{ "ticker": { "uuid": "a7b60c83-867d-428b-a190-f58b93a219a4", "symbol": "NIBE-B", "name": "NIBE Industrier 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": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 58.315, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "mixed", "architecture_direction": 32.541, "architecture_energy": 26.563, "architecture_maturity": 21.879, "architecture_confidence": 49.032, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 46.22, "rotation_up": 55.14, "upward_expansion": 42.94, "deceleration": 49.6, "rotation_down": 22.45, "downward_expansion": 12.94 }, "activity_lines": [ 38.241333, 37.301454, 37.789944, 37.774726 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.0 }, "latest_close": 40.139999, "trend_reference": 37.554309, "distance_from_trend": 0.068852, "trend_direction": "Improving", "fair_value": 46.422701, "distance_from_fair_value": -0.135337, "fair_value_direction": "Improving", "relative_strength": -4.001097, "relative_strength_direction": "Weakening", "price_momentum": 0.100693, "excess_performance": 0.039199, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.068852, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.018653, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.135337, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.041731, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.040011, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.038952, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.100693, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.540561, "read": "Supply-led" } ], "volume": { "latest": 29999834, "relative_activity": 0.965907, "balance": 0.540561, "dry_up": 0.872468, "accumulation_observations": 0, "distribution_observations": 4 }, "risk": { "range_context": 0.056156, "annualized_volatility": 0.307821, "from_high_reference": -0.138232, "from_low_reference": 0.297485 }, "levels": { "trend_reference": 37.554309, "fair_value_reference": 46.422701, "structural_low": 31.650472, 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"volume": 23846958, "typical_volume": 33829972.65, "trend": 37.373527, "fair_value": 47.049553, "relative_strength": -9.414334, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -13.922947, "energy": 14.141581, "activity_lines": [ 36.477333, 36.360545, 37.551743, 37.551776 ] }, { "date": "2026-07-31", "close": 38.139999, "volume": 25161666, "typical_volume": 32890168.15, "trend": 37.45074, "fair_value": 46.716479, "relative_strength": -7.648183, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -0.858499, "energy": 4.638826, "activity_lines": [ 37.086666, 36.62909, 37.586384, 37.601226 ] }, { "date": "2026-08-07", "close": 40.139999, "volume": 29999834, "typical_volume": 31058705.8, "trend": 37.554309, "fair_value": 46.422701, "relative_strength": -4.001097, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 32.540933, "energy": 26.563001, "activity_lines": [ 38.241333, 37.301454, 37.789944, 37.774726 ] } ], "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." } } }