{ "ticker": { "uuid": "af0de8ba-e7ba-4804-9351-83f0d6ec5f42", "symbol": "TOBII", "name": "Tobii 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": 69.57, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -25.908, "architecture_energy": 50.531, "architecture_maturity": 18.963, "architecture_confidence": 75.129, "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": 30.03, "rotation_up": 15.95, "upward_expansion": 25.02, "deceleration": 51.66, "rotation_down": 64.96, "downward_expansion": 52.36 }, "activity_lines": [ 1.670267, 1.764382, 2.0247, 2.018037 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 1.71, "trend_reference": 1.981533, "distance_from_trend": -0.137032, "trend_direction": "Improving", "fair_value": 3.77256, "distance_from_fair_value": -0.546727, "fair_value_direction": "Weakening", "relative_strength": -31.40108, "relative_strength_direction": "Weakening", "price_momentum": 0.163265, "excess_performance": 0.101771, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.137032, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.021549, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.546727, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.048117, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.314011, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.128145, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.163265, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.267435, "read": "Demand-led" } ], "volume": { "latest": 3901891, "relative_activity": 0.61785, "balance": 1.267435, "dry_up": 0.839889, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.178543, "annualized_volatility": 0.747124, "from_high_reference": -0.559278, "from_low_reference": 0.315385 }, "levels": { "trend_reference": 1.981533, "fair_value_reference": 3.77256, "structural_low": 1.452, "invalidation": "Reclaiming 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"Supply rotation", "gate": "mixed", "direction": -34.644596, "energy": 52.880969, "activity_lines": [ 1.742267, 2.022836, 2.146219, 2.082191 ] }, { "date": "2026-07-24", "close": 1.65, "volume": 5584468, "typical_volume": 6755184.55, "trend": 2.010433, "fair_value": 3.9809, "relative_strength": -33.996285, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.06443, "energy": 55.556046, "activity_lines": [ 1.689733, 1.915091, 2.102581, 2.05754 ] }, { "date": "2026-07-31", "close": 1.679, "volume": 5050521, "typical_volume": 6670660.7, "trend": 1.990867, "fair_value": 3.872112, "relative_strength": -32.394751, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.215446, "energy": 50.776923, "activity_lines": [ 1.668133, 1.827273, 2.06179, 2.036157 ] }, { "date": "2026-08-07", "close": 1.71, "volume": 3901891, "typical_volume": 6315274.35, "trend": 1.981533, "fair_value": 3.77256, "relative_strength": -31.40108, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.907842, "energy": 50.531012, "activity_lines": [ 1.670267, 1.764382, 2.0247, 2.018037 ] } ], "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." } } }