{ "ticker": { "uuid": "df51b343-b0ce-47f3-834a-c7224fdfb6c2", "symbol": "BVN", "name": "Compania de Minas Buenaventura SAA ADR", "exchange": "NYSE", "country": "US", "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": "SPY", "stage": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 53.372, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -27.462, "architecture_energy": 14.271, "architecture_maturity": 26.001, "architecture_confidence": 69.8, "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": 48.0, "rotation_up": 24.89, "upward_expansion": 15.02, "deceleration": 40.22, "rotation_down": 35.85, "downward_expansion": 65.02 }, "activity_lines": [ 31.672, 31.238182, 32.094638, 32.783107 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 34.15, "trend_reference": 33.694853, "distance_from_trend": 0.013508, "trend_direction": "Improving", "fair_value": 18.496504, "distance_from_fair_value": 0.846295, "fair_value_direction": "Weakening", "relative_strength": 4.631837, "relative_strength_direction": "Weakening", "price_momentum": -0.046957, "excess_performance": -0.172582, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.013508, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.056939, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.846295, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.309278, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.046318, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.217841, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.046957, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.718322, "read": "Supply-led" } ], "volume": { "latest": 5060487, "relative_activity": 0.854438, "balance": 0.718322, "dry_up": 0.758116, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.112912, "annualized_volatility": 0.606218, "from_high_reference": -0.211665, "from_low_reference": 1.007226 }, "levels": { "trend_reference": 33.694853, "fair_value_reference": 18.496504, "structural_low": 27.31, "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": 19, "median_return": 0.01576, "positive_rate": 0.631579, "directional_follow_through": 0.368421, "median_excess_return": 0.004883, "regime_survival": 0.736842, "best_return": 0.138728, "worst_return": -0.119289, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.053719, "positive_rate": 0.571429, "directional_follow_through": 0.428571, "median_excess_return": 0.064331, "regime_survival": 0.428571, "best_return": 0.437917, "worst_return": -0.103609, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.028226, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": 0.00182, "regime_survival": 0.2, "best_return": 0.407408, "worst_return": -0.158118, "sufficient": true }, { 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17.876954, "relative_strength": -3.201475, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -59.869318, "energy": 55.500987, "activity_lines": [ 30.581333, 31.683636, 32.705661, 33.319384 ] }, { "date": "2026-07-17", "close": 30.24, "volume": 5774591, "typical_volume": 6784279.35, "trend": 33.437121, "fair_value": 18.026277, "relative_strength": -1.585056, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.409302, "energy": 56.37031, "activity_lines": [ 30.252, 31.247273, 32.383093, 33.119027 ] }, { "date": "2026-07-24", "close": 30.91, "volume": 3986182, "typical_volume": 6519942.7, "trend": 33.512242, "fair_value": 18.178931, "relative_strength": 0.47576, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.792069, "energy": 47.103966, "activity_lines": [ 30.358, 31.025818, 32.181998, 32.955987 ] }, { "date": "2026-07-31", "close": 30.28, "volume": 3138787, "typical_volume": 6292221.65, "trend": 33.597395, "fair_value": 18.325917, "relative_strength": -3.257039, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.903762, "energy": 33.641221, "activity_lines": [ 30.365333, 30.751273, 31.944714, 32.747455 ] }, { "date": "2026-08-07", "close": 34.15, "volume": 5060487, "typical_volume": 5922588.55, "trend": 33.694853, "fair_value": 18.496504, "relative_strength": 4.631837, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.461805, "energy": 14.270695, "activity_lines": [ 31.672, 31.238182, 32.094638, 32.783107 ] } ], "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." } } }