{
  "ticker": {
    "uuid": "ee279d25-66a8-40a0-ad53-5e2d63c18c39",
    "symbol": "KAMBI",
    "name": "Kambi Group plc",
    "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": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 75.249,
    "architecture_energy": 72.702,
    "architecture_maturity": 48.0,
    "architecture_confidence": 92.857,
    "architecture_tenure": "Established",
    "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": 12.19,
        "rotation_up": 69.54,
        "upward_expansion": 90.69,
        "deceleration": 45.48,
        "rotation_down": 17.35,
        "downward_expansion": 15.02
      },
      "activity_lines": [
        175.186665,
        169.785453,
        163.155712,
        152.650751
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.833333
    },
    "latest_close": 181.199997,
    "trend_reference": 139.723332,
    "distance_from_trend": 0.296849,
    "trend_direction": "Improving",
    "fair_value": 128.334935,
    "distance_from_fair_value": 0.41193,
    "fair_value_direction": "Improving",
    "relative_strength": 21.082514,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.6121,
    "excess_performance": 0.550605,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.296849,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.099318,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.41193,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.283025,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.210825,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.138525,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.6121,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 5.655194,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 311781,
      "relative_activity": 0.747065,
      "balance": 5.655194,
      "dry_up": 1.057997,
      "accumulation_observations": 3,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.073867,
      "annualized_volatility": 0.447987,
      "from_high_reference": -0.042283,
      "from_low_reference": 0.830303
    },
    "levels": {
      "trend_reference": 139.723332,
      "fair_value_reference": 128.334935,
      "structural_low": 99.0,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 14,
        "median_return": -0.004832,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.002549,
        "regime_survival": 0.714286,
        "best_return": 0.153184,
        "worst_return": -0.197466,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 6,
        "median_return": 0.039185,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.009956,
        "regime_survival": 0.333333,
        "best_return": 0.221024,
        "worst_return": -0.204054,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": -0.071144,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.054503,
        "regime_survival": 0.0,
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        "worst_return": -0.093804,
        "sufficient": false
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      {
        "horizon": "Full cycle",
        "sample_count": 2,
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        "worst_return": -0.339303,
        "sufficient": false
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      {
        "regime": "balance",
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        "regime": "deceleration",
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        "end": "2025-10-03",
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        "regime": "rotation_down",
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        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 29.041908,
        "energy": 33.721895,
        "activity_lines": [
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      },
      {
        "date": "2026-04-24",
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        "typical_volume": 456647.05,
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      },
      {
        "date": "2026-05-01",
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        "stage": 3,
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      },
      {
        "date": "2026-05-08",
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      },
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        "date": "2026-05-15",
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        "typical_volume": 487058.85,
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      },
      {
        "date": "2026-05-22",
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      },
      {
        "date": "2026-05-29",
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      },
      {
        "date": "2026-06-05",
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      },
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      },
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        "date": "2026-06-19",
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      },
      {
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      },
      {
        "date": "2026-07-03",
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        "fair_value": 129.095192,
        "relative_strength": 8.514769,
        "stage": 2,
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        "modifier": "Established expansion",
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      },
      {
        "date": "2026-07-10",
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        "typical_volume": 402046.65,
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        "fair_value": 128.858012,
        "relative_strength": 13.944496,
        "stage": 2,
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        "modifier": "Established expansion",
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        "direction": 51.556783,
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      },
      {
        "date": "2026-07-17",
        "close": 168.600006,
        "volume": 283934,
        "typical_volume": 393804.3,
        "trend": 135.383332,
        "fair_value": 128.688781,
        "relative_strength": 18.692222,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.515707,
        "energy": 45.046954,
        "activity_lines": [
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          144.939353
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      },
      {
        "date": "2026-07-24",
        "close": 172.399994,
        "volume": 790411,
        "typical_volume": 415302.55,
        "trend": 136.599998,
        "fair_value": 128.492628,
        "relative_strength": 19.181457,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.310317,
        "energy": 48.456359,
        "activity_lines": [
          166.626664,
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        ]
      },
      {
        "date": "2026-07-31",
        "close": 176.0,
        "volume": 380058,
        "typical_volume": 419891.7,
        "trend": 138.089998,
        "fair_value": 128.371474,
        "relative_strength": 19.963513,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.56744,
        "energy": 63.536191,
        "activity_lines": [
          170.759999,
          167.101816,
          160.176665,
          149.869461
        ]
      },
      {
        "date": "2026-08-07",
        "close": 181.199997,
        "volume": 311781,
        "typical_volume": 417341.45,
        "trend": 139.723332,
        "fair_value": 128.334935,
        "relative_strength": 21.082514,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.249301,
        "energy": 72.701913,
        "activity_lines": [
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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."
    }
  }
}