{ "ticker": { "uuid": "cfdd223a-192d-4909-b242-abf79dd6074a", "symbol": "PMLL11", "name": "Patria Malls Fundo De Investimento Imobiliario", "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": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 67.35, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -63.114, "architecture_energy": 66.193, "architecture_maturity": 3.889, "architecture_confidence": 86.144, "architecture_tenure": "New", "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": 21.41, "rotation_up": 15.01, "upward_expansion": 14.27, "deceleration": 40.69, "rotation_down": 65.51, "downward_expansion": 87.61 }, "activity_lines": [ 101.066561, 101.520667, 103.043509, 103.733411 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 101.620003, "trend_reference": 104.077222, "distance_from_trend": -0.02361, "trend_direction": "Improving", "fair_value": 93.797603, "distance_from_fair_value": 0.083397, "fair_value_direction": "Weakening", "relative_strength": -2.64143, "relative_strength_direction": "Improving", "price_momentum": -0.014787, "excess_performance": 0.042261, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.02361, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.012848, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.083397, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.068719, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.026414, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.04885, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.014787, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.595711, "read": "Supply-led" } ], "volume": { "latest": 190802, "relative_activity": 1.083562, "balance": 0.595711, "dry_up": 1.229198, "accumulation_observations": 4, "distribution_observations": 3 }, "risk": { "range_context": 0.016894, "annualized_volatility": 0.055234, "from_high_reference": -0.071635, "from_low_reference": 0.149131 }, "levels": { "trend_reference": 104.077222, "fair_value_reference": 93.797603, 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"date": "2026-07-10", "close": 101.448335, "volume": 419046, "typical_volume": 231584.1, "trend": 103.975952, "fair_value": 93.496877, "relative_strength": -6.921006, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.076426, "energy": 66.440317, "activity_lines": [ 102.250661, 103.212119, 104.522299, 104.542219 ] }, { "date": "2026-07-17", "close": 100.26007, "volume": 289182, "typical_volume": 202721.9, "trend": 104.007485, "fair_value": 93.56749, "relative_strength": -5.465582, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -54.501475, "energy": 72.174385, "activity_lines": [ 101.458341, 102.529855, 104.059212, 104.302484 ] }, { "date": "2026-07-24", "close": 100.507626, "volume": 206714, "typical_volume": 198822.0, "trend": 103.997889, "fair_value": 93.644899, "relative_strength": -5.089948, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.288574, "energy": 69.14666, "activity_lines": [ 100.998585, 102.006341, 103.64692, 104.076687 ] }, { "date": "2026-07-31", "close": 101.10176, "volume": 179089, "typical_volume": 198362.45, "trend": 104.044657, "fair_value": 93.721767, "relative_strength": -6.32055, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -65.357338, "energy": 73.153949, "activity_lines": [ 100.903715, 101.682428, 103.310988, 103.88984 ] }, { "date": "2026-08-07", "close": 101.620003, "volume": 190802, "typical_volume": 176087.8, "trend": 104.077222, "fair_value": 93.797603, "relative_strength": -2.64143, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.113778, "energy": 66.192685, "activity_lines": [ 101.066561, 101.520667, 103.043509, 103.733411 ] } ], "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." } } }