{ "ticker": { "uuid": "9e2b6c1f-acb1-494a-b202-7c62e3cc5f50", "symbol": "GGB", "name": "Gerdau SA ADR", "exchange": "NYSE", "country": "US", "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": "SPY", "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": 67.174, "architecture_energy": 73.96, "architecture_maturity": 16.837, "architecture_confidence": 82.361, "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": 9.29, "rotation_up": 76.0, "upward_expansion": 92.04, "deceleration": 42.07, "rotation_down": 12.13, "downward_expansion": 18.71 }, "activity_lines": [ 4.860667, 4.656545, 4.570132, 4.411769 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 4.94, "trend_reference": 4.256905, "distance_from_trend": 0.160467, "trend_direction": "Improving", "fair_value": 3.36392, "distance_from_fair_value": 0.468525, "fair_value_direction": "Improving", "relative_strength": 14.879653, "relative_strength_direction": "Weakening", "price_momentum": 0.186546, "excess_performance": 0.060922, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.160467, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.083377, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.468525, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.013927, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.148797, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.112428, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.186546, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.267069, "read": "Demand-led" } ], "volume": { "latest": 72122489, "relative_activity": 0.836086, "balance": 1.267069, "dry_up": 0.862351, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 0.071734, "annualized_volatility": 0.430907, "from_high_reference": -0.046332, "from_low_reference": 0.782263 }, "levels": { "trend_reference": 4.256905, "fair_value_reference": 3.36392, "structural_low": 3.115522, "invalidation": "A 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4.513825, 4.365455 ] }, { "date": "2026-08-07", "close": 4.94, "volume": 72122489, "typical_volume": 86262083.0, "trend": 4.256905, "fair_value": 3.36392, "relative_strength": 14.879653, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.174145, "energy": 73.959988, "activity_lines": [ 4.860667, 4.656545, 4.570132, 4.411769 ] } ], "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." } } }