{
  "ticker": {
    "uuid": "15e2ed1c-afa8-4fce-9bfe-be85b19bb043",
    "symbol": "SMCRT",
    "name": "SmartCraft 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": -61.681,
    "architecture_energy": 34.99,
    "architecture_maturity": 80.192,
    "architecture_confidence": 74.745,
    "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": 43.54,
        "rotation_up": 23.6,
        "upward_expansion": 3.22,
        "deceleration": 55.63,
        "rotation_down": 40.3,
        "downward_expansion": 69.55
      },
      "activity_lines": [
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      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.166667
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    "latest_close": 14.5,
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    "distance_from_trend": -0.157091,
    "trend_direction": "Weakening",
    "fair_value": 24.291474,
    "distance_from_fair_value": -0.403083,
    "fair_value_direction": "Weakening",
    "relative_strength": -38.381826,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.262087,
    "excess_performance": -0.323581,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.157091,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.14358,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.403083,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.098155,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.383818,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.043361,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.262087,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.560625,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 267142,
      "relative_activity": 0.411076,
      "balance": 2.560625,
      "dry_up": 0.229649,
      "accumulation_observations": 2,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.095597,
      "annualized_volatility": 0.458312,
      "from_high_reference": -0.493007,
      "from_low_reference": 0.090226
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    "levels": {
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      "fair_value_reference": 24.291474,
      "structural_low": 13.3,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
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    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 14,
        "median_return": -0.031795,
        "positive_rate": 0.357143,
        "directional_follow_through": 0.642857,
        "median_excess_return": -0.031554,
        "regime_survival": 0.857143,
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        "worst_return": -0.083969,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
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        "regime_survival": 0.75,
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        "worst_return": -0.177419,
        "sufficient": false
      },
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        "horizon": "Extended",
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        "median_return": -0.144544,
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        "sufficient": false
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      {
        "horizon": "Full cycle",
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        "regime": "upward_expansion",
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        "gate": "down",
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        "energy": 29.219296,
        "activity_lines": [
          16.925333,
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      },
      {
        "date": "2026-05-22",
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        "volume": 108405,
        "typical_volume": 469380.8,
        "trend": 20.414333,
        "fair_value": 24.663654,
        "relative_strength": -38.901226,
        "stage": 4,
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        "modifier": "Established contraction",
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        "energy": 31.114936,
        "activity_lines": [
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        "date": "2026-05-29",
        "close": 16.26,
        "volume": 2353132,
        "typical_volume": 587016.45,
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        "gate": "down",
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        "energy": 30.299309,
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      },
      {
        "date": "2026-06-05",
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        "typical_volume": 587572.55,
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        "fair_value": 24.603013,
        "relative_strength": -37.484931,
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        "modifier": "Established contraction",
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      },
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        "date": "2026-06-12",
        "close": 15.3,
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        "typical_volume": 590970.25,
        "trend": 19.722333,
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        "relative_strength": -38.927696,
        "stage": 4,
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        "date": "2026-06-19",
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      },
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        "date": "2026-06-26",
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        "relative_strength": -37.91915,
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        "energy": 54.646932,
        "activity_lines": [
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      },
      {
        "date": "2026-07-03",
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        "stage": 4,
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        "modifier": "Established contraction",
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        "direction": -58.641299,
        "energy": 47.370778,
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      },
      {
        "date": "2026-07-10",
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        "volume": 385012,
        "typical_volume": 620284.0,
        "trend": 18.607667,
        "fair_value": 24.429679,
        "relative_strength": -34.545465,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.907388,
        "energy": 37.372042,
        "activity_lines": [
          15.52,
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          16.040048,
          16.824753
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      },
      {
        "date": "2026-07-17",
        "close": 15.7,
        "volume": 174756,
        "typical_volume": 628944.1,
        "trend": 18.261,
        "fair_value": 24.396987,
        "relative_strength": -32.955065,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.955236,
        "energy": 26.049361,
        "activity_lines": [
          15.622667,
          15.622545,
          15.975619,
          16.637161
        ]
      },
      {
        "date": "2026-07-24",
        "close": 15.7,
        "volume": 56003,
        "typical_volume": 631694.25,
        "trend": 17.914333,
        "fair_value": 24.364295,
        "relative_strength": -32.947849,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -37.326268,
        "energy": 21.748397,
        "activity_lines": [
          15.698667,
          15.602545,
          15.91619,
          16.471936
        ]
      },
      {
        "date": "2026-07-31",
        "close": 15.74,
        "volume": 99060,
        "typical_volume": 636512.25,
        "trend": 17.605667,
        "fair_value": 24.331859,
        "relative_strength": -32.771838,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -34.995224,
        "energy": 20.065221,
        "activity_lines": [
          15.728,
          15.618909,
          15.871524,
          16.331656
        ]
      },
      {
        "date": "2026-08-07",
        "close": 14.5,
        "volume": 267142,
        "typical_volume": 649861.0,
        "trend": 17.202333,
        "fair_value": 24.291474,
        "relative_strength": -38.381826,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.680952,
        "energy": 34.989884,
        "activity_lines": [
          15.313333,
          15.414545,
          15.716667,
          16.13129
        ]
      }
    ],
    "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."
    }
  }
}