{ "ticker": { "uuid": "8a431d03-b623-441c-8472-8c2b5f93b8b1", "symbol": "VH", "name": "V\u00e4stra Hamnen Corporate Finance 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": -42.985, "architecture_energy": 37.204, "architecture_maturity": 100.0, "architecture_confidence": 81.187, "architecture_tenure": "Extended", "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": 35.33, "rotation_up": 27.99, "upward_expansion": 24.67, "deceleration": 46.97, "rotation_down": 29.83, "downward_expansion": 61.0 }, "activity_lines": [ 14.566667, 14.003636, 14.667143, 17.205806 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 15.8, "trend_reference": 20.913333, "distance_from_trend": -0.244501, "trend_direction": "Weakening", "fair_value": 47.175723, "distance_from_fair_value": -0.665082, "fair_value_direction": "Weakening", "relative_strength": -52.263673, "relative_strength_direction": "Improving", "price_momentum": -0.455172, "excess_performance": -0.516667, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.244501, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.256018, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.665082, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.02817, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.522637, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.025403, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.455172, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.598621, "read": "Supply-led" } ], "volume": { "latest": 14842, "relative_activity": 0.935598, "balance": 0.598621, "dry_up": 1.272658, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.114345, "annualized_volatility": 0.962647, "from_high_reference": -0.674897, "from_low_reference": 0.504762 }, "levels": { "trend_reference": 20.913333, "fair_value_reference": 47.175723, 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-53.622449, "energy": 59.580362, "activity_lines": [ 13.146667, 12.890909, 16.884762, 19.980215 ] }, { "date": "2026-07-10", "close": 13.6, "volume": 3869, "typical_volume": 12461.2, "trend": 23.43, "fair_value": 48.520704, "relative_strength": -61.34025, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.217251, "energy": 54.201321, "activity_lines": [ 13.426667, 12.881818, 16.259524, 19.30172 ] }, { "date": "2026-07-17", "close": 13.6, "volume": 7092, "typical_volume": 12625.6, "trend": 22.783333, "fair_value": 48.20289, "relative_strength": -59.96757, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.27756, "energy": 52.496881, "activity_lines": [ 13.546667, 12.992727, 15.700952, 18.667527 ] }, { "date": "2026-07-24", "close": 12.9, "volume": 18540, "typical_volume": 13204.95, "trend": 22.086667, "fair_value": 47.838898, "relative_strength": -61.671061, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.478615, "energy": 53.614409, "activity_lines": [ 13.32, 13.070909, 15.134762, 18.029892 ] }, { "date": "2026-07-31", "close": 15.0, "volume": 40282, "typical_volume": 15156.05, "trend": 21.486667, "fair_value": 47.518147, "relative_strength": -54.946247, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.631729, "energy": 49.072625, "activity_lines": [ 13.853333, 13.496364, 14.834762, 17.572688 ] }, { "date": "2026-08-07", "close": 15.8, "volume": 14842, "typical_volume": 15863.65, "trend": 20.913333, "fair_value": 47.175723, "relative_strength": -52.263673, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.985349, "energy": 37.204238, "activity_lines": [ 14.566667, 14.003636, 14.667143, 17.205806 ] } ], "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." } } }