{ "ticker": { "uuid": "a7764a8f-37fd-4524-9601-839b26a0808b", "symbol": "NEWBRY", "name": "Newbury Pharmaceuticals 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": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "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": 69.191, "architecture_energy": 66.09, "architecture_maturity": 38.0, "architecture_confidence": 79.995, "architecture_tenure": "Developing", "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": 3.46, "rotation_up": 77.93, "upward_expansion": 90.1, "deceleration": 47.35, "rotation_down": 11.4, "downward_expansion": 12.1 }, "activity_lines": [ 2.661333, 2.434, 2.070338, 1.826024 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 2.7, "trend_reference": 1.553533, "distance_from_trend": 0.737974, "trend_direction": "Improving", "fair_value": 2.887122, "distance_from_fair_value": -0.064813, "fair_value_direction": "Improving", "relative_strength": 36.09991, "relative_strength_direction": "Improving", "price_momentum": 1.410714, "excess_performance": 1.34922, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.737974, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.220819, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.064813, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.482848, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.360999, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.724612, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 1.410714, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 4.700999, "read": "Demand-led" } ], "volume": { "latest": 173501, "relative_activity": 0.627634, "balance": 4.700999, "dry_up": 0.680501, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.173789, "annualized_volatility": 0.655699, "from_high_reference": -0.129032, "from_low_reference": 2.552632 }, "levels": { "trend_reference": 1.553533, "fair_value_reference": 2.887122, "structural_low": 0.76, "invalidation": "A sustained 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1195457, "typical_volume": 277078.4, "trend": 1.361033, "fair_value": 2.918596, "relative_strength": 23.671922, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.005984, "energy": 69.690729, "activity_lines": [ 2.087667, 1.921455, 1.657524, 1.511419 ] }, { "date": "2026-07-17", "close": 2.5, "volume": 239075, "typical_volume": 286883.2, "trend": 1.405867, "fair_value": 2.913532, "relative_strength": 30.285419, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.590634, "energy": 68.349933, "activity_lines": [ 2.252667, 2.054818, 1.756948, 1.584901 ] }, { "date": "2026-07-24", "close": 2.6, "volume": 144169, "typical_volume": 285825.85, "trend": 1.452033, "fair_value": 2.904301, "relative_strength": 34.047975, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.747404, "energy": 65.592446, "activity_lines": [ 2.408333, 2.185909, 1.859467, 1.661942 ] }, { "date": "2026-07-31", "close": 2.8, "volume": 195717, "typical_volume": 284263.5, "trend": 1.5047, "fair_value": 2.895583, "relative_strength": 42.999716, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.519388, "energy": 70.640665, "activity_lines": [ 2.585333, 2.331727, 1.973795, 1.748908 ] }, { "date": "2026-08-07", "close": 2.7, "volume": 173501, "typical_volume": 276436.7, "trend": 1.553533, "fair_value": 2.887122, "relative_strength": 36.09991, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.191029, "energy": 66.090044, "activity_lines": [ 2.661333, 2.434, 2.070338, 1.826024 ] } ], "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." } } }