{"ticker": {"uuid": "09c5c9a4-3291-42fc-a6ad-b274008393f9", "symbol": "AZUL3", "name": "AZUL        ON  ES  N2", "exchange": "SAO", "asset_type": "equity"}, "latest_week": "2026-06-12", "summary": "AZUL3 closed the latest completed week at 21.25 BRL. The 4-week return is -47.6% and the 12-week return is -86.3%. Trend Signal is inactive, Market Dynamics is 0.00.", "description": "Azul S.A., together with its subsidiaries, provides air transportation services in Brazil and internationally. It is also involved in the cargo or postal; passenger charter; development of frequent-flyer programs; intellectual property owner; travel packages; funding: aircraft financing; and provision of maintenance and hangarage services for aircraft, engines, parts and pieces, aircraft acquisition, and lease services. As of December 31, 2025, the company operated approximately 970 daily departures to 160 destinations through a network of 390 non-stop routes; with an operating fleet of 176 aircraft and a passenger contractual fleet of 227 aircraft. The company was incorporated in 2008 and is headquartered in Barueri, Brazil.", "setup_signature": "Risk-first tape", "composite_score": "17", "kpis": [{"label": "Latest Close", "value": "21.25 BRL", "hint": "2026-06-12"}, {"label": "1W Return", "value": "-0.7%", "tone": "negative", "hint": "latest completed week"}, {"label": "4W Return", "value": "-47.6%", "tone": "negative", "hint": "short-term follow-through"}, {"label": "12W Return", "value": "-86.3%", "tone": "negative", "hint": "quarterly tape"}, {"label": "Trend Breadth", "value": "0.0%", "hint": "0 of 22 weeks active"}, {"label": "Volume Ratio", "value": "0.0x", "hint": "vs 13-week average"}], "classification": {"exchange": "SAO", "country": "BR", "sector": "Industrials", "industry": "Airlines", "currency": "BRL", "market_cap": "7.7B"}, "price": {"trend_line": "-", "fair_value": "2,795,532 BRL", "vs_trend": "-", "vs_fair_value": "-100.0%", "high_52": "34,496,828 BRL", "low_52": "6.77 BRL", "drawdown": "-100.0%", "range_position": "0.0%"}, "momentum": {"returns": [{"label": "1W", "value": -0.7009345794392458, "value_label": "-0.7%", "tone": "negative", "width": 4}, {"label": "4W", "value": -47.59555974341701, "value_label": "-47.6%", "tone": "negative", "width": 100}, {"label": "12W", "value": -86.29032258064517, "value_label": "-86.3%", "tone": "negative", "width": 100}, {"label": "26W", "value": null, "value_label": "-", "tone": "neutral", "width": 0}, {"label": "52W", "value": null, "value_label": "-", "tone": "neutral", "width": 0}], "trend_streak": 0, "active_weeks": 0, "active_breadth": "0.0%", "peer": {"scope": "BR Industrials", "count": 115, "rank": 82, "percentile": 28.947368421052634, "avg_weekly_return": 0.6101011747620434}}, "setup": {"scores": [{"label": "Trend", "value": 0, "value_label": "0", "width": 4, "tone": "negative", "description": "Persistence of active Trend Signal over the last year and current streak."}, {"label": "Momentum", "value": 0, "value_label": "0", "width": 4, "tone": "negative", "description": "Blend of 4-week and 12-week follow-through."}, {"label": "Dynamics", "value": 50.0, "value_label": "50", "width": 50.0, "tone": "neutral", "description": "Latest Market Dynamics and whether pressure has improved over four weeks."}, {"label": "Relative Strength", "value": 50.0, "value_label": "50", "width": 50.0, "tone": "neutral", "description": "Relative leadership and short-term RS change."}, {"label": "Volume", "value": 0.07347941472765453, "value_label": "0", "width": 4, "tone": "negative", "description": "Participation compared with the 13-week volume baseline."}, {"label": "Risk Control", "value": 0, "value_label": "0", "width": 4, "tone": "negative", "description": "Drawdown and recent weekly volatility pressure."}], "timeline": [{"week": "27 Feb", "return": -9.615384615384617, "return_label": "-9.6%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 80.12820512820514}, {"week": "6 Mar", "return": 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false, "height": 100}, {"week": "17 Apr", "return": 10.25640674992771, "return_label": "10.3%", "tone": "positive", "trend": false, "buy_signal": false, "positive_md": false, "height": 85.47005624939757}, {"week": "24 Apr", "return": -99.99991274375084, "return_label": "-100.0%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 100}, {"week": "1 May", "return": 13.184083624167869, "return_label": "13.2%", "tone": "positive", "trend": false, "buy_signal": false, "positive_md": false, "height": 100}, {"week": "8 May", "return": 22.44897959183673, "return_label": "22.4%", "tone": "positive", "trend": false, "buy_signal": false, "positive_md": false, "height": 100}, {"week": "15 May", "return": 3.974356410256409, "return_label": "4.0%", "tone": "positive", "trend": false, "buy_signal": false, "positive_md": false, "height": 33.11963675213674}, {"week": "22 May", "return": -42.540075031814425, "return_label": "-42.5%", "tone": "negative", "trend": 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"-", "rs_4_change": "-", "expectation": "Undecided", "expectation_probability": "45.76%"}, "volume": {"latest": "553.0K", "average_13": "316.1M", "average_52": "653.5M", "ratio_13": "0.0x", "ratio_52": "0.0x"}, "risk": {"volatility_13": "3549241.5%", "volatility_52": "2836472.2%", "downside_weeks": 12, "upside_weeks": 9, "downside_breadth": "57.1%", "average_gain": "1480335.5%", "average_loss": "-23.1%"}, "signals": [{"label": "Trend Signal", "value": "Inactive", "tone": "negative"}, {"label": "Market Dynamics", "value": "No fresh buy", "tone": "neutral"}, {"label": "Price vs Trend", "value": "-", "tone": "neutral"}, {"label": "Volume", "value": "0.0x", "tone": "neutral"}], "opportunities": ["No strong opportunity cluster is confirmed yet; monitor trend and Market Dynamics."], "risks": ["Trend Signal is inactive, so price action has not confirmed a constructive regime.", "Price is below Fair Value, so the market is still discounting the latest tape.", "Market Dynamics is negative, which weakens the current setup.", "The share remains more than 20% below its 52-week high."], "watch_points": ["Market Dynamics is the pressure gauge to monitor for confirmation or fade.", "A volume ratio above 1.5x would show stronger participation in the next move."], "recent_rows": [{"week": "2026-06-12", "close": "21.25 BRL", "weekly_return": -0.7009345794392458, "weekly_return_label": "-0.7%", "weekly_return_tone": "negative", "trend_line": "-", "fair_value": "2,795,532 BRL", "market_dynamics": "0.00", "relative_strength": "-", "volume": "553.0K", "trend_signal": "Off"}, {"week": "2026-06-05", "close": "21.40 BRL", "weekly_return": 1.421800947867285, "weekly_return_label": "1.4%", "weekly_return_tone": "positive", "trend_line": "-", "fair_value": "2,928,652 BRL", "market_dynamics": "0.00", "relative_strength": "-", "volume": "642.8K", "trend_signal": "Off"}, {"week": "2026-05-29", "close": "21.10 BRL", "weekly_return": -9.442056199229873, "weekly_return_label": "-9.4%", 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