{ "ticker": { "uuid": "19ea8d1c-4159-46af-8325-e132ac45b460", "symbol": "EVO", "name": "Evolution 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": 1, "stage_name": "Basing", "phase": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 93.116, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 71.425, "architecture_energy": 59.677, "architecture_maturity": 14.844, "architecture_confidence": 77.652, "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": 23.28, "rotation_up": 67.04, "upward_expansion": 86.22, "deceleration": 47.66, "rotation_down": 15.99, "downward_expansion": 10.56 }, "activity_lines": [ 716.240002, 701.585458, 687.979051, 664.580219 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 735.799988, "trend_reference": 634.006669, "distance_from_trend": 0.160556, "trend_direction": "Improving", "fair_value": 893.76963, "distance_from_fair_value": -0.176745, "fair_value_direction": "Improving", "relative_strength": -2.056754, "relative_strength_direction": "Improving", "price_momentum": 0.314868, "excess_performance": 0.253373, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.160556, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.037337, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.176745, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.153235, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.020568, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.13918, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.314868, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.336087, "read": "Demand-led" } ], "volume": { "latest": 3190523, "relative_activity": 1.152086, "balance": 3.336087, "dry_up": 1.460514, "accumulation_observations": 6, "distribution_observations": 2 }, "risk": { "range_context": 0.05982, "annualized_volatility": 0.288459, "from_high_reference": -0.171023, "from_low_reference": 0.427629 }, "levels": { "trend_reference": 634.006669, "fair_value_reference": 893.76963, 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[ 679.24001, 685.320004, 668.941909, 646.647746 ] }, { "date": "2026-07-24", "close": 695.0, "volume": 3819566, "typical_volume": 2794962.85, "trend": 626.680003, "fair_value": 900.365561, "relative_strength": -6.067586, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.892028, "energy": 30.91276, "activity_lines": [ 685.013342, 686.970913, 673.571433, 651.214197 ] }, { "date": "2026-07-31", "close": 728.200012, "volume": 4327209, "typical_volume": 2878019.05, "trend": 630.146669, "fair_value": 896.957882, "relative_strength": -2.0666, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 70.977794, "energy": 46.353638, "activity_lines": [ 701.693343, 693.843642, 680.726671, 657.763876 ] }, { "date": "2026-08-07", "close": 735.799988, "volume": 3190523, "typical_volume": 2769343.35, "trend": 634.006669, "fair_value": 893.76963, "relative_strength": -2.056754, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.424735, "energy": 59.676876, "activity_lines": [ 716.240002, 701.585458, 687.979051, 664.580219 ] } ], "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." } } }