{
  "ticker": {
    "uuid": "9f4d3aa1-1dee-4aa2-88f6-41bc99cbe325",
    "symbol": "INVE-B",
    "name": "Investor 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": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 87.268,
    "architecture_energy": 87.788,
    "architecture_maturity": 43.106,
    "architecture_confidence": 86.467,
    "architecture_tenure": "Established",
    "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": 7.53,
        "rotation_up": 75.13,
        "upward_expansion": 92.84,
        "deceleration": 46.48,
        "rotation_down": 14.27,
        "downward_expansion": 19.51
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      "activity_lines": [
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.666667
    },
    "latest_close": 423.700012,
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    "distance_from_trend": 0.138827,
    "trend_direction": "Improving",
    "fair_value": 290.555018,
    "distance_from_fair_value": 0.458244,
    "fair_value_direction": "Improving",
    "relative_strength": 10.233823,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.182583,
    "excess_performance": 0.121089,
    "evidence": [
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        "label": "Price vs Trend",
        "positive": true,
        "value": 0.138827,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.076194,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.458244,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.11381,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.102338,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.036828,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.182583,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 3.707723,
        "read": "Demand-led"
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    ],
    "volume": {
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      "balance": 3.707723,
      "dry_up": 1.025822,
      "accumulation_observations": 5,
      "distribution_observations": 0
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    "risk": {
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      "annualized_volatility": 0.189685,
      "from_high_reference": -0.007263,
      "from_low_reference": 0.531975
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      "structural_low": 322.8657,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
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      },
      {
        "date": "2026-07-17",
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 12056890.8,
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        "fair_value": 287.764214,
        "relative_strength": 9.338693,
        "stage": 2,
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        "modifier": "Established expansion",
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      },
      {
        "date": "2026-07-31",
        "close": 411.0,
        "volume": 12196709,
        "typical_volume": 11845259.3,
        "trend": 369.15827,
        "fair_value": 289.116321,
        "relative_strength": 9.428289,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.463327,
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        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 423.700012,
        "volume": 12845629,
        "typical_volume": 11533972.8,
        "trend": 372.049485,
        "fair_value": 290.555018,
        "relative_strength": 10.233823,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.267504,
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        "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."
    }
  }
}