{ "ticker": { "uuid": "b89c090e-7c4d-4b47-b81d-81d3531d4639", "symbol": "TECN3", "name": "Technos 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": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 59.718, "architecture_energy": 55.241, "architecture_maturity": 24.681, "architecture_confidence": 86.677, "architecture_tenure": "Developing", "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": 15.25, "rotation_up": 65.02, "upward_expansion": 83.03, "deceleration": 50.19, "rotation_down": 13.35, "downward_expansion": 9.7 }, "activity_lines": [ 9.524667, 9.373273, 9.109476, 8.953871 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 9.22, "trend_reference": 8.710333, "distance_from_trend": 0.058513, "trend_direction": "Improving", "fair_value": 5.548189, "distance_from_fair_value": 0.661804, "fair_value_direction": "Weakening", "relative_strength": 15.579059, "relative_strength_direction": "Improving", "price_momentum": 0.089835, "excess_performance": 0.146883, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.058513, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.10943, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.661804, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.04821, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.155791, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.10154, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.089835, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.741213, "read": "Demand-led" } ], "volume": { "latest": 154800, "relative_activity": 0.818074, "balance": 1.741213, "dry_up": 1.523715, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.063491, "annualized_volatility": 0.274544, "from_high_reference": -0.096078, "from_low_reference": 0.556487 }, "levels": { "trend_reference": 8.710333, "fair_value_reference": 5.548189, "structural_low": 7.96, "invalidation": "A 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"modifier": "Re-accelerating", "gate": "up", "direction": 71.645607, "energy": 77.12189, "activity_lines": [ 9.661333, 9.306545, 9.030476, 8.864215 ] }, { "date": "2026-07-31", "close": 9.37, "volume": 183500, "typical_volume": 200100.0, "trend": 8.639667, "fair_value": 5.507601, "relative_strength": 14.298112, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.573658, "energy": 71.909346, "activity_lines": [ 9.638667, 9.359455, 9.079429, 8.91643 ] }, { "date": "2026-08-07", "close": 9.22, "volume": 154800, "typical_volume": 189225.0, "trend": 8.710333, "fair_value": 5.548189, "relative_strength": 15.579059, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.717513, "energy": 55.241265, "activity_lines": [ 9.524667, 9.373273, 9.109476, 8.953871 ] } ], "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." } } }