{
  "ticker": {
    "uuid": "f476fa7e-a298-4bdb-be2c-84d4231193e5",
    "symbol": "SKF-B",
    "name": "AB SKF (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": "2a",
    "phase_label": "Stage 2A \u00b7 Early advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 74.112,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 66.442,
    "architecture_energy": 43.492,
    "architecture_maturity": 22.227,
    "architecture_confidence": 82.765,
    "architecture_tenure": "Developing",
    "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": 19.37,
        "rotation_up": 56.62,
        "upward_expansion": 81.23,
        "deceleration": 56.15,
        "rotation_down": 21.43,
        "downward_expansion": 5.56
      },
      "activity_lines": [
        257.686661,
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        248.89215,
        244.38932
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.833333
    },
    "latest_close": 261.799988,
    "trend_reference": 241.304612,
    "distance_from_trend": 0.084936,
    "trend_direction": "Improving",
    "fair_value": 209.999753,
    "distance_from_fair_value": 0.246668,
    "fair_value_direction": "Improving",
    "relative_strength": -3.100415,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.071392,
    "excess_performance": 0.009898,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.084936,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.014869,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.246668,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.078256,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.031004,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.038258,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.071392,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.067745,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 4915932,
      "relative_activity": 1.006055,
      "balance": 2.067745,
      "dry_up": 1.104329,
      "accumulation_observations": 5,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.049833,
      "annualized_volatility": 0.306971,
      "from_high_reference": -0.030729,
      "from_low_reference": 0.300005
    },
    "levels": {
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      "fair_value_reference": 209.999753,
      "structural_low": 201.383835,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 24,
        "median_return": 0.008513,
        "positive_rate": 0.541667,
        "directional_follow_through": 0.541667,
        "median_excess_return": -0.019854,
        "regime_survival": 0.75,
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        "worst_return": -0.189231,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 9,
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        "sufficient": true
      },
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        "horizon": "Extended",
        "sample_count": 6,
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        "worst_return": 0.029598,
        "sufficient": true
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        "horizon": "Full cycle",
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      },
      {
        "date": "2026-04-17",
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      },
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        "date": "2026-05-08",
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      {
        "date": "2026-07-03",
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 5116454.75,
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        "fair_value": 208.385314,
        "relative_strength": -3.548414,
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        "direction": 59.419695,
        "energy": 60.844767,
        "activity_lines": [
          254.64,
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      },
      {
        "date": "2026-07-24",
        "close": 255.800003,
        "volume": 5222211,
        "typical_volume": 5072285.1,
        "trend": 240.261827,
        "fair_value": 208.863362,
        "relative_strength": -2.370881,
        "stage": 2,
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        "modifier": "Early expansion",
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        "direction": 62.075559,
        "energy": 62.739716,
        "activity_lines": [
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      },
      {
        "date": "2026-07-31",
        "close": 257.799988,
        "volume": 3914780,
        "typical_volume": 4999106.95,
        "trend": 240.729664,
        "fair_value": 209.400851,
        "relative_strength": -2.881351,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.816017,
        "energy": 45.443272,
        "activity_lines": [
          256.286664,
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          243.029944
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      },
      {
        "date": "2026-08-07",
        "close": 261.799988,
        "volume": 4915932,
        "typical_volume": 4886343.85,
        "trend": 241.304612,
        "fair_value": 209.999753,
        "relative_strength": -3.100415,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.441646,
        "energy": 43.492463,
        "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."
    }
  }
}