{
  "ticker": {
    "uuid": "ab3c9817-373a-46c8-80c1-227f005653b7",
    "symbol": "SVED-B",
    "name": "Svedbergs 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": "4a",
    "phase_label": "Stage 4A \u00b7 Breakdown",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 90.338,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -57.171,
    "architecture_energy": 66.047,
    "architecture_maturity": 9.574,
    "architecture_confidence": 77.857,
    "architecture_tenure": "New",
    "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": 27.81,
        "rotation_up": 11.3,
        "upward_expansion": 16.44,
        "deceleration": 34.75,
        "rotation_down": 68.74,
        "downward_expansion": 85.1
      },
      "activity_lines": [
        58.44,
        60.48,
        61.359414,
        62.270592
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.333333
    },
    "latest_close": 59.5,
    "trend_reference": 63.955953,
    "distance_from_trend": -0.069672,
    "trend_direction": "Weakening",
    "fair_value": 47.092566,
    "distance_from_fair_value": 0.263469,
    "fair_value_direction": "Weakening",
    "relative_strength": -13.900081,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.170112,
    "excess_performance": -0.231606,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.069672,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.006875,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.263469,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.03121,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.139001,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.016951,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.170112,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.290799,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 162359,
      "relative_activity": 0.503261,
      "balance": 2.290799,
      "dry_up": 0.807436,
      "accumulation_observations": 3,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.067873,
      "annualized_volatility": 0.315144,
      "from_high_reference": -0.217289,
      "from_low_reference": 0.17554
    },
    "levels": {
      "trend_reference": 63.955953,
      "fair_value_reference": 47.092566,
      "structural_low": 53.599998,
      "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": 18,
        "median_return": -0.034413,
        "positive_rate": 0.444444,
        "directional_follow_through": 0.555556,
        "median_excess_return": -0.026002,
        "regime_survival": 0.722222,
        "best_return": 0.221053,
        "worst_return": -0.299566,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 6,
        "median_return": 0.02319,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.035305,
        "regime_survival": 0.5,
        "best_return": 0.214286,
        "worst_return": -0.312299,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": 0.153176,
        "positive_rate": 0.75,
        "directional_follow_through": 0.25,
        "median_excess_return": 0.138587,
        "regime_survival": 0.25,
        "best_return": 0.321654,
        "worst_return": -0.371123,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.282895,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.333333,
        "median_excess_return": 0.207822,
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        "worst_return": -0.253999,
        "sufficient": false
      }
    ],
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        "start": "2024-12-13",
        "end": "2025-02-07",
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      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
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      {
        "regime": "upward_expansion",
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      },
      {
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        "active": false
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        "regime": "upward_expansion",
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        "regime": "deceleration",
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      {
        "regime": "balance",
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      },
      {
        "date": "2026-04-24",
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        "typical_volume": 327893.05,
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        "fair_value": 43.842024,
        "relative_strength": -15.015848,
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      {
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      },
      {
        "date": "2026-05-08",
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        "typical_volume": 344255.65,
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        "date": "2026-05-15",
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      },
      {
        "date": "2026-05-22",
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        "modifier": "Structural failure",
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      },
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        "date": "2026-05-29",
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      },
      {
        "date": "2026-06-05",
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      },
      {
        "date": "2026-06-12",
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      },
      {
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      },
      {
        "date": "2026-07-03",
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      },
      {
        "date": "2026-07-10",
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        "typical_volume": 319714.25,
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        "stage": 3,
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        "modifier": "Balance after decline",
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      },
      {
        "date": "2026-07-17",
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        "volume": 560563,
        "typical_volume": 337086.45,
        "trend": 64.949346,
        "fair_value": 46.514359,
        "relative_strength": -12.473574,
        "stage": 3,
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        "direction": -50.611275,
        "energy": 25.611976,
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          62.300001,
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      },
      {
        "date": "2026-07-24",
        "close": 56.5,
        "volume": 167713,
        "typical_volume": 329990.75,
        "trend": 64.619584,
        "fair_value": 46.69628,
        "relative_strength": -15.854085,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -59.310031,
        "energy": 53.199034,
        "activity_lines": [
          60.093334,
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        ]
      },
      {
        "date": "2026-07-31",
        "close": 57.599998,
        "volume": 151325,
        "typical_volume": 325507.45,
        "trend": 64.274108,
        "fair_value": 46.883711,
        "relative_strength": -15.202412,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.736976,
        "energy": 65.770641,
        "activity_lines": [
          58.713333,
          61.110909,
          61.589261,
          62.578599
        ]
      },
      {
        "date": "2026-08-07",
        "close": 59.5,
        "volume": 162359,
        "typical_volume": 322613.65,
        "trend": 63.955953,
        "fair_value": 47.092566,
        "relative_strength": -13.900081,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.171476,
        "energy": 66.046689,
        "activity_lines": [
          58.44,
          60.48,
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          62.270592
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      }
    ],
    "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."
    }
  }
}