{ "ticker": { "uuid": "b4282044-d791-4798-978d-712f776956bd", "symbol": "BKNG34", "name": "Booking Holdings Inc.", "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": 1, "stage_name": "Basing", "phase": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 54.135, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Structural repair", "architecture_gate": "mixed", "architecture_direction": 55.135, "architecture_energy": 57.729, "architecture_maturity": 17.133, "architecture_confidence": 67.947, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 26.13, "rotation_up": 64.82, "upward_expansion": 55.78, "deceleration": 28.78, "rotation_down": 18.24, "downward_expansion": 18.78 }, "activity_lines": [ 5.632, 5.469636, 5.227239, 5.178355 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 6.2, "trend_reference": 5.213768, "distance_from_trend": 0.189159, "trend_direction": "Weakening", "fair_value": 5.344209, "distance_from_fair_value": 0.160134, "fair_value_direction": "Improving", "relative_strength": 2.069012, "relative_strength_direction": "Improving", "price_momentum": 0.181251, "excess_performance": 0.2383, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.189159, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.064978, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.160134, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.26373, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.02069, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.399322, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.181251, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.101629, "read": "Demand-led" } ], "volume": { "latest": 381920, "relative_activity": 0.829212, "balance": 3.101629, "dry_up": 0.672991, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.069701, "annualized_volatility": 0.421478, "from_high_reference": -0.135221, "from_low_reference": 0.427857 }, "levels": { "trend_reference": 5.213768, "fair_value_reference": 5.344209, "structural_low": 4.342172, "invalidation": "A renewed decline 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decline", "gate": "mixed", "direction": 15.939788, "energy": 28.647405, "activity_lines": [ 5.336, 5.184698, 5.062047, 5.108508 ] }, { "date": "2026-07-24", "close": 5.16, "volume": 283496, "typical_volume": 456038.9, "trend": 5.263232, "fair_value": 5.312817, "relative_strength": -17.290671, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.869216, "energy": 25.722593, "activity_lines": [ 5.283333, 5.207341, 5.071517, 5.097962 ] }, { "date": "2026-07-31", "close": 5.54, "volume": 353844, "typical_volume": 448968.6, "trend": 5.230668, "fair_value": 5.327239, "relative_strength": -12.230565, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 35.880166, "energy": 25.182985, "activity_lines": [ 5.353333, 5.286384, 5.118647, 5.115818 ] }, { "date": "2026-08-07", "close": 6.2, "volume": 381920, "typical_volume": 460582.1, "trend": 5.213768, "fair_value": 5.344209, "relative_strength": 2.069012, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 55.134638, "energy": 57.72897, "activity_lines": [ 5.632, 5.469636, 5.227239, 5.178355 ] } ], "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." } } }