{ "ticker": { "uuid": "dbe471c5-c697-45b7-ba01-6b1c42feb21b", "symbol": "IDEX", "name": "IDEX Biometrics 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": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 81.87, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "mixed", "architecture_direction": -12.416, "architecture_energy": 11.614, "architecture_maturity": 5.863, "architecture_confidence": 43.66, "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": 57.74, "rotation_up": 27.53, "upward_expansion": 18.92, "deceleration": 60.1, "rotation_down": 35.88, "downward_expansion": 34.92 }, "activity_lines": [ 8.121333, 8.109818, 8.298143, 8.437477 ], "activity_state": "Compressed", "activity_direction": "Stable", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 8.02, "trend_reference": 8.211267, "distance_from_trend": -0.023293, "trend_direction": "Improving", "fair_value": 40.071376, "distance_from_fair_value": -0.799857, "fair_value_direction": "Improving", "relative_strength": 18.733984, "relative_strength_direction": "Weakening", "price_momentum": 0.336889, "excess_performance": 0.211896, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.023293, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.18768, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.799857, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.063366, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.18734, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.096833, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.336889, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.305789, "read": "Demand-led" } ], "volume": { "latest": 365274, "relative_activity": 0.340147, "balance": 1.305789, "dry_up": 0.264858, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.121331, "annualized_volatility": 1.035718, "from_high_reference": -0.373438, "from_low_reference": 2.220884 }, "levels": { "trend_reference": 8.211267, "fair_value_reference": 40.071376, "structural_low": 5.2, "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": 15, "median_return": -0.068333, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.071173, "regime_survival": 0.533333, "best_return": 0.395349, "worst_return": -0.463196, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": -0.132929, "positive_rate": 0.428571, "directional_follow_through": 0.428571, "median_excess_return": -0.151386, "regime_survival": 0.142857, "best_return": 0.71875, "worst_return": -0.479354, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.241111, "positive_rate": 0.2, "directional_follow_through": 0.2, "median_excess_return": -0.252192, "regime_survival": 0.2, "best_return": 1.60625, "worst_return": -0.461075, "sufficient": true }, { 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"gate": "up", "direction": 9.898618, "energy": 13.194575, "activity_lines": [ 8.094667, 8.176727, 8.665476, 8.393406 ] }, { "date": "2026-07-10", "close": 8.18, "volume": 1272299, "typical_volume": 1340389.9, "trend": 7.8882, "fair_value": 44.313447, "relative_strength": 32.864867, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 10.454007, "energy": 8.728018, "activity_lines": [ 8.128, 8.190545, 8.606943, 8.421544 ] }, { "date": "2026-07-17", "close": 7.92, "volume": 112360, "typical_volume": 1328389.75, "trend": 8.012233, "fair_value": 43.261968, "relative_strength": 25.618861, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 5.122509, "energy": 8.522589, "activity_lines": [ 8.094667, 8.152, 8.510886, 8.423596 ] }, { "date": "2026-07-24", "close": 8.06, "volume": 140065, "typical_volume": 1190952.65, "trend": 8.068667, "fair_value": 42.169118, "relative_strength": 23.231895, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -18.828173, "energy": 11.348361, "activity_lines": [ 8.066667, 8.131636, 8.421876, 8.426677 ] }, { "date": "2026-07-31", "close": 8.38, "volume": 519993, "typical_volume": 1104355.2, "trend": 8.163933, "fair_value": 41.084822, "relative_strength": 25.914461, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.18544, "energy": 7.406957, "activity_lines": [ 8.168, 8.153818, 8.367819, 8.446763 ] }, { "date": "2026-08-07", "close": 8.02, "volume": 365274, "typical_volume": 1073871.6, "trend": 8.211267, "fair_value": 40.071376, "relative_strength": 18.733984, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.415997, "energy": 11.614103, "activity_lines": [ 8.121333, 8.109818, 8.298143, 8.437477 ] } ], "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." } } }