{ "ticker": { "uuid": "c7768d7d-68d2-4939-b9a0-f99a3e24e3d7", "symbol": "PNVL3", "name": "Dimed S.A. Distribuidora de Medicamentos", "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": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 51.365, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -34.968, "architecture_energy": 22.387, "architecture_maturity": 72.339, "architecture_confidence": 58.119, "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": 43.8, "rotation_up": 28.99, "upward_expansion": 20.01, "deceleration": 46.82, "rotation_down": 23.51, "downward_expansion": 56.34 }, "activity_lines": [ 11.75, 11.461033, 11.729171, 12.342842 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 12.14, "trend_reference": 13.00813, "distance_from_trend": -0.066737, "trend_direction": "Improving", "fair_value": 10.404427, "distance_from_fair_value": 0.166811, "fair_value_direction": "Weakening", "relative_strength": 1.054154, "relative_strength_direction": "Weakening", "price_momentum": -0.159434, "excess_performance": -0.102386, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.066737, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.02086, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.166811, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.124364, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.010542, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.040094, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.159434, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.791863, "read": "Demand-led" } ], "volume": { "latest": 3882300, "relative_activity": 1.319399, "balance": 1.791863, "dry_up": 1.194352, "accumulation_observations": 5, "distribution_observations": 2 }, "risk": { "range_context": 0.079078, "annualized_volatility": 0.356294, "from_high_reference": -0.26292, "from_low_reference": 0.371548 }, "levels": { "trend_reference": 13.00813, "fair_value_reference": 10.404427, "structural_low": 10.378473, "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": 25, "median_return": -0.015414, "positive_rate": 0.44, "directional_follow_through": 0.56, "median_excess_return": -0.011994, "regime_survival": 0.8, "best_return": 0.19801, "worst_return": -0.125824, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.092478, "positive_rate": 0.333333, "directional_follow_through": 0.555556, "median_excess_return": -0.071818, "regime_survival": 0.555556, "best_return": 0.143641, "worst_return": -0.23325, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.06897, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.122038, "regime_survival": 0.666667, "best_return": 0.299292, "worst_return": -0.304158, "sufficient": true }, { "horizon": "Full 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"activity_lines": [ 11.11488, 11.12309, 11.937648, 12.569368 ] }, { "date": "2026-07-24", "close": 11.51, "volume": 3251700, "typical_volume": 3003000.0, "trend": 13.004197, "fair_value": 10.402978, "relative_strength": -5.141843, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.645399, "energy": 39.096053, "activity_lines": [ 11.265962, 11.172901, 11.822548, 12.472961 ] }, { "date": "2026-07-31", "close": 11.85, "volume": 4567400, "typical_volume": 3028970.0, "trend": 13.00264, "fair_value": 10.402039, "relative_strength": -4.486221, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.205579, "energy": 27.567986, "activity_lines": [ 11.480667, 11.292378, 11.75583, 12.398496 ] }, { "date": "2026-08-07", "close": 12.14, "volume": 3882300, "typical_volume": 2942475.0, "trend": 13.00813, "fair_value": 10.404427, "relative_strength": 1.054154, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.968213, "energy": 22.387029, "activity_lines": [ 11.75, 11.461033, 11.729171, 12.342842 ] } ], "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." } } }