{ "ticker": { "uuid": "daf60c3f-6ddb-45d2-b489-5b53c4105845", "symbol": "SALT-B", "name": "SaltX Technology Holding 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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 62.499, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 17.077, "architecture_energy": 16.031, "architecture_maturity": 62.546, "architecture_confidence": 76.076, "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": 64.11, "rotation_up": 18.73, "upward_expansion": 45.66, "deceleration": 87.09, "rotation_down": 29.86, "downward_expansion": 23.66 }, "activity_lines": [ 5.870667, 6.106, 6.118976, 5.688699 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.0 }, "latest_close": 5.86, "trend_reference": 5.1515, "distance_from_trend": 0.137533, "trend_direction": "Improving", "fair_value": 4.470332, "distance_from_fair_value": 0.310865, "fair_value_direction": "Improving", "relative_strength": -9.036327, "relative_strength_direction": "Improving", "price_momentum": 0.479798, "excess_performance": 0.418304, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.137533, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.137504, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.310865, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.045625, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.090363, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.01992, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.479798, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.560918, "read": "Demand-led" } ], "volume": { "latest": 1125637, "relative_activity": 0.412135, "balance": 1.560918, "dry_up": 0.41493, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.150696, "annualized_volatility": 0.721424, "from_high_reference": -0.43762, "from_low_reference": 0.751868 }, "levels": { "trend_reference": 5.1515, "fair_value_reference": 4.470332, "structural_low": 3.345, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 7, "median_return": -0.172956, "positive_rate": 0.285714, "directional_follow_through": 0.285714, "median_excess_return": -0.137936, "regime_survival": 0.428571, "best_return": 0.587131, "worst_return": -0.277545, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": -0.071056, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.130384, "regime_survival": 0.25, "best_return": 0.057641, "worst_return": -0.428173, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.120643, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.154389, "regime_survival": 0.0, "best_return": -0.026455, "worst_return": -0.451185, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, 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6.438727, 6.0045, 5.516366 ] }, { "date": "2026-07-24", "close": 5.96, "volume": 1330039, "typical_volume": 2835929.4, "trend": 5.0285, "fair_value": 4.439419, "relative_strength": -7.042676, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.6973, "energy": 25.546302, "activity_lines": [ 5.911333, 6.322364, 6.056548, 5.581043 ] }, { "date": "2026-07-31", "close": 5.93, "volume": 1012789, "typical_volume": 2798816.8, "trend": 5.092833, "fair_value": 4.455012, "relative_strength": -7.678457, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.368517, "energy": 22.925223, "activity_lines": [ 5.861333, 6.216364, 6.096048, 5.639204 ] }, { "date": "2026-08-07", "close": 5.86, "volume": 1125637, "typical_volume": 2731231.25, "trend": 5.1515, "fair_value": 4.470332, "relative_strength": -9.036327, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.076651, "energy": 16.03096, "activity_lines": [ 5.870667, 6.106, 6.118976, 5.688699 ] } ], "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." } } }