{
  "ticker": {
    "uuid": "15db6e53-dcdf-4447-bd42-5d48e63ddf8f",
    "symbol": "BINT",
    "name": "BEWI Invest 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": -51.462,
    "architecture_energy": 33.442,
    "architecture_maturity": 100.0,
    "architecture_confidence": 74.807,
    "architecture_tenure": "Extended",
    "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": 34.82,
        "rotation_up": 22.11,
        "upward_expansion": 3.58,
        "deceleration": 57.91,
        "rotation_down": 43.14,
        "downward_expansion": 72.25
      },
      "activity_lines": [
        23.12,
        23.198181,
        24.012452,
        24.610198
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.333333
    },
    "latest_close": 23.6,
    "trend_reference": 26.1788,
    "distance_from_trend": -0.098507,
    "trend_direction": "Weakening",
    "fair_value": 31.739852,
    "distance_from_fair_value": -0.256455,
    "fair_value_direction": "Weakening",
    "relative_strength": -37.177197,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.291291,
    "excess_performance": -0.416285,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.098507,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.150133,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.256455,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.087338,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.371772,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.18383,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.291291,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 29.384337,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 13249,
      "relative_activity": 0.482856,
      "balance": 29.384337,
      "dry_up": 0.478464,
      "accumulation_observations": 3,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.096154,
      "annualized_volatility": 0.527916,
      "from_high_reference": -0.767258,
      "from_low_reference": 0.191919
    },
    "levels": {
      "trend_reference": 26.1788,
      "fair_value_reference": 31.739852,
      "structural_low": 19.799999,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 29,
        "median_return": 0.0,
        "positive_rate": 0.448276,
        "directional_follow_through": 0.482759,
        "median_excess_return": -0.032867,
        "regime_survival": 0.862069,
        "best_return": 0.205534,
        "worst_return": -0.309309,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 10,
        "median_return": -0.046001,
        "positive_rate": 0.2,
        "directional_follow_through": 0.8,
        "median_excess_return": -0.102757,
        "regime_survival": 0.7,
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        "worst_return": -0.29972,
        "sufficient": true
      },
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        "horizon": "Extended",
        "sample_count": 6,
        "median_return": -0.135368,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.176381,
        "regime_survival": 0.666667,
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        "worst_return": -0.31694,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
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        "worst_return": -0.305,
        "sufficient": false
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      {
        "regime": "downward_expansion",
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      {
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        "regime": "upward_expansion",
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        "date": "2026-04-24",
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        "typical_volume": 12531.45,
        "trend": 32.867999,
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        "relative_strength": -57.935026,
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        "date": "2026-05-01",
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      },
      {
        "date": "2026-05-08",
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        "date": "2026-05-15",
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      },
      {
        "date": "2026-05-22",
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        "relative_strength": -53.37976,
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      },
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        "date": "2026-06-05",
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        "relative_strength": -53.372224,
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        "relative_strength": -51.256919,
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      },
      {
        "date": "2026-07-03",
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        "trend": 28.5234,
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        "relative_strength": -50.481257,
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        "modifier": "Established contraction",
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      },
      {
        "date": "2026-07-10",
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        "fair_value": 31.409602,
        "relative_strength": -43.737833,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.448758,
        "energy": 60.492164,
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      },
      {
        "date": "2026-07-17",
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        "volume": 14797,
        "typical_volume": 27902.0,
        "trend": 27.6304,
        "fair_value": 31.491893,
        "relative_strength": -42.395617,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.878557,
        "energy": 55.573507,
        "activity_lines": [
          23.193333,
          23.927273,
          24.492571,
          25.433294
        ]
      },
      {
        "date": "2026-07-24",
        "close": 21.799999,
        "volume": 10545,
        "typical_volume": 27798.2,
        "trend": 27.155466,
        "fair_value": 31.566719,
        "relative_strength": -45.776452,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.752892,
        "energy": 57.970316,
        "activity_lines": [
          22.653333,
          23.412727,
          24.222047,
          25.05714
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      },
      {
        "date": "2026-07-31",
        "close": 23.299999,
        "volume": 13923,
        "typical_volume": 27206.9,
        "trend": 26.672133,
        "fair_value": 31.652324,
        "relative_strength": -39.999017,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.422695,
        "energy": 39.523139,
        "activity_lines": [
          22.819999,
          23.243636,
          24.100095,
          24.8084
        ]
      },
      {
        "date": "2026-08-07",
        "close": 23.6,
        "volume": 13249,
        "typical_volume": 27438.85,
        "trend": 26.1788,
        "fair_value": 31.739852,
        "relative_strength": -37.177197,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.461748,
        "energy": 33.441983,
        "activity_lines": [
          23.12,
          23.198181,
          24.012452,
          24.610198
        ]
      }
    ],
    "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."
    }
  }
}