{ "ticker": { "uuid": "5d28861c-9252-48af-8462-095de41df95e", "symbol": "HMS", "name": "HMS Networks 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": 65.766, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 3.765, "architecture_energy": 15.517, "architecture_maturity": 39.995, "architecture_confidence": 84.244, "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": 49.02, "rotation_up": 16.34, "upward_expansion": 42.08, "deceleration": 79.97, "rotation_down": 39.15, "downward_expansion": 36.08 }, "activity_lines": [ 486.053333, 491.618181, 507.861779, 493.905969 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 492.0, "trend_reference": 469.476683, "distance_from_trend": 0.047975, "trend_direction": "Improving", "fair_value": 435.862437, "distance_from_fair_value": 0.128797, "fair_value_direction": "Weakening", "relative_strength": -4.878296, "relative_strength_direction": "Weakening", "price_momentum": 0.23713, "excess_performance": 0.175635, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.047975, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.042304, "read": "Rising" }, { "label": "Price 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"fair_value": 434.881662, "relative_strength": -2.176314, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.989582, "energy": 17.621868, "activity_lines": [ 492.26, 507.516363, 511.158011, 489.795778 ] }, { "date": "2026-07-24", "close": 470.799988, "volume": 130515, "typical_volume": 210632.65, "trend": 463.209605, "fair_value": 435.243299, "relative_strength": -5.965722, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.507425, "energy": 20.906854, "activity_lines": [ 483.399996, 497.899997, 509.116819, 490.417979 ] }, { "date": "2026-07-31", "close": 491.600006, "volume": 164940, "typical_volume": 204228.65, "trend": 466.32657, "fair_value": 435.587414, "relative_strength": -3.152151, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.815635, "energy": 18.63053, "activity_lines": [ 484.419999, 493.86909, 508.698082, 492.249618 ] }, { "date": "2026-08-07", "close": 492.0, "volume": 250060, "typical_volume": 201268.45, "trend": 469.476683, "fair_value": 435.862437, "relative_strength": -4.878296, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.765378, "energy": 15.517229, "activity_lines": [ 486.053333, 491.618181, 507.861779, 493.905969 ] } ], "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." } } }