{
  "ticker": {
    "uuid": "5b3c0533-d6d2-4aee-aaf9-468801d26add",
    "symbol": "LUND-B",
    "name": "L E Lundbergf\u00f6retagen 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": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 79.504,
    "architecture_energy": 74.815,
    "architecture_maturity": 15.754,
    "architecture_confidence": 75.587,
    "architecture_tenure": "Developing",
    "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": 8.92,
        "rotation_up": 72.48,
        "upward_expansion": 89.04,
        "deceleration": 45.4,
        "rotation_down": 11.59,
        "downward_expansion": 15.71
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      "activity_lines": [
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.666667
    },
    "latest_close": 583.5,
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    "distance_from_trend": 0.071921,
    "trend_direction": "Improving",
    "fair_value": 513.740243,
    "distance_from_fair_value": 0.135788,
    "fair_value_direction": "Improving",
    "relative_strength": -0.650888,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.075003,
    "excess_performance": 0.013508,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.071921,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.035113,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.135788,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.087276,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.006509,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.043917,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.075003,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 3.529778,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 405640,
      "relative_activity": 1.018389,
      "balance": 3.529778,
      "dry_up": 1.07684,
      "accumulation_observations": 5,
      "distribution_observations": 1
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    "risk": {
      "range_context": 0.027948,
      "annualized_volatility": 0.222948,
      "from_high_reference": -0.008496,
      "from_low_reference": 0.249605
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    "levels": {
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      "fair_value_reference": 513.740243,
      "structural_low": 486.180573,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
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        "horizon": "Near term",
        "sample_count": 20,
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        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
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        "worst_return": -0.122751,
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        "horizon": "Intermediate",
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      },
      {
        "date": "2026-07-17",
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      },
      {
        "date": "2026-07-24",
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        "trend": 539.83813,
        "fair_value": 512.046472,
        "relative_strength": -1.130344,
        "stage": 2,
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        "modifier": "Early expansion",
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        "energy": 57.398789,
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      },
      {
        "date": "2026-07-31",
        "close": 571.5,
        "volume": 440062,
        "typical_volume": 411195.3,
        "trend": 542.183108,
        "fair_value": 512.853024,
        "relative_strength": -0.830508,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.37255,
        "energy": 58.923577,
        "activity_lines": [
          562.9,
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      },
      {
        "date": "2026-08-07",
        "close": 583.5,
        "volume": 405640,
        "typical_volume": 398315.3,
        "trend": 544.349772,
        "fair_value": 513.740243,
        "relative_strength": -0.650888,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.504211,
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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."
    }
  }
}