{ "ticker": { "uuid": "6d760f58-5c0a-4d16-b7a4-36e968bec52d", "symbol": "EKTA-B", "name": "Elekta 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": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -57.269, "architecture_energy": 45.86, "architecture_maturity": 19.731, "architecture_confidence": 92.433, "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": 19.42, "rotation_up": 16.85, "upward_expansion": 6.62, "deceleration": 46.68, "rotation_down": 56.31, "downward_expansion": 77.62 }, "activity_lines": [ 48.797334, 49.325455, 51.39381, 52.649331 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 50.400002, "trend_reference": 54.289061, "distance_from_trend": -0.071636, "trend_direction": "Weakening", "fair_value": 58.974885, "distance_from_fair_value": -0.145399, "fair_value_direction": "Weakening", "relative_strength": -13.941625, "relative_strength_direction": "Weakening", "price_momentum": -0.070845, "excess_performance": -0.132339, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.071636, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.011595, "read": "Falling" 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45.700001, "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": 32, "median_return": 0.007522, "positive_rate": 0.5625, "directional_follow_through": 0.40625, "median_excess_return": -0.011848, "regime_survival": 0.8125, "best_return": 0.11777, "worst_return": -0.187257, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": 0.030353, "positive_rate": 0.636364, "directional_follow_through": 0.363636, "median_excess_return": -0.004299, "regime_survival": 0.545455, "best_return": 0.350875, "worst_return": -0.322679, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": -0.068136, "positive_rate": 0.428571, "directional_follow_through": 0.571429, "median_excess_return": -0.064156, "regime_survival": 0.571429, "best_return": 0.438676, "worst_return": -0.223453, "sufficient": true }, { 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"Early contraction", "gate": "down", "direction": -71.883286, "energy": 60.90957, "activity_lines": [ 49.5, 50.921819, 52.82381, 53.853742 ] }, { "date": "2026-07-24", "close": 47.0, "volume": 4531263, "typical_volume": 5408057.05, "trend": 54.806773, "fair_value": 59.280482, "relative_strength": -17.359226, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.465812, "energy": 49.275161, "activity_lines": [ 48.670667, 49.922909, 52.135524, 53.332819 ] }, { "date": "2026-07-31", "close": 48.380001, "volume": 4197870, "typical_volume": 5278857.4, "trend": 54.567285, "fair_value": 59.109319, "relative_strength": -15.925307, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.807069, "energy": 51.632799, "activity_lines": [ 48.404001, 49.329455, 51.650095, 52.918188 ] }, { "date": "2026-08-07", "close": 50.400002, "volume": 2460885, "typical_volume": 5146938.2, "trend": 54.289061, "fair_value": 58.974885, "relative_strength": -13.941625, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.268746, "energy": 45.859739, "activity_lines": [ 48.797334, 49.325455, 51.39381, 52.649331 ] } ], "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." } } }