{ "ticker": { "uuid": "1c5d728e-1fa1-463d-8d38-2b928210744d", "symbol": "FLUO", "name": "FluoGuide A/S", "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": 95.429, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -45.334, "architecture_energy": 71.489, "architecture_maturity": 18.681, "architecture_confidence": 77.081, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 18.15, "rotation_up": 16.12, "upward_expansion": 24.07, "deceleration": 43.03, "rotation_down": 75.86, "downward_expansion": 65.74 }, "activity_lines": [ 32.213333, 35.465454, 38.515238, 38.651828 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 31.1, "trend_reference": 38.09, "distance_from_trend": -0.183513, "trend_direction": "Improving", "fair_value": 47.40641, "distance_from_fair_value": -0.343971, "fair_value_direction": "Weakening", "relative_strength": -28.913351, "relative_strength_direction": "Weakening", "price_momentum": -0.101156, "excess_performance": -0.16265, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.183513, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.001753, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.343971, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.179615, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.289134, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.270531, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.101156, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.142771, "read": "Supply-led" } ], "volume": { "latest": 45581, "relative_activity": 1.499543, "balance": 0.142771, "dry_up": 1.900023, "accumulation_observations": 0, "distribution_observations": 4 }, "risk": { "range_context": 0.137769, "annualized_volatility": 0.674746, "from_high_reference": -0.346639, "from_low_reference": 0.110714 }, "levels": { "trend_reference": 38.09, "fair_value_reference": 47.40641, "structural_low": 28.0, "invalidation": "Reclaiming 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38.523333, "fair_value": 48.436538, "relative_strength": -21.367668, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -32.585278, "energy": 32.970572, "activity_lines": [ 37.739999, 40.314545, 40.960476, 39.944946 ] }, { "date": "2026-07-24", "close": 32.5, "volume": 59336, "typical_volume": 34062.45, "trend": 38.4, "fair_value": 48.147436, "relative_strength": -24.4293, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -35.840006, "energy": 52.313131, "activity_lines": [ 35.386666, 38.661818, 40.221428, 39.556344 ] }, { "date": "2026-07-31", "close": 31.5, "volume": 24236, "typical_volume": 32624.25, "trend": 38.22, "fair_value": 47.822436, "relative_strength": -27.137694, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.638965, "energy": 66.341891, "activity_lines": [ 33.526666, 37.009091, 39.390476, 39.111183 ] }, { "date": "2026-08-07", "close": 31.1, "volume": 45581, "typical_volume": 30396.6, "trend": 38.09, "fair_value": 47.40641, "relative_strength": -28.913351, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.333986, "energy": 71.489408, "activity_lines": [ 32.213333, 35.465454, 38.515238, 38.651828 ] } ], "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." } } }