{
  "ticker": {
    "uuid": "841e8761-9259-44b5-ba72-b19a3508f50e",
    "symbol": "AGROUP",
    "name": "Arlandastad 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": 73.752,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -41.009,
    "architecture_energy": 28.009,
    "architecture_maturity": 63.36,
    "architecture_confidence": 78.799,
    "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": 39.19,
        "rotation_up": 25.93,
        "upward_expansion": 15.22,
        "deceleration": 46.58,
        "rotation_down": 33.88,
        "downward_expansion": 62.88
      },
      "activity_lines": [
        37.046667,
        36.729741,
        37.513997,
        38.728361
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.333333
    },
    "latest_close": 38.0,
    "trend_reference": 40.710162,
    "distance_from_trend": -0.066572,
    "trend_direction": "Improving",
    "fair_value": 32.141698,
    "distance_from_fair_value": 0.182265,
    "fair_value_direction": "Weakening",
    "relative_strength": -9.711073,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.161148,
    "excess_performance": -0.222642,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.066572,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.013653,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.182265,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.020916,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.097111,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.109551,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.161148,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.284485,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 28708,
      "relative_activity": 1.03587,
      "balance": 1.284485,
      "dry_up": 1.560796,
      "accumulation_observations": 4,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.060828,
      "annualized_volatility": 0.230545,
      "from_high_reference": -0.24,
      "from_low_reference": 0.324042
    },
    "levels": {
      "trend_reference": 40.710162,
      "fair_value_reference": 32.141698,
      "structural_low": 34.0,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 25,
        "median_return": 0.003672,
        "positive_rate": 0.52,
        "directional_follow_through": 0.48,
        "median_excess_return": -0.028989,
        "regime_survival": 0.84,
        "best_return": 0.338583,
        "worst_return": -0.17033,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
        "median_return": -0.007825,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.067424,
        "regime_survival": 0.625,
        "best_return": 0.19685,
        "worst_return": -0.150838,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": -0.032895,
        "positive_rate": 0.4,
        "directional_follow_through": 0.6,
        "median_excess_return": -0.045977,
        "regime_survival": 0.6,
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        "worst_return": -0.255814,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": -0.05102,
        "positive_rate": 0.333333,
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        "worst_return": -0.280294,
        "sufficient": false
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        "regime": "rotation_down",
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      {
        "regime": "downward_expansion",
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        "color": "red",
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        "regime": "balance",
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        "active": false
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        "regime": "deceleration",
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        "date": "2026-05-01",
        "close": 39.370514,
        "volume": 23238,
        "typical_volume": 84563.5,
        "trend": 39.03097,
        "fair_value": 32.08352,
        "relative_strength": 3.898681,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": -3.691553,
        "energy": 17.107001,
        "activity_lines": [
          40.439128,
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      },
      {
        "date": "2026-05-08",
        "close": 38.602306,
        "volume": 34498,
        "typical_volume": 75602.75,
        "trend": 39.28438,
        "fair_value": 32.083535,
        "relative_strength": 1.244056,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": -7.57533,
        "energy": 26.434761,
        "activity_lines": [
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      },
      {
        "date": "2026-05-15",
        "close": 38.410255,
        "volume": 21528,
        "typical_volume": 73784.75,
        "trend": 39.551389,
        "fair_value": 32.086165,
        "relative_strength": 1.70465,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -25.604974,
        "energy": 40.513474,
        "activity_lines": [
          39.079281,
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          41.390819
        ]
      },
      {
        "date": "2026-05-22",
        "close": 40.042694,
        "volume": 29194,
        "typical_volume": 68317.3,
        "trend": 39.882812,
        "fair_value": 32.114002,
        "relative_strength": 1.98966,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -20.224796,
        "energy": 32.648652,
        "activity_lines": [
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        ]
      },
      {
        "date": "2026-05-29",
        "close": 39.370514,
        "volume": 45500,
        "typical_volume": 56344.85,
        "trend": 40.161829,
        "fair_value": 32.129839,
        "relative_strength": 0.218012,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -28.284528,
        "energy": 29.39885,
        "activity_lines": [
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      },
      {
        "date": "2026-06-05",
        "close": 38.026154,
        "volume": 4208,
        "typical_volume": 50025.1,
        "trend": 40.399368,
        "fair_value": 32.137058,
        "relative_strength": -2.789015,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -35.828537,
        "energy": 34.118647,
        "activity_lines": [
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      },
      {
        "date": "2026-06-12",
        "close": 37.161922,
        "volume": 4566,
        "typical_volume": 44695.05,
        "trend": 40.581432,
        "fair_value": 32.120147,
        "relative_strength": -5.145788,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": -40.367406,
        "energy": 43.509345,
        "activity_lines": [
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      },
      {
        "date": "2026-06-19",
        "close": 37.161922,
        "volume": 17511,
        "typical_volume": 42387.7,
        "trend": 40.803496,
        "fair_value": 32.128877,
        "relative_strength": -7.27921,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": -40.536261,
        "energy": 58.408067,
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      },
      {
        "date": "2026-06-26",
        "close": 35.400002,
        "volume": 7805,
        "typical_volume": 40796.6,
        "trend": 40.963496,
        "fair_value": 32.119262,
        "relative_strength": -11.168959,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.277501,
        "energy": 81.16915,
        "activity_lines": [
          36.837086,
          37.749452,
          39.206993,
          40.473586
        ]
      },
      {
        "date": "2026-07-03",
        "close": 36.299999,
        "volume": 3555,
        "typical_volume": 38206.5,
        "trend": 41.176829,
        "fair_value": 32.11798,
        "relative_strength": -11.724836,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.510011,
        "energy": 76.86356,
        "activity_lines": [
          36.462384,
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          38.781256,
          40.172715
        ]
      },
      {
        "date": "2026-07-10",
        "close": 36.5,
        "volume": 16180,
        "typical_volume": 36741.65,
        "trend": 41.283496,
        "fair_value": 32.116698,
        "relative_strength": -9.559551,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.913936,
        "energy": 71.652357,
        "activity_lines": [
          36.359051,
          37.112158,
          38.423137,
          39.870984
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      },
      {
        "date": "2026-07-17",
        "close": 35.0,
        "volume": 50147,
        "typical_volume": 34306.55,
        "trend": 41.253496,
        "fair_value": 32.109647,
        "relative_strength": -12.578385,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.110215,
        "energy": 64.430158,
        "activity_lines": [
          35.857462,
          36.62169,
          37.969305,
          39.465597
        ]
      },
      {
        "date": "2026-07-24",
        "close": 36.799999,
        "volume": 33034,
        "typical_volume": 29056.9,
        "trend": 41.170162,
        "fair_value": 32.114775,
        "relative_strength": -9.6836,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.664142,
        "energy": 46.50628,
        "activity_lines": [
          36.1,
          36.52399,
          37.734519,
          39.178275
        ]
      },
      {
        "date": "2026-07-31",
        "close": 37.200001,
        "volume": 61134,
        "typical_volume": 29846.25,
        "trend": 41.003496,
        "fair_value": 32.131442,
        "relative_strength": -9.974332,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.417012,
        "energy": 38.910253,
        "activity_lines": [
          36.5,
          36.528296,
          37.568782,
          38.922135
        ]
      },
      {
        "date": "2026-08-07",
        "close": 38.0,
        "volume": 28708,
        "typical_volume": 27713.9,
        "trend": 40.710162,
        "fair_value": 32.141698,
        "relative_strength": -9.711073,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -41.008834,
        "energy": 28.009384,
        "activity_lines": [
          37.046667,
          36.729741,
          37.513997,
          38.728361
        ]
      }
    ],
    "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."
    }
  }
}