{
  "ticker": {
    "uuid": "f1fe36d2-71e4-422e-b524-9112a8290548",
    "symbol": "BEGR",
    "name": "BE Group 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": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 84.151,
    "architecture_energy": 84.165,
    "architecture_maturity": 18.058,
    "architecture_confidence": 73.705,
    "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": 9.9,
        "rotation_up": 83.86,
        "upward_expansion": 96.38,
        "deceleration": 39.04,
        "rotation_down": 8.97,
        "downward_expansion": 18.38
      },
      "activity_lines": [
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        28.338182,
        27.502381,
        26.842258
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 1.0
    },
    "latest_close": 30.799999,
    "trend_reference": 26.196667,
    "distance_from_trend": 0.175722,
    "trend_direction": "Improving",
    "fair_value": 45.657274,
    "distance_from_fair_value": -0.325409,
    "fair_value_direction": "Improving",
    "relative_strength": 2.737412,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.280665,
    "excess_performance": 0.219171,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.175722,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.004345,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.325409,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.156158,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.027374,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.228437,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.280665,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 3.149521,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 100385,
      "relative_activity": 2.155119,
      "balance": 3.149521,
      "dry_up": 2.011827,
      "accumulation_observations": 4,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.053946,
      "annualized_volatility": 0.263437,
      "from_high_reference": -0.107246,
      "from_low_reference": 0.342048
    },
    "levels": {
      "trend_reference": 26.196667,
      "fair_value_reference": 45.657274,
      "structural_low": 22.950001,
      "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": 12,
        "median_return": 0.037912,
        "positive_rate": 0.583333,
        "directional_follow_through": 0.583333,
        "median_excess_return": 0.052942,
        "regime_survival": 0.75,
        "best_return": 0.45679,
        "worst_return": -0.347317,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 5,
        "median_return": 0.093897,
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        "regime_survival": 0.6,
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        "worst_return": -0.432195,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": 0.045331,
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        "directional_follow_through": 0.666667,
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        "regime_survival": 0.333333,
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        "worst_return": -0.22643,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
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        "worst_return": -0.506483,
        "sufficient": false
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        "regime": "rotation_up",
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        "date": "2026-04-24",
        "close": 25.299999,
        "volume": 23488,
        "typical_volume": 42701.45,
        "trend": 25.915,
        "fair_value": 51.426046,
        "relative_strength": -25.599459,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -31.579184,
        "energy": 15.149291,
        "activity_lines": [
          25.099999,
          24.862727,
          25.067619,
          25.519247
        ]
      },
      {
        "date": "2026-05-01",
        "close": 25.5,
        "volume": 30074,
        "typical_volume": 43035.85,
        "trend": 25.9,
        "fair_value": 50.95835,
        "relative_strength": -22.978293,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -25.283065,
        "energy": 16.282474,
        "activity_lines": [
          25.366666,
          24.983636,
          25.057619,
          25.492473
        ]
      },
      {
        "date": "2026-05-08",
        "close": 26.200001,
        "volume": 40980,
        "typical_volume": 41046.25,
        "trend": 25.906667,
        "fair_value": 50.536918,
        "relative_strength": -20.10626,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -4.386132,
        "energy": 12.776482,
        "activity_lines": [
          25.733333,
          25.230909,
          25.128572,
          25.511828
        ]
      },
      {
        "date": "2026-05-15",
        "close": 27.5,
        "volume": 34746,
        "typical_volume": 42061.45,
        "trend": 26.0,
        "fair_value": 50.146662,
        "relative_strength": -14.050114,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 26.371802,
        "energy": 27.262184,
        "activity_lines": [
          26.386667,
          25.684545,
          25.326905,
          25.614624
        ]
      },
      {
        "date": "2026-05-22",
        "close": 27.0,
        "volume": 39190,
        "typical_volume": 41078.25,
        "trend": 26.043333,
        "fair_value": 49.721642,
        "relative_strength": -17.429419,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 22.435122,
        "energy": 35.217193,
        "activity_lines": [
          26.66,
          26.000909,
          25.474286,
          25.67914
        ]
      },
      {
        "date": "2026-05-29",
        "close": 27.6,
        "volume": 93202,
        "typical_volume": 42548.85,
        "trend": 26.083333,
        "fair_value": 49.323911,
        "relative_strength": -14.166373,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 27.325787,
        "energy": 44.51448,
        "activity_lines": [
          27.093333,
          26.398182,
          25.681191,
          25.77957
        ]
      },
      {
        "date": "2026-06-05",
        "close": 26.700001,
        "volume": 8431,
        "typical_volume": 38876.5,
        "trend": 26.098333,
        "fair_value": 48.909592,
        "relative_strength": -15.162566,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 21.405145,
        "energy": 40.198596,
        "activity_lines": [
          27.073334,
          26.574546,
          25.798333,
          25.819355
        ]
      },
      {
        "date": "2026-06-12",
        "close": 27.0,
        "volume": 14187,
        "typical_volume": 37706.25,
        "trend": 26.053333,
        "fair_value": 48.496894,
        "relative_strength": -12.796552,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 27.929702,
        "energy": 32.931345,
        "activity_lines": [
          27.073334,
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          25.877527
        ]
      },
      {
        "date": "2026-06-19",
        "close": 25.799999,
        "volume": 45164,
        "typical_volume": 35178.65,
        "trend": 26.005,
        "fair_value": 48.092735,
        "relative_strength": -17.091448,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 11.097257,
        "energy": 13.218047,
        "activity_lines": [
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          25.861183
        ]
      },
      {
        "date": "2026-06-26",
        "close": 26.0,
        "volume": 3346,
        "typical_volume": 33308.15,
        "trend": 25.97,
        "fair_value": 47.693163,
        "relative_strength": -14.487918,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 6.106664,
        "energy": 6.412943,
        "activity_lines": [
          26.346667,
          26.556364,
          26.035714,
          25.86086
        ]
      },
      {
        "date": "2026-07-03",
        "close": 27.200001,
        "volume": 5206,
        "typical_volume": 32761.8,
        "trend": 25.953333,
        "fair_value": 47.334044,
        "relative_strength": -11.718322,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 13.93014,
        "energy": 9.111104,
        "activity_lines": [
          26.54,
          26.690909,
          26.192619,
          25.940215
        ]
      },
      {
        "date": "2026-07-10",
        "close": 27.0,
        "volume": 74075,
        "typical_volume": 34202.9,
        "trend": 25.903333,
        "fair_value": 47.004599,
        "relative_strength": -9.072914,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 37.776222,
        "energy": 17.658723,
        "activity_lines": [
          26.693333,
          26.754546,
          26.312381,
          26.007742
        ]
      },
      {
        "date": "2026-07-17",
        "close": 27.6,
        "volume": 89685,
        "typical_volume": 35965.45,
        "trend": 25.925,
        "fair_value": 46.660367,
        "relative_strength": -5.468071,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 56.701176,
        "energy": 35.861196,
        "activity_lines": [
          27.026667,
          26.9,
          26.481905,
          26.117204
        ]
      },
      {
        "date": "2026-07-24",
        "close": 28.299999,
        "volume": 30897,
        "typical_volume": 36831.6,
        "trend": 25.975,
        "fair_value": 46.313408,
        "relative_strength": -3.829104,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 65.549024,
        "energy": 56.806861,
        "activity_lines": [
          27.553333,
          27.147273,
          26.703571,
          26.27043
        ]
      },
      {
        "date": "2026-07-31",
        "close": 30.1,
        "volume": 153875,
        "typical_volume": 43345.4,
        "trend": 26.061667,
        "fair_value": 45.985201,
        "relative_strength": 1.637586,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.449448,
        "energy": 73.447211,
        "activity_lines": [
          28.513333,
          27.707273,
          27.080714,
          26.536559
        ]
      },
      {
        "date": "2026-08-07",
        "close": 30.799999,
        "volume": 100385,
        "typical_volume": 46579.8,
        "trend": 26.196667,
        "fair_value": 45.657274,
        "relative_strength": 2.737412,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 84.150501,
        "energy": 84.164603,
        "activity_lines": [
          29.433333,
          28.338182,
          27.502381,
          26.842258
        ]
      }
    ],
    "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."
    }
  }
}