{ "ticker": { "uuid": "b14b1fe6-2db9-4aea-bb61-c937c0f07a7b", "symbol": "COWC34", "name": "Costco Wholesale Corporation", "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": 4, "stage_name": "Declining", "phase": "4c", "phase_label": "Stage 4C \u00b7 Repair watch", "transition": "stage_4_to_1_watch", "transition_label": "Stage 4 \u2192 1 repair watch", "confidence": 49.622, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -50.732, "architecture_energy": 30.386, "architecture_maturity": 16.396, "architecture_confidence": 82.826, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 33.19, "rotation_up": 19.76, "upward_expansion": 3.23, "deceleration": 52.72, "rotation_down": 46.22, "downward_expansion": 74.23 }, "activity_lines": [ 119.719347, 120.35122, 122.150166, 123.679551 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 119.879997, "trend_reference": 125.432744, "distance_from_trend": -0.044269, "trend_direction": "Improving", "fair_value": 116.364015, "distance_from_fair_value": 0.030215, "fair_value_direction": "Weakening", "relative_strength": -7.810577, "relative_strength_direction": "Improving", "price_momentum": -0.070923, "excess_performance": -0.013875, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.044269, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.00147, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.030215, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.076137, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.078106, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.115241, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.070923, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 4.322591, "read": "Demand-led" } ], "volume": { "latest": 5216, "relative_activity": 0.566599, "balance": 4.322591, "dry_up": 1.319386, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.055848, "annualized_volatility": 0.218887, "from_high_reference": -0.13743, "from_low_reference": 0.04273 }, "levels": { "trend_reference": 125.432744, "fair_value_reference": 116.364015, "structural_low": 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"typical_volume": 10999.55, "trend": 125.429524, "fair_value": 115.67136, "relative_strength": -10.910013, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.008665, "energy": 41.605415, "activity_lines": [ 119.670382, 120.812268, 122.941855, 124.348685 ] }, { "date": "2026-07-31", "close": 120.75, "volume": 9657, "typical_volume": 9349.95, "trend": 125.572045, "fair_value": 116.02571, "relative_strength": -10.642263, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.775033, "energy": 40.924663, "activity_lines": [ 119.785095, 120.590926, 122.55671, 124.04678 ] }, { "date": "2026-08-07", "close": 119.879997, "volume": 5216, "typical_volume": 9205.8, "trend": 125.432744, "fair_value": 116.364015, "relative_strength": -7.810577, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.732061, "energy": 30.386468, "activity_lines": [ 119.719347, 120.35122, 122.150166, 123.679551 ] } ], "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." } } }