{ "ticker": { "uuid": "78819ee3-3f81-44ca-b163-28c5d045694a", "symbol": "JAREN", "name": "J\u00e6ren 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": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 51.501, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "mixed", "architecture_direction": -23.054, "architecture_energy": 22.003, "architecture_maturity": 10.384, "architecture_confidence": 57.378, "architecture_tenure": "Developing", "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": 52.22, "rotation_up": 25.97, "upward_expansion": 9.44, "deceleration": 54.21, "rotation_down": 41.32, "downward_expansion": 44.11 }, "activity_lines": [ 338.079999, 338.643636, 341.136906, 341.730564 ], "activity_state": "Moderate", "activity_direction": "Stable", "rotation_direction": "Weakening", "price_acceptance": -0.333333 }, "latest_close": 339.899994, "trend_reference": 341.540689, "distance_from_trend": -0.004804, "trend_direction": "Weakening", "fair_value": 296.510399, "distance_from_fair_value": 0.146334, "fair_value_direction": "Weakening", "relative_strength": -13.362392, "relative_strength_direction": "Improving", "price_momentum": 0.038521, "excess_performance": -0.086472, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.004804, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.0166, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.146334, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.056887, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.133624, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.01152, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.038521, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.990906, "read": "Demand-led" } ], "volume": { "latest": 2003, "relative_activity": 0.249939, "balance": 1.990906, "dry_up": 0.18421, "accumulation_observations": 0, "distribution_observations": 0 }, "risk": { "range_context": 0.02004, "annualized_volatility": 0.112951, "from_high_reference": -0.078645, "from_low_reference": 0.056537 }, "levels": { "trend_reference": 341.540689, "fair_value_reference": 296.510399, "structural_low": 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339.696667, 341.709093, 343.562702, 343.300595 ] }, { "date": "2026-07-10", "close": 339.899994, "volume": 288, "typical_volume": 9335.45, "trend": 344.120853, "fair_value": 293.114111, "relative_strength": -10.687543, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.646051, "energy": 45.299637, "activity_lines": [ 339.566665, 341.074546, 343.203162, 343.006471 ] }, { "date": "2026-07-17", "close": 339.950012, "volume": 1394, "typical_volume": 8322.5, "trend": 343.470723, "fair_value": 294.021721, "relative_strength": -11.517918, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.938348, "energy": 40.283201, "activity_lines": [ 339.623336, 340.63273, 342.89195, 342.737384 ] }, { "date": "2026-07-24", "close": 336.100006, "volume": 280, "typical_volume": 8101.55, "trend": 342.473119, "fair_value": 294.8831, "relative_strength": -14.377888, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.493286, "energy": 40.692779, "activity_lines": [ 338.533337, 339.546367, 342.194335, 342.261854 ] }, { "date": "2026-07-31", "close": 335.899994, "volume": 2228, "typical_volume": 8086.5, "trend": 341.561865, "fair_value": 295.700093, "relative_strength": -14.467719, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": -33.515312, "energy": 34.624699, "activity_lines": [ 337.636668, 338.649092, 341.468612, 341.837782 ] }, { "date": "2026-08-07", "close": 339.899994, "volume": 2003, "typical_volume": 8013.95, "trend": 341.540689, "fair_value": 296.510399, "relative_strength": -13.362392, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": -23.053699, "energy": 22.002917, "activity_lines": [ 338.079999, 338.643636, 341.136906, 341.730564 ] } ], "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." } } }