{
  "ticker": {
    "uuid": "bc9b8cff-00d5-4973-b922-13a5e5633fdc",
    "symbol": "MOBA",
    "name": "M.O.B.A. Network AB",
    "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": 96.0,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Upper balance after advance",
    "architecture_gate": "up",
    "architecture_direction": 0.333,
    "architecture_energy": 9.41,
    "architecture_maturity": 18.065,
    "architecture_confidence": 56.641,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "Directional pressure has compressed into balance.",
        "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base."
      },
      "scores": {
        "balance": 70.66,
        "rotation_up": 16.21,
        "upward_expansion": 40.3,
        "deceleration": 85.55,
        "rotation_down": 34.24,
        "downward_expansion": 31.96
      },
      "activity_lines": [
        1.131,
        1.209582,
        1.210986,
        1.16943
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.333333
    },
    "latest_close": 1.025,
    "trend_reference": 1.015667,
    "distance_from_trend": 0.009189,
    "trend_direction": "Improving",
    "fair_value": 7.446904,
    "distance_from_fair_value": -0.862359,
    "fair_value_direction": "Improving",
    "relative_strength": -55.217439,
    "relative_strength_direction": "Improving",
    "price_momentum": 4.203046,
    "excess_performance": 4.141551,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.009189,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.157455,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.862359,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.019125,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.552174,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.171337,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 4.203046,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.320917,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 104049,
      "relative_activity": 0.28199,
      "balance": 0.320917,
      "dry_up": 0.420277,
      "accumulation_observations": 1,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.236998,
      "annualized_volatility": 2.294841,
      "from_high_reference": -0.834677,
      "from_low_reference": 5.833333
    },
    "levels": {
      "trend_reference": 1.015667,
      "fair_value_reference": 7.446904,
      "structural_low": 0.194,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 15,
        "median_return": 0.0,
        "positive_rate": 0.466667,
        "directional_follow_through": 0.466667,
        "median_excess_return": -0.010434,
        "regime_survival": 0.533333,
        "best_return": 0.237537,
        "worst_return": -0.201219,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
        "median_return": -0.153172,
        "positive_rate": 0.25,
        "directional_follow_through": 0.25,
        "median_excess_return": -0.130954,
        "regime_survival": 0.25,
        "best_return": 0.531496,
        "worst_return": -0.255981,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
        "median_return": -0.242099,
        "positive_rate": 0.166667,
        "directional_follow_through": 0.166667,
        "median_excess_return": -0.211097,
        "regime_survival": 0.333333,
        "best_return": 0.314961,
        "worst_return": -0.391176,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": -0.42562,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.367072,
        "regime_survival": 0.0,
        "best_return": -0.222441,
        "worst_return": -0.504785,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2023-08-25",
        "end": "2023-09-15",
        "tenure": "New",
        "return": -0.222749,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2023-09-22",
        "end": "2023-10-13",
        "tenure": "New",
        "return": -0.048193,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2023-10-20",
        "end": "2023-11-10",
        "tenure": "New",
        "return": -0.006494,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2023-11-17",
        "end": "2024-04-12",
        "tenure": "Established",
        "return": -0.171429,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-04-19",
        "end": "2024-04-26",
        "tenure": "New",
        "return": 0.07438,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-05-03",
        "end": "2024-05-31",
        "tenure": "Developing",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-06-07",
        "end": "2024-10-18",
        "tenure": "Established",
        "return": -0.172727,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-10-25",
        "end": "2025-02-21",
        "tenure": "Established",
        "return": -0.096257,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-02-28",
        "end": "2025-04-04",
        "tenure": "Developing",
        "return": -0.121019,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-11",
        "end": "2026-03-27",
        "tenure": "Extended",
        "return": -0.84058,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-04-03",
        "end": "2026-05-08",
        "tenure": "Developing",
        "return": -0.437838,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2026-06-26",
        "tenure": "Developing",
        "return": 0.502217,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "end": "2026-07-24",
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        "return": -0.076923,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "tenure": "New",
        "return": -0.080717,
        "active": true
      }
    ],
    "chart_path": [
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      {
        "date": "2026-05-01",
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      },
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        "date": "2026-05-08",
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      },
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        "date": "2026-05-15",
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      },
      {
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      },
      {
        "date": "2026-05-29",
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      },
      {
        "date": "2026-06-05",
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        "stage": 4,
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      },
      {
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      },
      {
        "date": "2026-06-26",
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        "stage": 1,
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      },
      {
        "date": "2026-07-03",
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        "typical_volume": 933596.35,
        "trend": 0.875233,
        "fair_value": 7.993955,
        "relative_strength": -54.555121,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
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        "direction": 43.067176,
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        "activity_lines": [
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      },
      {
        "date": "2026-07-10",
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        "volume": 105063,
        "typical_volume": 519789.85,
        "trend": 0.892733,
        "fair_value": 7.895622,
        "relative_strength": -53.001916,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 41.387891,
        "energy": 45.91123,
        "activity_lines": [
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      },
      {
        "date": "2026-07-17",
        "close": 1.26,
        "volume": 56369,
        "typical_volume": 459362.4,
        "trend": 0.926267,
        "fair_value": 7.794724,
        "relative_strength": -50.210456,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 48.009674,
        "energy": 29.404557,
        "activity_lines": [
          1.290667,
          1.249127,
          1.2482,
          1.139518
        ]
      },
      {
        "date": "2026-07-24",
        "close": 1.2,
        "volume": 62994,
        "typical_volume": 425443.15,
        "trend": 0.9598,
        "fair_value": 7.693122,
        "relative_strength": -50.872772,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 34.660441,
        "energy": 18.629013,
        "activity_lines": [
          1.251667,
          1.257309,
          1.245557,
          1.157178
        ]
      },
      {
        "date": "2026-07-31",
        "close": 1.115,
        "volume": 396886,
        "typical_volume": 406625.55,
        "trend": 0.9903,
        "fair_value": 7.581359,
        "relative_strength": -52.846956,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 23.215715,
        "energy": 11.811394,
        "activity_lines": [
          1.198333,
          1.244618,
          1.23339,
          1.167191
        ]
      },
      {
        "date": "2026-08-07",
        "close": 1.025,
        "volume": 104049,
        "typical_volume": 368981.3,
        "trend": 1.015667,
        "fair_value": 7.446904,
        "relative_strength": -55.217439,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 0.332806,
        "energy": 9.409783,
        "activity_lines": [
          1.131,
          1.209582,
          1.210986,
          1.16943
        ]
      }
    ],
    "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."
    }
  }
}