{ "ticker": { "uuid": "349cbe63-5b60-41ca-8452-c9320afd8a41", "symbol": "ORES", "name": "Investment AB \u00d6resund (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": 86.554, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -10.004, "architecture_energy": 19.02, "architecture_maturity": 19.157, "architecture_confidence": 77.307, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 43.52, "rotation_up": 22.05, "upward_expansion": 22.4, "deceleration": 66.16, "rotation_down": 51.35, "downward_expansion": 38.4 }, "activity_lines": [ 138.493333, 138.774546, 142.467331, 141.956163 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 144.399994, "trend_reference": 138.646015, "distance_from_trend": 0.041501, "trend_direction": "Improving", "fair_value": 110.002557, "distance_from_fair_value": 0.312697, "fair_value_direction": "Weakening", "relative_strength": 1.194842, "relative_strength_direction": "Weakening", "price_momentum": 0.168164, "excess_performance": 0.10667, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.041501, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.075967, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.312697, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.055659, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.011948, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.076686, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.168164, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.388297, "read": "Demand-led" } ], "volume": { "latest": 290267, "relative_activity": 1.467089, "balance": 1.388297, "dry_up": 0.97503, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.042084, "annualized_volatility": 0.247904, "from_high_reference": -0.088384, "from_low_reference": 0.336852 }, "levels": { "trend_reference": 138.646015, "fair_value_reference": 110.002557, "structural_low": 123.612776, "invalidation": "A 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"2026-07-24", "close": 132.800003, "volume": 120576, "typical_volume": 206304.65, "trend": 136.893606, "fair_value": 109.269214, "relative_strength": -3.84589, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.150003, "energy": 66.778262, "activity_lines": [ 134.106669, 139.149093, 142.795278, 141.337631 ] }, { "date": "2026-07-31", "close": 139.800003, "volume": 179863, "typical_volume": 201475.65, "trend": 137.719141, "fair_value": 109.617934, "relative_strength": -0.074771, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.060794, "energy": 55.005527, "activity_lines": [ 135.573336, 138.418184, 142.418303, 141.52514 ] }, { "date": "2026-08-07", "close": 144.399994, "volume": 290267, "typical_volume": 197852.4, "trend": 138.646015, "fair_value": 110.002557, "relative_strength": 1.194842, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -10.00353, "energy": 19.0198, "activity_lines": [ 138.493333, 138.774546, 142.467331, 141.956163 ] } ], "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." } } }