{ "ticker": { "uuid": "c3c46501-fae8-4d16-8d8f-8376b77ab040", "symbol": "NAVA", "name": "Navamedic 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": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -59.459, "architecture_energy": 52.75, "architecture_maturity": 80.96, "architecture_confidence": 94.19, "architecture_tenure": "Established", "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": 15.76, "rotation_up": 28.93, "upward_expansion": 9.46, "deceleration": 55.58, "rotation_down": 43.62, "downward_expansion": 78.13 }, "activity_lines": [ 16.516667, 16.529091, 17.154524, 17.943978 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 16.85, "trend_reference": 19.081667, "distance_from_trend": -0.116953, "trend_direction": "Weakening", "fair_value": 26.915251, "distance_from_fair_value": -0.373961, "fair_value_direction": "Weakening", "relative_strength": -27.33904, "relative_strength_direction": "Weakening", "price_momentum": -0.237557, "excess_performance": -0.36255, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.116953, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.094726, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.373961, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.024749, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.27339, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.01024, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.237557, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.457234, "read": "Supply-led" } ], "volume": { "latest": 95584, "relative_activity": 1.611658, "balance": 0.457234, "dry_up": 0.665801, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.048847, "annualized_volatility": 0.255903, "from_high_reference": -0.396057, "from_low_reference": 0.073248 }, "levels": { "trend_reference": 19.081667, "fair_value_reference": 26.915251, "structural_low": 15.7, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 29, "median_return": 0.0, "positive_rate": 0.482759, "directional_follow_through": 0.482759, "median_excess_return": -0.015647, "regime_survival": 0.827586, "best_return": 0.244019, "worst_return": -0.221865, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": -0.02253, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.108241, "regime_survival": 0.5, "best_return": 0.346457, "worst_return": -0.194711, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": -0.013761, "positive_rate": 0.428571, "directional_follow_through": 0.571429, "median_excess_return": -0.111814, "regime_survival": 0.428571, "best_return": 0.604878, "worst_return": -0.285246, "sufficient": true }, { "horizon": "Full 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18.763118 ] }, { "date": "2026-07-17", "close": 16.049999, "volume": 9518, "typical_volume": 63201.35, "trend": 19.695, "fair_value": 27.292174, "relative_strength": -30.810006, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.40675, "energy": 72.417666, "activity_lines": [ 16.41, 16.677272, 17.640714, 18.506559 ] }, { "date": "2026-07-24", "close": 16.4, "volume": 38145, "typical_volume": 60082.4, "trend": 19.471667, "fair_value": 27.162686, "relative_strength": -30.291379, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.333217, "energy": 62.314751, "activity_lines": [ 16.38, 16.559091, 17.442857, 18.293978 ] }, { "date": "2026-07-31", "close": 16.450001, "volume": 14702, "typical_volume": 56863.6, "trend": 19.253333, "fair_value": 27.027751, "relative_strength": -29.696048, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.752641, "energy": 59.923779, "activity_lines": [ 16.386667, 16.492727, 17.269286, 18.099032 ] }, { "date": "2026-08-07", "close": 16.85, "volume": 95584, "typical_volume": 59307.85, "trend": 19.081667, "fair_value": 26.915251, "relative_strength": -27.33904, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.458533, "energy": 52.749811, "activity_lines": [ 16.516667, 16.529091, 17.154524, 17.943978 ] } ], "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." } } }