{
  "ticker": {
    "uuid": "9bf51fe5-c415-4e64-a8e4-c2fdf2daf80f",
    "symbol": "B3",
    "name": "B3 Consulting Group 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": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -62.784,
    "architecture_energy": 60.97,
    "architecture_maturity": 100.0,
    "architecture_confidence": 93.286,
    "architecture_tenure": "Extended",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 11.9,
        "rotation_up": 29.3,
        "upward_expansion": 12.0,
        "deceleration": 57.6,
        "rotation_down": 48.97,
        "downward_expansion": 83.0
      },
      "activity_lines": [
        20.133334,
        20.409091,
        22.955715,
        25.931075
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      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.5
    },
    "latest_close": 20.200001,
    "trend_reference": 30.101667,
    "distance_from_trend": -0.328941,
    "trend_direction": "Weakening",
    "fair_value": 62.893894,
    "distance_from_fair_value": -0.678824,
    "fair_value_direction": "Weakening",
    "relative_strength": -52.086901,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.481386,
    "excess_performance": -0.542881,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.328941,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.184237,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.678824,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.067747,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.520869,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.053715,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.481386,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.940596,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 15141,
      "relative_activity": 0.327586,
      "balance": 0.940596,
      "dry_up": 1.654515,
      "accumulation_observations": 3,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.124714,
      "annualized_volatility": 0.480274,
      "from_high_reference": -0.649306,
      "from_low_reference": 0.091892
    },
    "levels": {
      "trend_reference": 30.101667,
      "fair_value_reference": 62.893894,
      "structural_low": 18.5,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
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    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 30,
        "median_return": -0.050653,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.666667,
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        "worst_return": -0.231844,
        "sufficient": true
      },
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      {
        "date": "2026-04-24",
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        "date": "2026-05-08",
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        "date": "2026-05-22",
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        "date": "2026-07-03",
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 42887.8,
        "trend": 32.423334,
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        "modifier": "Established contraction",
        "gate": "down",
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        "energy": 64.172825,
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          20.913334,
          21.832728,
          25.19881,
          28.243226
        ]
      },
      {
        "date": "2026-07-24",
        "close": 19.5,
        "volume": 135916,
        "typical_volume": 47067.25,
        "trend": 31.636667,
        "fair_value": 63.904516,
        "relative_strength": -54.235511,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.438558,
        "energy": 63.358988,
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          20.486667,
          21.194546,
          24.348572,
          27.409462
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      },
      {
        "date": "2026-07-31",
        "close": 19.4,
        "volume": 35657,
        "typical_volume": 47934.4,
        "trend": 30.878334,
        "fair_value": 63.407066,
        "relative_strength": -54.050186,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.279639,
        "energy": 65.168797,
        "activity_lines": [
          20.2,
          20.658182,
          23.574524,
          26.62
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      },
      {
        "date": "2026-08-07",
        "close": 20.200001,
        "volume": 15141,
        "typical_volume": 46219.9,
        "trend": 30.101667,
        "fair_value": 62.893894,
        "relative_strength": -52.086901,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.783574,
        "energy": 60.969514,
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          20.133334,
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          22.955715,
          25.931075
        ]
      }
    ],
    "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."
    }
  }
}