{ "ticker": { "uuid": "04ffcb14-5691-4487-9536-f00a290342c9", "symbol": "TROAX", "name": "Troax Group AB (publ)", "exchange": "STO", "country": "SE", "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": "^OMX", "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": 84.748, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Emerging rotation", "architecture_gate": "up", "architecture_direction": 81.347, "architecture_energy": 92.531, "architecture_maturity": 28.0, "architecture_confidence": 73.849, "architecture_tenure": "New", "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": 20.36, "rotation_up": 81.56, "upward_expansion": 95.23, "deceleration": 44.67, "rotation_down": 10.69, "downward_expansion": 24.23 }, "activity_lines": [ 138.746668, 127.323637, 119.044316, 114.631315 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 146.800003, "trend_reference": 113.119592, "distance_from_trend": 0.297742, "trend_direction": "Weakening", "fair_value": 176.804406, "distance_from_fair_value": -0.169704, "fair_value_direction": "Improving", "relative_strength": 3.196237, "relative_strength_direction": "Improving", "price_momentum": 0.428223, "excess_performance": 0.366729, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.297742, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.061146, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.169704, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.259607, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.031962, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.321725, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.428223, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.404811, "read": "Demand-led" } ], "volume": { "latest": 175962, "relative_activity": 0.594429, "balance": 1.404811, "dry_up": 1.153222, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.075299, "annualized_volatility": 0.53731, "from_high_reference": -0.103006, "from_low_reference": 0.66035 }, "levels": { "trend_reference": 113.119592, "fair_value_reference": 176.804406, "structural_low": 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109.867422, 109.389376 ] }, { "date": "2026-07-24", "close": 134.399994, "volume": 223160, "typical_volume": 329423.75, "trend": 113.432237, "fair_value": 177.424854, "relative_strength": -2.930831, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 49.662472, "energy": 65.964133, "activity_lines": [ 123.653331, 117.083635, 112.521959, 110.713551 ] }, { "date": "2026-07-31", "close": 140.600006, "volume": 119750, "typical_volume": 298767.9, "trend": 113.242435, "fair_value": 177.104313, "relative_strength": 0.498044, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 52.498011, "energy": 76.994506, "activity_lines": [ 131.386667, 121.909091, 115.586964, 112.466311 ] }, { "date": "2026-08-07", "close": 146.800003, "volume": 175962, "typical_volume": 296018.3, "trend": 113.119592, "fair_value": 176.804406, "relative_strength": 3.196237, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 81.346991, "energy": 92.531093, "activity_lines": [ 138.746668, 127.323637, 119.044316, 114.631315 ] } ], "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." } } }