{
  "ticker": {
    "uuid": "a1b64fe2-67ec-4610-b907-f4cff37f9fed",
    "symbol": "LAMM-B",
    "name": "Lammhults Design 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": -66.572,
    "architecture_energy": 66.412,
    "architecture_maturity": 66.814,
    "architecture_confidence": 85.558,
    "architecture_tenure": "Established",
    "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": 21.5,
        "rotation_up": 10.97,
        "upward_expansion": 13.4,
        "deceleration": 38.38,
        "rotation_down": 70.17,
        "downward_expansion": 86.73
      },
      "activity_lines": [
        21.993333,
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        23.663652,
        24.460049
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.666667
    },
    "latest_close": 21.299999,
    "trend_reference": 26.140422,
    "distance_from_trend": -0.18517,
    "trend_direction": "Weakening",
    "fair_value": 26.773564,
    "distance_from_fair_value": -0.204439,
    "fair_value_direction": "Weakening",
    "relative_strength": -38.370302,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.344002,
    "excess_performance": -0.405497,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.18517,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.123744,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.204439,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.062875,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.383703,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.012561,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.344002,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.463376,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 53317,
      "relative_activity": 0.670211,
      "balance": 0.463376,
      "dry_up": 1.764366,
      "accumulation_observations": 2,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.116287,
      "annualized_volatility": 0.442184,
      "from_high_reference": -0.494584,
      "from_low_reference": 0.121053
    },
    "levels": {
      "trend_reference": 26.140422,
      "fair_value_reference": 26.773564,
      "structural_low": 19.0,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 27,
        "median_return": -0.007317,
        "positive_rate": 0.444444,
        "directional_follow_through": 0.555556,
        "median_excess_return": -0.02666,
        "regime_survival": 0.851852,
        "best_return": 0.245455,
        "worst_return": -0.142385,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 9,
        "median_return": -0.004274,
        "positive_rate": 0.444444,
        "directional_follow_through": 0.555556,
        "median_excess_return": -0.057994,
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        "best_return": 0.274678,
        "worst_return": -0.263809,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": -0.037736,
        "positive_rate": 0.4,
        "directional_follow_through": 0.6,
        "median_excess_return": -0.006627,
        "regime_survival": 0.4,
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        "worst_return": -0.10574,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": -0.0761,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.666667,
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        "regime_survival": 0.333333,
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        "worst_return": -0.203357,
        "sufficient": false
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        "start": "2023-07-21",
        "end": "2023-11-24",
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        "return": -0.026217,
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      },
      {
        "regime": "balance",
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        "regime": "upward_expansion",
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      {
        "regime": "deceleration",
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      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
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        "regime": "upward_expansion",
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      },
      {
        "date": "2026-07-17",
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        "trend": 27.519986,
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        "relative_strength": -37.633932,
        "stage": 4,
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        "modifier": "Established contraction",
        "gate": "down",
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        "energy": 41.359625,
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          23.599999,
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          24.454472,
          25.470976
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      },
      {
        "date": "2026-07-24",
        "close": 21.0,
        "volume": 55067,
        "typical_volume": 83640.05,
        "trend": 27.077005,
        "fair_value": 26.779639,
        "relative_strength": -38.793703,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
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        "energy": 54.144847,
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          22.546666,
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          24.082901,
          25.050332
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      },
      {
        "date": "2026-07-31",
        "close": 23.299999,
        "volume": 37885,
        "typical_volume": 79828.9,
        "trend": 26.672377,
        "fair_value": 26.781902,
        "relative_strength": -32.214631,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.944766,
        "energy": 56.152033,
        "activity_lines": [
          22.559999,
          23.492727,
          23.962646,
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      },
      {
        "date": "2026-08-07",
        "close": 21.299999,
        "volume": 53317,
        "typical_volume": 79552.5,
        "trend": 26.140422,
        "fair_value": 26.773564,
        "relative_strength": -38.370302,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.572373,
        "energy": 66.411529,
        "activity_lines": [
          21.993333,
          22.978181,
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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."
    }
  }
}