{ "ticker": { "uuid": "0cee1e3b-8478-4851-8c9b-17980142b2d8", "symbol": "ELO", "name": "Elopak ASA", "exchange": "OSL", "country": "NO", "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": "OSEBX.OL", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -19.968, "architecture_energy": 19.12, "architecture_maturity": 93.114, "architecture_confidence": 58.407, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 52.59, "rotation_up": 31.32, "upward_expansion": 28.52, "deceleration": 50.13, "rotation_down": 24.27, "downward_expansion": 52.85 }, "activity_lines": [ 36.209999, 35.724545, 35.422536, 37.058158 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 37.099998, "trend_reference": 40.170192, "distance_from_trend": -0.07643, "trend_direction": "Weakening", "fair_value": 36.993313, "distance_from_fair_value": 0.002884, "fair_value_direction": "Weakening", "relative_strength": -23.305305, "relative_strength_direction": "Improving", "price_momentum": -0.229868, "excess_performance": -0.354861, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.07643, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.094072, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.002884, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.032841, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.233053, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.053917, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.229868, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.04509, "read": "Demand-led" } ], "volume": { "latest": 737197, "relative_activity": 0.513682, "balance": 1.04509, "dry_up": 1.10434, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.04639, "annualized_volatility": 0.472693, "from_high_reference": -0.317883, "from_low_reference": 0.121837 }, "levels": { "trend_reference": 40.170192, "fair_value_reference": 36.993313, "structural_low": 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"relative_strength": -29.253234, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.300191, "energy": 61.206241, "activity_lines": [ 34.743333, 34.852779, 35.658211, 38.386672 ] }, { "date": "2026-07-17", "close": 36.150002, "volume": 4094600, "typical_volume": 2043527.2, "trend": 41.650681, "fair_value": 36.680878, "relative_strength": -24.780316, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.065167, "energy": 45.70331, "activity_lines": [ 35.146667, 35.041819, 35.482506, 38.003844 ] }, { "date": "2026-07-24", "close": 35.099998, "volume": 797938, "typical_volume": 2033617.75, "trend": 41.127485, "fair_value": 36.776504, "relative_strength": -28.067356, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.6457, "energy": 42.317486, "activity_lines": [ 35.123333, 35.056364, 35.283018, 37.581219 ] }, { "date": "2026-07-31", "close": 36.549999, "volume": 709728, "typical_volume": 2036927.9, "trend": 40.629959, "fair_value": 36.881711, "relative_strength": -24.809022, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.338382, "energy": 27.874793, "activity_lines": [ 35.619999, 35.365454, 35.296367, 37.285898 ] }, { "date": "2026-08-07", "close": 37.099998, "volume": 737197, "typical_volume": 1435124.25, "trend": 40.170192, "fair_value": 36.993313, "relative_strength": -23.305305, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.968056, "energy": 19.11986, "activity_lines": [ 36.209999, 35.724545, 35.422536, 37.058158 ] } ], "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." } } }