{ "ticker": { "uuid": "9b24f5de-f1c8-453b-9f8d-990c5bfb4d60", "symbol": "MGN", "name": "Magnora 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": 48.574, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -22.285, "architecture_energy": 28.289, "architecture_maturity": 12.298, "architecture_confidence": 65.08, "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": 34.99, "rotation_up": 18.5, "upward_expansion": 16.94, "deceleration": 62.12, "rotation_down": 57.33, "downward_expansion": 44.27 }, "activity_lines": [ 23.15, 23.462727, 25.249524, 25.094839 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 23.4, "trend_reference": 24.36, "distance_from_trend": -0.039409, "trend_direction": "Improving", "fair_value": 24.239455, "distance_from_fair_value": -0.034632, "fair_value_direction": "Weakening", "relative_strength": -8.456661, "relative_strength_direction": "Weakening", "price_momentum": 0.149877, "excess_performance": 0.024883, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.039409, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.0617, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.034632, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.279184, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.084567, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.247987, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.149877, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.706269, "read": "Supply-led" } ], "volume": { "latest": 1201380, "relative_activity": 0.863011, "balance": 0.706269, "dry_up": 0.882751, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.099112, "annualized_volatility": 0.499239, "from_high_reference": -0.301493, "from_low_reference": 0.270358 }, "levels": { "trend_reference": 24.36, "fair_value_reference": 24.239455, "structural_low": 19.76, "invalidation": "A 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-23.957161, "energy": 35.47672, "activity_lines": [ 23.726667, 25.586364, 26.266429, 25.359914 ] }, { "date": "2026-07-17", "close": 22.75, "volume": 1112479, "typical_volume": 1446463.5, "trend": 24.067, "fair_value": 24.261482, "relative_strength": -9.181731, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.605697, "energy": 38.074179, "activity_lines": [ 23.413333, 24.786364, 25.99, 25.280645 ] }, { "date": "2026-07-24", "close": 24.049999, "volume": 1136914, "typical_volume": 1450236.0, "trend": 24.218, "fair_value": 24.258848, "relative_strength": -5.97308, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.282272, "energy": 33.275419, "activity_lines": [ 23.59, 24.354545, 25.830238, 25.279548 ] }, { "date": "2026-07-31", "close": 22.25, "volume": 1464662, "typical_volume": 1441346.35, "trend": 24.295, "fair_value": 24.245729, "relative_strength": -13.011323, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.257819, "energy": 37.751702, "activity_lines": [ 23.13, 23.737273, 25.484048, 25.152581 ] }, { "date": "2026-08-07", "close": 23.4, "volume": 1201380, "typical_volume": 1392079.05, "trend": 24.36, "fair_value": 24.239455, "relative_strength": -8.456661, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.284599, "energy": 28.289277, "activity_lines": [ 23.15, 23.462727, 25.249524, 25.094839 ] } ], "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." } } }