{ "ticker": { "uuid": "65fe1151-87f9-4377-85ba-f6ac2afad5d1", "symbol": "SB1NO", "name": "SpareBank 1 S\u00f8r-Norge 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": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 75.297, "architecture_energy": 84.669, "architecture_maturity": 14.692, "architecture_confidence": 73.97, "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": 11.45, "rotation_up": 83.89, "upward_expansion": 97.43, "deceleration": 39.02, "rotation_down": 8.29, "downward_expansion": 19.43 }, "activity_lines": [ 210.466667, 205.461817, 200.520888, 198.76921 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 212.5, "trend_reference": 196.097226, "distance_from_trend": 0.083646, "trend_direction": "Improving", "fair_value": 146.507617, "distance_from_fair_value": 0.450437, "fair_value_direction": "Improving", "relative_strength": 2.750865, "relative_strength_direction": "Improving", "price_momentum": 0.11883, "excess_performance": -0.006164, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.083646, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.047574, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.450437, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.074157, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.027509, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.093293, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.11883, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.696166, "read": "Demand-led" } ], "volume": { "latest": 559402, "relative_activity": 0.806182, "balance": 1.696166, "dry_up": 0.763231, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.031566, "annualized_volatility": 0.174345, "from_high_reference": -0.011628, "from_low_reference": 0.332412 }, "levels": { "trend_reference": 196.097226, "fair_value_reference": 146.507617, "structural_low": 184.934927, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 40, "median_return": 0.014658, "positive_rate": 0.55, "directional_follow_through": 0.55, "median_excess_return": 0.001531, "regime_survival": 0.85, "best_return": 0.17277, "worst_return": -0.121569, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 14, "median_return": 0.047104, "positive_rate": 0.785714, "directional_follow_through": 0.785714, "median_excess_return": 0.01219, "regime_survival": 0.5, "best_return": 0.143505, "worst_return": -0.059498, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": 0.096228, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.022215, "regime_survival": 0.375, "best_return": 0.254815, "worst_return": -0.20102, "sufficient": true }, { "horizon": "Full cycle", 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194.002048, 193.24051 ] }, { "date": "2026-07-03", "close": 199.399994, "volume": 201618, "typical_volume": 986261.85, "trend": 191.686126, "fair_value": 143.291995, "relative_strength": 0.352063, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 46.294703, "energy": 24.899388, "activity_lines": [ 194.89333, 193.312725, 194.444151, 193.792801 ] }, { "date": "2026-07-10", "close": 203.0, "volume": 934817, "typical_volume": 977967.75, "trend": 192.621341, "fair_value": 143.908393, "relative_strength": 2.819388, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 56.488924, "energy": 40.491363, "activity_lines": [ 198.159998, 195.127271, 195.181774, 194.522728 ] }, { "date": "2026-07-17", "close": 207.0, "volume": 695296, "typical_volume": 958796.65, "trend": 193.363127, "fair_value": 144.538039, "relative_strength": 3.551221, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.047808, "energy": 68.016687, "activity_lines": [ 201.759999, 197.614544, 196.289733, 195.450384 ] }, { "date": "2026-07-24", "close": 208.5, "volume": 452147, "typical_volume": 916615.4, "trend": 194.142346, "fair_value": 145.176223, "relative_strength": 1.787541, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.909456, "energy": 77.413765, "activity_lines": [ 204.753333, 200.083635, 197.504151, 196.426956 ] }, { "date": "2026-07-31", "close": 213.0, "volume": 411551, "typical_volume": 869617.4, "trend": 195.052713, "fair_value": 145.842714, "relative_strength": 3.450318, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.413986, "energy": 83.753661, "activity_lines": [ 208.36, 202.998181, 199.081157, 197.643579 ] }, { "date": "2026-08-07", "close": 212.5, "volume": 559402, "typical_volume": 693890.75, "trend": 196.097226, "fair_value": 146.507617, "relative_strength": 2.750865, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.296989, "energy": 84.668562, "activity_lines": [ 210.466667, 205.461817, 200.520888, 198.76921 ] } ], "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." } } }