{
  "ticker": {
    "uuid": "3cf4791f-dc7c-47a6-afec-810e0a57de05",
    "symbol": "SF",
    "name": "Stillfront Group 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": 73.024,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 79.542,
    "architecture_energy": 80.782,
    "architecture_maturity": 24.0,
    "architecture_confidence": 73.946,
    "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": 31.32,
        "rotation_up": 76.37,
        "upward_expansion": 87.89,
        "deceleration": 47.88,
        "rotation_down": 10.77,
        "downward_expansion": 19.22
      },
      "activity_lines": [
        5.8318,
        5.226309,
        5.078352,
        4.922054
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.333333
    },
    "latest_close": 6.425,
    "trend_reference": 4.825933,
    "distance_from_trend": 0.331349,
    "trend_direction": "Weakening",
    "fair_value": 7.983013,
    "distance_from_fair_value": -0.195166,
    "fair_value_direction": "Improving",
    "relative_strength": 7.093945,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.447072,
    "excess_performance": 0.385578,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.331349,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.087852,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.195166,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.202363,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.070939,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.214904,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.447072,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.38925,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 9231333,
      "relative_activity": 1.025292,
      "balance": 1.38925,
      "dry_up": 1.502995,
      "accumulation_observations": 2,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.100748,
      "annualized_volatility": 0.706881,
      "from_high_reference": -0.093794,
      "from_low_reference": 0.878655
    },
    "levels": {
      "trend_reference": 4.825933,
      "fair_value_reference": 7.983013,
      "structural_low": 3.42,
      "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": 2,
        "median_return": -0.062489,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.053926,
        "regime_survival": 0.5,
        "best_return": 0.091503,
        "worst_return": -0.21648,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 1,
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        "regime_survival": 0.0,
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        "sufficient": false
      },
      {
        "horizon": "Extended",
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        "sufficient": false
      },
      {
        "horizon": "Full cycle",
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        "worst_return": -0.368715,
        "sufficient": false
      }
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      },
      {
        "regime": "deceleration",
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      },
      {
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 8673118.4,
        "trend": 4.784433,
        "fair_value": 8.137853,
        "relative_strength": -6.2548,
        "stage": 1,
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        "modifier": "Early contraction",
        "gate": "down",
        "direction": -1.644603,
        "energy": 3.816456,
        "activity_lines": [
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      },
      {
        "date": "2026-07-31",
        "close": 6.625,
        "volume": 21451064,
        "typical_volume": 9186346.8,
        "trend": 4.794267,
        "fair_value": 8.062981,
        "relative_strength": 12.759733,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.842843,
        "energy": 59.380342,
        "activity_lines": [
          5.355133,
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      },
      {
        "date": "2026-08-07",
        "close": 6.425,
        "volume": 9231333,
        "typical_volume": 9003610.75,
        "trend": 4.825933,
        "fair_value": 7.983013,
        "relative_strength": 7.093945,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.542277,
        "energy": 80.781858,
        "activity_lines": [
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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."
    }
  }
}