{ "ticker": { "uuid": "672edc8d-5a72-49b1-9724-385af9e9b697", "symbol": "MIR", "name": "Miris Holding 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": -60.37, "architecture_energy": 58.113, "architecture_maturity": 45.859, "architecture_confidence": 95.961, "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": 5.41, "rotation_up": 17.77, "upward_expansion": 11.99, "deceleration": 40.54, "rotation_down": 62.07, "downward_expansion": 87.66 }, "activity_lines": [ 23.253334, 24.189091, 25.446286, 27.301333 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 23.4, "trend_reference": 29.1855, "distance_from_trend": -0.198232, "trend_direction": "Weakening", "fair_value": 64.764117, "distance_from_fair_value": -0.638689, "fair_value_direction": "Improving", "relative_strength": -39.669492, "relative_strength_direction": "Improving", "price_momentum": -0.175766, "excess_performance": -0.23726, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.198232, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.10396, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.638689, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.025482, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.396695, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.015199, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.175766, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.5264, "read": "Supply-led" } ], "volume": { "latest": 830, "relative_activity": 0.546394, "balance": 0.5264, "dry_up": 1.893289, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.15549, "annualized_volatility": 0.549403, "from_high_reference": -0.63861, "from_low_reference": 0.251337 }, "levels": { "trend_reference": 29.1855, "fair_value_reference": 64.764117, "structural_low": 18.700001, "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": 46, "median_return": -0.0185, "positive_rate": 0.456522, "directional_follow_through": 0.521739, "median_excess_return": -0.022766, "regime_survival": 0.847826, "best_return": 1.062068, "worst_return": -0.276316, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 15, "median_return": 0.036545, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": -0.035203, "regime_survival": 0.733333, "best_return": 0.446339, "worst_return": -0.454976, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": 0.014783, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.052225, "regime_survival": 0.5, "best_return": 0.28, "worst_return": -0.63141, "sufficient": true }, { "horizon": "Full cycle", 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26.487273, 28.627905, 29.717398 ] }, { "date": "2026-07-03", "close": 25.4, "volume": 69, "typical_volume": 1051.05, "trend": 30.591667, "fair_value": 68.968579, "relative_strength": -38.117349, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.531498, "energy": 37.920817, "activity_lines": [ 26.04, 26.243636, 28.122024, 29.361376 ] }, { "date": "2026-07-10", "close": 25.0, "volume": 3602, "typical_volume": 1213.55, "trend": 30.328333, "fair_value": 68.097892, "relative_strength": -36.629009, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.230074, "energy": 41.914509, "activity_lines": [ 25.653333, 26.014545, 27.604691, 29.000624 ] }, { "date": "2026-07-17", "close": 24.6, "volume": 570, "typical_volume": 1001.3, "trend": 30.0175, "fair_value": 67.195016, "relative_strength": -36.146601, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.853858, "energy": 46.855921, "activity_lines": [ 25.2, 25.738182, 27.077619, 28.631054 ] }, { "date": "2026-07-24", "close": 23.200001, "volume": 3329, "typical_volume": 1167.45, "trend": 29.738833, "fair_value": 66.499428, "relative_strength": -40.118701, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.473465, "energy": 55.061422, "activity_lines": [ 24.426667, 25.221818, 26.489572, 28.191215 ] }, { "date": "2026-07-31", "close": 22.0, "volume": 6775, "typical_volume": 1486.65, "trend": 29.454333, "fair_value": 65.650985, "relative_strength": -43.169239, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.715861, "energy": 64.130041, "activity_lines": [ 23.466667, 24.541818, 25.862, 27.691936 ] }, { "date": "2026-08-07", "close": 23.4, "volume": 830, "typical_volume": 1519.05, "trend": 29.1855, "fair_value": 64.764117, "relative_strength": -39.669492, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.369598, "energy": 58.112514, "activity_lines": [ 23.253334, 24.189091, 25.446286, 27.301333 ] } ], "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." } } }