011925, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": 0.032002, "regime_survival": 0.333333, "best_return": 0.299138, "worst_return": -0.017727, "sufficient": false }, { 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"fair_value": 18.175171, "relative_strength": -5.093582, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.433827, "energy": 38.398645, "activity_lines": [ 20.252664, 20.298941, 20.388036, 20.469328 ] }, { "date": "2026-07-31", "close": 20.339927, "volume": 1846, "typical_volume": 6480.9, "trend": 20.585955, "fair_value": 18.209575, "relative_strength": -6.179963, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.07942, "energy": 36.616309, "activity_lines": [ 20.26316, 20.299875, 20.376291, 20.452504 ] }, { "date": "2026-08-07", "close": 20.440001, "volume": 1499, "typical_volume": 6125.8, "trend": 20.547342, "fair_value": 18.240073, "relative_strength": -2.362315, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.017546, "energy": 21.120693, "activity_lines": [ 20.318357, 20.32011, 20.374262, 20.443088 ] } ], "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." } } }