{ "ticker": { "uuid": "059dc2a8-5f48-4ce2-93d5-b1dae764c757", "symbol": "HEM", "name": "Hemnet 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": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -38.479, "architecture_energy": 26.311, "architecture_maturity": 100.0, "architecture_confidence": 78.93, "architecture_tenure": "Extended", "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": 45.89, "rotation_up": 27.26, "upward_expansion": 15.96, "deceleration": 46.45, "rotation_down": 24.96, "downward_expansion": 58.96 }, "activity_lines": [ 85.983334, 83.81, 89.219044, 95.585472 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.0 }, "latest_close": 88.800003, "trend_reference": 106.527388, "distance_from_trend": -0.166412, "trend_direction": "Weakening", "fair_value": 252.29155, "distance_from_fair_value": -0.648026, "fair_value_direction": "Weakening", "relative_strength": -48.603458, "relative_strength_direction": "Improving", "price_momentum": -0.315893, "excess_performance": -0.377388, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.166412, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.220512, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.648026, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.080689, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.486035, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.016218, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.315893, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.611946, "read": "Supply-led" } ], "volume": { "latest": 2187314, "relative_activity": 1.186499, "balance": 0.611946, "dry_up": 1.104877, "accumulation_observations": 3, "distribution_observations": 4 }, "risk": { "range_context": 0.132363, "annualized_volatility": 0.606789, "from_high_reference": -0.670289, "from_low_reference": 0.309734 }, "levels": { "trend_reference": 106.527388, "fair_value_reference": 252.29155, 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83.322728, 92.544573, 100.523272 ] }, { "date": "2026-07-24", "close": 85.449997, "volume": 1551256, "typical_volume": 1846634.25, "trend": 111.490213, "fair_value": 253.563145, "relative_strength": -51.58365, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.814907, "energy": 34.17351, "activity_lines": [ 84.109999, 83.098182, 91.180648, 98.662571 ] }, { "date": "2026-07-31", "close": 84.0, "volume": 2489202, "typical_volume": 1861767.9, "trend": 109.004826, "fair_value": 252.923299, "relative_strength": -51.700678, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.891889, "energy": 32.991374, "activity_lines": [ 84.706666, 82.896364, 89.882757, 96.889009 ] }, { "date": "2026-08-07", "close": 88.800003, "volume": 2187314, "typical_volume": 1843502.0, "trend": 106.527388, "fair_value": 252.29155, "relative_strength": -48.603458, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.478539, "energy": 26.310945, "activity_lines": [ 85.983334, 83.81, 89.219044, 95.585472 ] } ], "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." } } }