{ "ticker": { "uuid": "20924223-36e9-466a-9098-a43182c0ae33", "symbol": "NEPA", "name": "Nepa 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": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 48.387, "architecture_energy": 27.696, "architecture_maturity": 25.932, "architecture_confidence": 58.286, "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": 33.53, "rotation_up": 42.16, "upward_expansion": 71.6, "deceleration": 65.05, "rotation_down": 27.7, "downward_expansion": 9.6 }, "activity_lines": [ 20.113334, 20.082727, 19.923572, 19.51 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 19.5, "trend_reference": 18.79, "distance_from_trend": 0.037786, "trend_direction": "Improving", "fair_value": 20.101404, "distance_from_fair_value": -0.029918, "fair_value_direction": "Weakening", "relative_strength": -0.889976, "relative_strength_direction": "Weakening", "price_momentum": 0.278689, "excess_performance": 0.217194, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.037786, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.08917, "read": "Rising" }, { "label": "Price 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17.866667, "fair_value": 19.993054, "relative_strength": 1.588213, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.90187, "energy": 30.0925, "activity_lines": [ 20.013333, 20.032727, 19.404524, 18.782688 ] }, { "date": "2026-07-03", "close": 19.799999, "volume": 14101, "typical_volume": 48105.55, "trend": 18.011667, "fair_value": 20.010818, "relative_strength": 0.225642, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.49688, "energy": 26.171358, "activity_lines": [ 19.856666, 20.046364, 19.481191, 18.907419 ] }, { "date": "2026-07-10", "close": 20.200001, "volume": 11105, "typical_volume": 39266.15, "trend": 18.166667, "fair_value": 20.031422, "relative_strength": 4.924573, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.62217, "energy": 25.099173, "activity_lines": [ 19.946667, 20.101818, 19.578095, 19.048602 ] }, { "date": "2026-07-17", "close": 20.5, "volume": 16819, "typical_volume": 36169.9, "trend": 18.33, "fair_value": 20.05395, "relative_strength": 7.95835, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.80306, "energy": 28.095883, "activity_lines": [ 20.123333, 20.166364, 19.700714, 19.19914 ] }, { "date": "2026-07-24", "close": 20.200001, "volume": 10998, "typical_volume": 35146.75, "trend": 18.496667, "fair_value": 20.067369, "relative_strength": 5.160101, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.337607, "energy": 30.895855, "activity_lines": [ 20.186667, 20.162728, 19.790238, 19.319785 ] }, { "date": "2026-07-31", "close": 20.6, "volume": 5983, "typical_volume": 34191.7, "trend": 18.655, "fair_value": 20.085563, "relative_strength": 6.153402, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.73493, "energy": 35.709007, "activity_lines": [ 20.366667, 20.221818, 19.915476, 19.455484 ] }, { "date": "2026-08-07", "close": 19.5, "volume": 44100, "typical_volume": 34969.45, "trend": 18.79, "fair_value": 20.101404, "relative_strength": -0.889976, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.387357, "energy": 27.696367, "activity_lines": [ 20.113334, 20.082727, 19.923572, 19.51 ] } ], "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." } } }