{
  "ticker": {
    "uuid": "c1297c32-c70b-44d5-abb4-58b07d5a5676",
    "symbol": "MAS",
    "name": "M\u00e5s\u00f8val AS",
    "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": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 71.404,
    "architecture_energy": 89.159,
    "architecture_maturity": 54.945,
    "architecture_confidence": 89.5,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 0.17,
        "rotation_up": 81.16,
        "upward_expansion": 99.92,
        "deceleration": 39.02,
        "rotation_down": 11.45,
        "downward_expansion": 21.92
      },
      "activity_lines": [
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        33.321721
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 1.0
    },
    "latest_close": 37.900002,
    "trend_reference": 30.643333,
    "distance_from_trend": 0.236811,
    "trend_direction": "Improving",
    "fair_value": 27.566705,
    "distance_from_fair_value": 0.374847,
    "fair_value_direction": "Improving",
    "relative_strength": 22.508123,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.559671,
    "excess_performance": 0.434677,
    "evidence": [
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        "label": "Price vs Trend",
        "positive": true,
        "value": 0.236811,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.143124,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.374847,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.160808,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.225081,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.046113,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.559671,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 13.960406,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 47446,
      "relative_activity": 0.049104,
      "balance": 13.960406,
      "dry_up": 0.202335,
      "accumulation_observations": 1,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.03633,
      "annualized_volatility": 0.485296,
      "from_high_reference": -0.013021,
      "from_low_reference": 0.813397
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    "levels": {
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      "fair_value_reference": 27.566705,
      "structural_low": 21.5,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 13,
        "median_return": 0.006711,
        "positive_rate": 0.615385,
        "directional_follow_through": 0.615385,
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        "sufficient": true
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      },
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        "date": "2026-05-01",
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      {
        "date": "2026-05-08",
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      },
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        "date": "2026-06-05",
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      },
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      },
      {
        "date": "2026-07-03",
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      },
      {
        "date": "2026-07-10",
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        "trend": 29.016666,
        "fair_value": 27.367686,
        "relative_strength": 31.24129,
        "stage": 2,
        "regime": "upward_expansion",
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      },
      {
        "date": "2026-07-17",
        "close": 37.599998,
        "volume": 498106,
        "typical_volume": 963494.8,
        "trend": 29.443333,
        "fair_value": 27.41553,
        "relative_strength": 28.594357,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 89.186223,
        "energy": 94.398475,
        "activity_lines": [
          35.993332,
          34.92909,
          33.68,
          31.774838
        ]
      },
      {
        "date": "2026-07-24",
        "close": 37.700001,
        "volume": 55373,
        "typical_volume": 964594.4,
        "trend": 29.833333,
        "fair_value": 27.464646,
        "relative_strength": 24.744166,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.855911,
        "energy": 92.041576,
        "activity_lines": [
          36.846666,
          35.563636,
          34.237619,
          32.307527
        ]
      },
      {
        "date": "2026-07-31",
        "close": 37.900002,
        "volume": 181083,
        "typical_volume": 970628.65,
        "trend": 30.246667,
        "fair_value": 27.516307,
        "relative_strength": 23.897567,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.175717,
        "energy": 91.477406,
        "activity_lines": [
          37.466667,
          36.14,
          34.748571,
          32.827957
        ]
      },
      {
        "date": "2026-08-07",
        "close": 37.900002,
        "volume": 47446,
        "typical_volume": 966231.4,
        "trend": 30.643333,
        "fair_value": 27.566705,
        "relative_strength": 22.508123,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.404211,
        "energy": 89.158697,
        "activity_lines": [
          37.800001,
          36.623637,
          35.187619,
          33.321721
        ]
      }
    ],
    "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."
    }
  }
}