{
  "ticker": {
    "uuid": "a67a8eb7-3e8e-4110-9960-5841638722ae",
    "symbol": "GREAT",
    "name": "Greater Than 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": 85.01,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -1.669,
    "architecture_energy": 22.304,
    "architecture_maturity": 100.0,
    "architecture_confidence": 49.924,
    "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": 56.14,
        "rotation_up": 45.47,
        "upward_expansion": 28.08,
        "deceleration": 41.32,
        "rotation_down": 12.43,
        "downward_expansion": 48.41
      },
      "activity_lines": [
        9.852667,
        9.012545,
        9.046238,
        9.616581
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.333333
    },
    "latest_close": 10.55,
    "trend_reference": 10.836333,
    "distance_from_trend": -0.026423,
    "trend_direction": "Weakening",
    "fair_value": 37.838397,
    "distance_from_fair_value": -0.721183,
    "fair_value_direction": "Improving",
    "relative_strength": -40.079845,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.277397,
    "excess_performance": -0.338892,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.026423,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.220949,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.721183,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.041262,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.400798,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.082506,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.277397,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.682677,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 36808,
      "relative_activity": 0.434391,
      "balance": 0.682677,
      "dry_up": 0.830498,
      "accumulation_observations": 1,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.111119,
      "annualized_volatility": 0.769366,
      "from_high_reference": -0.855479,
      "from_low_reference": 0.490113
    },
    "levels": {
      "trend_reference": 10.836333,
      "fair_value_reference": 37.838397,
      "structural_low": 7.08,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 42,
        "median_return": -0.05806,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.066531,
        "regime_survival": 0.857143,
        "best_return": 1.96,
        "worst_return": -0.438202,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 15,
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        "positive_rate": 0.2,
        "directional_follow_through": 0.8,
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        "regime_survival": 0.733333,
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        "worst_return": -0.610294,
        "sufficient": true
      },
      {
        "horizon": "Extended",
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        "positive_rate": 0.222222,
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        "worst_return": -0.637755,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
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        "worst_return": -0.610482,
        "sufficient": false
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    ],
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        "color": "green",
        "start": "2023-08-04",
        "end": "2023-08-18",
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        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2023-08-25",
        "end": "2023-11-17",
        "tenure": "Established",
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        "regime": "rotation_down",
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        "active": false
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        "regime": "downward_expansion",
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      {
        "regime": "balance",
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        "regime": "rotation_up",
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      },
      {
        "date": "2026-07-03",
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      },
      {
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        "trend": 12.089,
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        "relative_strength": -50.767775,
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        "gate": "down",
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 92466.4,
        "trend": 11.726333,
        "fair_value": 39.267885,
        "relative_strength": -48.414722,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.757014,
        "energy": 50.54631,
        "activity_lines": [
          8.134667,
          8.072364,
          8.913476,
          9.887376
        ]
      },
      {
        "date": "2026-07-24",
        "close": 8.7,
        "volume": 14131,
        "typical_volume": 86819.15,
        "trend": 11.386333,
        "fair_value": 38.754423,
        "relative_strength": -49.127926,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.400283,
        "energy": 38.366203,
        "activity_lines": [
          8.426667,
          8.155273,
          8.829238,
          9.692129
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      },
      {
        "date": "2026-07-31",
        "close": 10.75,
        "volume": 194990,
        "typical_volume": 89410.05,
        "trend": 11.084667,
        "fair_value": 38.28359,
        "relative_strength": -37.861367,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -7.320751,
        "energy": 21.004353,
        "activity_lines": [
          9.295333,
          8.618909,
          8.94381,
          9.651075
        ]
      },
      {
        "date": "2026-08-07",
        "close": 10.55,
        "volume": 36808,
        "typical_volume": 84734.75,
        "trend": 10.836333,
        "fair_value": 37.838397,
        "relative_strength": -40.079845,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -1.668619,
        "energy": 22.304355,
        "activity_lines": [
          9.852667,
          9.012545,
          9.046238,
          9.616581
        ]
      }
    ],
    "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."
    }
  }
}