{ "ticker": { "uuid": "d2689bd1-35c4-4107-a9d9-6c1c0ea5eeac", "symbol": "TAEE3", "name": "Transmissora Alian\u00e7a de Energia El\u00e9trica 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": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 67.802, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "down", "architecture_direction": -37.991, "architecture_energy": 16.39, "architecture_maturity": 17.984, "architecture_confidence": 64.823, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 47.54, "rotation_up": 25.5, "upward_expansion": 18.47, "deceleration": 51.67, "rotation_down": 38.13, "downward_expansion": 59.14 }, "activity_lines": [ 13.261333, 13.300182, 13.285444, 13.358415 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Stable", "price_acceptance": 0.166667 }, "latest_close": 13.03, "trend_reference": 13.421779, "distance_from_trend": -0.02919, "trend_direction": "Weakening", "fair_value": 10.857728, "distance_from_fair_value": 0.200067, "fair_value_direction": "Weakening", "relative_strength": -2.168169, "relative_strength_direction": "Improving", "price_momentum": -0.01516, "excess_performance": 0.041888, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.02919, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.001255, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.200067, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.061882, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.021682, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.045224, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.01516, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.549181, "read": "Supply-led" } ], "volume": { "latest": 783000, "relative_activity": 1.883343, "balance": 0.549181, "dry_up": 1.205412, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.041738, "annualized_volatility": 0.180166, "from_high_reference": -0.107591, "from_low_reference": 0.285553 }, "levels": { "trend_reference": 13.421779, "fair_value_reference": 10.857728, "structural_low": 12.55, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 18, "median_return": 0.006981, "positive_rate": 0.555556, "directional_follow_through": 0.555556, "median_excess_return": -0.006471, "regime_survival": 0.555556, "best_return": 0.048276, "worst_return": -0.088686, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.019335, "positive_rate": 0.625, "directional_follow_through": 0.625, "median_excess_return": 0.01709, "regime_survival": 0.375, "best_return": 0.243378, "worst_return": -0.048848, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.013726, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.007075, "regime_survival": 0.25, "best_return": 0.144027, "worst_return": -0.049667, 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13.320376, 13.385803 ] }, { "date": "2026-07-17", "close": 13.65, "volume": 318100, "typical_volume": 398720.0, "trend": 13.415543, "fair_value": 10.782308, "relative_strength": 1.710766, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 6.310203, "energy": 16.924082, "activity_lines": [ 13.517333, 13.304727, 13.341915, 13.402163 ] }, { "date": "2026-07-24", "close": 13.35, "volume": 344300, "typical_volume": 396985.0, "trend": 13.420489, "fair_value": 10.808401, "relative_strength": -0.724969, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.082868, "energy": 17.797979, "activity_lines": [ 13.504667, 13.341818, 13.336928, 13.397935 ] }, { "date": "2026-07-31", "close": 13.19, "volume": 559200, "typical_volume": 408215.0, "trend": 13.41206, "fair_value": 10.83273, "relative_strength": -4.018926, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.273603, "energy": 14.111629, "activity_lines": [ 13.41, 13.338909, 13.318387, 13.383064 ] }, { "date": "2026-08-07", "close": 13.03, "volume": 783000, "typical_volume": 415750.0, "trend": 13.421779, "fair_value": 10.857728, "relative_strength": -2.168169, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.990913, "energy": 16.390077, "activity_lines": [ 13.261333, 13.300182, 13.285444, 13.358415 ] } ], "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." } } }