{ "ticker": { "uuid": "51fc7235-96d6-49ff-ad2b-bbf62461378e", "symbol": "XVIVO", "name": "Xvivo Perfusion 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": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 69.339, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 25.509, "architecture_energy": 19.618, "architecture_maturity": 57.077, "architecture_confidence": 91.374, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 41.75, "rotation_up": 29.8, "upward_expansion": 47.73, "deceleration": 77.61, "rotation_down": 35.23, "downward_expansion": 32.4 }, "activity_lines": [ 260.813333, 262.10182, 268.074286, 258.935269 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 278.600006, "trend_reference": 244.516667, "distance_from_trend": 0.139391, "trend_direction": "Improving", "fair_value": 314.546795, "distance_from_fair_value": -0.114281, "fair_value_direction": "Weakening", "relative_strength": 15.495036, "relative_strength_direction": "Weakening", "price_momentum": 0.38607, "excess_performance": 0.324575, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.139391, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.130068, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.114281, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.016843, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.15495, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.041015, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.38607, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.821889, "read": "Supply-led" } ], "volume": { "latest": 256434, "relative_activity": 0.732267, "balance": 0.821889, "dry_up": 1.020542, "accumulation_observations": 0, "distribution_observations": 2 }, "risk": { "range_context": 0.080071, "annualized_volatility": 0.534049, "from_high_reference": -0.102448, "from_low_reference": 0.74125 }, "levels": { "trend_reference": 244.516667, "fair_value_reference": 314.546795, "structural_low": 171.800003, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 7, "median_return": -0.054348, "positive_rate": 0.142857, "directional_follow_through": 0.142857, "median_excess_return": -0.036477, "regime_survival": 0.428571, "best_return": 0.076067, "worst_return": -0.111898, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": -0.068808, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.024995, "regime_survival": 0.0, "best_return": 0.41744, "worst_return": -0.351275, "sufficient": false }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.134993, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.112626, "regime_survival": 0.0, "best_return": 0.918367, "worst_return": -0.408103, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.611898, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.421451, "regime_survival": 0.0, "best_return": 0.368336, "worst_return": -0.655731, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-01-26", "end": "2024-02-02", "tenure": "New", "return": -0.064014, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-02-09", "end": "2024-03-15", "tenure": "Developing", "return": 0.025974, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-03-22", "end": "2024-04-19", "tenure": "Developing", "return": 0.136445, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-04-26", "end": "2024-09-20", "tenure": "Established", "return": 0.378016, "active": 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255.087313 ] }, { "date": "2026-07-24", "close": 235.199997, "volume": 217465, "typical_volume": 374484.8, "trend": 238.970001, "fair_value": 314.912821, "relative_strength": 1.337309, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.939002, "energy": 12.759234, "activity_lines": [ 252.840003, 259.95273, 266.246192, 254.95441 ] }, { "date": "2026-07-31", "close": 263.799988, "volume": 271052, "typical_volume": 362149.5, "trend": 241.726667, "fair_value": 314.603846, "relative_strength": 11.905152, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.650495, "energy": 16.095, "activity_lines": [ 254.533331, 259.403637, 266.657143, 256.556344 ] }, { "date": "2026-08-07", "close": 278.600006, "volume": 256434, "typical_volume": 350192.0, "trend": 244.516667, "fair_value": 314.546795, "relative_strength": 15.495036, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.508859, "energy": 19.617957, "activity_lines": [ 260.813333, 262.10182, 268.074286, 258.935269 ] } ], "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." } } }