{ "ticker": { "uuid": "90467b94-f247-4002-a407-5c01232a353f", "symbol": "CANDLE-B", "name": "Candles Scandinavia 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": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 93.06, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 65.028, "architecture_energy": 63.384, "architecture_maturity": 14.761, "architecture_confidence": 68.945, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 13.46, "rotation_up": 70.75, "upward_expansion": 90.92, "deceleration": 40.94, "rotation_down": 14.17, "downward_expansion": 12.92 }, "activity_lines": [ 37.426667, 36.925455, 36.455715, 35.981506 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 37.599998, "trend_reference": 34.67, "distance_from_trend": 0.084511, "trend_direction": "Improving", "fair_value": 27.185898, "distance_from_fair_value": 0.38307, "fair_value_direction": "Improving", "relative_strength": -4.223615, "relative_strength_direction": "Weakening", "price_momentum": 0.566667, "excess_performance": 0.505172, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.084511, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.074594, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.38307, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.042138, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.042236, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.044702, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.566667, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.308604, "read": "Supply-led" } ], "volume": { "latest": 3202, "relative_activity": 0.192523, "balance": 0.308604, "dry_up": 2.855569, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.037848, "annualized_volatility": 0.757599, "from_high_reference": -0.208421, "from_low_reference": 0.649123 }, "levels": { "trend_reference": 34.67, "fair_value_reference": 27.185898, "structural_low": 23.9, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 8, "median_return": -0.030095, "positive_rate": 0.375, "directional_follow_through": 0.375, "median_excess_return": -0.034617, "regime_survival": 0.625, "best_return": 0.549296, "worst_return": -0.173333, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 3, "median_return": 0.030137, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.047506, "regime_survival": 0.333333, "best_return": 0.429577, "worst_return": -0.097561, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": -0.187595, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.254662, "regime_survival": 0.0, "best_return": -0.059859, "worst_return": -0.315331, "sufficient": false }, { "horizon": "Full 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-2.732518, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.340601, "energy": 33.81544, "activity_lines": [ 36.246667, 35.976364, 35.845238, 35.066882 ] }, { "date": "2026-07-17", "close": 37.400002, "volume": 2968, "typical_volume": 10120.3, "trend": 33.7, "fair_value": 27.207692, "relative_strength": -1.893568, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.043355, "energy": 47.074946, "activity_lines": [ 36.740001, 36.247273, 36.011905, 35.332043 ] }, { "date": "2026-07-24", "close": 37.200001, "volume": 179352, "typical_volume": 18817.35, "trend": 34.05, "fair_value": 27.199359, "relative_strength": -3.217353, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.193949, "energy": 51.779048, "activity_lines": [ 37.053335, 36.465455, 36.151429, 35.55785 ] }, { "date": "2026-07-31", "close": 37.400002, "volume": 4451, "typical_volume": 18036.65, "trend": 34.383334, "fair_value": 27.191026, "relative_strength": -3.454651, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.063173, "energy": 57.135774, "activity_lines": [ 37.253335, 36.692728, 36.302858, 35.773979 ] }, { "date": "2026-08-07", "close": 37.599998, "volume": 3202, "typical_volume": 16631.8, "trend": 34.67, "fair_value": 27.185898, "relative_strength": -4.223615, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.027538, "energy": 63.38444, "activity_lines": [ 37.426667, 36.925455, 36.455715, 35.981506 ] } ], "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." } } }