{
  "ticker": {
    "uuid": "321d2e4a-fd3e-4b2c-8429-0336bfde5bf7",
    "symbol": "PRIC-B",
    "name": "Pricer 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": "1b",
    "phase_label": "Stage 1B \u00b7 Basing",
    "transition": "stage_1_building",
    "transition_label": "Base still building",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 67.132,
    "architecture_energy": 87.839,
    "architecture_maturity": 20.841,
    "architecture_confidence": 72.704,
    "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": 18.44,
        "rotation_up": 78.24,
        "upward_expansion": 95.33,
        "deceleration": 44.67,
        "rotation_down": 10.69,
        "downward_expansion": 24.33
      },
      "activity_lines": [
        4.364667,
        4.011818,
        3.802619,
        3.642226
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.5
    },
    "latest_close": 4.39,
    "trend_reference": 3.553167,
    "distance_from_trend": 0.235518,
    "trend_direction": "Weakening",
    "fair_value": 7.427821,
    "distance_from_fair_value": -0.408979,
    "fair_value_direction": "Improving",
    "relative_strength": -0.64831,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.186486,
    "excess_performance": 0.124992,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.235518,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.02724,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.408979,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.085204,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.006483,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.186427,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.186486,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.054979,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 768927,
      "relative_activity": 0.48718,
      "balance": 1.054979,
      "dry_up": 0.940308,
      "accumulation_observations": 1,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.07228,
      "annualized_volatility": 0.51276,
      "from_high_reference": -0.203267,
      "from_low_reference": 0.650376
    },
    "levels": {
      "trend_reference": 3.553167,
      "fair_value_reference": 7.427821,
      "structural_low": 2.66,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 8,
        "median_return": -0.021765,
        "positive_rate": 0.375,
        "directional_follow_through": 0.375,
        "median_excess_return": -0.011973,
        "regime_survival": 0.75,
        "best_return": 0.2,
        "worst_return": -0.083333,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 3,
        "median_return": -0.007044,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.071124,
        "regime_survival": 0.333333,
        "best_return": 0.272362,
        "worst_return": -0.07425,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 2,
        "median_return": -0.046476,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.164482,
        "regime_survival": 0.0,
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        "worst_return": -0.270841,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": -0.288281,
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        "worst_return": -0.562492,
        "sufficient": false
      }
    ],
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        "end": "2024-07-19",
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      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2024-09-13",
        "tenure": "Developing",
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        "regime": "rotation_down",
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        "regime": "downward_expansion",
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 1854988.85,
        "trend": 3.539167,
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        "relative_strength": -2.365544,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 37.596848,
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          3.624,
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          3.46128
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      },
      {
        "date": "2026-07-24",
        "close": 4.485,
        "volume": 1068841,
        "typical_volume": 1718419.2,
        "trend": 3.550167,
        "fair_value": 7.462849,
        "relative_strength": 3.766559,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 54.641505,
        "energy": 69.6796,
        "activity_lines": [
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      },
      {
        "date": "2026-07-31",
        "close": 4.575,
        "volume": 999356,
        "typical_volume": 1625155.3,
        "trend": 3.556,
        "fair_value": 7.445064,
        "relative_strength": 4.863743,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 84.125507,
        "energy": 92.288256,
        "activity_lines": [
          4.228333,
          3.89,
          3.720881,
          3.588419
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      },
      {
        "date": "2026-08-07",
        "close": 4.39,
        "volume": 768927,
        "typical_volume": 1578322.25,
        "trend": 3.553167,
        "fair_value": 7.427821,
        "relative_strength": -0.64831,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.132434,
        "energy": 87.83862,
        "activity_lines": [
          4.364667,
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      }
    ],
    "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."
    }
  }
}