{ "ticker": { "uuid": "32442f74-a0c7-4129-a698-2e6e12d34d22", "symbol": "BIOVIC-B", "name": "Biovica International 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": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 80.111, "architecture_energy": 83.5, "architecture_maturity": 22.0, "architecture_confidence": 77.419, "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": 12.19, "rotation_up": 81.31, "upward_expansion": 94.07, "deceleration": 41.86, "rotation_down": 8.44, "downward_expansion": 18.4 }, "activity_lines": [ 0.506133, 0.457036, 0.412267, 0.393985 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 0.552, "trend_reference": 0.382767, "distance_from_trend": 0.442132, "trend_direction": "Weakening", "fair_value": 1.820756, "distance_from_fair_value": -0.696829, "fair_value_direction": "Improving", "relative_strength": 6.269654, "relative_strength_direction": "Improving", "price_momentum": 0.243243, "excess_performance": 0.181749, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.442132, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.050756, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.696829, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.153741, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.062697, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.481324, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.243243, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 4.32051, "read": "Demand-led" } ], "volume": { "latest": 2304093, "relative_activity": 1.07505, "balance": 4.32051, "dry_up": 1.599966, "accumulation_observations": 6, "distribution_observations": 1 }, "risk": { "range_context": 0.130435, "annualized_volatility": 0.831088, "from_high_reference": -0.195335, "from_low_reference": 1.044444 }, "levels": { "trend_reference": 0.382767, "fair_value_reference": 1.820756, "structural_low": 0.27, "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": 5, "median_return": -0.079588, "positive_rate": 0.2, "directional_follow_through": 0.2, "median_excess_return": -0.094965, "regime_survival": 0.4, "best_return": 0.144068, "worst_return": -0.1777, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 2, "median_return": -0.226601, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.239452, "regime_survival": 0.0, "best_return": -0.143728, "worst_return": -0.309474, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": -0.333696, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.355731, "regime_survival": 0.0, "best_return": -0.320702, "worst_return": -0.34669, "sufficient": false }, { "horizon": "Full cycle", 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"Rotation Up", "color": "teal", "start": "2024-06-28", "end": "2024-08-02", "tenure": "Developing", "return": 0.052727, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-08-09", "end": "2024-09-20", "tenure": "Developing", "return": -0.052632, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-09-27", "end": "2024-10-25", "tenure": "Developing", "return": -0.153101, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-11-01", "end": "2024-12-06", "tenure": "Developing", "return": 0.256293, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-13", "end": "2024-12-27", "tenure": "New", "return": -0.142459, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-03", "end": "2026-01-30", "tenure": "Extended", "return": 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1.92741, "relative_strength": 2.858695, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 54.200671, "energy": 61.892948, "activity_lines": [ 0.440933, 0.409673, 0.382576, 0.374903 ] }, { "date": "2026-07-31", "close": 0.5, "volume": 3109254, "typical_volume": 2413483.8, "trend": 0.379267, "fair_value": 1.869461, "relative_strength": -2.782919, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 71.211339, "energy": 75.393587, "activity_lines": [ 0.469867, 0.430255, 0.395448, 0.382841 ] }, { "date": "2026-08-07", "close": 0.552, "volume": 2304093, "typical_volume": 2143242.55, "trend": 0.382767, "fair_value": 1.820756, "relative_strength": 6.269654, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.110633, "energy": 83.500005, "activity_lines": [ 0.506133, 0.457036, 0.412267, 0.393985 ] } ], "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." } } }