{
  "ticker": {
    "uuid": "ccdf6548-2eeb-48d2-a37a-8b3a542c0ba5",
    "symbol": "EGTX",
    "name": "Egetis Therapeutics 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": "2c",
    "phase_label": "Stage 2C \u00b7 Late advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 77.011,
    "architecture_energy": 71.415,
    "architecture_maturity": 24.0,
    "architecture_confidence": 79.503,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 27.12,
        "rotation_up": 73.09,
        "upward_expansion": 87.83,
        "deceleration": 45.06,
        "rotation_down": 9.85,
        "downward_expansion": 14.5
      },
      "activity_lines": [
        6.536,
        6.214909,
        6.084476,
        5.914366
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.666667
    },
    "latest_close": 7.08,
    "trend_reference": 5.637833,
    "distance_from_trend": 0.255802,
    "trend_direction": "Improving",
    "fair_value": 5.414968,
    "distance_from_fair_value": 0.307487,
    "fair_value_direction": "Improving",
    "relative_strength": 13.602721,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.423116,
    "excess_performance": 0.361621,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.255802,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.041311,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.307487,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.088965,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.136027,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.003766,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.423116,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.095465,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 5463722,
      "relative_activity": 1.70062,
      "balance": 1.095465,
      "dry_up": 0.99112,
      "accumulation_observations": 1,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.090613,
      "annualized_volatility": 0.553513,
      "from_high_reference": -0.018031,
      "from_low_reference": 0.953103
    },
    "levels": {
      "trend_reference": 5.637833,
      "fair_value_reference": 5.414968,
      "structural_low": 4.23,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 19,
        "median_return": -0.034921,
        "positive_rate": 0.421053,
        "directional_follow_through": 0.421053,
        "median_excess_return": -0.069021,
        "regime_survival": 0.631579,
        "best_return": 0.444976,
        "worst_return": -0.504415,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
        "median_return": -0.250469,
        "positive_rate": 0.125,
        "directional_follow_through": 0.125,
        "median_excess_return": -0.287047,
        "regime_survival": 0.25,
        "best_return": 0.197509,
        "worst_return": -0.490933,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
        "median_return": -0.172469,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.26567,
        "regime_survival": 0.166667,
        "best_return": 0.115658,
        "worst_return": -0.504739,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": -0.265309,
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        "regime_survival": 0.25,
        "best_return": 0.172598,
        "worst_return": -0.326509,
        "sufficient": false
      }
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        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2025-03-07",
        "tenure": "Developing",
        "return": -0.316558,
        "active": false
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      {
        "regime": "rotation_down",
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      },
      {
        "regime": "downward_expansion",
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        "regime": "balance",
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        "regime": "deceleration",
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      },
      {
        "date": "2026-07-17",
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        "volume": 1185901,
        "typical_volume": 3319337.05,
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        "fair_value": 5.373141,
        "relative_strength": 4.082536,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 43.909833,
        "energy": 26.528421,
        "activity_lines": [
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      },
      {
        "date": "2026-07-24",
        "close": 6.72,
        "volume": 2984499,
        "typical_volume": 3108245.0,
        "trend": 5.525167,
        "fair_value": 5.387885,
        "relative_strength": 11.221741,
        "stage": 2,
        "regime": "balance",
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        "gate": "up",
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        "energy": 59.434473,
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          6.251333,
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          5.957,
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      },
      {
        "date": "2026-07-31",
        "close": 6.0,
        "volume": 3102887,
        "typical_volume": 3090961.55,
        "trend": 5.552833,
        "fair_value": 5.397885,
        "relative_strength": -1.87007,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 52.966606,
        "energy": 51.071446,
        "activity_lines": [
          6.226,
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          5.971143,
          5.815839
        ]
      },
      {
        "date": "2026-08-07",
        "close": 7.08,
        "volume": 5463722,
        "typical_volume": 3212781.55,
        "trend": 5.637833,
        "fair_value": 5.414968,
        "relative_strength": 13.602721,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.01116,
        "energy": 71.415201,
        "activity_lines": [
          6.536,
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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."
    }
  }
}