{ "ticker": { "uuid": "8d939683-008c-40cd-9293-cbd971e9d9bd", "symbol": "EPR", "name": "Europris 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": 3, "stage_name": "Distribution", "phase": "3c", "phase_label": "Stage 3C \u00b7 Breakdown watch", "transition": "stage_3_to_4_watch", "transition_label": "Stage 3 \u2192 4 watch", "confidence": 71.383, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -32.988, "architecture_energy": 42.451, "architecture_maturity": 9.046, "architecture_confidence": 67.343, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 33.11, "rotation_up": 20.7, "upward_expansion": 14.85, "deceleration": 50.0, "rotation_down": 59.93, "downward_expansion": 54.18 }, "activity_lines": [ 84.819999, 85.663635, 88.044869, 88.244918 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 86.900002, "trend_reference": 88.051605, "distance_from_trend": -0.013079, "trend_direction": "Weakening", "fair_value": 74.353286, "distance_from_fair_value": 0.168745, "fair_value_direction": "Weakening", "relative_strength": -13.715975, "relative_strength_direction": "Weakening", "price_momentum": 0.036253, "excess_performance": -0.088741, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.013079, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.000959, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.168745, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.121478, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.13716, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.046844, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.036253, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.795237, "read": "Supply-led" } ], "volume": { "latest": 599017, "relative_activity": 0.836371, "balance": 0.795237, "dry_up": 1.047714, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.03886, "annualized_volatility": 0.219102, "from_high_reference": -0.136126, "from_low_reference": 0.087379 }, "levels": { "trend_reference": 88.051605, "fair_value_reference": 74.353286, "structural_low": 80.0, "invalidation": 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"modifier": "Established expansion", "gate": "mixed", "direction": -44.718609, "energy": 49.574278, "activity_lines": [ 86.459999, 88.776363, 89.81937, 89.241447 ] }, { "date": "2026-07-17", "close": 83.199997, "volume": 972881, "typical_volume": 770289.2, "trend": 88.533714, "fair_value": 73.742386, "relative_strength": -15.956324, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.331404, "energy": 58.091376, "activity_lines": [ 84.946665, 87.507272, 89.219411, 88.881853 ] }, { "date": "2026-07-24", "close": 82.599998, "volume": 716747, "typical_volume": 764417.9, "trend": 88.283352, "fair_value": 73.932665, "relative_strength": -18.161755, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.367038, "energy": 66.670745, "activity_lines": [ 83.759998, 86.303635, 88.58377, 88.499033 ] }, { "date": "2026-07-31", "close": 85.599998, "volume": 712889, "typical_volume": 740715.85, "trend": 88.155428, "fair_value": 74.141334, "relative_strength": -15.141038, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.031817, "energy": 65.433458, "activity_lines": [ 83.959998, 85.790908, 88.248544, 88.325913 ] }, { "date": "2026-08-07", "close": 86.900002, "volume": 599017, "typical_volume": 716210.05, "trend": 88.051605, "fair_value": 74.353286, "relative_strength": -13.715975, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.98817, "energy": 42.450576, "activity_lines": [ 84.819999, 85.663635, 88.044869, 88.244918 ] } ], "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." } } }