{
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    "symbol": "NANOC-B",
    "name": "NanoCap Group AB (publ)",
    "exchange": "STO",
    "country": "SE",
    "assetType": "equity"
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    "phase": "1b",
    "phase_label": "Stage 1B \u00b7 Basing",
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    "architecture_maturity": 29.269,
    "architecture_confidence": 76.645,
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      },
      {
        "date": "2026-07-17",
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        "relative_strength": -10.380999,
        "stage": 1,
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        "direction": 38.284268,
        "energy": 22.933102,
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          4.369048,
          4.26314
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      },
      {
        "date": "2026-07-24",
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        "volume": 4014,
        "typical_volume": 9395.8,
        "trend": 4.138333,
        "fair_value": 5.93918,
        "relative_strength": -5.129675,
        "stage": 1,
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        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.193791,
        "energy": 43.665878,
        "activity_lines": [
          4.564,
          4.558182,
          4.424048,
          4.305591
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      },
      {
        "date": "2026-07-31",
        "close": 4.72,
        "volume": 12149,
        "typical_volume": 7857.35,
        "trend": 4.17,
        "fair_value": 5.931052,
        "relative_strength": -6.465651,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.783958,
        "energy": 53.373761,
        "activity_lines": [
          4.628,
          4.593455,
          4.470762,
          4.343118
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      },
      {
        "date": "2026-08-07",
        "close": 4.8,
        "volume": 3101,
        "typical_volume": 4966.45,
        "trend": 4.207333,
        "fair_value": 5.923562,
        "relative_strength": -5.860407,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.723462,
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        "activity_lines": [
          4.702667,
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          4.51881,
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      }
    ],
    "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."
    }
  }
}