{ "ticker": { "uuid": "837c7048-69b8-4a0d-ab06-c845fd4d7eeb", "symbol": "SUS", "name": "Surgical Science Sweden 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": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 96.0, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "up", "architecture_direction": 53.324, "architecture_energy": 30.097, "architecture_maturity": 18.195, "architecture_confidence": 48.493, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 35.36, "rotation_up": 54.74, "upward_expansion": 64.64, "deceleration": 59.31, "rotation_down": 17.91, "downward_expansion": 14.98 }, "activity_lines": [ 33.838667, 32.795273, 33.051143, 32.717161 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 37.099998, "trend_reference": 31.881333, "distance_from_trend": 0.16369, "trend_direction": "Weakening", "fair_value": 114.203846, "distance_from_fair_value": -0.675142, "fair_value_direction": "Improving", "relative_strength": -34.03288, "relative_strength_direction": "Improving", "price_momentum": 0.505682, "excess_performance": 0.444187, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.16369, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.119876, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.675142, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.072415, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.340329, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.284904, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.505682, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.450607, "read": "Demand-led" } ], "volume": { "latest": 681923, "relative_activity": 1.051729, "balance": 1.450607, "dry_up": 0.790006, "accumulation_observations": 3, "distribution_observations": 0 }, "risk": { "range_context": 0.083392, "annualized_volatility": 0.572949, "from_high_reference": -0.660567, "from_low_reference": 0.565401 }, "levels": { "trend_reference": 31.881333, "fair_value_reference": 114.203846, "structural_low": 23.860001, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 19, "median_return": 0.009907, "positive_rate": 0.526316, "directional_follow_through": 0.526316, "median_excess_return": -0.028423, "regime_survival": 0.631579, "best_return": 0.156308, "worst_return": -0.330165, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.005455, "positive_rate": 0.444444, "directional_follow_through": 0.444444, "median_excess_return": 0.043203, "regime_survival": 0.333333, "best_return": 0.340935, "worst_return": -0.329395, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.132442, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.120512, "regime_survival": 0.166667, "best_return": 0.087415, 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-52.33627, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -18.614144, "energy": 22.59608, "activity_lines": [ 31.422666, 32.471636, 32.845905, 32.317376 ] }, { "date": "2026-07-17", "close": 30.24, "volume": 271963, "typical_volume": 810025.8, "trend": 31.620667, "fair_value": 118.013333, "relative_strength": -50.412576, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -23.289678, "energy": 34.381549, "activity_lines": [ 30.976, 31.954909, 32.609714, 32.225462 ] }, { "date": "2026-07-24", "close": 30.84, "volume": 656291, "typical_volume": 755061.25, "trend": 31.58, "fair_value": 116.62, "relative_strength": -47.61493, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.510047, "energy": 32.497851, "activity_lines": [ 30.888, 31.599273, 32.440476, 32.175097 ] }, { "date": "2026-07-31", "close": 34.580002, "volume": 438727, "typical_volume": 676734.35, "trend": 31.698, "fair_value": 115.399359, "relative_strength": -39.160858, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 33.221107, "energy": 17.131316, "activity_lines": [ 32.044001, 31.937091, 32.633143, 32.368645 ] }, { "date": "2026-08-07", "close": 37.099998, "volume": 681923, "typical_volume": 648382.8, "trend": 31.881333, "fair_value": 114.203846, "relative_strength": -34.03288, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 53.323896, "energy": 30.097334, "activity_lines": [ 33.838667, 32.795273, 33.051143, 32.717161 ] } ], "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." } } }