{ "ticker": { "uuid": "0df5281c-e6d9-472e-af50-e2bfaa81365d", "symbol": "NREST", "name": "Nordrest Holding 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": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 54.651, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -60.581, "architecture_energy": 47.232, "architecture_maturity": 15.903, "architecture_confidence": 95.721, "architecture_tenure": "New", "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": 24.93, "rotation_up": 22.48, "upward_expansion": 7.4, "deceleration": 50.91, "rotation_down": 53.68, "downward_expansion": 80.73 }, "activity_lines": [ 252.2, 253.609091, 270.503657, 277.821764 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 254.5, "trend_reference": 280.837392, "distance_from_trend": -0.093782, "trend_direction": "Improving", "fair_value": 183.849931, "distance_from_fair_value": 0.384281, "fair_value_direction": "Weakening", "relative_strength": -10.294802, "relative_strength_direction": "Weakening", "price_momentum": 0.004174, "excess_performance": -0.05732, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.093782, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.029058, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.384281, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.54852, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.102948, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.43787, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.004174, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.097204, "read": "Supply-led" } ], "volume": { "latest": 45452, "relative_activity": 0.505035, "balance": 0.097204, "dry_up": 0.591377, "accumulation_observations": 0, "distribution_observations": 4 }, "risk": { "range_context": 0.074203, "annualized_volatility": 0.301193, "from_high_reference": -0.269727, "from_low_reference": 0.420486 }, "levels": { "trend_reference": 280.837392, "fair_value_reference": 183.849931, "structural_low": 244.0, 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"energy": 47.231655, "activity_lines": [ 252.2, 253.609091, 270.503657, 277.821764 ] } ], "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." } } }