{ "ticker": { "uuid": "12c63d15-eabe-4179-ba27-69a2dcece78c", "symbol": "SAVE", "name": "Nordnet 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": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 60.48, "architecture_energy": 51.708, "architecture_maturity": 69.102, "architecture_confidence": 60.668, "architecture_tenure": "Developing", "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": 11.38, "rotation_up": 46.75, "upward_expansion": 75.5, "deceleration": 70.91, "rotation_down": 28.2, "downward_expansion": 13.5 }, "activity_lines": [ 362.839994, 362.585449, 348.217422, 334.517602 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 356.799988, "trend_reference": 316.406865, "distance_from_trend": 0.127662, "trend_direction": "Improving", "fair_value": 232.055936, "distance_from_fair_value": 0.53756, "fair_value_direction": "Improving", "relative_strength": 8.233338, "relative_strength_direction": "Improving", "price_momentum": 0.221867, "excess_performance": 0.160372, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.127662, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.117253, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.53756, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.110821, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.082333, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.057332, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.221867, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.684596, "read": "Supply-led" } ], "volume": { "latest": 960719, "relative_activity": 0.910601, "balance": 0.684596, "dry_up": 0.919101, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.04812, "annualized_volatility": 0.256989, "from_high_reference": -0.070833, "from_low_reference": 0.424879 }, "levels": { "trend_reference": 316.406865, "fair_value_reference": 232.055936, "structural_low": 269.071154, 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367.200012, "volume": 1060863, "typical_volume": 1118523.2, "trend": 306.289467, "fair_value": 227.824221, "relative_strength": 18.003467, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.600901, "energy": 78.658357, "activity_lines": [ 365.293331, 356.607271, 337.960404, 324.300022 ] }, { "date": "2026-07-24", "close": 365.799988, "volume": 921131, "typical_volume": 1096971.3, "trend": 309.753541, "fair_value": 229.255927, "relative_strength": 15.282529, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.657038, "energy": 72.504997, "activity_lines": [ 366.319995, 360.243632, 342.091848, 328.13941 ] }, { "date": "2026-07-31", "close": 365.0, "volume": 936034, "typical_volume": 1069737.9, "trend": 313.184468, "fair_value": 230.668545, "relative_strength": 13.095594, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.071672, "energy": 59.763673, "activity_lines": [ 366.146663, 362.549087, 345.735557, 331.703698 ] }, { "date": "2026-08-07", "close": 356.799988, "volume": 960719, "typical_volume": 1055038.75, "trend": 316.406865, "fair_value": 232.055936, "relative_strength": 8.233338, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.479715, "energy": 51.708338, "activity_lines": [ 362.839994, 362.585449, 348.217422, 334.517602 ] } ], "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." } } }