{ "ticker": { "uuid": "c80607b8-933e-430d-85d7-b36ff8a206e3", "symbol": "ANDF", "name": "Andfjord Salmon Group 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": 1, "stage_name": "Basing", "phase": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 96.0, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Emerging rotation", "architecture_gate": "mixed", "architecture_direction": 31.383, "architecture_energy": 50.991, "architecture_maturity": 11.316, "architecture_confidence": 63.235, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 35.77, "rotation_up": 65.43, "upward_expansion": 52.01, "deceleration": 19.66, "rotation_down": 15.91, "downward_expansion": 24.68 }, "activity_lines": [ 29.586666, 29.194545, 28.552381, 28.589032 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 29.9, "trend_reference": 28.71, "distance_from_trend": 0.041449, "trend_direction": "Improving", "fair_value": 31.922436, "distance_from_fair_value": -0.063355, "fair_value_direction": "Improving", "relative_strength": -9.043198, "relative_strength_direction": "Improving", "price_momentum": 0.034602, "excess_performance": -0.090392, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.041449, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.016043, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.063355, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.111587, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.090432, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.128733, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.034602, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.096742, "read": "Demand-led" } ], "volume": { "latest": 82167, "relative_activity": 0.130875, "balance": 2.096742, "dry_up": 0.065078, "accumulation_observations": 0, "distribution_observations": 0 }, "risk": { "range_context": 0.035246, "annualized_volatility": 0.254643, "from_high_reference": -0.160112, "from_low_reference": 0.317181 }, "levels": { "trend_reference": 28.71, "fair_value_reference": 31.922436, "structural_low": 26.6, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 6, "median_return": -0.03139, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.058957, "regime_survival": 0.0, "best_return": 0.069588, "worst_return": -0.116667, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": -0.122559, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.202194, "regime_survival": 0.0, "best_return": 0.007732, "worst_return": -0.211009, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.164948, "positive_rate": 0.2, "directional_follow_through": 0.2, "median_excess_return": -0.27603, "regime_survival": 0.0, "best_return": 0.01373, "worst_return": -0.342857, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, 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"trend": 28.386667, "fair_value": 31.996154, "relative_strength": -10.02285, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 39.641667, "energy": 53.687332, "activity_lines": [ 29.166667, 28.62, 28.259524, 28.410538 ] }, { "date": "2026-07-31", "close": 29.799999, "volume": 21977, "typical_volume": 627364.4, "trend": 28.546667, "fair_value": 31.955128, "relative_strength": -9.432083, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 32.878893, "energy": 50.265388, "activity_lines": [ 29.36, 28.923636, 28.40619, 28.50172 ] }, { "date": "2026-08-07", "close": 29.9, "volume": 82167, "typical_volume": 627830.45, "trend": 28.71, "fair_value": 31.922436, "relative_strength": -9.043198, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.382614, "energy": 50.990995, "activity_lines": [ 29.586666, 29.194545, 28.552381, 28.589032 ] } ], "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." } } }