{ "ticker": { "uuid": "18831b67-d957-4d9f-9468-cf265e3c4daa", "symbol": "PION-B", "name": "PION 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": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 72.944, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 58.219, "architecture_energy": 57.775, "architecture_maturity": 12.175, "architecture_confidence": 74.819, "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": 15.27, "rotation_up": 63.82, "upward_expansion": 85.76, "deceleration": 45.89, "rotation_down": 12.0, "downward_expansion": 12.43 }, "activity_lines": [ 5.86, 5.689455, 5.576238, 5.459204 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 5.9, "trend_reference": 5.353, "distance_from_trend": 0.102186, "trend_direction": "Improving", "fair_value": 6.059648, "distance_from_fair_value": -0.026346, "fair_value_direction": "Improving", "relative_strength": -4.316706, "relative_strength_direction": "Improving", "price_momentum": 0.061151, "excess_performance": -0.000343, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.102186, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.015043, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.026346, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.105448, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.043167, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.073813, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.061151, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.919332, "read": "Supply-led" } ], "volume": { "latest": 101845, "relative_activity": 2.129742, "balance": 0.919332, "dry_up": 0.939762, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.08631, "annualized_volatility": 0.222, "from_high_reference": -0.080997, "from_low_reference": 0.282609 }, "levels": { "trend_reference": 5.353, "fair_value_reference": 6.059648, "structural_low": 4.6, "invalidation": "A 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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." } } }