{ "ticker": { "uuid": "dc9c78b8-25ed-46b6-8982-f080e8a4e090", "symbol": "N1EM34", "name": "Newmont Corporation", "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": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 67.752, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -23.557, "architecture_energy": 22.804, "architecture_maturity": 41.923, "architecture_confidence": 46.353, "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": 36.93, "rotation_up": 27.17, "upward_expansion": 17.27, "deceleration": 62.16, "rotation_down": 37.55, "downward_expansion": 67.27 }, "activity_lines": [ 506.765334, 501.092364, 517.803297, 535.110074 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 574.049988, "trend_reference": 560.104428, "distance_from_trend": 0.024898, "trend_direction": "Weakening", "fair_value": 332.823009, "distance_from_fair_value": 0.724791, "fair_value_direction": "Weakening", "relative_strength": 6.832215, "relative_strength_direction": "Improving", "price_momentum": -0.032545, "excess_performance": 0.024503, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.024898, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.007753, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.724791, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.127794, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.068322, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.028338, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.032545, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.736576, "read": "Demand-led" } ], "volume": { "latest": 11153, "relative_activity": 2.698785, "balance": 1.736576, "dry_up": 2.148768, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.072902, "annualized_volatility": 0.498806, "from_high_reference": -0.17861, "from_low_reference": 0.583562 }, "levels": { "trend_reference": 560.104428, "fair_value_reference": 332.823009, 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"gate": "down", "direction": -77.86764, "energy": 74.262932, "activity_lines": [ 485.240002, 500.916296, 526.476098, 545.93224 ] }, { "date": "2026-07-24", "close": 471.559998, "volume": 8848, "typical_volume": 4183.3, "trend": 562.837629, "fair_value": 328.505498, "relative_strength": -12.651397, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.015203, "energy": 72.056615, "activity_lines": [ 477.675336, 493.111209, 519.542797, 539.788734 ] }, { "date": "2026-07-31", "close": 476.640015, "volume": 8564, "typical_volume": 3882.45, "trend": 560.371607, "fair_value": 330.345875, "relative_strength": -13.716884, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.337898, "energy": 69.219285, "activity_lines": [ 475.244007, 487.688912, 513.740702, 534.227597 ] }, { "date": "2026-08-07", "close": 574.049988, "volume": 11153, "typical_volume": 4132.6, "trend": 560.104428, "fair_value": 332.823009, "relative_strength": 6.832215, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -23.556708, "energy": 22.803981, "activity_lines": [ 506.765334, 501.092364, 517.803297, 535.110074 ] } ], "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." } } }