{ "ticker": { "uuid": "f7b1826c-a57d-40b9-90f1-ecf1b84eaaa5", "symbol": "MORG", "name": "Sparebanken M\u00f8re", "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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 57.219, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 32.927, "architecture_energy": 16.306, "architecture_maturity": 28.51, "architecture_confidence": 61.083, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 54.77, "rotation_up": 38.43, "upward_expansion": 52.61, "deceleration": 65.33, "rotation_down": 16.93, "downward_expansion": 18.61 }, "activity_lines": [ 111.547999, 111.161091, 111.813002, 111.476472 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.0 }, "latest_close": 112.559998, "trend_reference": 110.410426, "distance_from_trend": 0.019469, "trend_direction": "Improving", "fair_value": 87.149908, "distance_from_fair_value": 0.291568, "fair_value_direction": "Weakening", "relative_strength": -5.20419, "relative_strength_direction": "Weakening", "price_momentum": 0.037674, "excess_performance": -0.087319, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.019469, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.032726, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.291568, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.082423, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.052042, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.017979, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.037674, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.822599, "read": "Demand-led" } ], "volume": { "latest": 243320, "relative_activity": 2.945914, "balance": 1.822599, "dry_up": 1.394615, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.024821, "annualized_volatility": 0.14498, "from_high_reference": -0.055229, "from_low_reference": 0.207819 }, "levels": { "trend_reference": 110.410426, "fair_value_reference": 87.149908, "structural_low": 104.304182, 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111.269455, 111.993072, 111.138176 ] }, { "date": "2026-07-17", "close": 111.739998, "volume": 16877, "typical_volume": 71872.45, "trend": 110.064474, "fair_value": 86.194303, "relative_strength": -3.179673, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.594253, "energy": 10.16413, "activity_lines": [ 111.032, 111.234546, 112.008439, 111.261413 ] }, { "date": "2026-07-24", "close": 109.720001, "volume": 69906, "typical_volume": 72705.65, "trend": 110.200354, "fair_value": 86.505238, "relative_strength": -7.093836, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.445536, "energy": 4.896784, "activity_lines": [ 110.745333, 110.873455, 111.806437, 111.239189 ] }, { "date": "2026-07-31", "close": 111.5, "volume": 130654, "typical_volume": 74377.6, "trend": 110.181765, "fair_value": 86.820355, "relative_strength": -5.894692, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.267488, "energy": 11.385375, "activity_lines": [ 111.037333, 110.894546, 111.755894, 111.323037 ] }, { "date": "2026-08-07", "close": 112.559998, "volume": 243320, "typical_volume": 82595.75, "trend": 110.410426, "fair_value": 87.149908, "relative_strength": -5.20419, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.926501, "energy": 16.306443, "activity_lines": [ 111.547999, 111.161091, 111.813002, 111.476472 ] } ], "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." } } }