{ "ticker": { "uuid": "1f01406d-ae64-403d-a3ef-0eb344e3c3d9", "symbol": "HNSA", "name": "Hansa Biopharma 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": 96.0, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Value reclamation", "architecture_gate": "up", "architecture_direction": 72.553, "architecture_energy": 55.362, "architecture_maturity": 35.053, "architecture_confidence": 86.251, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The prior uptrend is attempting to re-accelerate.", "body": "Positive Trend survived a recompression and Fast Activity is strengthening again. Promotion requires renewed confirmation across the completed evidence set." }, "scores": { "balance": 24.24, "rotation_up": 65.04, "upward_expansion": 82.74, "deceleration": 49.55, "rotation_down": 13.18, "downward_expansion": 9.41 }, "activity_lines": [ 37.22, 35.759273, 33.810762, 33.042323 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 40.720001, "trend_reference": 32.887333, "distance_from_trend": 0.238167, "trend_direction": "Improving", "fair_value": 32.776667, "distance_from_fair_value": 0.242347, "fair_value_direction": "Improving", "relative_strength": 10.623802, "relative_strength_direction": "Improving", "price_momentum": 0.124241, "excess_performance": 0.062746, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.238167, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.0387, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.242347, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.400049, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.106238, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.262448, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.124241, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.598089, "read": "Demand-led" } ], "volume": { "latest": 5431729, "relative_activity": 2.435179, "balance": 2.598089, "dry_up": 2.173107, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.123054, "annualized_volatility": 0.710217, "from_high_reference": -0.07032, "from_low_reference": 0.731293 }, "levels": { "trend_reference": 32.887333, "fair_value_reference": 32.776667, "structural_low": 23.52, "invalidation": "A sustained loss 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31.779429, 31.926065 ] }, { "date": "2026-07-17", "close": 32.34, "volume": 943355, "typical_volume": 1541475.4, "trend": 32.268667, "fair_value": 33.006859, "relative_strength": -7.260364, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 15.554781, "energy": 16.6093, "activity_lines": [ 33.426667, 33.242182, 31.893905, 31.937032 ] }, { "date": "2026-07-24", "close": 39.419998, "volume": 7730775, "typical_volume": 1823719.45, "trend": 32.541333, "fair_value": 32.939038, "relative_strength": 10.860229, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.340983, "energy": 45.37343, "activity_lines": [ 35.453333, 34.430909, 32.689619, 32.398409 ] }, { "date": "2026-07-31", "close": 34.400002, "volume": 5282825, "typical_volume": 2007572.25, "trend": 32.598, "fair_value": 32.820128, "relative_strength": -4.559992, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 26.734837, "energy": 26.635458, "activity_lines": [ 35.326667, 34.529091, 32.960952, 32.518323 ] }, { "date": "2026-08-07", "close": 40.720001, "volume": 5431729, "typical_volume": 2230525.65, "trend": 32.887333, "fair_value": 32.776667, "relative_strength": 10.623802, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 72.552952, "energy": 55.361977, "activity_lines": [ 37.22, 35.759273, 33.810762, 33.042323 ] } ], "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." } } }