{ "ticker": { "uuid": "9aaec72e-06e2-4f20-8b1b-ee866f9eb3b4", "symbol": "MILS3", "name": "Mills Loca\u00e7\u00e3o, Servi\u00e7os e Log\u00edstica 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": 67.076, "architecture_energy": 63.287, "architecture_maturity": 46.649, "architecture_confidence": 96, "architecture_tenure": "Developing", "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": 3.68, "rotation_up": 56.87, "upward_expansion": 87.73, "deceleration": 53.73, "rotation_down": 28.31, "downward_expansion": 12.07 }, "activity_lines": [ 15.575333, 15.500182, 14.888412, 14.388289 ], "activity_state": "Wide", "activity_direction": "Stable", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 15.6, "trend_reference": 13.885499, "distance_from_trend": 0.123474, "trend_direction": "Improving", "fair_value": 10.521411, "distance_from_fair_value": 0.482691, "fair_value_direction": "Improving", "relative_strength": 17.905843, "relative_strength_direction": "Improving", "price_momentum": 0.146109, "excess_performance": 0.203157, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.123474, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.090623, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.482691, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.202328, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.179058, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.214546, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.146109, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.980963, "read": "Demand-led" } ], "volume": { "latest": 3165100, "relative_activity": 0.818164, "balance": 2.980963, "dry_up": 0.943476, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.032594, "annualized_volatility": 0.263319, "from_high_reference": -0.02133, "from_low_reference": 0.554146 }, "levels": { "trend_reference": 13.885499, "fair_value_reference": 10.521411, "structural_low": 12.011543, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 29, "median_return": 0.017383, "positive_rate": 0.62069, "directional_follow_through": 0.62069, "median_excess_return": 0.003365, "regime_survival": 0.724138, "best_return": 0.262829, "worst_return": -0.258042, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 12, "median_return": -0.004927, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.015342, "regime_survival": 0.5, "best_return": 0.460439, "worst_return": -0.283446, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.155417, "positive_rate": 0.571429, "directional_follow_through": 0.571429, "median_excess_return": 0.03151, "regime_survival": 0.428571, "best_return": 0.472507, "worst_return": -0.366555, "sufficient": true }, { "horizon": "Full 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15.434667, 15.243636, 14.403541, 14.020099 ] }, { "date": "2026-07-24", "close": 15.43, "volume": 2635400, "typical_volume": 3879150.0, "trend": 13.68917, "fair_value": 10.452207, "relative_strength": 16.447787, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.238621, "energy": 63.518865, "activity_lines": [ 15.44, 15.348727, 14.562278, 14.138712 ] }, { "date": "2026-07-31", "close": 15.75, "volume": 5565600, "typical_volume": 4019745.0, "trend": 13.792395, "fair_value": 10.486461, "relative_strength": 15.825911, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.577131, "energy": 68.102398, "activity_lines": [ 15.541333, 15.462182, 14.739947, 14.271669 ] }, { "date": "2026-08-07", "close": 15.6, "volume": 3165100, "typical_volume": 3868540.0, "trend": 13.885499, "fair_value": 10.521411, "relative_strength": 17.905843, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.075777, "energy": 63.286808, "activity_lines": [ 15.575333, 15.500182, 14.888412, 14.388289 ] } ], "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." } } }