{ "ticker": { "uuid": "a67b8e13-d09c-443b-ab24-c3600089f1e8", "symbol": "E1RI34", "name": "Telefonaktiebolaget LM Ericsson (publ)", "exchange": "SAO", "country": "BR", "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": "^BVSP", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 83.172, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Structural failure", "architecture_gate": "down", "architecture_direction": -70.553, "architecture_energy": 88.785, "architecture_maturity": 17.451, "architecture_confidence": 79.704, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 19.97, "rotation_up": 8.03, "upward_expansion": 21.97, "deceleration": 37.0, "rotation_down": 84.21, "downward_expansion": 99.97 }, "activity_lines": [ 24.786001, 26.358001, 28.198476, 28.648741 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -1.0 }, "latest_close": 24.700001, "trend_reference": 28.826133, "distance_from_trend": -0.143139, "trend_direction": "Improving", "fair_value": 20.701591, "distance_from_fair_value": 0.193145, "fair_value_direction": "Weakening", "relative_strength": -10.037227, "relative_strength_direction": "Weakening", "price_momentum": -0.136487, "excess_performance": -0.079438, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.143139, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.032381, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.193145, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.313087, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.100372, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.097972, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.136487, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.979809, "read": "Supply-led" } ], "volume": { "latest": 0, "relative_activity": 0.0, "balance": 0.979809, "dry_up": 2.344276, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.06839, "annualized_volatility": 0.307657, "from_high_reference": -0.276508, "from_low_reference": 0.24605 }, "levels": { "trend_reference": 28.826133, "fair_value_reference": 20.701591, "structural_low": 23.68, "invalidation": "Reclaiming a 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"gate": "up", "direction": 36.164276, "energy": 21.900896, "activity_lines": [ 30.5, 30.979273, 30.429083, 29.765408 ] }, { "date": "2026-07-03", "close": 28.92, "volume": 0, "typical_volume": 91.65, "trend": 28.740911, "fair_value": 20.25109, "relative_strength": 3.793528, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.364371, "energy": 22.907784, "activity_lines": [ 29.78, 30.658364, 30.323749, 29.784867 ] }, { "date": "2026-07-10", "close": 27.870001, "volume": 32, "typical_volume": 92.2, "trend": 28.8106, "fair_value": 20.358259, "relative_strength": -1.95301, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.409769, "energy": 27.856361, "activity_lines": [ 28.954, 30.132546, 30.116722, 29.728679 ] }, { "date": "2026-07-17", "close": 25.290001, "volume": 840, "typical_volume": 114.7, "trend": 28.780412, "fair_value": 20.448652, "relative_strength": -8.849831, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -49.68085, "energy": 58.141821, "activity_lines": [ 27.586001, 29.150182, 29.668609, 29.501544 ] }, { "date": "2026-07-24", "close": 23.68, "volume": 64, "typical_volume": 108.7, "trend": 28.677727, "fair_value": 20.529317, "relative_strength": -14.650849, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -64.256862, "energy": 81.518597, "activity_lines": [ 26.061334, 27.942728, 29.087616, 29.172485 ] }, { "date": "2026-07-31", "close": 24.700001, "volume": 210, "typical_volume": 119.05, "trend": 28.840306, "fair_value": 20.614921, "relative_strength": -12.849186, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.016999, "energy": 79.085479, "activity_lines": [ 25.250001, 27.064546, 28.63047, 28.915858 ] }, { "date": "2026-08-07", "close": 24.700001, "volume": 0, "typical_volume": 118.8, "trend": 28.826133, "fair_value": 20.701591, "relative_strength": -10.037227, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -70.553067, "energy": 88.785045, "activity_lines": [ 24.786001, 26.358001, 28.198476, 28.648741 ] } ], "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." } } }