{
  "ticker": {
    "uuid": "8b837986-f1df-4452-9643-b3337d4a6ee4",
    "symbol": "VIVE",
    "name": "Vivesto AB",
    "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": 83.19,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "mixed",
    "architecture_direction": -19.117,
    "architecture_energy": 11.831,
    "architecture_maturity": 20.538,
    "architecture_confidence": 63.868,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 52.39,
        "rotation_up": 24.87,
        "upward_expansion": 7.06,
        "deceleration": 58.18,
        "rotation_down": 43.09,
        "downward_expansion": 46.39
      },
      "activity_lines": [
        8.578667,
        8.603273,
        9.042952,
        8.964344
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.666667
    },
    "latest_close": 8.7,
    "trend_reference": 8.987333,
    "distance_from_trend": -0.031971,
    "trend_direction": "Weakening",
    "fair_value": 19.41503,
    "distance_from_fair_value": -0.551894,
    "fair_value_direction": "Improving",
    "relative_strength": -39.207763,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.006944,
    "excess_performance": -0.05455,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.031971,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.148483,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.551894,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.044304,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.392078,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.122148,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.006944,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.772413,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 52985,
      "relative_activity": 0.331001,
      "balance": 1.772413,
      "dry_up": 0.233603,
      "accumulation_observations": 1,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.275199,
      "annualized_volatility": 1.182952,
      "from_high_reference": -0.643009,
      "from_low_reference": 0.242857
    },
    "levels": {
      "trend_reference": 8.987333,
      "fair_value_reference": 19.41503,
      "structural_low": 7.0,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 1,
        "median_return": -0.032333,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.032299,
        "regime_survival": 1.0,
        "best_return": -0.032333,
        "worst_return": -0.032333,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 0,
        "median_return": null,
        "positive_rate": null,
        "directional_follow_through": null,
        "median_excess_return": null,
        "regime_survival": null,
        "best_return": null,
        "worst_return": null,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 0,
        "median_return": null,
        "positive_rate": null,
        "directional_follow_through": null,
        "median_excess_return": null,
        "regime_survival": null,
        "best_return": null,
        "worst_return": null,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 0,
        "median_return": null,
        "positive_rate": null,
        "directional_follow_through": null,
        "median_excess_return": null,
        "regime_survival": null,
        "best_return": null,
        "worst_return": null,
        "sufficient": false
      }
    ],
    "ledger": [
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        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2022-02-04",
        "end": "2022-08-26",
        "tenure": "Extended",
        "return": -0.463867,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2022-09-02",
        "end": "2022-09-23",
        "tenure": "New",
        "return": -0.011583,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2022-09-30",
        "end": "2023-12-29",
        "tenure": "Extended",
        "return": -0.435204,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
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        "end": "2024-01-12",
        "tenure": "New",
        "return": -0.091988,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-01-19",
        "end": "2024-03-08",
        "tenure": "Developing",
        "return": -0.147497,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-03-15",
        "end": "2024-06-28",
        "tenure": "Established",
        "return": -0.141066,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-07-05",
        "end": "2024-11-01",
        "tenure": "Established",
        "return": -0.025926,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2025-01-31",
        "tenure": "Established",
        "return": -0.186257,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-02-07",
        "end": "2025-07-25",
        "tenure": "Established",
        "return": -0.032922,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-08-01",
        "end": "2025-11-14",
        "tenure": "Established",
        "return": -0.040254,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-11-21",
        "end": "2026-05-15",
        "tenure": "Established",
        "return": -0.289894,
        "active": false
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      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
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        "active": false
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      {
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      {
        "regime": "deceleration",
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        "color": "amber",
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        "end": "2026-08-07",
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        "return": 0.004619,
        "active": true
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    "chart_path": [
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        "typical_volume": 59415.95,
        "trend": 12.082568,
        "fair_value": 20.915407,
        "relative_strength": -55.490077,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
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        "energy": 57.566631,
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      },
      {
        "date": "2026-05-01",
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        "fair_value": 20.782346,
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      },
      {
        "date": "2026-05-08",
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        "activity_lines": [
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      },
      {
        "date": "2026-05-15",
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        "typical_volume": 62451.75,
        "trend": 10.932481,
        "fair_value": 20.553917,
        "relative_strength": -46.591661,
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        "regime": "downward_expansion",
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        "energy": 27.76224,
        "activity_lines": [
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      },
      {
        "date": "2026-05-22",
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        "typical_volume": 139048.85,
        "trend": 10.853623,
        "fair_value": 20.503881,
        "relative_strength": -0.51217,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 49.257565,
        "energy": 47.88072,
        "activity_lines": [
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      },
      {
        "date": "2026-05-29",
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        "relative_strength": -35.943286,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 19.436317,
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        "activity_lines": [
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      },
      {
        "date": "2026-06-05",
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        "typical_volume": 178705.4,
        "trend": 10.183957,
        "fair_value": 20.297547,
        "relative_strength": -44.206382,
        "stage": 4,
        "regime": "rotation_up",
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        "gate": "mixed",
        "direction": 13.709475,
        "energy": 27.76357,
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      },
      {
        "date": "2026-06-12",
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        "volume": 7770,
        "typical_volume": 171187.55,
        "trend": 9.815494,
        "fair_value": 20.19126,
        "relative_strength": -45.920636,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 4.735526,
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      },
      {
        "date": "2026-06-19",
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        "fair_value": 20.084043,
        "relative_strength": -44.136937,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -14.310986,
        "energy": 13.022214,
        "activity_lines": [
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      },
      {
        "date": "2026-06-26",
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        "typical_volume": 164170.3,
        "trend": 9.568086,
        "fair_value": 19.975076,
        "relative_strength": -44.860949,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -21.241687,
        "energy": 21.497033,
        "activity_lines": [
          8.914,
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          9.257143,
          9.257753
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      },
      {
        "date": "2026-07-03",
        "close": 8.66,
        "volume": 30569,
        "typical_volume": 164055.8,
        "trend": 9.476111,
        "fair_value": 19.86851,
        "relative_strength": -44.859359,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -13.050569,
        "energy": 18.064878,
        "activity_lines": [
          8.73,
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      },
      {
        "date": "2026-07-10",
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        "volume": 50706,
        "typical_volume": 162686.8,
        "trend": 9.379457,
        "fair_value": 19.772314,
        "relative_strength": -43.846302,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -33.521468,
        "energy": 23.124267,
        "activity_lines": [
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      },
      {
        "date": "2026-07-17",
        "close": 8.33,
        "volume": 35459,
        "typical_volume": 160322.75,
        "trend": 9.269519,
        "fair_value": 19.68065,
        "relative_strength": -42.879982,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "down",
        "direction": -43.099084,
        "energy": 25.714579,
        "activity_lines": [
          8.504,
          9.042909,
          9.128286,
          9.065259
        ]
      },
      {
        "date": "2026-07-24",
        "close": 8.85,
        "volume": 21649,
        "typical_volume": 158212.75,
        "trend": 9.160667,
        "fair_value": 19.589808,
        "relative_strength": -39.027615,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -38.581573,
        "energy": 20.291052,
        "activity_lines": [
          8.588667,
          8.881091,
          9.121381,
          9.038194
        ]
      },
      {
        "date": "2026-07-31",
        "close": 8.38,
        "volume": 39483,
        "typical_volume": 159147.8,
        "trend": 9.064,
        "fair_value": 19.503765,
        "relative_strength": -41.741886,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -22.758574,
        "energy": 14.683689,
        "activity_lines": [
          8.523333,
          8.634727,
          9.067,
          8.987828
        ]
      },
      {
        "date": "2026-08-07",
        "close": 8.7,
        "volume": 52985,
        "typical_volume": 160074.9,
        "trend": 8.987333,
        "fair_value": 19.41503,
        "relative_strength": -39.207763,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -19.116562,
        "energy": 11.831287,
        "activity_lines": [
          8.578667,
          8.603273,
          9.042952,
          8.964344
        ]
      }
    ],
    "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."
    }
  }
}