{ "ticker": { "uuid": "75825788-bf75-4c2d-9635-552379bd76cd", "symbol": "XANO-B", "name": "XANO Industri 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": -44.476, "architecture_energy": 35.083, "architecture_maturity": 76.411, "architecture_confidence": 88.479, "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": 30.04, "rotation_up": 27.0, "upward_expansion": 16.33, "deceleration": 44.53, "rotation_down": 36.85, "downward_expansion": 64.0 }, "activity_lines": [ 48.9, 48.797273, 49.896903, 52.369625 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 48.799999, "trend_reference": 57.928986, "distance_from_trend": -0.157589, "trend_direction": "Weakening", "fair_value": 67.607981, "distance_from_fair_value": -0.278192, "fair_value_direction": "Improving", "relative_strength": -28.504557, "relative_strength_direction": "Weakening", "price_momentum": -0.268894, "excess_performance": -0.330388, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.157589, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.110992, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.278192, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.027581, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.285046, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.003895, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.268894, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.680083, "read": "Supply-led" } ], "volume": { "latest": 80790, "relative_activity": 1.536992, "balance": 0.680083, "dry_up": 0.720602, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.06849, "annualized_volatility": 0.345678, "from_high_reference": -0.495117, "from_low_reference": 0.084444 }, "levels": { "trend_reference": 57.928986, "fair_value_reference": 67.607981, 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"downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.715773, "energy": 60.218419, "activity_lines": [ 49.0, 50.265526, 53.409024, 58.174788 ] }, { "date": "2026-06-26", "close": 46.5, "volume": 2389, "typical_volume": 75667.3, "trend": 63.071285, "fair_value": 69.638178, "relative_strength": -31.93176, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.403366, "energy": 61.97653, "activity_lines": [ 48.106667, 49.188384, 52.450856, 57.070647 ] }, { "date": "2026-07-03", "close": 50.5, "volume": 18057, "typical_volume": 66882.75, "trend": 62.552787, "fair_value": 69.251283, "relative_strength": -27.559753, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.639805, "energy": 51.757236, "activity_lines": [ 48.74, 49.098629, 51.97006, 56.259596 ] }, { "date": "2026-07-10", "close": 48.75, "volume": 118689, "typical_volume": 67494.25, "trend": 61.758084, "fair_value": 68.925099, "relative_strength": -27.890796, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.778891, "energy": 49.137377, "activity_lines": [ 48.756667, 48.867273, 51.400441, 55.369094 ] }, { "date": "2026-07-17", "close": 47.650002, "volume": 30625, "typical_volume": 60432.7, "trend": 60.817777, "fair_value": 68.619767, "relative_strength": -28.263259, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.452122, "energy": 49.076641, "activity_lines": [ 48.416667, 48.620909, 50.819783, 54.458895 ] }, { "date": "2026-07-24", "close": 49.150002, "volume": 16746, "typical_volume": 55350.85, "trend": 59.957181, "fair_value": 68.272584, "relative_strength": -26.698713, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.511468, "energy": 39.198233, "activity_lines": [ 48.673335, 48.688183, 50.466324, 53.706135 ] }, { "date": "2026-07-31", "close": 49.5, "volume": 23349, "typical_volume": 53800.35, "trend": 59.058735, "fair_value": 67.920203, "relative_strength": -26.662974, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.250288, "energy": 34.284667, "activity_lines": [ 49.003334, 48.807273, 50.197459, 53.031479 ] }, { "date": "2026-08-07", "close": 48.799999, "volume": 80790, "typical_volume": 52563.7, "trend": 57.928986, "fair_value": 67.607981, "relative_strength": -28.504557, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.475954, "energy": 35.083322, "activity_lines": [ 48.9, 48.797273, 49.896903, 52.369625 ] } ], "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." } } }