{
  "ticker": {
    "uuid": "6ca7a4f4-0abf-4deb-8ea1-716352be3f6d",
    "symbol": "WISE",
    "name": "Wise Group 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": "4a",
    "phase_label": "Stage 4A \u00b7 Breakdown",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 86.494,
    "architecture_regime": "rotation_down",
    "architecture_regime_label": "Rotation Down",
    "architecture_modifier": "Supply rotation",
    "architecture_gate": "mixed",
    "architecture_direction": -40.199,
    "architecture_energy": 57.655,
    "architecture_maturity": 14.097,
    "architecture_confidence": 64.146,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The Activity Line structure is rotating downward.",
        "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion."
      },
      "scores": {
        "balance": 17.92,
        "rotation_up": 19.52,
        "upward_expansion": 20.71,
        "deceleration": 43.72,
        "rotation_down": 66.38,
        "downward_expansion": 62.38
      },
      "activity_lines": [
        14.07,
        14.642727,
        15.696191,
        16.111613
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.833333
    },
    "latest_close": 13.65,
    "trend_reference": 16.081667,
    "distance_from_trend": -0.151207,
    "trend_direction": "Improving",
    "fair_value": 19.750962,
    "distance_from_fair_value": -0.308894,
    "fair_value_direction": "Weakening",
    "relative_strength": -20.081236,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.087649,
    "excess_performance": 0.026155,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.151207,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.043699,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.308894,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.121686,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.200812,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.214741,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.087649,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.976337,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 6095,
      "relative_activity": 0.359145,
      "balance": 0.976337,
      "dry_up": 0.676557,
      "accumulation_observations": 2,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.13694,
      "annualized_volatility": 0.655837,
      "from_high_reference": -0.35,
      "from_low_reference": 0.3
    },
    "levels": {
      "trend_reference": 16.081667,
      "fair_value_reference": 19.750962,
      "structural_low": 10.5,
      "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": 4,
        "median_return": -0.019494,
        "positive_rate": 0.25,
        "directional_follow_through": 0.75,
        "median_excess_return": 0.00076,
        "regime_survival": 0.25,
        "best_return": 0.049383,
        "worst_return": -0.185841,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 2,
        "median_return": -0.114726,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.095216,
        "regime_survival": 0.0,
        "best_return": 0.024691,
        "worst_return": -0.254144,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 2,
        "median_return": -0.188715,
        "positive_rate": 0.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.199951,
        "regime_survival": 0.0,
        "best_return": -0.148148,
        "worst_return": -0.229282,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
        "median_return": -0.301105,
        "positive_rate": 0.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.440815,
        "regime_survival": 0.0,
        "best_return": -0.301105,
        "worst_return": -0.301105,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-05-03",
        "end": "2024-06-14",
        "tenure": "Developing",
        "return": 0.099138,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-06-21",
        "end": "2024-08-23",
        "tenure": "Developing",
        "return": -0.124498,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-08-30",
        "end": "2025-01-17",
        "tenure": "Established",
        "return": -0.230594,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-01-24",
        "end": "2025-03-21",
        "tenure": "Developing",
        "return": 0.136752,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-03-28",
        "end": "2025-04-04",
        "tenure": "New",
        "return": -0.119898,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-04-11",
        "end": "2025-07-25",
        "tenure": "Established",
        "return": -0.014706,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-08-01",
        "end": "2026-02-13",
        "tenure": "Extended",
        "return": -0.230769,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-02-20",
        "end": "2026-02-27",
        "tenure": "New",
        "return": -0.017964,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-03-06",
        "end": "2026-03-13",
        "tenure": "New",
        "return": 0.02973,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-03-20",
        "end": "2026-06-05",
        "tenure": "Developing",
        "return": -0.110818,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-06-12",
        "end": "2026-06-26",
        "tenure": "New",
        "return": -0.042763,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-07-03",
        "end": "2026-07-10",
        "tenure": "New",
        "return": -0.085546,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-07-17",
        "end": "2026-07-31",
        "tenure": "New",
        "return": -0.054795,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-08-07",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.0,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 32.700001,
        "volume": 7281,
        "typical_volume": 29004.8,
        "trend": 40.702815,
        "fair_value": 34.726346,
        "relative_strength": -16.665823,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.89758,
        "energy": 58.581048,
        "activity_lines": [
          33.9,
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      },
      {
        "date": "2023-08-25",
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        "typical_volume": 30820.4,
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      },
      {
        "date": "2023-09-01",
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      },
      {
        "date": "2023-09-08",
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        "activity_lines": [
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      },
      {
        "date": "2023-09-15",
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        "energy": 90.520759,
        "activity_lines": [
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      },
      {
        "date": "2023-09-22",
        "close": 27.200001,
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        "modifier": "Early expansion",
        "gate": "up",
        "direction": 40.020532,
        "energy": 25.2956,
        "activity_lines": [
          17.826666,
          17.85,
          16.735,
          15.823333
        ]
      },
      {
        "date": "2026-05-08",
        "close": 17.4,
        "volume": 38313,
        "typical_volume": 36978.25,
        "trend": 14.993333,
        "fair_value": 21.407692,
        "relative_strength": 1.392821,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 38.560069,
        "energy": 23.592742,
        "activity_lines": [
          17.723333,
          17.768182,
          16.904047,
          15.984193
        ]
      },
      {
        "date": "2026-05-15",
        "close": 17.950001,
        "volume": 39074,
        "typical_volume": 36672.8,
        "trend": 15.12,
        "fair_value": 21.260577,
        "relative_strength": 6.307097,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.305663,
        "energy": 24.276485,
        "activity_lines": [
          17.773333,
          17.768182,
          17.099286,
          16.174946
        ]
      },
      {
        "date": "2026-05-22",
        "close": 18.549999,
        "volume": 37892,
        "typical_volume": 35849.25,
        "trend": 15.256667,
        "fair_value": 21.150641,
        "relative_strength": 6.383392,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 53.264843,
        "energy": 26.270313,
        "activity_lines": [
          17.96,
          17.887273,
          17.341905,
          16.396236
        ]
      },
      {
        "date": "2026-05-29",
        "close": 18.200001,
        "volume": 16065,
        "typical_volume": 36113.6,
        "trend": 15.408333,
        "fair_value": 21.035256,
        "relative_strength": 5.041296,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 50.167245,
        "energy": 26.596094,
        "activity_lines": [
          18.06,
          17.951818,
          17.521667,
          16.586129
        ]
      },
      {
        "date": "2026-06-05",
        "close": 16.85,
        "volume": 3271,
        "typical_volume": 35721.05,
        "trend": 15.508333,
        "fair_value": 20.911218,
        "relative_strength": -1.574895,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 36.999439,
        "energy": 20.320768,
        "activity_lines": [
          17.733334,
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          17.545,
          16.67914
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      },
      {
        "date": "2026-06-12",
        "close": 15.2,
        "volume": 353,
        "typical_volume": 34628.4,
        "trend": 15.58,
        "fair_value": 20.770833,
        "relative_strength": -10.477024,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 7.233854,
        "energy": 6.821134,
        "activity_lines": [
          16.87,
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          17.392143,
          16.659247
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      },
      {
        "date": "2026-06-19",
        "close": 14.95,
        "volume": 16000,
        "typical_volume": 35051.6,
        "trend": 15.633333,
        "fair_value": 20.641667,
        "relative_strength": -13.083009,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 1.336709,
        "energy": 13.03212,
        "activity_lines": [
          16.07,
          16.843636,
          17.209762,
          16.618602
        ]
      },
      {
        "date": "2026-06-26",
        "close": 14.55,
        "volume": 639,
        "typical_volume": 34793.6,
        "trend": 15.701667,
        "fair_value": 20.514423,
        "relative_strength": -14.091467,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -22.629279,
        "energy": 36.624416,
        "activity_lines": [
          15.336667,
          16.330909,
          16.981905,
          16.54871
        ]
      },
      {
        "date": "2026-07-03",
        "close": 16.950001,
        "volume": 7823,
        "typical_volume": 34695.65,
        "trend": 15.848333,
        "fair_value": 20.397436,
        "relative_strength": -2.219119,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -13.949816,
        "energy": 26.789048,
        "activity_lines": [
          15.67,
          16.335455,
          16.973095,
          16.629247
        ]
      },
      {
        "date": "2026-07-10",
        "close": 15.5,
        "volume": 4589,
        "typical_volume": 26702.2,
        "trend": 15.953333,
        "fair_value": 20.274359,
        "relative_strength": -8.038367,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -16.838204,
        "energy": 27.98908,
        "activity_lines": [
          15.603334,
          16.105455,
          16.802619,
          16.606774
        ]
      },
      {
        "date": "2026-07-17",
        "close": 14.6,
        "volume": 8699,
        "typical_volume": 25204.85,
        "trend": 16.043333,
        "fair_value": 20.151282,
        "relative_strength": -11.941857,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -25.131661,
        "energy": 24.316277,
        "activity_lines": [
          15.326667,
          15.74,
          16.552143,
          16.519462
        ]
      },
      {
        "date": "2026-07-24",
        "close": 14.3,
        "volume": 16506,
        "typical_volume": 21127.15,
        "trend": 15.99,
        "fair_value": 20.016026,
        "relative_strength": -14.560879,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -35.336441,
        "energy": 25.580072,
        "activity_lines": [
          14.99,
          15.370909,
          16.281667,
          16.406989
        ]
      },
      {
        "date": "2026-07-31",
        "close": 13.8,
        "volume": 14627,
        "typical_volume": 18750.2,
        "trend": 16.038333,
        "fair_value": 19.88141,
        "relative_strength": -18.175705,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -40.369028,
        "energy": 46.92331,
        "activity_lines": [
          14.53,
          14.977273,
          15.983571,
          16.265699
        ]
      },
      {
        "date": "2026-08-07",
        "close": 13.65,
        "volume": 6095,
        "typical_volume": 16970.85,
        "trend": 16.081667,
        "fair_value": 19.750962,
        "relative_strength": -20.081236,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -40.199244,
        "energy": 57.654809,
        "activity_lines": [
          14.07,
          14.642727,
          15.696191,
          16.111613
        ]
      }
    ],
    "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."
    }
  }
}