{ "ticker": { "uuid": "529a0795-3822-4177-97a5-97f08f807e58", "symbol": "CAT-B", "name": "Catella 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": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -54.539, "architecture_energy": 33.12, "architecture_maturity": 89.879, "architecture_confidence": 89.834, "architecture_tenure": "Extended", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 23.84, "rotation_up": 20.97, "upward_expansion": 2.96, "deceleration": 52.73, "rotation_down": 52.73, "downward_expansion": 78.63 }, "activity_lines": [ 19.890666, 20.008363, 20.175549, 20.419255 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.833333 }, "latest_close": 19.84, "trend_reference": 21.301937, "distance_from_trend": -0.068629, "trend_direction": "Weakening", "fair_value": 26.05524, "distance_from_fair_value": -0.238541, "fair_value_direction": "Improving", "relative_strength": -27.285565, "relative_strength_direction": "Improving", "price_momentum": -0.23312, "excess_performance": -0.294614, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.068629, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.078559, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.238541, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.050168, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.272856, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.079433, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.23312, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.914587, "read": "Demand-led" } ], "volume": { "latest": 168793, "relative_activity": 0.429103, "balance": 1.914587, "dry_up": 0.366361, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.049088, "annualized_volatility": 0.343486, "from_high_reference": -0.364652, "from_low_reference": 0.06271 }, "levels": { "trend_reference": 21.301937, "fair_value_reference": 26.05524, 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20.287607, 20.783048 ] }, { "date": "2026-07-24", "close": 19.76, "volume": 163255, "typical_volume": 413321.75, "trend": 21.762363, "fair_value": 26.133329, "relative_strength": -26.71142, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.177069, "energy": 38.607404, "activity_lines": [ 19.870666, 20.121091, 20.234538, 20.639281 ] }, { "date": "2026-07-31", "close": 20.049999, "volume": 157177, "typical_volume": 403673.8, "trend": 21.538041, "fair_value": 26.097272, "relative_strength": -25.912248, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.068685, "energy": 33.092429, "activity_lines": [ 19.900666, 20.079273, 20.213822, 20.528806 ] }, { "date": "2026-08-07", "close": 19.84, "volume": 168793, "typical_volume": 393362.45, "trend": 21.301937, "fair_value": 26.05524, "relative_strength": -27.285565, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.538729, "energy": 33.119879, "activity_lines": [ 19.890666, 20.008363, 20.175549, 20.419255 ] } ], "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." } } }