{ "ticker": { "uuid": "99460c4f-9062-4932-b02d-63ff913cf073", "symbol": "XBRANE", "name": "Xbrane Biopharma 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": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 91.28, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Momentum cooling", "architecture_gate": "up", "architecture_direction": 31.917, "architecture_energy": 18.906, "architecture_maturity": 25.988, "architecture_confidence": 62.517, "architecture_tenure": "New", "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": 52.35, "rotation_up": 26.36, "upward_expansion": 56.88, "deceleration": 75.86, "rotation_down": 28.45, "downward_expansion": 18.22 }, "activity_lines": [ 10.223333, 10.402727, 10.389405, 9.876583 ], "activity_state": "Moderate", "activity_direction": "Stable", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 10.0, "trend_reference": 9.560267, "distance_from_trend": 0.045996, "trend_direction": "Improving", "fair_value": 67.182047, "distance_from_fair_value": -0.851151, "fair_value_direction": "Improving", "relative_strength": -39.253486, "relative_strength_direction": "Improving", "price_momentum": -0.018646, "excess_performance": -0.08014, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.045996, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.01123, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.851151, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.087948, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.392535, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.177419, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.018646, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.416391, "read": "Supply-led" } ], "volume": { "latest": 54789, "relative_activity": 0.304674, "balance": 0.416391, "dry_up": 0.4008, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.098692, "annualized_volatility": 0.940268, "from_high_reference": -0.737533, "from_low_reference": 0.844678 }, "levels": { "trend_reference": 9.560267, "fair_value_reference": 67.182047, "structural_low": 5.421, "invalidation": "A 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9.645733, "fair_value": 100.714682, "relative_strength": -43.771145, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 53.117729, "energy": 28.134933, "activity_lines": [ 10.653333, 10.631818, 9.917605, 9.646927 ] }, { "date": "2026-07-10", "close": 10.8, "volume": 104274, "typical_volume": 233885.35, "trend": 9.665, "fair_value": 93.889252, "relative_strength": -41.033675, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 52.942326, "energy": 27.505958, "activity_lines": [ 10.706667, 10.665455, 10.086071, 9.721396 ] }, { "date": "2026-07-17", "close": 10.6, "volume": 71093, "typical_volume": 200154.45, "trend": 9.6596, "fair_value": 86.917198, "relative_strength": -39.585864, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 51.053367, "energy": 29.55997, "activity_lines": [ 10.686667, 10.666364, 10.22549, 9.781718 ] }, { "date": "2026-07-24", "close": 10.25, "volume": 79855, "typical_volume": 191926.85, "trend": 9.638733, "fair_value": 80.169997, "relative_strength": -40.403107, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.809654, "energy": 26.747003, "activity_lines": [ 10.556667, 10.585455, 10.311338, 9.819809 ] }, { "date": "2026-07-31", "close": 10.15, "volume": 82564, "typical_volume": 185356.2, "trend": 9.631267, "fair_value": 73.621999, "relative_strength": -39.647219, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 37.143619, "energy": 21.531357, "activity_lines": [ 10.396667, 10.501818, 10.367371, 9.852794 ] }, { "date": "2026-08-07", "close": 10.0, "volume": 54789, "typical_volume": 179828.55, "trend": 9.560267, "fair_value": 67.182047, "relative_strength": -39.253486, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 31.916725, "energy": 18.905813, "activity_lines": [ 10.223333, 10.402727, 10.389405, 9.876583 ] } ], "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." } } }