{ "ticker": { "uuid": "c852689a-1187-46de-92e7-2841b17c4ca3", "symbol": "JBSS32", "name": "JBS N.V.", "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": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 58.098, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -10.161, "architecture_energy": 18.857, "architecture_maturity": 73.766, "architecture_confidence": 66.258, "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": 46.92, "rotation_up": 40.06, "upward_expansion": 23.71, "deceleration": 41.25, "rotation_down": 19.9, "downward_expansion": 57.71 }, "activity_lines": [ 67.369999, 64.950908, 65.904756, 68.493451 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.0 }, "latest_close": 72.089996, "trend_reference": 71.406563, "distance_from_trend": 0.009571, "trend_direction": "Weakening", "fair_value": 42.984324, "distance_from_fair_value": 0.677123, "fair_value_direction": "Weakening", "relative_strength": -3.050428, "relative_strength_direction": "Improving", "price_momentum": -0.052325, "excess_performance": 0.004723, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.009571, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.030699, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.677123, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.222811, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.030504, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.077422, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.052325, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.642143, "read": "Supply-led" } ], "volume": { "latest": 3557138, "relative_activity": 0.667121, "balance": 0.642143, "dry_up": 0.908729, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.06636, "annualized_volatility": 0.440551, "from_high_reference": -0.171315, "from_low_reference": 0.216504 }, "levels": { "trend_reference": 71.406563, "fair_value_reference": 42.984324, "structural_low": 59.259998, "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": 16, "median_return": -0.02755, "positive_rate": 0.4375, "directional_follow_through": 0.5625, "median_excess_return": -0.047246, "regime_survival": 0.9375, "best_return": 0.186081, "worst_return": -0.123721, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": -0.089175, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": -0.114207, "regime_survival": 0.8, "best_return": 0.033792, "worst_return": -0.208071, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.161346, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.234562, "regime_survival": 0.666667, "best_return": 0.42669, "worst_return": -0.278691, "sufficient": false }, { "horizon": 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"downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.787296, "energy": 58.514944, "activity_lines": [ 61.728666, 62.328791, 67.308713, 69.885038 ] }, { "date": "2026-07-17", "close": 60.200001, "volume": 8271428, "typical_volume": 6041999.35, "trend": 71.757803, "fair_value": 41.966531, "relative_strength": -21.000455, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.912, "energy": 53.859602, "activity_lines": [ 61.198666, 61.698176, 66.276596, 69.110533 ] }, { "date": "2026-07-24", "close": 62.040001, "volume": 1896236, "typical_volume": 5755629.15, "trend": 71.332504, "fair_value": 42.269653, "relative_strength": -18.168762, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.833824, "energy": 49.763228, "activity_lines": [ 61.467334, 61.649454, 65.511818, 68.483578 ] }, { "date": "2026-07-31", "close": 70.7, "volume": 5656823, "typical_volume": 5843849.25, "trend": 71.304451, "fair_value": 42.621178, "relative_strength": -8.289631, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.046063, "energy": 24.377255, "activity_lines": [ 64.454667, 63.214364, 65.634635, 68.442771 ] }, { "date": "2026-08-07", "close": 72.089996, "volume": 3557138, "typical_volume": 5332072.2, "trend": 71.406563, "fair_value": 42.984324, "relative_strength": -3.050428, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -10.161231, "energy": 18.856724, "activity_lines": [ 67.369999, 64.950908, 65.904756, 68.493451 ] } ], "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." } } }