{ "ticker": { "uuid": "db41c817-de7b-48fb-8a68-e3140794a4c0", "symbol": "GOAU3", "name": "Metalurgica Gerdau 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": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 73.818, "architecture_energy": 73.866, "architecture_maturity": 34.354, "architecture_confidence": 81.854, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 11.37, "rotation_up": 77.17, "upward_expansion": 91.19, "deceleration": 42.04, "rotation_down": 11.74, "downward_expansion": 17.86 }, "activity_lines": [ 9.744667, 9.450545, 9.343778, 9.187065 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 10.04, "trend_reference": 9.090686, "distance_from_trend": 0.104427, "trend_direction": "Improving", "fair_value": 7.538516, "distance_from_fair_value": 0.331827, "fair_value_direction": "Improving", "relative_strength": 15.12865, "relative_strength_direction": "Improving", "price_momentum": 0.06989, "excess_performance": 0.126938, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.104427, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.046092, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.331827, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.023948, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.151287, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.085317, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.06989, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.714777, "read": "Demand-led" } ], "volume": { "latest": 517100, "relative_activity": 2.784224, "balance": 2.714777, "dry_up": 1.280522, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 0.050473, "annualized_volatility": 0.285772, "from_high_reference": -0.042898, "from_low_reference": 0.559661 }, "levels": { "trend_reference": 9.090686, "fair_value_reference": 7.538516, "structural_low": 7.536402, "invalidation": 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9.4, "volume": 106300, "typical_volume": 194020.0, "trend": 8.976142, "fair_value": 7.501793, "relative_strength": 7.827956, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.085465, "energy": 21.17126, "activity_lines": [ 9.076667, 9.125636, 9.109312, 9.032095 ] }, { "date": "2026-07-24", "close": 9.59, "volume": 146600, "typical_volume": 184610.0, "trend": 9.005347, "fair_value": 7.511372, "relative_strength": 9.642348, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.762352, "energy": 29.703575, "activity_lines": [ 9.273333, 9.196727, 9.173967, 9.071699 ] }, { "date": "2026-07-31", "close": 9.8, "volume": 181300, "typical_volume": 176490.0, "trend": 9.046481, "fair_value": 7.522218, "relative_strength": 9.317113, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.078568, "energy": 57.773848, "activity_lines": [ 9.51, 9.302909, 9.252149, 9.122967 ] }, { "date": "2026-08-07", "close": 10.04, "volume": 517100, "typical_volume": 185725.0, "trend": 9.090686, "fair_value": 7.538516, "relative_strength": 15.12865, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.817723, "energy": 73.865705, "activity_lines": [ 9.744667, 9.450545, 9.343778, 9.187065 ] } ], "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." } } }