{ "ticker": { "uuid": "e042da03-ac91-4d69-bf5c-c881b2c0f4ca", "symbol": "F1TN34", "name": "Fortinet, Inc.", "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": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "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": 76.709, "architecture_energy": 67.315, "architecture_maturity": 94.724, "architecture_confidence": 93.227, "architecture_tenure": "Developing", "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": 8.87, "rotation_up": 59.09, "upward_expansion": 87.67, "deceleration": 65.81, "rotation_down": 29.02, "downward_expansion": 12.0 }, "activity_lines": [ 68.137664, 67.192817, 61.130126, 55.039218 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 70.321663, "trend_reference": 47.821499, "distance_from_trend": 0.470503, "trend_direction": "Improving", "fair_value": 38.006495, "distance_from_fair_value": 0.850254, "fair_value_direction": "Improving", "relative_strength": 57.18559, "relative_strength_direction": "Improving", "price_momentum": 0.967957, "excess_performance": 1.025005, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.470503, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.257971, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.850254, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.527314, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.571856, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.576994, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.967957, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.184063, "read": "Demand-led" } ], "volume": { "latest": 36636, "relative_activity": 1.796041, "balance": 2.184063, "dry_up": 1.087375, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.071621, "annualized_volatility": 0.524219, "from_high_reference": -0.030247, "from_low_reference": 1.197552 }, "levels": { "trend_reference": 47.821499, "fair_value_reference": 38.006495, "structural_low": 32.0, 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"activity_lines": [ 67.454777, 64.918181, 56.288555, 50.778637 ] }, { "date": "2026-07-24", "close": 64.621666, "volume": 18840, "typical_volume": 18290.7, "trend": 45.568333, "fair_value": 37.424786, "relative_strength": 45.346798, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.576869, "energy": 66.508106, "activity_lines": [ 66.781777, 65.354878, 57.74988, 52.066032 ] }, { "date": "2026-07-31", "close": 67.989998, "volume": 22014, "typical_volume": 18652.5, "trend": 46.658944, "fair_value": 37.712115, "relative_strength": 49.068549, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.929912, "energy": 64.579434, "activity_lines": [ 67.144776, 66.169999, 59.402825, 53.512591 ] }, { "date": "2026-08-07", "close": 70.321663, "volume": 36636, "typical_volume": 20398.2, "trend": 47.821499, "fair_value": 38.006495, "relative_strength": 57.18559, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.708774, "energy": 67.315055, "activity_lines": [ 68.137664, 67.192817, 61.130126, 55.039218 ] } ], "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." } } }