{ "ticker": { "uuid": "61498f06-d231-4449-a978-c66d1e07886d", "symbol": "VITR", "name": "Vitrolife 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": "Early contraction", "architecture_gate": "down", "architecture_direction": -59.1, "architecture_energy": 43.191, "architecture_maturity": 24.772, "architecture_confidence": 93.106, "architecture_tenure": "Developing", "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": 21.43, "rotation_up": 20.11, "upward_expansion": 5.59, "deceleration": 51.99, "rotation_down": 55.3, "downward_expansion": 78.92 }, "activity_lines": [ 88.106666, 89.081818, 93.646234, 94.825733 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 90.0, "trend_reference": 97.688201, "distance_from_trend": -0.078701, "trend_direction": "Weakening", "fair_value": 158.963996, "distance_from_fair_value": -0.433834, "fair_value_direction": "Weakening", "relative_strength": -30.948095, "relative_strength_direction": "Weakening", "price_momentum": 0.001389, "excess_performance": -0.060106, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.078701, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.137521, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.433834, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.079076, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.309481, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.068113, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.001389, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.883501, "read": "Supply-led" } ], "volume": { "latest": 3612615, "relative_activity": 3.209283, "balance": 0.883501, "dry_up": 1.46752, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.072863, "annualized_volatility": 0.363258, "from_high_reference": -0.407648, "from_low_reference": 0.074777 }, "levels": { "trend_reference": 97.688201, "fair_value_reference": 158.963996, "structural_low": 83.738334, "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": 31, "median_return": -0.001457, "positive_rate": 0.483871, "directional_follow_through": 0.516129, "median_excess_return": -0.022142, "regime_survival": 0.83871, "best_return": 0.44186, "worst_return": -0.326071, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": -0.062162, "positive_rate": 0.454545, "directional_follow_through": 0.545455, "median_excess_return": -0.112515, "regime_survival": 0.636364, "best_return": 0.409806, "worst_return": -0.437238, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.206615, "positive_rate": 0.2, "directional_follow_through": 0.8, "median_excess_return": -0.093174, "regime_survival": 0.4, "best_return": 0.353459, "worst_return": -0.346902, "sufficient": 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"down", "direction": -60.790384, "energy": 54.119998, "activity_lines": [ 90.210001, 92.478183, 96.327004, 97.433985 ] }, { "date": "2026-07-24", "close": 85.199997, "volume": 852351, "typical_volume": 1051863.6, "trend": 100.512074, "fair_value": 159.773437, "relative_strength": -34.035367, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.696117, "energy": 56.060966, "activity_lines": [ 88.536666, 90.647273, 95.218744, 96.335796 ] }, { "date": "2026-07-31", "close": 86.099998, "volume": 840346, "typical_volume": 1007434.85, "trend": 98.993895, "fair_value": 159.352148, "relative_strength": -33.40204, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.247792, "energy": 58.720486, "activity_lines": [ 87.553332, 89.321818, 94.231894, 95.405984 ] }, { "date": "2026-08-07", "close": 90.0, "volume": 3612615, "typical_volume": 1125676.7, "trend": 97.688201, "fair_value": 158.963996, "relative_strength": -30.948095, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.100128, "energy": 43.19076, "activity_lines": [ 88.106666, 89.081818, 93.646234, 94.825733 ] } ], "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." } } }