{ "ticker": { "uuid": "56e9f6bc-11fc-4404-8fef-1165631fabcd", "symbol": "ZENZIP-B", "name": "Zenergy 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": -68.38, "architecture_energy": 65.114, "architecture_maturity": 71.522, "architecture_confidence": 91.915, "architecture_tenure": "Established", "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": 4.37, "rotation_up": 25.1, "upward_expansion": 12.0, "deceleration": 53.72, "rotation_down": 61.59, "downward_expansion": 87.67 }, "activity_lines": [ 0.070851, 0.079945, 0.108411, 0.137941 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.833333 }, "latest_close": 0.0688, "trend_reference": 0.179347, "distance_from_trend": -0.616387, "trend_direction": "Weakening", "fair_value": 4.651348, "distance_from_fair_value": -0.985209, "fair_value_direction": "Weakening", "relative_strength": -74.818754, "relative_strength_direction": "Weakening", "price_momentum": -0.754286, "excess_performance": -0.81578, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.616387, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.229055, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.985209, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.011168, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.748188, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.158258, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.754286, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.186211, "read": "Demand-led" } ], "volume": { "latest": 1935760, "relative_activity": 1.166223, "balance": 1.186211, "dry_up": 0.982311, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.405631, "annualized_volatility": 0.844275, "from_high_reference": -0.882594, "from_low_reference": 0.196938 }, "levels": { "trend_reference": 0.179347, "fair_value_reference": 4.651348, "structural_low": 0.05748, "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": 53, "median_return": -0.058036, "positive_rate": 0.264151, "directional_follow_through": 0.698113, "median_excess_return": -0.069157, "regime_survival": 0.924528, "best_return": 0.987013, "worst_return": -0.578947, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 17, "median_return": -0.164038, "positive_rate": 0.117647, "directional_follow_through": 0.882353, "median_excess_return": -0.240881, "regime_survival": 0.823529, "best_return": 0.327801, "worst_return": -0.647059, "sufficient": true }, { "horizon": "Extended", "sample_count": 9, "median_return": -0.527919, "positive_rate": 0.111111, "directional_follow_through": 0.888889, "median_excess_return": -0.513862, "regime_survival": 0.888889, "best_return": 0.224066, "worst_return": -0.770588, "sufficient": 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"typical_volume": 1871256.65, "trend": 0.196837, "fair_value": 5.042705, "relative_strength": -67.709067, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.571279, "energy": 86.057194, "activity_lines": [ 0.087913, 0.102667, 0.133013, 0.162124 ] }, { "date": "2026-07-24", "close": 0.063124, "volume": 1068418, "typical_volume": 1801825.4, "trend": 0.190974, "fair_value": 4.915973, "relative_strength": -77.552962, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.821705, "energy": 87.731742, "activity_lines": [ 0.078415, 0.092715, 0.1236, 0.153497 ] }, { "date": "2026-07-31", "close": 0.0664, "volume": 2159093, "typical_volume": 1640316.8, "trend": 0.185354, "fair_value": 4.778044, "relative_strength": -76.023422, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.007496, "energy": 76.155181, "activity_lines": [ 0.0737, 0.085284, 0.115466, 0.14546 ] }, { "date": "2026-08-07", "close": 0.0688, "volume": 1935760, "typical_volume": 1659854.75, "trend": 0.179347, "fair_value": 4.651348, "relative_strength": -74.818754, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.380381, "energy": 65.113645, "activity_lines": [ 0.070851, 0.079945, 0.108411, 0.137941 ] } ], "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." } } }