{ "ticker": { "uuid": "3436cb01-9ebc-4902-bf6b-98a2fd3ef568", "symbol": "SAGA-A", "name": "AB Sagax (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": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -14.908, "architecture_energy": 18.805, "architecture_maturity": 100.0, "architecture_confidence": 39.517, "architecture_tenure": "Extended", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 48.84, "rotation_up": 43.27, "upward_expansion": 24.36, "deceleration": 38.3, "rotation_down": 16.03, "downward_expansion": 51.36 }, "activity_lines": [ 166.8, 163.309091, 164.941519, 167.364133 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 169.5, "trend_reference": 171.732263, "distance_from_trend": -0.012999, "trend_direction": "Weakening", "fair_value": 216.845644, "distance_from_fair_value": -0.218338, "fair_value_direction": "Weakening", "relative_strength": -18.529823, "relative_strength_direction": "Weakening", "price_momentum": -0.041455, "excess_performance": -0.102949, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.012999, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.06401, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.218338, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.024727, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.185298, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.008108, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.041455, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.374018, "read": "Supply-led" } ], "volume": { "latest": 3762, "relative_activity": 0.597204, "balance": 0.374018, "dry_up": 1.196393, "accumulation_observations": 1, "distribution_observations": 4 }, "risk": { "range_context": 0.055366, "annualized_volatility": 0.32348, "from_high_reference": -0.237809, "from_low_reference": 0.153061 }, "levels": { "trend_reference": 171.732263, "fair_value_reference": 216.845644, "structural_low": 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"typical_volume": 6025.65, "trend": 174.349452, "fair_value": 217.956467, "relative_strength": -16.261185, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.25588, "energy": 25.971421, "activity_lines": [ 161.633333, 160.272727, 165.352798, 168.741172 ] }, { "date": "2026-07-24", "close": 161.5, "volume": 13176, "typical_volume": 6413.55, "trend": 173.3486, "fair_value": 217.545036, "relative_strength": -21.034869, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.950366, "energy": 22.324269, "activity_lines": [ 162.766667, 160.263636, 164.716028, 167.912175 ] }, { "date": "2026-07-31", "close": 168.0, "volume": 3105, "typical_volume": 6398.35, "trend": 172.646054, "fair_value": 217.211897, "relative_strength": -18.348642, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.311452, "energy": 19.73579, "activity_lines": [ 165.1, 161.654545, 164.75498, 167.567104 ] }, { "date": "2026-08-07", "close": 169.5, "volume": 3762, "typical_volume": 6299.35, "trend": 171.732263, "fair_value": 216.845644, "relative_strength": -18.529823, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -14.907976, "energy": 18.805232, "activity_lines": [ 166.8, 163.309091, 164.941519, 167.364133 ] } ], "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." } } }