{ "ticker": { "uuid": "d792e855-d2e2-4901-882d-5aa513c855a4", "symbol": "LUXM4", "name": "Trevisa Investimentos 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": 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": "Established contraction", "architecture_gate": "down", "architecture_direction": -72.444, "architecture_energy": 87.796, "architecture_maturity": 41.506, "architecture_confidence": 93.286, "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": 3.51, "rotation_up": 13.72, "upward_expansion": 21.5, "deceleration": 37.22, "rotation_down": 75.76, "downward_expansion": 97.16 }, "activity_lines": [ 2.740667, 2.863455, 3.117312, 3.319849 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 2.7, "trend_reference": 3.570591, "distance_from_trend": -0.243823, "trend_direction": "Weakening", "fair_value": 5.616247, "distance_from_fair_value": -0.519252, "fair_value_direction": "Weakening", "relative_strength": -28.823935, "relative_strength_direction": "Weakening", "price_momentum": -0.335469, "excess_performance": -0.27842, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.243823, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.077015, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.519252, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.164327, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.288239, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.11904, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.335469, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.198119, "read": "Supply-led" } ], "volume": { "latest": 19100, "relative_activity": 1.370649, "balance": 0.198119, "dry_up": 1.776103, "accumulation_observations": 1, "distribution_observations": 4 }, "risk": { "range_context": 0.079772, "annualized_volatility": 0.289934, "from_high_reference": -0.417151, "from_low_reference": 0.075697 }, "levels": { "trend_reference": 3.570591, "fair_value_reference": 5.616247, "structural_low": 2.51, "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": 34, "median_return": -0.00862, "positive_rate": 0.294118, "directional_follow_through": 0.617647, "median_excess_return": -0.016719, "regime_survival": 0.911765, "best_return": 0.197015, "worst_return": -0.244898, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": -0.044099, "positive_rate": 0.181818, "directional_follow_through": 0.727273, "median_excess_return": -0.056501, "regime_survival": 0.818182, "best_return": 0.1076, "worst_return": -0.246436, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.103317, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.147058, "regime_survival": 0.666667, "best_return": 0.081081, "worst_return": -0.396066, "sufficient": true }, { 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"down", "direction": -65.852606, "energy": 76.875316, "activity_lines": [ 3.135333, 3.251091, 3.47601, 3.623206 ] }, { "date": "2026-07-10", "close": 2.96, "volume": 11000, "typical_volume": 11615.0, "trend": 3.761206, "fair_value": 5.793275, "relative_strength": -27.284794, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.319148, "energy": 71.14222, "activity_lines": [ 3.077333, 3.170545, 3.410019, 3.569558 ] }, { "date": "2026-07-17", "close": 2.74, "volume": 36000, "typical_volume": 13020.0, "trend": 3.722252, "fair_value": 5.74433, "relative_strength": -30.352133, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.053589, "energy": 77.829736, "activity_lines": [ 2.96, 3.067455, 3.328742, 3.503674 ] }, { "date": "2026-07-24", "close": 2.71, "volume": 20600, "typical_volume": 13470.0, "trend": 3.6749, "fair_value": 5.694446, "relative_strength": -30.426501, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.688721, "energy": 78.688982, "activity_lines": [ 2.861333, 2.981636, 3.251321, 3.438367 ] }, { "date": "2026-07-31", "close": 2.76, "volume": 23300, "typical_volume": 14130.0, "trend": 3.622137, "fair_value": 5.655524, "relative_strength": -30.073451, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.78196, "energy": 86.048848, "activity_lines": [ 2.8, 2.921091, 3.184462, 3.379342 ] }, { "date": "2026-08-07", "close": 2.7, "volume": 19100, "typical_volume": 13935.0, "trend": 3.570591, "fair_value": 5.616247, "relative_strength": -28.823935, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.443811, "energy": 87.796383, "activity_lines": [ 2.740667, 2.863455, 3.117312, 3.319849 ] } ], "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." } } }