{ "ticker": { "uuid": "80aa0ae0-722a-48b5-bd36-f2dd549d6d46", "symbol": "MULTI", "name": "Multiconsult 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": "4c", "phase_label": "Stage 4C \u00b7 Repair watch", "transition": "stage_4_to_1_watch", "transition_label": "Stage 4 \u2192 1 repair watch", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -35.229, "architecture_energy": 21.002, "architecture_maturity": 57.924, "architecture_confidence": 74.306, "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": 44.53, "rotation_up": 29.13, "upward_expansion": 18.52, "deceleration": 46.16, "rotation_down": 26.91, "downward_expansion": 57.18 }, "activity_lines": [ 151.453332, 150.207272, 152.306518, 153.510568 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 152.0, "trend_reference": 155.559808, "distance_from_trend": -0.022884, "trend_direction": "Weakening", "fair_value": 154.493451, "distance_from_fair_value": -0.01614, "fair_value_direction": "Weakening", "relative_strength": -16.394167, "relative_strength_direction": "Improving", "price_momentum": -0.089037, "excess_performance": -0.214031, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.022884, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.02836, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.01614, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.065332, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.163942, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.032741, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.089037, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.935999, "read": "Supply-led" } ], "volume": { "latest": 31670, "relative_activity": 1.316807, "balance": 0.935999, "dry_up": 0.980547, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.033704, "annualized_volatility": 0.245405, "from_high_reference": -0.253878, "from_low_reference": 0.059972 }, "levels": { "trend_reference": 155.559808, "fair_value_reference": 154.493451, 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"downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.794388, "energy": 70.218183, "activity_lines": [ 147.386668, 149.974546, 153.348253, 154.917635 ] }, { "date": "2026-07-17", "close": 151.399994, "volume": 22165, "typical_volume": 33754.75, "trend": 157.485829, "fair_value": 154.086064, "relative_strength": -16.567551, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.444868, "energy": 49.194525, "activity_lines": [ 148.586666, 149.759999, 153.051187, 154.474027 ] }, { "date": "2026-07-24", "close": 151.399994, "volume": 14648, "typical_volume": 26911.8, "trend": 156.72809, "fair_value": 154.192613, "relative_strength": -17.72685, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.07724, "energy": 34.622647, "activity_lines": [ 149.639997, 149.712726, 152.765361, 154.081393 ] }, { "date": "2026-07-31", "close": 152.0, "volume": 25848, "typical_volume": 24783.15, "trend": 156.119697, "fair_value": 154.336131, "relative_strength": -16.933814, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.692048, "energy": 23.568941, "activity_lines": [ 150.759998, 149.930908, 152.538678, 153.776355 ] }, { "date": "2026-08-07", "close": 152.0, "volume": 31670, "typical_volume": 24050.6, "trend": 155.559808, "fair_value": 154.493451, "relative_strength": -16.394167, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.228988, "energy": 21.002007, "activity_lines": [ 151.453332, 150.207272, 152.306518, 153.510568 ] } ], "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." } } }