{ "ticker": { "uuid": "8b0fd546-a3db-454b-9cb1-65eb293bc0d8", "symbol": "VBG-B", "name": "VBG 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": "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": -33.618, "architecture_energy": 16.815, "architecture_maturity": 61.882, "architecture_confidence": 59.579, "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": 53.31, "rotation_up": 24.83, "upward_expansion": 17.52, "deceleration": 45.24, "rotation_down": 26.58, "downward_expansion": 53.86 }, "activity_lines": [ 322.933333, 321.036364, 324.53359, 329.941322 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 323.0, "trend_reference": 341.4577, "distance_from_trend": -0.054056, "trend_direction": "Weakening", "fair_value": 307.595, "distance_from_fair_value": 0.050082, "fair_value_direction": "Weakening", "relative_strength": -15.499739, "relative_strength_direction": "Weakening", "price_momentum": -0.196284, "excess_performance": -0.257778, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.054056, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.051675, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.050082, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.099366, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.154997, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.108426, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.196284, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.869744, "read": "Supply-led" } ], "volume": { "latest": 42381, "relative_activity": 0.660284, "balance": 0.869744, "dry_up": 1.057178, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.059598, "annualized_volatility": 0.275064, "from_high_reference": -0.202884, "from_low_reference": 0.22134 }, "levels": { "trend_reference": 341.4577, "fair_value_reference": 307.595, 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68535.45, "trend": 345.856035, "fair_value": 305.754209, "relative_strength": -12.963737, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.534825, "energy": 22.468182, "activity_lines": [ 320.166667, 319.5, 325.371094, 332.535404 ] }, { "date": "2026-07-31", "close": 326.5, "volume": 44140, "typical_volume": 64944.35, "trend": 343.852229, "fair_value": 306.662416, "relative_strength": -12.949659, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.890202, "energy": 21.122712, "activity_lines": [ 322.766667, 320.472727, 325.095662, 331.286627 ] }, { "date": "2026-08-07", "close": 323.0, "volume": 42381, "typical_volume": 64186.0, "trend": 341.4577, "fair_value": 307.595, "relative_strength": -15.499739, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.617966, "energy": 16.814677, "activity_lines": [ 322.933333, 321.036364, 324.53359, 329.941322 ] } ], "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." } } }