{
  "ticker": {
    "uuid": "1619b0ee-f31e-4b9e-9ecf-43e97e6a52dc",
    "symbol": "ALTRA",
    "name": "Altra Fastigheter 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": "2a",
    "phase_label": "Stage 2A \u00b7 Early advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 74.008,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 80.756,
    "architecture_energy": 85.169,
    "architecture_maturity": 17.634,
    "architecture_confidence": 68.634,
    "architecture_tenure": "New",
    "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": 11.64,
        "rotation_up": 83.97,
        "upward_expansion": 97.14,
        "deceleration": 39.03,
        "rotation_down": 8.78,
        "downward_expansion": 19.14
      },
      "activity_lines": [
        77.819999,
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        71.178307
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 1.0
    },
    "latest_close": 80.099998,
    "trend_reference": 69.930111,
    "distance_from_trend": 0.145429,
    "trend_direction": "Improving",
    "fair_value": 83.811606,
    "distance_from_fair_value": -0.044285,
    "fair_value_direction": "Improving",
    "relative_strength": -2.484536,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.140111,
    "excess_performance": 0.078617,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.145429,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.003619,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.044285,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.121768,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.024845,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.158625,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.140111,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 4.20129,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 1728812,
      "relative_activity": 1.097315,
      "balance": 4.20129,
      "dry_up": 1.241035,
      "accumulation_observations": 5,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.048929,
      "annualized_volatility": 0.328442,
      "from_high_reference": -0.07063,
      "from_low_reference": 0.357365
    },
    "levels": {
      "trend_reference": 69.930111,
      "fair_value_reference": 83.811606,
      "structural_low": 59.011386,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 19,
        "median_return": 0.001732,
        "positive_rate": 0.526316,
        "directional_follow_through": 0.526316,
        "median_excess_return": 0.004854,
        "regime_survival": 0.736842,
        "best_return": 0.153899,
        "worst_return": -0.145937,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 7,
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        "worst_return": -0.275149,
        "sufficient": true
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        "horizon": "Extended",
        "sample_count": 4,
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        "worst_return": -0.208114,
        "sufficient": false
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        "horizon": "Full cycle",
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        "regime": "rotation_down",
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        "regime": "downward_expansion",
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      },
      {
        "date": "2026-04-17",
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        "date": "2026-04-24",
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        "date": "2026-05-01",
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      },
      {
        "date": "2026-05-08",
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        "date": "2026-05-15",
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      },
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        "date": "2026-05-22",
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      },
      {
        "date": "2026-05-29",
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      {
        "date": "2026-06-05",
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      },
      {
        "date": "2026-07-03",
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      },
      {
        "date": "2026-07-10",
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      },
      {
        "date": "2026-07-17",
        "close": 76.25,
        "volume": 2048850,
        "typical_volume": 1745437.45,
        "trend": 69.261451,
        "fair_value": 83.521058,
        "relative_strength": -4.135961,
        "stage": 1,
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          73.236666,
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      },
      {
        "date": "2026-07-24",
        "close": 76.25,
        "volume": 1468044,
        "typical_volume": 1681648.1,
        "trend": 69.457981,
        "fair_value": 83.614762,
        "relative_strength": -5.07531,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.032656,
        "energy": 74.35893,
        "activity_lines": [
          74.81,
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          70.789973,
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      },
      {
        "date": "2026-07-31",
        "close": 77.949997,
        "volume": 2575265,
        "typical_volume": 1629204.0,
        "trend": 69.685103,
        "fair_value": 83.710451,
        "relative_strength": -3.778883,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.363737,
        "energy": 78.150913,
        "activity_lines": [
          76.346665,
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          71.628603,
          70.506378
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      },
      {
        "date": "2026-08-07",
        "close": 80.099998,
        "volume": 1728812,
        "typical_volume": 1575493.45,
        "trend": 69.930111,
        "fair_value": 83.811606,
        "relative_strength": -2.484536,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.756028,
        "energy": 85.169419,
        "activity_lines": [
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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."
    }
  }
}