{
  "ticker": {
    "uuid": "abebbd1d-db0b-486a-841c-bce81eb72b2a",
    "symbol": "SEER3",
    "name": "Ser Educacional 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": 66.935,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Re-acceleration watch",
    "architecture_gate": "up",
    "architecture_direction": 37.972,
    "architecture_energy": 19.373,
    "architecture_maturity": 29.438,
    "architecture_confidence": 77.085,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The prior uptrend is attempting to re-accelerate.",
        "body": "Positive Trend survived a recompression and Fast Activity is strengthening again. Promotion requires renewed confirmation across the completed evidence set."
      },
      "scores": {
        "balance": 37.79,
        "rotation_up": 53.52,
        "upward_expansion": 70.52,
        "deceleration": 51.18,
        "rotation_down": 15.32,
        "downward_expansion": 9.19
      },
      "activity_lines": [
        11.922667,
        11.788,
        11.833468,
        11.823407
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.666667
    },
    "latest_close": 12.02,
    "trend_reference": 11.737176,
    "distance_from_trend": 0.024096,
    "trend_direction": "Improving",
    "fair_value": 7.543123,
    "distance_from_fair_value": 0.593504,
    "fair_value_direction": "Weakening",
    "relative_strength": 8.020505,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.00159,
    "excess_performance": 0.055458,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.024096,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.071598,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.593504,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.33902,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.080205,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.062665,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.00159,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.44814,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 3302700,
      "relative_activity": 0.884275,
      "balance": 0.44814,
      "dry_up": 0.829809,
      "accumulation_observations": 0,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.071611,
      "annualized_volatility": 0.501607,
      "from_high_reference": -0.149328,
      "from_low_reference": 0.544009
    },
    "levels": {
      "trend_reference": 11.737176,
      "fair_value_reference": 7.543123,
      "structural_low": 9.511695,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 13,
        "median_return": 0.066368,
        "positive_rate": 0.538462,
        "directional_follow_through": 0.538462,
        "median_excess_return": 0.018826,
        "regime_survival": 0.461538,
        "best_return": 0.393721,
        "worst_return": -0.185778,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 7,
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        "positive_rate": 0.571429,
        "directional_follow_through": 0.571429,
        "median_excess_return": -0.021359,
        "regime_survival": 0.142857,
        "best_return": 0.251191,
        "worst_return": -0.306214,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": 0.036875,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.015163,
        "regime_survival": 0.0,
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        "worst_return": -0.275303,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.014852,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
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        "worst_return": -0.578016,
        "sufficient": false
      }
    ],
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        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
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        "end": "2025-01-10",
        "tenure": "New",
        "return": -0.053572,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-01-17",
        "end": "2025-04-04",
        "tenure": "Developing",
        "return": 0.134832,
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      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "return": 0.125237,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
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        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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      },
      {
        "regime": "deceleration",
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        "active": false
      },
      {
        "regime": "upward_expansion",
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      },
      {
        "regime": "balance",
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        "active": false
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      },
      {
        "date": "2026-04-17",
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      },
      {
        "date": "2026-04-24",
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      {
        "date": "2026-05-01",
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      },
      {
        "date": "2026-05-08",
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      },
      {
        "date": "2026-05-15",
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      },
      {
        "date": "2026-05-22",
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      },
      {
        "date": "2026-05-29",
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      },
      {
        "date": "2026-06-05",
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      },
      {
        "date": "2026-06-12",
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        "relative_strength": 1.77013,
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      },
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        "date": "2026-06-19",
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      },
      {
        "date": "2026-06-26",
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        "fair_value": 7.293041,
        "relative_strength": 0.993008,
        "stage": 2,
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        "modifier": "Momentum cooling",
        "gate": "mixed",
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        "energy": 29.898681,
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      },
      {
        "date": "2026-07-03",
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        "typical_volume": 4078600.0,
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        "relative_strength": 8.384924,
        "stage": 2,
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      },
      {
        "date": "2026-07-10",
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        "typical_volume": 4119770.0,
        "trend": 11.403787,
        "fair_value": 7.383292,
        "relative_strength": 7.115891,
        "stage": 2,
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        "direction": 31.598746,
        "energy": 15.820585,
        "activity_lines": [
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      },
      {
        "date": "2026-07-17",
        "close": 11.89,
        "volume": 4026300,
        "typical_volume": 4103850.0,
        "trend": 11.500428,
        "fair_value": 7.424208,
        "relative_strength": 6.905131,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.885953,
        "energy": 19.334827,
        "activity_lines": [
          11.845333,
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          11.770162
        ]
      },
      {
        "date": "2026-07-24",
        "close": 11.41,
        "volume": 2773800,
        "typical_volume": 3952325.0,
        "trend": 11.574316,
        "fair_value": 7.463795,
        "relative_strength": 2.149034,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 23.608499,
        "energy": 18.471604,
        "activity_lines": [
          11.756,
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          11.764328
        ]
      },
      {
        "date": "2026-07-31",
        "close": 12.14,
        "volume": 2294300,
        "typical_volume": 3815990.0,
        "trend": 11.669966,
        "fair_value": 7.503181,
        "relative_strength": 5.957663,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 39.489159,
        "energy": 22.810479,
        "activity_lines": [
          11.892667,
          11.704545,
          11.825456,
          11.800824
        ]
      },
      {
        "date": "2026-08-07",
        "close": 12.02,
        "volume": 3302700,
        "typical_volume": 3734925.0,
        "trend": 11.737176,
        "fair_value": 7.543123,
        "relative_strength": 8.020505,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 37.972002,
        "energy": 19.373184,
        "activity_lines": [
          11.922667,
          11.788,
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          11.823407
        ]
      }
    ],
    "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."
    }
  }
}