{ "ticker": { "uuid": "a9d1b401-ba37-4cd6-9670-edf873d8bc35", "symbol": "BEES4", "name": "Banestes S.A - Banco do Estado do Esp\u00edrito Santo", "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": 70.529, "architecture_energy": 62.465, "architecture_maturity": 8.647, "architecture_confidence": 80.754, "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": 18.59, "rotation_up": 74.28, "upward_expansion": 90.19, "deceleration": 40.37, "rotation_down": 10.5, "downward_expansion": 12.19 }, "activity_lines": [ 9.015917, 8.90055, 8.820748, 8.775859 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 9.16, "trend_reference": 8.657147, "distance_from_trend": 0.058085, "trend_direction": "Improving", "fair_value": 7.583866, "distance_from_fair_value": 0.207827, "fair_value_direction": "Improving", "relative_strength": 8.002711, "relative_strength_direction": "Improving", "price_momentum": 0.122581, "excess_performance": 0.179629, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.058085, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.049739, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.207827, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.021183, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.080027, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.109853, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.122581, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.382812, "read": "Demand-led" } ], "volume": { "latest": 17600, "relative_activity": 1.160567, "balance": 1.382812, "dry_up": 0.97758, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.033852, "annualized_volatility": 0.133381, "from_high_reference": -0.035789, "from_low_reference": 0.306384 }, "levels": { "trend_reference": 8.657147, "fair_value_reference": 7.583866, "structural_low": 8.159767, "invalidation": "A 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44.195668, "energy": 22.317859, "activity_lines": [ 8.713372, 8.668227, 8.729248, 8.648117 ] }, { "date": "2026-07-10", "close": 8.772414, "volume": 23200, "typical_volume": 17945.0, "trend": 8.516566, "fair_value": 7.544332, "relative_strength": 0.075047, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.886697, "energy": 21.89183, "activity_lines": [ 8.748798, 8.686234, 8.734199, 8.667715 ] }, { "date": "2026-07-17", "close": 8.80232, "volume": 15000, "typical_volume": 17125.0, "trend": 8.550281, "fair_value": 7.552707, "relative_strength": 2.91188, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 38.784562, "energy": 27.407037, "activity_lines": [ 8.782845, 8.710214, 8.739642, 8.68615 ] }, { "date": "2026-07-24", "close": 8.872101, "volume": 16100, "typical_volume": 15795.0, "trend": 8.581771, "fair_value": 7.561958, "relative_strength": 3.606271, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 44.261244, "energy": 33.402299, "activity_lines": [ 8.826152, 8.748105, 8.751149, 8.706913 ] }, { "date": "2026-07-31", "close": 9.111349, "volume": 10600, "typical_volume": 14850.0, "trend": 8.620912, "fair_value": 7.572541, "relative_strength": 4.141603, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.424117, "energy": 56.774711, "activity_lines": [ 8.927261, 8.825149, 8.784756, 8.741079 ] }, { "date": "2026-08-07", "close": 9.16, "volume": 17600, "typical_volume": 15165.0, "trend": 8.657147, "fair_value": 7.583866, "relative_strength": 8.002711, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.528592, "energy": 62.464681, "activity_lines": [ 9.015917, 8.90055, 8.820748, 8.775859 ] } ], "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." } } }