{
  "ticker": {
    "uuid": "457cb5b4-1efd-49cb-8beb-6d0852953698",
    "symbol": "MSAB-B",
    "name": "Micro Systemation 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": 2,
    "stage_name": "Advancing",
    "phase": "2c",
    "phase_label": "Stage 2C \u00b7 Late advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 74.994,
    "architecture_energy": 86.088,
    "architecture_maturity": 52.0,
    "architecture_confidence": 83.058,
    "architecture_tenure": "Established",
    "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": 7.3,
        "rotation_up": 83.01,
        "upward_expansion": 98.43,
        "deceleration": 39.03,
        "rotation_down": 8.98,
        "downward_expansion": 20.43
      },
      "activity_lines": [
        87.146666,
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        74.58815
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 1.0
    },
    "latest_close": 89.0,
    "trend_reference": 70.547488,
    "distance_from_trend": 0.261562,
    "trend_direction": "Improving",
    "fair_value": 55.492205,
    "distance_from_fair_value": 0.603829,
    "fair_value_direction": "Improving",
    "relative_strength": 19.41327,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.301504,
    "excess_performance": 0.24001,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.261562,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.090206,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.603829,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.351871,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.194133,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.197312,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.301504,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.67734,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 195897,
      "relative_activity": 2.510703,
      "balance": 1.67734,
      "dry_up": 1.609582,
      "accumulation_observations": 3,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.072909,
      "annualized_volatility": 0.375698,
      "from_high_reference": -0.065126,
      "from_low_reference": 0.667443
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    "levels": {
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      "fair_value_reference": 55.492205,
      "structural_low": 55.770089,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
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    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 25,
        "median_return": 0.001232,
        "positive_rate": 0.52,
        "directional_follow_through": 0.52,
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        "worst_return": -0.211356,
        "sufficient": true
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        "fair_value": 54.728919,
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      },
      {
        "date": "2026-07-24",
        "close": 84.0,
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        "typical_volume": 62623.0,
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        "fair_value": 54.96854,
        "relative_strength": 17.694564,
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        "energy": 77.293835,
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      },
      {
        "date": "2026-07-31",
        "close": 90.0,
        "volume": 163433,
        "typical_volume": 69662.25,
        "trend": 69.676305,
        "fair_value": 55.247808,
        "relative_strength": 23.662136,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.789714,
        "energy": 88.882144,
        "activity_lines": [
          85.08,
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      },
      {
        "date": "2026-08-07",
        "close": 89.0,
        "volume": 195897,
        "typical_volume": 78024.75,
        "trend": 70.547488,
        "fair_value": 55.492205,
        "relative_strength": 19.41327,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
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        "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."
    }
  }
}