{ "ticker": { "uuid": "5206f05e-c84d-4db6-aabe-83e72fdfcaeb", "symbol": "NETI-B", "name": "Net Insight 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": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -29.534, "architecture_energy": 69.563, "architecture_maturity": 12.897, "architecture_confidence": 79.641, "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": 31.6, "rotation_up": 14.01, "upward_expansion": 31.47, "deceleration": 49.17, "rotation_down": 72.61, "downward_expansion": 58.8 }, "activity_lines": [ 2.380667, 2.831364, 3.199976, 3.089022 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 2.525, "trend_reference": 2.923167, "distance_from_trend": -0.136211, "trend_direction": "Weakening", "fair_value": 4.780814, "distance_from_fair_value": -0.471847, "fair_value_direction": "Weakening", "relative_strength": -35.810091, "relative_strength_direction": "Weakening", "price_momentum": 0.216867, "excess_performance": 0.155373, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.136211, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.073041, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.471847, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.252967, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.358101, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.327931, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.216867, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.785373, "read": "Supply-led" } ], "volume": { "latest": 3299945, "relative_activity": 0.851528, "balance": 0.785373, "dry_up": 0.99547, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.178979, "annualized_volatility": 0.863364, "from_high_reference": -0.509709, "from_low_reference": 0.350267 }, "levels": { "trend_reference": 2.923167, "fair_value_reference": 4.780814, "structural_low": 1.87, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 6, "median_return": 0.013096, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.027062, "regime_survival": 0.333333, "best_return": 0.205341, "worst_return": -0.098967, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": -0.292126, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.266585, "regime_survival": 0.0, "best_return": 0.302671, "worst_return": -0.431193, "sufficient": false }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.132744, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.179357, "regime_survival": 0.0, "best_return": 0.548961, "worst_return": -0.283305, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, 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"start": "2025-09-05", "end": "2025-09-19", "tenure": "New", "return": 0.005941, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-26", "end": "2025-10-10", "tenure": "New", "return": -0.164054, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-17", "end": "2025-10-24", "tenure": "New", "return": -0.005263, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-10-31", "end": "2025-11-14", "tenure": "New", "return": 0.065531, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-21", "end": "2025-12-19", "tenure": "Developing", "return": 0.014589, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-26", "end": "2026-05-01", "tenure": "Established", "return": -0.137306, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-08", "end": "2026-06-19", "tenure": "Developing", "return": 0.049544, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-26", "end": "2026-07-10", "tenure": "New", "return": -0.349367, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-17", "end": "2026-07-31", "tenure": "New", "return": -0.077244, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 4.134, "volume": 2295120, "typical_volume": 3743186.9, "trend": 5.4723, "fair_value": 4.111955, "relative_strength": -28.002742, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.290972, 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"mixed", "direction": -25.519117, "energy": 32.847992, "activity_lines": [ 3.070667, 3.492545, 3.440119, 3.220699 ] }, { "date": "2026-07-24", "close": 2.295, "volume": 2887593, "typical_volume": 3891114.9, "trend": 3.024833, "fair_value": 4.808205, "relative_strength": -41.219971, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -40.598034, "energy": 47.29898, "activity_lines": [ 2.709, 3.231273, 3.354929, 3.170247 ] }, { "date": "2026-07-31", "close": 2.21, "volume": 2182037, "typical_volume": 3867117.85, "trend": 2.969167, "fair_value": 4.792885, "relative_strength": -43.397527, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -40.599826, "energy": 55.776436, "activity_lines": [ 2.434333, 2.986091, 3.262143, 3.117677 ] }, { "date": "2026-08-07", "close": 2.525, "volume": 3299945, "typical_volume": 3875322.8, "trend": 2.923167, "fair_value": 4.780814, "relative_strength": -35.810091, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.533827, "energy": 69.563154, "activity_lines": [ 2.380667, 2.831364, 3.199976, 3.089022 ] } ], "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." } } }