{ "ticker": { "uuid": "8b93302f-49be-465f-a262-f958c3a6d00e", "symbol": "SWEC-B", "name": "Sweco 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": "4c", "phase_label": "Stage 4C \u00b7 Repair watch", "transition": "stage_4_to_1_watch", "transition_label": "Stage 4 \u2192 1 repair watch", "confidence": 78.753, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "down", "architecture_direction": -9.964, "architecture_energy": 6.783, "architecture_maturity": 12.72, "architecture_confidence": 73.875, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 65.09, "rotation_up": 29.37, "upward_expansion": 33.23, "deceleration": 36.35, "rotation_down": 22.68, "downward_expansion": 39.23 }, "activity_lines": [ 133.426666, 132.930908, 132.536644, 133.191409 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 134.0, "trend_reference": 135.082258, "distance_from_trend": -0.008012, "trend_direction": "Weakening", "fair_value": 141.513387, "distance_from_fair_value": -0.053093, "fair_value_direction": "Improving", "relative_strength": -17.321821, "relative_strength_direction": "Improving", "price_momentum": -0.08445, "excess_performance": -0.145945, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.008012, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.044871, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.053093, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.028198, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.173218, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.056675, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.08445, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.461468, "read": "Demand-led" } ], "volume": { "latest": 1092661, "relative_activity": 0.783524, "balance": 1.461468, "dry_up": 0.875541, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.049541, "annualized_volatility": 0.321908, "from_high_reference": -0.235684, "from_low_reference": 0.098361 }, "levels": { "trend_reference": 135.082258, "fair_value_reference": 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"relative_strength": -15.825114, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.705171, "energy": 14.013802, "activity_lines": [ 132.359997, 132.059998, 132.217665, 133.611508 ] }, { "date": "2026-07-24", "close": 132.899994, "volume": 1378581, "typical_volume": 1423232.25, "trend": 135.828177, "fair_value": 141.104478, "relative_strength": -16.288996, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.011796, "energy": 11.756063, "activity_lines": [ 132.733329, 132.336361, 132.235526, 133.397421 ] }, { "date": "2026-07-31", "close": 134.100006, "volume": 860637, "typical_volume": 1408040.8, "trend": 135.46501, "fair_value": 141.311042, "relative_strength": -16.203807, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.94819, "energy": 7.12462, "activity_lines": [ 133.379999, 132.674544, 132.390444, 133.285926 ] }, { "date": "2026-08-07", "close": 134.0, "volume": 1092661, "typical_volume": 1394547.1, "trend": 135.082258, "fair_value": 141.513387, "relative_strength": -17.321821, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.963715, "energy": 6.783151, "activity_lines": [ 133.426666, 132.930908, 132.536644, 133.191409 ] } ], "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." } } }