{ "ticker": { "uuid": "1ba5693e-e610-41d7-9677-474df31fb75a", "symbol": "AAK", "name": "AAK 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": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -71.612, "architecture_energy": 85.771, "architecture_maturity": 16.931, "architecture_confidence": 83.829, "architecture_tenure": "New", "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": 14.8, "rotation_up": 10.8, "upward_expansion": 22.68, "deceleration": 34.17, "rotation_down": 78.51, "downward_expansion": 93.68 }, "activity_lines": [ 206.479999, 215.981817, 228.111886, 231.149824 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 202.800003, "trend_reference": 234.89552, "distance_from_trend": -0.136637, "trend_direction": "Weakening", "fair_value": 249.361425, "distance_from_fair_value": -0.186723, "fair_value_direction": "Weakening", "relative_strength": -25.786832, "relative_strength_direction": "Weakening", "price_momentum": -0.173206, "excess_performance": -0.234701, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.136637, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.042092, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.186723, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.232528, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.257868, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.199344, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.173206, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.392282, "read": "Supply-led" } ], "volume": { "latest": 3268100, "relative_activity": 1.409415, "balance": 0.392282, "dry_up": 1.81783, "accumulation_observations": 2, "distribution_observations": 5 }, "risk": { "range_context": 0.063951, "annualized_volatility": 0.313332, "from_high_reference": -0.242354, "from_low_reference": 0.031012 }, "levels": { "trend_reference": 234.89552, "fair_value_reference": 249.361425, 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237.759673, 238.101346 ] }, { "date": "2026-07-24", "close": 198.0, "volume": 4921851, "typical_volume": 2270369.1, "trend": 237.885629, "fair_value": 249.085314, "relative_strength": -26.089373, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.000955, "energy": 75.772375, "activity_lines": [ 217.653332, 225.25818, 234.019298, 235.413526 ] }, { "date": "2026-07-31", "close": 205.399994, "volume": 3884811, "typical_volume": 2309445.3, "trend": 236.401744, "fair_value": 249.220934, "relative_strength": -23.890734, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.486751, "energy": 81.483765, "activity_lines": [ 211.666664, 220.403634, 231.130737, 233.317678 ] }, { "date": "2026-08-07", "close": 202.800003, "volume": 3268100, "typical_volume": 2318763.3, "trend": 234.89552, "fair_value": 249.361425, "relative_strength": -25.786832, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.612114, "energy": 85.770732, "activity_lines": [ 206.479999, 215.981817, 228.111886, 231.149824 ] } ], "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." } } }