{ "ticker": { "uuid": "c336f368-77d8-4bb1-83a2-607b3c0d9c99", "symbol": "LGO", "name": "Largo Inc.", "exchange": "TOR", "country": "CA", "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": "^GSPTSE", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -64.935, "architecture_energy": 64.49, "architecture_maturity": 45.076, "architecture_confidence": 96, "architecture_tenure": "Developing", "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": 7.53, "rotation_up": 25.45, "upward_expansion": 12.51, "deceleration": 48.21, "rotation_down": 57.39, "downward_expansion": 85.85 }, "activity_lines": [ 0.918667, 0.954545, 1.116571, 1.280194 ], "activity_state": "Wide", "activity_direction": "Stable", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 0.99, "trend_reference": 1.493333, "distance_from_trend": -0.337054, "trend_direction": "Weakening", "fair_value": 2.323718, "distance_from_fair_value": -0.573959, "fair_value_direction": "Weakening", "relative_strength": -46.583148, "relative_strength_direction": "Weakening", "price_momentum": -0.509901, "excess_performance": -0.630322, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.337054, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.085341, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.573959, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.155592, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.465831, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.22455, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.509901, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.13089, "read": "Supply-led" } ], "volume": { "latest": 415400, "relative_activity": 0.652083, "balance": 0.13089, "dry_up": 0.931895, "accumulation_observations": 0, "distribution_observations": 5 }, "risk": { "range_context": 0.161616, "annualized_volatility": 0.757736, "from_high_reference": -0.733154, "from_low_reference": 0.253165 }, "levels": { "trend_reference": 1.493333, "fair_value_reference": 2.323718, "structural_low": 0.79, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 40, "median_return": -0.041956, "positive_rate": 0.325, "directional_follow_through": 0.65, "median_excess_return": -0.055025, "regime_survival": 0.875, "best_return": 0.427536, "worst_return": -0.23359, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 13, "median_return": -0.071097, "positive_rate": 0.307692, "directional_follow_through": 0.692308, "median_excess_return": -0.066994, "regime_survival": 0.615385, "best_return": 0.681159, "worst_return": -0.36772, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": -0.116448, "positive_rate": 0.285714, "directional_follow_through": 0.714286, "median_excess_return": -0.150317, "regime_survival": 0.428571, "best_return": 0.300926, "worst_return": -0.576606, "sufficient": true }, { "horizon": 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92.764352, "activity_lines": [ 1.038667, 1.181455, 1.396095, 1.51271 ] }, { "date": "2026-07-03", "close": 1.12, "volume": 115500, "typical_volume": 768995.0, "trend": 1.579, "fair_value": 2.47609, "relative_strength": -42.760646, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.140253, "energy": 85.373413, "activity_lines": [ 1.044667, 1.146182, 1.352667, 1.482473 ] }, { "date": "2026-07-10", "close": 1.01, "volume": 1371800, "typical_volume": 806325.0, "trend": 1.566, "fair_value": 2.445577, "relative_strength": -47.73219, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.973428, "energy": 81.807576, "activity_lines": [ 1.026, 1.102545, 1.303143, 1.445763 ] }, { "date": "2026-07-17", "close": 0.86, "volume": 787200, "typical_volume": 783940.0, "trend": 1.550667, "fair_value": 2.412564, "relative_strength": -54.396, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.694938, "energy": 82.012029, "activity_lines": [ 0.968, 1.041818, 1.243571, 1.400215 ] }, { "date": "2026-07-24", "close": 0.9, "volume": 387700, "typical_volume": 711015.0, "trend": 1.534667, "fair_value": 2.37891, "relative_strength": -51.470849, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.957531, "energy": 66.136111, "activity_lines": [ 0.940667, 1.001273, 1.194762, 1.358237 ] }, { "date": "2026-07-31", "close": 0.85, "volume": 784300, "typical_volume": 670935.0, "trend": 1.515, "fair_value": 2.348269, "relative_strength": -53.265306, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.142744, "energy": 78.383752, "activity_lines": [ 0.904667, 0.960909, 1.146952, 1.314065 ] }, { "date": "2026-08-07", "close": 0.99, "volume": 415400, "typical_volume": 637035.0, "trend": 1.493333, "fair_value": 2.323718, "relative_strength": -46.583148, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.934862, "energy": 64.489951, "activity_lines": [ 0.918667, 0.954545, 1.116571, 1.280194 ] } ], "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." } } }