{
  "ticker": {
    "uuid": "886845ea-fd04-4d7c-b86c-7df9211c71bd",
    "symbol": "TOM",
    "name": "Tomra Systems 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": 68.823,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": 10.461,
    "architecture_energy": 26.152,
    "architecture_maturity": 94.563,
    "architecture_confidence": 45.615,
    "architecture_tenure": "Extended",
    "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": 46.69,
        "rotation_up": 49.02,
        "upward_expansion": 36.52,
        "deceleration": 41.92,
        "rotation_down": 16.8,
        "downward_expansion": 44.85
      },
      "activity_lines": [
        105.146668,
        102.244546,
        100.587214,
        102.935258
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.333333
    },
    "latest_close": 108.5,
    "trend_reference": 107.70446,
    "distance_from_trend": 0.007386,
    "trend_direction": "Weakening",
    "fair_value": 132.154813,
    "distance_from_fair_value": -0.178993,
    "fair_value_direction": "Improving",
    "relative_strength": -19.993963,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.123994,
    "excess_performance": -0.248987,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.007386,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.077154,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.178993,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.121065,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.19994,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.174005,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.123994,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.083557,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 1903516,
      "relative_activity": 0.520983,
      "balance": 1.083557,
      "dry_up": 0.799301,
      "accumulation_observations": 2,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.057037,
      "annualized_volatility": 0.535715,
      "from_high_reference": -0.302624,
      "from_low_reference": 0.20824
    },
    "levels": {
      "trend_reference": 107.70446,
      "fair_value_reference": 132.154813,
      "structural_low": 89.800003,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 30,
        "median_return": 0.00285,
        "positive_rate": 0.566667,
        "directional_follow_through": 0.433333,
        "median_excess_return": -0.009029,
        "regime_survival": 0.766667,
        "best_return": 0.347626,
        "worst_return": -0.295948,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 11,
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        "worst_return": -0.393836,
        "sufficient": true
      },
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        "horizon": "Extended",
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        "regime_survival": 0.666667,
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        "sufficient": true
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      {
        "horizon": "Full cycle",
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        "worst_return": -0.268932,
        "sufficient": false
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      {
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        "regime": "rotation_up",
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      },
      {
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        "trend": 110.514564,
        "fair_value": 132.976598,
        "relative_strength": -18.400567,
        "stage": 4,
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        "modifier": "Established contraction",
        "gate": "down",
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        "energy": 13.011408,
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          101.133334,
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          99.994628,
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      },
      {
        "date": "2026-07-24",
        "close": 100.400002,
        "volume": 3007891,
        "typical_volume": 3874948.4,
        "trend": 109.513285,
        "fair_value": 132.663744,
        "relative_strength": -26.819018,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -28.02618,
        "energy": 22.669338,
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          101.513334,
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          99.759324,
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      },
      {
        "date": "2026-07-31",
        "close": 104.300003,
        "volume": 1826993,
        "typical_volume": 3839243.85,
        "trend": 108.520865,
        "fair_value": 132.39735,
        "relative_strength": -23.62128,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -7.045403,
        "energy": 16.638257,
        "activity_lines": [
          102.960002,
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          99.96038,
          102.936604
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      },
      {
        "date": "2026-08-07",
        "close": 108.5,
        "volume": 1903516,
        "typical_volume": 3653699.95,
        "trend": 107.70446,
        "fair_value": 132.154813,
        "relative_strength": -19.993963,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 10.461347,
        "energy": 26.151983,
        "activity_lines": [
          105.146668,
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      }
    ],
    "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."
    }
  }
}