{ "ticker": { "uuid": "68325bb1-3f05-401f-b35a-ba41d36552d5", "symbol": "NISB", "name": "Nidaros Sparebank", "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": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 75.317, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -38.701, "architecture_energy": 26.523, "architecture_maturity": 7.017, "architecture_confidence": 93.64, "architecture_tenure": "New", "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": 34.8, "rotation_up": 25.2, "upward_expansion": 7.79, "deceleration": 46.26, "rotation_down": 43.64, "downward_expansion": 74.12 }, "activity_lines": [ 103.082667, 103.158546, 104.417905, 104.727491 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 106.0, "trend_reference": 104.820691, "distance_from_trend": 0.011251, "trend_direction": "Improving", "fair_value": 97.901816, "distance_from_fair_value": 0.082717, "fair_value_direction": "Weakening", "relative_strength": -8.305022, "relative_strength_direction": "Improving", "price_momentum": 0.018011, "excess_performance": -0.106983, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.011251, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.014062, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.082717, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.027378, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.08305, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.002699, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.018011, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.551318, "read": "Supply-led" } ], "volume": { "latest": 448, "relative_activity": 0.738421, "balance": 0.551318, "dry_up": 1.153371, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.027134, "annualized_volatility": 0.178007, "from_high_reference": -0.070175, "from_low_reference": 0.10328 }, "levels": { "trend_reference": 104.820691, "fair_value_reference": 97.901816, "structural_low": 99.209999, 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-11.253267, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.274593, "energy": 16.749485, "activity_lines": [ 105.257333, 106.601091, 106.239612, 105.39927 ] }, { "date": "2026-06-19", "close": 104.0, "volume": 60, "typical_volume": 1263.35, "trend": 104.082586, "fair_value": 97.581245, "relative_strength": -8.967417, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.236231, "energy": 11.525176, "activity_lines": [ 104.86, 105.993091, 106.093483, 105.403854 ] }, { "date": "2026-06-26", "close": 103.0, "volume": 0, "typical_volume": 1059.15, "trend": 104.202893, "fair_value": 97.615654, "relative_strength": -7.19131, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -24.195098, "energy": 22.892355, "activity_lines": [ 104.196, 105.221091, 105.85262, 105.33401 ] }, { "date": "2026-07-03", "close": 105.980003, "volume": 4, "typical_volume": 706.85, "trend": 104.457879, "fair_value": 97.685492, "relative_strength": -6.38561, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.807058, "energy": 15.290242, "activity_lines": [ 104.592001, 105.082546, 105.900922, 105.448662 ] }, { "date": "2026-07-10", "close": 101.260002, "volume": 509, "typical_volume": 659.25, "trend": 104.519555, "fair_value": 97.730515, "relative_strength": -9.60562, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -33.256427, "energy": 40.821044, "activity_lines": [ 103.416001, 104.204001, 105.486356, 105.242347 ] }, { "date": "2026-07-17", "close": 100.199997, "volume": 1761, "typical_volume": 672.35, "trend": 104.545898, "fair_value": 97.768744, "relative_strength": -11.35373, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.391717, "energy": 53.170396, "activity_lines": [ 102.265333, 103.364364, 104.984208, 104.963666 ] }, { "date": "2026-07-24", "close": 102.459999, "volume": 136, "typical_volume": 666.25, "trend": 104.647574, "fair_value": 97.826902, "relative_strength": -11.27601, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.661338, "energy": 48.627865, "activity_lines": [ 102.122666, 103.077091, 104.702461, 104.829092 ] }, { "date": "2026-07-31", "close": 101.800003, "volume": 454, "typical_volume": 635.15, "trend": 104.72725, "fair_value": 97.853618, "relative_strength": -11.927381, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -59.06353, "energy": 62.118851, "activity_lines": [ 101.862667, 102.716, 104.356858, 104.645378 ] }, { "date": "2026-08-07", "close": 106.0, "volume": 448, "typical_volume": 606.7, "trend": 104.820691, "fair_value": 97.901816, "relative_strength": -8.305022, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.700645, "energy": 26.523348, "activity_lines": [ 103.082667, 103.158546, 104.417905, 104.727491 ] } ], "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." } } }