{ "ticker": { "uuid": "099910e8-e7e6-4db9-892f-c42f061b777c", "symbol": "KJELL", "name": "Kjell 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": 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": 65.693, "architecture_energy": 49.94, "architecture_maturity": 73.159, "architecture_confidence": 72.224, "architecture_tenure": "Established", "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": 12.94, "rotation_up": 50.37, "upward_expansion": 78.9, "deceleration": 70.6, "rotation_down": 24.43, "downward_expansion": 7.9 }, "activity_lines": [ 13.986667, 13.655636, 12.557476, 11.746452 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 14.4, "trend_reference": 10.837667, "distance_from_trend": 0.328699, "trend_direction": "Improving", "fair_value": 14.492503, "distance_from_fair_value": -0.006383, "fair_value_direction": "Improving", "relative_strength": 26.168462, "relative_strength_direction": "Improving", "price_momentum": 0.525424, "excess_performance": 0.463929, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.328699, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.151269, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.006383, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.332879, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.261685, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.311394, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.525424, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.420188, "read": "Demand-led" } ], "volume": { "latest": 950093, "relative_activity": 0.893991, "balance": 1.420188, "dry_up": 1.374213, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.107479, "annualized_volatility": 0.610144, "from_high_reference": -0.137725, "from_low_reference": 0.884817 }, "levels": { "trend_reference": 10.837667, "fair_value_reference": 14.492503, "structural_low": 8.0, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 6, "median_return": -0.065227, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.080552, "regime_survival": 0.666667, "best_return": 0.481818, "worst_return": -0.363424, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 2, "median_return": -0.227157, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.284112, "regime_survival": 0.0, "best_return": -0.140078, "worst_return": -0.314236, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": -0.314287, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.434387, "regime_survival": 0.0, "best_return": -0.307393, "worst_return": -0.321181, "sufficient": false }, { "horizon": "Full cycle", 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"close": 16.299999, "volume": 2882185, "typical_volume": 1053747.75, "trend": 10.160333, "fair_value": 14.706606, "relative_strength": 51.133916, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.715592, "energy": 91.566152, "activity_lines": [ 13.82, 12.661818, 11.504905, 10.885849 ] }, { "date": "2026-07-17", "close": 14.0, "volume": 1869511, "typical_volume": 1102063.15, "trend": 10.352333, "fair_value": 14.650837, "relative_strength": 30.722754, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.432256, "energy": 83.46202, "activity_lines": [ 14.2, 13.037818, 11.824714, 11.13357 ] }, { "date": "2026-07-24", "close": 12.9, "volume": 1760493, "typical_volume": 1137228.55, "trend": 10.493667, "fair_value": 14.580324, "relative_strength": 18.164152, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.007186, "energy": 80.642005, "activity_lines": [ 14.013333, 13.144, 12.015381, 11.297935 ] }, { "date": "2026-07-31", "close": 13.7, "volume": 1261709, "typical_volume": 1126897.85, "trend": 10.654333, "fair_value": 14.530324, "relative_strength": 23.282775, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.594477, "energy": 65.768979, "activity_lines": [ 13.933333, 13.350909, 12.262428, 11.504796 ] }, { "date": "2026-08-07", "close": 14.4, "volume": 950093, "typical_volume": 1062754.85, "trend": 10.837667, "fair_value": 14.492503, "relative_strength": 26.168462, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.693301, "energy": 49.940208, "activity_lines": [ 13.986667, 13.655636, 12.557476, 11.746452 ] } ], "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." } } }