{
  "ticker": {
    "uuid": "d2bc3b8d-a5a8-4931-a924-151c637d8332",
    "symbol": "UNIBAP",
    "name": "Unibap Space Solutions 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": 96.0,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 4.358,
    "architecture_energy": 17.988,
    "architecture_maturity": 52.96,
    "architecture_confidence": 88.088,
    "architecture_tenure": "Developing",
    "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": 54.05,
        "rotation_up": 15.61,
        "upward_expansion": 41.92,
        "deceleration": 84.72,
        "rotation_down": 42.04,
        "downward_expansion": 35.92
      },
      "activity_lines": [
        8.356667,
        8.753636,
        9.182619,
        8.582151
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.5
    },
    "latest_close": 8.5,
    "trend_reference": 7.805667,
    "distance_from_trend": 0.088952,
    "trend_direction": "Improving",
    "fair_value": 4.95506,
    "distance_from_fair_value": 0.715418,
    "fair_value_direction": "Weakening",
    "relative_strength": 2.00219,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.574074,
    "excess_performance": 0.51258,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.088952,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.115945,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.715418,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.170992,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.020022,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.2593,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.574074,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.473307,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 280383,
      "relative_activity": 0.420321,
      "balance": 1.473307,
      "dry_up": 0.384987,
      "accumulation_observations": 2,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.154842,
      "annualized_volatility": 0.74292,
      "from_high_reference": -0.375,
      "from_low_reference": 0.927438
    },
    "levels": {
      "trend_reference": 7.805667,
      "fair_value_reference": 4.95506,
      "structural_low": 4.41,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 5,
        "median_return": 0.190476,
        "positive_rate": 0.6,
        "directional_follow_through": 0.6,
        "median_excess_return": 0.169461,
        "regime_survival": 0.4,
        "best_return": 0.249467,
        "worst_return": -0.240876,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 3,
        "median_return": 0.240602,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.316602,
        "regime_survival": 0.333333,
        "best_return": 0.345455,
        "worst_return": -0.222628,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 2,
        "median_return": 0.352835,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.319147,
        "regime_survival": 0.0,
        "best_return": 0.669173,
        "worst_return": 0.036496,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.458985,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.322819,
        "regime_survival": 0.0,
        "best_return": 0.52381,
        "worst_return": 0.394161,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-05-24",
        "end": "2024-05-31",
        "tenure": "New",
        "return": -0.043956,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-06-07",
        "end": "2024-07-19",
        "tenure": "Developing",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
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        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "end": "2025-01-24",
        "tenure": "Developing",
        "return": 0.134897,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-01-31",
        "end": "2025-02-07",
        "tenure": "New",
        "return": 0.042607,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "end": "2025-04-11",
        "tenure": "Developing",
        "return": 0.039443,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-04-18",
        "end": "2025-05-16",
        "tenure": "Developing",
        "return": 0.249467,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-05-23",
        "end": "2025-10-10",
        "tenure": "Established",
        "return": 0.173469,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2026-02-06",
        "tenure": "Established",
        "return": -0.171779,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
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        "end": "2026-04-17",
        "tenure": "Developing",
        "return": 0.444444,
        "active": false
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      {
        "regime": "rotation_up",
        "label": "Rotation Up",
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        "return": 0.067416,
        "active": false
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      {
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      {
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        "return": -0.026346,
        "active": true
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    ],
    "chart_path": [
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      },
      {
        "date": "2026-05-01",
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      },
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      },
      {
        "date": "2026-07-03",
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      },
      {
        "date": "2026-07-10",
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        "typical_volume": 779018.8,
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        "relative_strength": 9.116616,
        "stage": 2,
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        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.290896,
        "energy": 27.855918,
        "activity_lines": [
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      },
      {
        "date": "2026-07-17",
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        "volume": 221275,
        "typical_volume": 739488.95,
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        "fair_value": 4.937007,
        "relative_strength": 3.615903,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 19.847385,
        "energy": 25.35338,
        "activity_lines": [
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          9.236524,
          8.459118
        ]
      },
      {
        "date": "2026-07-24",
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        "volume": 279209,
        "typical_volume": 728729.9,
        "trend": 7.71,
        "fair_value": 4.944483,
        "relative_strength": 4.468353,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 17.422459,
        "energy": 23.375604,
        "activity_lines": [
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          8.507376
        ]
      },
      {
        "date": "2026-07-31",
        "close": 8.13,
        "volume": 246384,
        "typical_volume": 686396.45,
        "trend": 7.761,
        "fair_value": 4.946185,
        "relative_strength": -0.26727,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 1.179318,
        "energy": 18.403917,
        "activity_lines": [
          8.359333,
          8.973818,
          9.199381,
          8.534473
        ]
      },
      {
        "date": "2026-08-07",
        "close": 8.5,
        "volume": 280383,
        "typical_volume": 667068.85,
        "trend": 7.805667,
        "fair_value": 4.95506,
        "relative_strength": 2.00219,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 4.357876,
        "energy": 17.988414,
        "activity_lines": [
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          8.753636,
          9.182619,
          8.582151
        ]
      }
    ],
    "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."
    }
  }
}