{ "ticker": { "uuid": "d514adff-bd2b-4fe9-939c-d2f2e0bf4d40", "symbol": "TEQ", "name": "Teqnion 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": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 59.995, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Structural repair", "architecture_gate": "mixed", "architecture_direction": 55.46, "architecture_energy": 68.883, "architecture_maturity": 11.115, "architecture_confidence": 59.889, "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": 17.24, "rotation_up": 74.8, "upward_expansion": 64.04, "deceleration": 20.92, "rotation_down": 16.99, "downward_expansion": 22.37 }, "activity_lines": [ 170.373333, 165.603636, 161.913333, 159.901936 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 178.399994, "trend_reference": 160.153334, "distance_from_trend": 0.113932, "trend_direction": "Weakening", "fair_value": 183.025, "distance_from_fair_value": -0.02527, "fair_value_direction": "Improving", "relative_strength": -1.679994, "relative_strength_direction": "Improving", "price_momentum": 0.058126, "excess_performance": -0.003369, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.113932, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.021347, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.02527, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.14967, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.0168, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.100436, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.058126, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.674992, "read": "Supply-led" } ], "volume": { "latest": 70690, "relative_activity": 1.246294, "balance": 0.674992, "dry_up": 1.422744, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.048293, "annualized_volatility": 0.314515, "from_high_reference": -0.056085, "from_low_reference": 0.306003 }, "levels": { "trend_reference": 160.153334, "fair_value_reference": 183.025, "structural_low": 136.600006, "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": 3, "median_return": 0.031519, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.002085, "regime_survival": 0.0, "best_return": 0.145244, "worst_return": -0.099671, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 3, "median_return": -0.052574, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.133933, "regime_survival": 0.0, "best_return": 0.147815, "worst_return": -0.179083, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.032951, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.077025, "regime_survival": 0.0, "best_return": 0.580977, "worst_return": -0.142388, "sufficient": 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"relative_strength": -4.974233, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 4.655768, "energy": 7.269465, "activity_lines": [ 160.253333, 159.6, 157.460952, 157.865377 ] }, { "date": "2026-07-24", "close": 163.0, "volume": 128847, "typical_volume": 64339.1, "trend": 160.353334, "fair_value": 183.797436, "relative_strength": -7.334285, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.23613, "energy": 25.859024, "activity_lines": [ 161.506666, 160.290909, 158.241905, 158.00043 ] }, { "date": "2026-07-31", "close": 171.600006, "volume": 61991, "typical_volume": 60977.5, "trend": 160.173334, "fair_value": 183.339744, "relative_strength": -3.652146, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 43.808186, "energy": 50.824952, "activity_lines": [ 165.346668, 162.454546, 159.814286, 158.726022 ] }, { "date": "2026-08-07", "close": 178.399994, "volume": 70690, "typical_volume": 56720.15, "trend": 160.153334, "fair_value": 183.025, "relative_strength": -1.679994, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 55.459557, "energy": 68.883296, "activity_lines": [ 170.373333, 165.603636, 161.913333, 159.901936 ] } ], "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." } } }