{
  "ticker": {
    "uuid": "c4a8a3ce-fa4c-438d-842d-321a49393a17",
    "symbol": "INISS-B",
    "name": "Inission 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": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 95.289,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 7.875,
    "architecture_energy": 24.177,
    "architecture_maturity": 69.01,
    "architecture_confidence": 77.012,
    "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": 55.06,
        "rotation_up": 18.6,
        "upward_expansion": 45.08,
        "deceleration": 85.07,
        "rotation_down": 40.1,
        "downward_expansion": 32.08
      },
      "activity_lines": [
        67.333332,
        69.33818,
        70.280312,
        67.729626
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.0
    },
    "latest_close": 68.0,
    "trend_reference": 63.24828,
    "distance_from_trend": 0.075128,
    "trend_direction": "Improving",
    "fair_value": 46.341722,
    "distance_from_fair_value": 0.46736,
    "fair_value_direction": "Weakening",
    "relative_strength": 12.179993,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.44103,
    "excess_performance": 0.379536,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.075128,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.152656,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.46736,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.121255,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.1218,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.32303,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.44103,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.216154,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 74751,
      "relative_activity": 0.614371,
      "balance": 1.216154,
      "dry_up": 0.816578,
      "accumulation_observations": 2,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.055656,
      "annualized_volatility": 0.350768,
      "from_high_reference": -0.121447,
      "from_low_reference": 0.905362
    },
    "levels": {
      "trend_reference": 63.24828,
      "fair_value_reference": 46.341722,
      "structural_low": 43.718731,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 6,
        "median_return": 0.083137,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.148485,
        "regime_survival": 0.166667,
        "best_return": 0.40625,
        "worst_return": -0.153846,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 5,
        "median_return": 0.33547,
        "positive_rate": 0.8,
        "directional_follow_through": 0.8,
        "median_excess_return": 0.307338,
        "regime_survival": 0.2,
        "best_return": 0.487369,
        "worst_return": -0.266129,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": 0.510588,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.39785,
        "regime_survival": 0.0,
        "best_return": 0.953125,
        "worst_return": -0.292339,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.135887,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.097609,
        "regime_survival": 0.0,
        "best_return": 0.4875,
        "worst_return": -0.215726,
        "sufficient": false
      }
    ],
    "ledger": [
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        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
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        "end": "2024-10-04",
        "tenure": "Developing",
        "return": -0.064267,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-10-11",
        "end": "2025-01-17",
        "tenure": "Established",
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        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2025-02-14",
        "tenure": "New",
        "return": 0.023018,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
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        "end": "2025-02-28",
        "tenure": "New",
        "return": -0.04557,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-03-07",
        "end": "2025-04-11",
        "tenure": "Developing",
        "return": -0.135204,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
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        "end": "2025-05-09",
        "tenure": "New",
        "return": -0.095101,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
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        "end": "2025-06-13",
        "tenure": "Developing",
        "return": 0.101796,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2025-09-05",
        "tenure": "Developing",
        "return": 0.098667,
        "active": false
      },
      {
        "regime": "upward_expansion",
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        "color": "green",
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        "end": "2025-10-17",
        "tenure": "Developing",
        "return": -0.082742,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2025-10-31",
        "tenure": "New",
        "return": -0.025882,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "active": false
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        "active": false
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      {
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      },
      {
        "date": "2026-04-24",
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        "date": "2026-05-08",
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        "date": "2026-06-05",
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      },
      {
        "date": "2026-07-03",
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      },
      {
        "date": "2026-07-10",
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        "fair_value": 46.182285,
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      },
      {
        "date": "2026-07-17",
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        "volume": 77356,
        "typical_volume": 131336.7,
        "trend": 61.501921,
        "fair_value": 46.223316,
        "relative_strength": 22.26993,
        "stage": 2,
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        "modifier": "Recompressing",
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        "direction": 40.192919,
        "energy": 29.133612,
        "activity_lines": [
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      },
      {
        "date": "2026-07-24",
        "close": 67.199997,
        "volume": 134207,
        "typical_volume": 127930.65,
        "trend": 62.106186,
        "fair_value": 46.259079,
        "relative_strength": 16.246412,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
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        "direction": 32.258033,
        "energy": 25.710028,
        "activity_lines": [
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      },
      {
        "date": "2026-07-31",
        "close": 65.199997,
        "volume": 111101,
        "typical_volume": 123096.45,
        "trend": 62.630566,
        "fair_value": 46.291426,
        "relative_strength": 10.466454,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 0.197968,
        "energy": 19.150267,
        "activity_lines": [
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        ]
      },
      {
        "date": "2026-08-07",
        "close": 68.0,
        "volume": 74751,
        "typical_volume": 121670.8,
        "trend": 63.24828,
        "fair_value": 46.341722,
        "relative_strength": 12.179993,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 7.874871,
        "energy": 24.177206,
        "activity_lines": [
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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."
    }
  }
}