{ "ticker": { "uuid": "9458f5e4-7271-4f10-8801-24f21b0bfce6", "symbol": "N1OV34", "name": "NOV 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": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 74.539, "architecture_energy": 49.8, "architecture_maturity": 32.5, "architecture_confidence": 76.697, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 22.91, "rotation_up": 58.95, "upward_expansion": 79.27, "deceleration": 67.98, "rotation_down": 26.0, "downward_expansion": 10.6 }, "activity_lines": [ 102.054002, 101.523352, 100.712411, 99.872103 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 103.800003, "trend_reference": 97.89743, "distance_from_trend": 0.060293, "trend_direction": "Improving", "fair_value": 88.856899, "distance_from_fair_value": 0.16817, "fair_value_direction": "Improving", "relative_strength": 15.881147, "relative_strength_direction": "Improving", "price_momentum": 0.210378, "excess_performance": 0.267426, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.060293, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.09231, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.16817, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.075855, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.158811, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.10559, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.210378, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.59633, "read": "Demand-led" } ], "volume": { "latest": 0, "relative_activity": 0.0, "balance": 1.59633, "dry_up": 0.209059, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.019325, "annualized_volatility": 0.302667, "from_high_reference": -0.019227, "from_low_reference": 0.637178 }, "levels": { "trend_reference": 97.89743, "fair_value_reference": 88.856899, "structural_low": 85.758362, "invalidation": "A 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79.685118, "energy": 92.876014, "activity_lines": [ 102.430299, 100.723178, 99.463116, 97.276265 ] }, { "date": "2026-06-26", "close": 102.849998, "volume": 0, "typical_volume": 24.95, "trend": 93.899433, "fair_value": 89.346677, "relative_strength": 15.366931, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.52672, "energy": 89.97236, "activity_lines": [ 102.784858, 101.359437, 99.86865, 97.922851 ] }, { "date": "2026-07-03", "close": 102.849998, "volume": 0, "typical_volume": 9.85, "trend": 94.961322, "fair_value": 89.278018, "relative_strength": 14.327246, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.519372, "energy": 69.57675, "activity_lines": [ 102.828285, 101.889335, 100.192795, 98.500307 ] }, { "date": "2026-07-10", "close": 96.209999, "volume": 103, "typical_volume": 15.0, "trend": 95.801878, "fair_value": 89.166794, "relative_strength": 4.817519, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": 25.333811, "energy": 38.055835, "activity_lines": [ 100.636665, 101.080302, 99.867472, 98.580867 ] }, { "date": "2026-07-17", "close": 94.5, "volume": 6, "typical_volume": 15.05, "trend": 96.093266, "fair_value": 89.044609, "relative_strength": 5.484707, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -4.669541, "energy": 26.699332, "activity_lines": [ 98.295999, 99.949255, 99.393822, 98.496874 ] }, { "date": "2026-07-24", "close": 103.800003, "volume": 6, "typical_volume": 14.35, "trend": 96.694654, "fair_value": 88.982039, "relative_strength": 15.49515, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 55.538093, "energy": 35.673878, "activity_lines": [ 99.612, 100.576081, 99.859173, 98.994083 ] }, { "date": "2026-07-31", "close": 103.800003, "volume": 0, "typical_volume": 14.35, "trend": 97.296042, "fair_value": 88.919469, "relative_strength": 12.854159, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.124492, "energy": 33.03208, "activity_lines": [ 100.864668, 101.10078, 100.298181, 99.452493 ] }, { "date": "2026-08-07", "close": 103.800003, "volume": 0, "typical_volume": 14.35, "trend": 97.89743, "fair_value": 88.856899, "relative_strength": 15.881147, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 74.538724, "energy": 49.80023, "activity_lines": [ 102.054002, 101.523352, 100.712411, 99.872103 ] } ], "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." } } }