{ "ticker": { "uuid": "88456913-9d57-4e66-8d3f-50ab5d867347", "symbol": "SEDANA", "name": "Sedana Medical 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": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "mixed", "architecture_direction": 28.133, "architecture_energy": 30.534, "architecture_maturity": 54.652, "architecture_confidence": 75.963, "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": 38.1, "rotation_up": 61.58, "upward_expansion": 32.19, "deceleration": 34.45, "rotation_down": 17.7, "downward_expansion": 26.19 }, "activity_lines": [ 9.654667, 9.197636, 9.213571, 9.245763 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.0 }, "latest_close": 10.68, "trend_reference": 9.391333, "distance_from_trend": 0.137219, "trend_direction": "Weakening", "fair_value": 15.460513, "distance_from_fair_value": -0.309208, "fair_value_direction": "Improving", "relative_strength": -9.706472, "relative_strength_direction": "Improving", "price_momentum": 0.074447, "excess_performance": 0.012952, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.137219, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.03751, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.309208, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.110629, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.097065, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.127612, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.074447, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.379662, "read": "Demand-led" } ], "volume": { "latest": 561532, "relative_activity": 1.494484, "balance": 1.379662, "dry_up": 1.096412, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.066335, "annualized_volatility": 0.368246, "from_high_reference": -0.417031, "from_low_reference": 0.328358 }, "levels": { "trend_reference": 9.391333, "fair_value_reference": 15.460513, "structural_low": 8.04, "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": 37, "median_return": 0.006622, "positive_rate": 0.540541, "directional_follow_through": 0.459459, "median_excess_return": -0.007522, "regime_survival": 0.810811, "best_return": 0.523699, "worst_return": -0.489874, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 13, "median_return": 0.001969, "positive_rate": 0.538462, "directional_follow_through": 0.461538, "median_excess_return": 0.071271, "regime_survival": 0.461538, "best_return": 0.445971, "worst_return": -0.552168, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": -0.113307, "positive_rate": 0.375, "directional_follow_through": 0.625, "median_excess_return": -0.25322, "regime_survival": 0.25, "best_return": 0.486571, "worst_return": -0.585455, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.10828, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.212152, "regime_survival": 0.25, "best_return": 0.269105, "worst_return": -0.652401, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-03-29", "end": "2024-04-26", "tenure": "Developing", "return": 0.289819, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-05-03", "end": "2024-06-21", "tenure": "Developing", "return": 0.066079, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-06-28", "end": "2024-08-16", "tenure": "Developing", "return": -0.012959, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-23", "end": "2024-10-18", "tenure": "Developing", "return": 0.002193, "active": false }, { 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"gate": "down", "direction": -54.779192, "energy": 34.788708, "activity_lines": [ 8.649333, 8.735273, 9.047905, 9.184409 ] }, { "date": "2026-07-24", "close": 8.67, "volume": 293578, "typical_volume": 459668.3, "trend": 9.396, "fair_value": 15.613462, "relative_strength": -26.462863, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.311624, "energy": 26.833915, "activity_lines": [ 8.693333, 8.685455, 9.002619, 9.134882 ] }, { "date": "2026-07-31", "close": 9.8, "volume": 552908, "typical_volume": 422730.55, "trend": 9.365333, "fair_value": 15.530128, "relative_strength": -16.745998, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -11.308852, "energy": 12.885998, "activity_lines": [ 9.077333, 8.861091, 9.067667, 9.160946 ] }, { "date": "2026-08-07", "close": 10.68, "volume": 561532, "typical_volume": 375736.4, "trend": 9.391333, "fair_value": 15.460513, "relative_strength": -9.706472, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 28.132831, "energy": 30.533554, "activity_lines": [ 9.654667, 9.197636, 9.213571, 9.245763 ] } ], "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." } } }