{
  "ticker": {
    "uuid": "7046be54-7acb-413e-9555-0f58adec0950",
    "symbol": "BOHO",
    "name": "Boho 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": 96.0,
    "architecture_regime": "rotation_down",
    "architecture_regime_label": "Rotation Down",
    "architecture_modifier": "Supply rotation",
    "architecture_gate": "mixed",
    "architecture_direction": -49.62,
    "architecture_energy": 65.626,
    "architecture_maturity": 15.934,
    "architecture_confidence": 73.566,
    "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": 20.04,
        "rotation_up": 17.22,
        "upward_expansion": 21.75,
        "deceleration": 44.47,
        "rotation_down": 76.2,
        "downward_expansion": 65.75
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        8.690667
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      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -1.0
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    "latest_close": 7.5,
    "trend_reference": 8.563333,
    "distance_from_trend": -0.124173,
    "trend_direction": "Improving",
    "fair_value": 8.054851,
    "distance_from_fair_value": -0.068884,
    "fair_value_direction": "Weakening",
    "relative_strength": -19.177169,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.043367,
    "excess_performance": -0.104862,
    "evidence": [
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        "label": "Price vs Trend",
        "positive": false,
        "value": -0.124173,
        "read": "Below"
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      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.022365,
        "read": "Rising"
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      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.068884,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.364648,
        "read": "Moving away"
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      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.191772,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.353161,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.043367,
        "read": "Negative"
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      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.947379,
        "read": "Supply-led"
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    ],
    "volume": {
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      "relative_activity": 0.308012,
      "balance": 0.947379,
      "dry_up": 0.490592,
      "accumulation_observations": 1,
      "distribution_observations": 1
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    "risk": {
      "range_context": 0.084615,
      "annualized_volatility": 0.426881,
      "from_high_reference": -0.295775,
      "from_low_reference": 0.01626
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    "levels": {
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      "fair_value_reference": 8.054851,
      "structural_low": 7.38,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
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    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 0,
        "median_return": null,
        "positive_rate": null,
        "directional_follow_through": null,
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        "regime_survival": null,
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        "worst_return": null,
        "sufficient": false
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        "horizon": "Intermediate",
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        "sufficient": false
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        "horizon": "Extended",
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        "horizon": "Full cycle",
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        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-04-17",
        "end": "2026-06-12",
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        "return": -0.07,
        "active": false
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        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-06-19",
        "end": "2026-07-17",
        "tenure": "Developing",
        "return": -0.143172,
        "active": false
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        "color": "orange",
        "start": "2026-07-24",
        "end": "2026-08-07",
        "tenure": "New",
        "return": -0.055416,
        "active": true
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        "relative_strength": 17.889913,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 94.971912,
        "energy": 98.23808,
        "activity_lines": [
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        ]
      },
      {
        "date": "2026-05-08",
        "close": 10.3,
        "volume": 52585,
        "typical_volume": 30400.9,
        "trend": 8.159667,
        "fair_value": 7.948977,
        "relative_strength": 16.138973,
        "stage": 2,
        "regime": "upward_expansion",
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        "activity_lines": [
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      },
      {
        "date": "2026-05-15",
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        "typical_volume": 31565.8,
        "trend": 8.238333,
        "fair_value": 7.97427,
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        "stage": 2,
        "regime": "upward_expansion",
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        "activity_lines": [
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      },
      {
        "date": "2026-05-22",
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        "typical_volume": 44819.0,
        "trend": 8.318667,
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        "relative_strength": 12.633597,
        "stage": 2,
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        "energy": 68.400466,
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        ]
      },
      {
        "date": "2026-05-29",
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        "typical_volume": 51114.95,
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        "relative_strength": 5.386812,
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        "activity_lines": [
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      },
      {
        "date": "2026-06-05",
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        "typical_volume": 51483.5,
        "trend": 8.448,
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        "relative_strength": 10.931014,
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        "energy": 58.397037,
        "activity_lines": [
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      },
      {
        "date": "2026-06-12",
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        "typical_volume": 51605.0,
        "trend": 8.496667,
        "fair_value": 8.051828,
        "relative_strength": 3.397482,
        "stage": 2,
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        "modifier": "Established expansion",
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      },
      {
        "date": "2026-06-19",
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        "stage": 2,
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        "activity_lines": [
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      },
      {
        "date": "2026-06-26",
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        "typical_volume": 53044.3,
        "trend": 8.547333,
        "fair_value": 8.063368,
        "relative_strength": -10.328699,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 1.454617,
        "energy": 18.561139,
        "activity_lines": [
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          8.940817
        ]
      },
      {
        "date": "2026-07-03",
        "close": 8.28,
        "volume": 4697,
        "typical_volume": 53279.15,
        "trend": 8.562,
        "fair_value": 8.065625,
        "relative_strength": -10.853717,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -7.583337,
        "energy": 27.417068,
        "activity_lines": [
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          8.92357
        ]
      },
      {
        "date": "2026-07-10",
        "close": 8.12,
        "volume": 53350,
        "typical_volume": 55946.65,
        "trend": 8.571333,
        "fair_value": 8.066186,
        "relative_strength": -10.354666,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -27.509599,
        "energy": 37.64363,
        "activity_lines": [
          8.369333,
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          8.895054
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      },
      {
        "date": "2026-07-17",
        "close": 7.78,
        "volume": 40687,
        "typical_volume": 57981.0,
        "trend": 8.569333,
        "fair_value": 8.063265,
        "relative_strength": -12.910333,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -39.111004,
        "energy": 54.685516,
        "activity_lines": [
          8.102667,
          8.624,
          9.021238,
          8.844
        ]
      },
      {
        "date": "2026-07-24",
        "close": 7.94,
        "volume": 30644,
        "typical_volume": 59513.2,
        "trend": 8.572667,
        "fair_value": 8.06202,
        "relative_strength": -12.269736,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -30.850781,
        "energy": 63.417024,
        "activity_lines": [
          7.990667,
          8.418727,
          8.926571,
          8.803398
        ]
      },
      {
        "date": "2026-07-31",
        "close": 7.9,
        "volume": 31294,
        "typical_volume": 61077.9,
        "trend": 8.574667,
        "fair_value": 8.0604,
        "relative_strength": -13.59478,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -31.794317,
        "energy": 61.736961,
        "activity_lines": [
          7.941333,
          8.247273,
          8.827619,
          8.76
        ]
      },
      {
        "date": "2026-08-07",
        "close": 7.5,
        "volume": 19107,
        "typical_volume": 62033.25,
        "trend": 8.563333,
        "fair_value": 8.054851,
        "relative_strength": -19.177169,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -49.620161,
        "energy": 65.626103,
        "activity_lines": [
          7.773333,
          8.045818,
          8.690286,
          8.690667
        ]
      }
    ],
    "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."
    }
  }
}