{ "ticker": { "uuid": "d3a5b10d-34f7-489a-82a1-86ff4689d044", "symbol": "BRG", "name": "Borregaard 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": "4c", "phase_label": "Stage 4C \u00b7 Repair watch", "transition": "stage_4_to_1_watch", "transition_label": "Stage 4 \u2192 1 repair watch", "confidence": 92.432, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "down", "architecture_direction": 4.307, "architecture_energy": 26.256, "architecture_maturity": 20.976, "architecture_confidence": 45.068, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 48.45, "rotation_up": 51.18, "upward_expansion": 39.53, "deceleration": 39.95, "rotation_down": 14.06, "downward_expansion": 43.2 }, "activity_lines": [ 158.373334, 155.018182, 152.940087, 155.801848 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 159.0, "trend_reference": 161.612949, "distance_from_trend": -0.016168, "trend_direction": "Weakening", "fair_value": 172.842627, "distance_from_fair_value": -0.080088, "fair_value_direction": "Improving", "relative_strength": -19.240276, "relative_strength_direction": "Improving", "price_momentum": -0.052972, "excess_performance": -0.177966, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.016168, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.065906, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.080088, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.073855, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.192403, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.115809, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.052972, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.833366, "read": "Supply-led" } ], "volume": { "latest": 216980, "relative_activity": 0.470174, "balance": 0.833366, "dry_up": 0.684551, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.039671, "annualized_volatility": 0.241519, "from_high_reference": -0.228976, "from_low_reference": 0.148844 }, "levels": { "trend_reference": 161.612949, 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45.130987, "activity_lines": [ 147.426667, 146.334547, 152.215757, 158.138899 ] }, { "date": "2026-07-10", "close": 151.800003, "volume": 313029, "typical_volume": 537582.05, "trend": 165.781813, "fair_value": 172.642958, "relative_strength": -21.62003, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.216747, "energy": 29.76217, "activity_lines": [ 149.400001, 147.294547, 151.665887, 157.160817 ] }, { "date": "2026-07-17", "close": 160.199997, "volume": 535674, "typical_volume": 546051.8, "trend": 164.83796, "fair_value": 172.694606, "relative_strength": -17.766868, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.457827, "energy": 21.458104, "activity_lines": [ 153.693333, 149.792728, 152.024151, 156.8007 ] }, { "date": "2026-07-24", "close": 158.800003, "volume": 278703, "typical_volume": 525417.85, "trend": 163.776108, "fair_value": 172.725357, "relative_strength": -19.936489, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.100281, "energy": 21.930442, "activity_lines": [ 156.160001, 151.792728, 152.305173, 156.411154 ] }, { "date": "2026-07-31", "close": 158.0, "volume": 232293, "typical_volume": 504748.5, "trend": 162.668135, "fair_value": 172.772441, "relative_strength": -20.111985, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.477021, "energy": 22.777711, "activity_lines": [ 157.493334, 153.400001, 152.556087, 156.038502 ] }, { "date": "2026-08-07", "close": 159.0, "volume": 216980, "typical_volume": 461488.7, "trend": 161.612949, "fair_value": 172.842627, "relative_strength": -19.240276, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 4.306673, "energy": 26.25561, "activity_lines": [ 158.373334, 155.018182, 152.940087, 155.801848 ] } ], "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." } } }