{ "ticker": { "uuid": "cb6c140e-14be-48b3-8e0c-d07800cb3607", "symbol": "NNH", "name": "New Nordic Healthbrands 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": 74.257, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Value reclamation", "architecture_gate": "mixed", "architecture_direction": 38.87, "architecture_energy": 43.435, "architecture_maturity": 47.991, "architecture_confidence": 65.715, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 24.52, "rotation_up": 66.72, "upward_expansion": 36.01, "deceleration": 47.3, "rotation_down": 22.01, "downward_expansion": 29.34 }, "activity_lines": [ 16.736667, 14.954545, 14.853482, 15.42899 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 19.0, "trend_reference": 16.171768, "distance_from_trend": 0.174887, "trend_direction": "Weakening", "fair_value": 18.182424, "distance_from_fair_value": 0.044965, "fair_value_direction": "Improving", "relative_strength": -11.378856, "relative_strength_direction": "Improving", "price_momentum": 0.16322, "excess_performance": 0.101725, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.174887, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.133103, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.044965, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.16735, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.113789, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.163894, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.16322, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.681828, "read": "Supply-led" } ], "volume": { "latest": 81559, "relative_activity": 2.562182, "balance": 0.681828, "dry_up": 1.72457, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.09251, "annualized_volatility": 0.871756, "from_high_reference": -0.302908, "from_low_reference": 0.603376 }, "levels": { "trend_reference": 16.171768, "fair_value_reference": 18.182424, "structural_low": 11.85, "invalidation": "A 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"energy": 80.77529, "activity_lines": [ 12.443333, 13.095455, 14.645964, 15.552738 ] }, { "date": "2026-07-17", "close": 12.1, "volume": 14653, "typical_volume": 28454.45, "trend": 16.565486, "fair_value": 18.34266, "relative_strength": -42.870019, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.520926, "energy": 73.773299, "activity_lines": [ 12.286667, 12.784545, 14.285079, 15.244321 ] }, { "date": "2026-07-24", "close": 12.35, "volume": 14481, "typical_volume": 26438.05, "trend": 16.285091, "fair_value": 18.262877, "relative_strength": -41.790931, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.476945, "energy": 60.307532, "activity_lines": [ 12.276667, 12.600909, 13.982926, 14.972355 ] }, { "date": "2026-07-31", "close": 20.6, "volume": 108892, "typical_volume": 30313.7, "trend": 16.237057, "fair_value": 18.224625, "relative_strength": -3.157568, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": -1.045922, "energy": 15.599344, "activity_lines": [ 15.06, 13.985455, 14.499046, 15.250736 ] }, { "date": "2026-08-07", "close": 19.0, "volume": 81559, "typical_volume": 31831.85, "trend": 16.171768, "fair_value": 18.182424, "relative_strength": -11.378856, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.869792, "energy": 43.43474, "activity_lines": [ 16.736667, 14.954545, 14.853482, 15.42899 ] } ], "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." } } }