{
  "ticker": {
    "uuid": "9356322a-3d0c-494b-963c-60ed132b329a",
    "symbol": "EG7",
    "name": "Enad Global 7 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": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Re-accelerating",
    "architecture_gate": "up",
    "architecture_direction": 69.444,
    "architecture_energy": 69.543,
    "architecture_maturity": 22.404,
    "architecture_confidence": 81.77,
    "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": 15.23,
        "rotation_up": 71.42,
        "upward_expansion": 87.61,
        "deceleration": 46.3,
        "rotation_down": 11.01,
        "downward_expansion": 14.28
      },
      "activity_lines": [
        20.066667,
        19.250364,
        18.879381,
        18.088021
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.666667
    },
    "latest_close": 20.65,
    "trend_reference": 16.788,
    "distance_from_trend": 0.230045,
    "trend_direction": "Improving",
    "fair_value": 15.158434,
    "distance_from_fair_value": 0.362278,
    "fair_value_direction": "Improving",
    "relative_strength": 18.173008,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.738215,
    "excess_performance": 0.676721,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.230045,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.115457,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.362278,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.048283,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.18173,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.151323,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.738215,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.052067,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 515783,
      "relative_activity": 0.724783,
      "balance": 1.052067,
      "dry_up": 0.923259,
      "accumulation_observations": 3,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.079307,
      "annualized_volatility": 0.564546,
      "from_high_reference": -0.07191,
      "from_low_reference": 0.985577
    },
    "levels": {
      "trend_reference": 16.788,
      "fair_value_reference": 15.158434,
      "structural_low": 10.62,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 10,
        "median_return": -0.072163,
        "positive_rate": 0.2,
        "directional_follow_through": 0.2,
        "median_excess_return": -0.081187,
        "regime_survival": 0.6,
        "best_return": 0.158571,
        "worst_return": -0.170538,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 5,
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        "regime_survival": 0.4,
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        "worst_return": -0.287201,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": -0.08194,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
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        "regime_survival": 0.0,
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        "worst_return": -0.183099,
        "sufficient": false
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        "horizon": "Full cycle",
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        "regime": "downward_expansion",
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      {
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        "regime": "balance",
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      },
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 752453.35,
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        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
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        "direction": 35.946778,
        "energy": 18.050043,
        "activity_lines": [
          17.98,
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      },
      {
        "date": "2026-07-24",
        "close": 20.75,
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        "typical_volume": 760055.7,
        "trend": 16.288667,
        "fair_value": 15.225602,
        "relative_strength": 24.239965,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 70.582588,
        "energy": 40.269087,
        "activity_lines": [
          18.906,
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      },
      {
        "date": "2026-07-31",
        "close": 20.35,
        "volume": 366620,
        "typical_volume": 720465.55,
        "trend": 16.529667,
        "fair_value": 15.189043,
        "relative_strength": 19.496707,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.261396,
        "energy": 43.977452,
        "activity_lines": [
          19.527333,
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      },
      {
        "date": "2026-08-07",
        "close": 20.65,
        "volume": 515783,
        "typical_volume": 711637.4,
        "trend": 16.788,
        "fair_value": 15.158434,
        "relative_strength": 18.173008,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.444107,
        "energy": 69.543176,
        "activity_lines": [
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      }
    ],
    "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."
    }
  }
}