{ "ticker": { "uuid": "ee64193e-140b-44a5-9ea1-b90b0c4cdc9e", "symbol": "I1QV34", "name": "IQVIA Holdings 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": 1, "stage_name": "Basing", "phase": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 95.41, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Emerging rotation", "architecture_gate": "mixed", "architecture_direction": 41.457, "architecture_energy": 78.985, "architecture_maturity": 17.312, "architecture_confidence": 57.726, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 26.48, "rotation_up": 76.84, "upward_expansion": 69.66, "deceleration": 20.83, "rotation_down": 16.03, "downward_expansion": 28.0 }, "activity_lines": [ 262.794654, 253.053082, 238.68509, 235.50404 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 262.829987, "trend_reference": 240.820333, "distance_from_trend": 0.091395, "trend_direction": "Weakening", "fair_value": 271.234296, "distance_from_fair_value": -0.030985, "fair_value_direction": "Improving", "relative_strength": -3.279014, "relative_strength_direction": "Improving", "price_momentum": -0.012066, "excess_performance": 0.044982, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.091395, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.075474, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.030985, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.166001, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.03279, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.241869, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.012066, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.674419, "read": "Demand-led" } ], "volume": { "latest": 0, "relative_activity": 0.0, "balance": 1.674419, "dry_up": 0.765605, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.034289, "annualized_volatility": 0.482596, "from_high_reference": -0.184492, "from_low_reference": 0.332742 }, "levels": { "trend_reference": 240.820333, "fair_value_reference": 271.234296, "structural_low": 197.210007, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 12, "median_return": 0.00286, "positive_rate": 0.583333, "directional_follow_through": 0.583333, "median_excess_return": -0.020664, "regime_survival": 0.583333, "best_return": 0.065142, "worst_return": -0.109314, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": -0.005646, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.036669, "regime_survival": 0.0, "best_return": 0.208917, "worst_return": -0.207689, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.059157, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.147119, "regime_survival": 0.25, "best_return": 0.164685, "worst_return": -0.02825, "sufficient": false }, { 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"relative_strength": -5.203875, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 42.684603, "energy": 74.275578, "activity_lines": [ 255.14599, 243.70854, 231.757664, 232.988343 ] }, { "date": "2026-07-31", "close": 262.829987, "volume": 0, "typical_volume": 201.45, "trend": 242.604, "fair_value": 271.281988, "relative_strength": -6.733184, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 45.858286, "energy": 80.485164, "activity_lines": [ 260.233321, 248.891083, 235.298567, 234.199138 ] }, { "date": "2026-08-07", "close": 262.829987, "volume": 0, "typical_volume": 196.25, "trend": 240.820333, "fair_value": 271.234296, "relative_strength": -3.279014, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 41.457308, "energy": 78.98528, "activity_lines": [ 262.794654, 253.053082, 238.68509, 235.50404 ] } ], "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." } } }