{
  "ticker": {
    "uuid": "a2fd6fed-d9dd-46e1-9ca7-b54e76b9f5f9",
    "symbol": "GPG",
    "name": "Genova Property 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": 93.254,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -40.837,
    "architecture_energy": 22.033,
    "architecture_maturity": 44.966,
    "architecture_confidence": 92.207,
    "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": 36.01,
        "rotation_up": 22.67,
        "upward_expansion": 12.99,
        "deceleration": 41.65,
        "rotation_down": 38.0,
        "downward_expansion": 62.99
      },
      "activity_lines": [
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        37.48063,
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      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.5
    },
    "latest_close": 37.0,
    "trend_reference": 38.75788,
    "distance_from_trend": -0.045355,
    "trend_direction": "Weakening",
    "fair_value": 41.20712,
    "distance_from_fair_value": -0.102097,
    "fair_value_direction": "Weakening",
    "relative_strength": -15.98595,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.083061,
    "excess_performance": -0.144555,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.045355,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.017949,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.102097,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.001131,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.15986,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.005985,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.083061,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.440862,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 29729,
      "relative_activity": 0.967539,
      "balance": 0.440862,
      "dry_up": 0.625415,
      "accumulation_observations": 2,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.04599,
      "annualized_volatility": 0.235638,
      "from_high_reference": -0.224102,
      "from_low_reference": 0.063632
    },
    "levels": {
      "trend_reference": 38.75788,
      "fair_value_reference": 41.20712,
      "structural_low": 34.786472,
      "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": 32,
        "median_return": -0.021791,
        "positive_rate": 0.4375,
        "directional_follow_through": 0.5625,
        "median_excess_return": -0.023503,
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        "worst_return": -0.425272,
        "sufficient": true
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        "horizon": "Intermediate",
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        "sufficient": true
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        "horizon": "Full cycle",
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        "typical_volume": 79862.5,
        "trend": 39.706344,
        "fair_value": 41.991695,
        "relative_strength": -14.011115,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
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        "energy": 17.754948,
        "activity_lines": [
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      },
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        "date": "2026-05-01",
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        "stage": 4,
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        "energy": 44.054042,
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      },
      {
        "date": "2026-05-08",
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        "trend": 39.648731,
        "fair_value": 41.822657,
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        "modifier": "Upper balance after advance",
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        "energy": 52.887232,
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      },
      {
        "date": "2026-05-15",
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        "typical_volume": 62591.55,
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        "regime": "downward_expansion",
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        "energy": 66.590975,
        "activity_lines": [
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      },
      {
        "date": "2026-05-22",
        "close": 36.799999,
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        "typical_volume": 65310.25,
        "trend": 39.542275,
        "fair_value": 41.684815,
        "relative_strength": -17.782946,
        "stage": 4,
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        "modifier": "Early contraction",
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        "energy": 67.959665,
        "activity_lines": [
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      },
      {
        "date": "2026-05-29",
        "close": 39.900002,
        "volume": 16450,
        "typical_volume": 65387.2,
        "trend": 39.466255,
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        "activity_lines": [
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      },
      {
        "date": "2026-06-05",
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        "typical_volume": 59845.55,
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        "relative_strength": -12.688822,
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        "activity_lines": [
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      },
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        "date": "2026-06-12",
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        "typical_volume": 58995.55,
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        "fair_value": 41.565443,
        "relative_strength": -13.240986,
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        "energy": 21.6468,
        "activity_lines": [
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      },
      {
        "date": "2026-06-26",
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        "trend": 39.085334,
        "fair_value": 41.483722,
        "relative_strength": -15.62087,
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        "modifier": "Early contraction",
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        "direction": -62.907234,
        "energy": 47.104462,
        "activity_lines": [
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          38.661623
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      },
      {
        "date": "2026-07-03",
        "close": 36.575489,
        "volume": 11270,
        "typical_volume": 56150.95,
        "trend": 39.059044,
        "fair_value": 41.419307,
        "relative_strength": -17.518953,
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        "regime": "downward_expansion",
        "modifier": "Early contraction",
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        "direction": -59.964945,
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        "activity_lines": [
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      },
      {
        "date": "2026-07-10",
        "close": 37.867558,
        "volume": 19028,
        "typical_volume": 35970.1,
        "trend": 39.052758,
        "fair_value": 41.365669,
        "relative_strength": -12.303748,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.271965,
        "energy": 43.014938,
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          37.089316,
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          38.422828
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      },
      {
        "date": "2026-07-17",
        "close": 37.271221,
        "volume": 13702,
        "typical_volume": 33787.95,
        "trend": 38.980466,
        "fair_value": 41.314449,
        "relative_strength": -12.369626,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.667101,
        "energy": 30.83939,
        "activity_lines": [
          37.156853,
          37.32953,
          37.753084,
          38.30789
        ]
      },
      {
        "date": "2026-07-24",
        "close": 37.072441,
        "volume": 2432,
        "typical_volume": 31972.95,
        "trend": 38.911433,
        "fair_value": 41.280673,
        "relative_strength": -13.829655,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.111635,
        "energy": 27.366127,
        "activity_lines": [
          37.186716,
          37.267896,
          37.623235,
          38.184792
        ]
      },
      {
        "date": "2026-07-31",
        "close": 37.668782,
        "volume": 31004,
        "typical_volume": 31551.7,
        "trend": 38.852393,
        "fair_value": 41.243232,
        "relative_strength": -13.247763,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -36.574632,
        "energy": 17.901942,
        "activity_lines": [
          37.383863,
          37.306098,
          37.574315,
          38.104621
        ]
      },
      {
        "date": "2026-08-07",
        "close": 37.0,
        "volume": 29729,
        "typical_volume": 30726.4,
        "trend": 38.75788,
        "fair_value": 41.20712,
        "relative_strength": -15.98595,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.836857,
        "energy": 22.032932,
        "activity_lines": [
          37.28683,
          37.206907,
          37.48063,
          37.985111
        ]
      }
    ],
    "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."
    }
  }
}