{ "ticker": { "uuid": "609c7229-fa6c-4ec5-b2e0-5c29d2de3889", "symbol": "NOHAL", "name": "Nordic Halibut AS", "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": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "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": 87.329, "architecture_energy": 93.487, "architecture_maturity": 66.519, "architecture_confidence": 78.873, "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": 3.68, "rotation_up": 84.72, "upward_expansion": 97.35, "deceleration": 41.84, "rotation_down": 8.34, "downward_expansion": 21.69 }, "activity_lines": [ 26.68, 25.494546, 24.475238, 23.733979 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 28.0, "trend_reference": 22.736667, "distance_from_trend": 0.231491, "trend_direction": "Improving", "fair_value": 22.045398, "distance_from_fair_value": 0.270106, "fair_value_direction": "Improving", "relative_strength": 16.846566, "relative_strength_direction": "Improving", "price_momentum": 0.372549, "excess_performance": 0.247555, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.231491, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.080127, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.270106, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.20418, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.168466, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.158283, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.372549, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.66613, "read": "Demand-led" } ], "volume": { "latest": 31874, "relative_activity": 1.660428, "balance": 1.66613, "dry_up": 1.428013, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.048901, "annualized_volatility": 0.265115, "from_high_reference": -0.034483, "from_low_reference": 0.489362 }, "levels": { "trend_reference": 22.736667, "fair_value_reference": 22.045398, "structural_low": 19.4, "invalidation": "A 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23.533334, 23.476364, 23.007619, 22.476559 ] }, { "date": "2026-07-10", "close": 23.6, "volume": 6283, "typical_volume": 17963.2, "trend": 21.853333, "fair_value": 21.985818, "relative_strength": 3.298434, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.741956, "energy": 34.146212, "activity_lines": [ 23.6, 23.512727, 23.114286, 22.596989 ] }, { "date": "2026-07-17", "close": 24.6, "volume": 2887, "typical_volume": 15960.95, "trend": 22.01, "fair_value": 21.979708, "relative_strength": 6.462889, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.688171, "energy": 55.694247, "activity_lines": [ 23.96, 23.72, 23.30381, 22.774194 ] }, { "date": "2026-07-24", "close": 27.0, "volume": 54611, "typical_volume": 17705.35, "trend": 22.25, "fair_value": 21.997803, "relative_strength": 13.913279, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.388807, "energy": 84.165958, "activity_lines": [ 25.04, 24.349091, 23.700952, 23.096129 ] }, { "date": "2026-07-31", "close": 26.6, "volume": 20278, "typical_volume": 17903.4, "trend": 22.463333, "fair_value": 22.013333, "relative_strength": 11.666078, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.475898, "energy": 86.563777, "activity_lines": [ 25.733333, 24.821818, 24.033333, 23.376774 ] }, { "date": "2026-08-07", "close": 28.0, "volume": 31874, "typical_volume": 19196.25, "trend": 22.736667, "fair_value": 22.045398, "relative_strength": 16.846566, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.329296, "energy": 93.487447, "activity_lines": [ 26.68, 25.494546, 24.475238, 23.733979 ] } ], "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." } } }