Weekly structural research · OSL · Healthcare

MEDI Stage Analysis

Medistim ASA

Week ending 9 Oct 2026Close NOK 281.00Tenure DevelopingBenchmark OSEBX.OL

Screen this regime Supporting research Report data ↗

Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction

Upward Expansion · Early expansion

The weekly architecture is expanding upward.

Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing.

The Trend gate is up within the current regime.
Fast Activity versus Slow Activity: improving.
Activity structure: wide and contracting.

Direction 90−100 bearish to +100 bullish

Energy 67/100directional strength

Maturity 51/100lifecycle context

Confidence 74/100evidence agreement

Trend gate Upstructural direction

Activity structure Widecontracting separation

Price acceptance +50.0%position within the Activity structure

Fair Value context +44.8%NOK 194.07 · improving

Trend Architecture map · Historical context

Weekly close, Activity, Trend and Fair Value

Follow price and Trend first, then add Activity Lines to inspect the structure. Subtle bands show the regime recognized at each completed observation; the dashed line marks current Fair Value, not a historical forecast.

CloseTrendCurrent Fair Value

Background stage key

BalanceDirection is contained.
Rotation UpStructure is turning higher.
Upward ExpansionUptrend is established.
DecelerationUptrend is losing energy.
Downward ExpansionDowntrend is established.

View chart values · 156 observations

Week	Close	Trend	Relative Strength	Volume	Regime	Direction	Energy
2026-10-09	281.00	231.42	10.22	192119	Upward Expansion	90	67
2026-10-02	250.00	228.68	-1.73	81222	Upward Expansion	64	48
2026-09-25	246.00	227.29	-4.49	78162	Upward Expansion	61	54
2026-09-18	248.00	226.42	-5.50	69816	Upward Expansion	65	80
2026-09-11	246.00	224.88	-6.38	35600	Upward Expansion	68	88
2026-09-04	250.00	222.89	-4.94	8027	Upward Expansion	73	90
2026-08-28	258.00	221.44	-2.24	4933	Upward Expansion	92	95
2026-08-21	246.00	220.01	-6.97	97658	Upward Expansion	83	79
2026-08-14	239.00	219.82	-9.76	17699	Balance	72	53
2026-08-07	228.00	219.51	-11.64	16116	Balance	38	18
2026-07-31	226.00	220.24	-12.32	5668	Balance	33	16
2026-07-24	223.00	221.10	-13.37	11823	Balance	35	17
2026-07-17	227.00	222.03	-9.81	8741	Balance	12	18
2026-07-10	227.00	222.86	-8.94	6669	Rotation Up	13	13
2026-07-03	228.00	223.43	-9.25	12124	Rotation Up	23	16
2026-06-26	231.00	223.80	-6.12	73704	Rotation Up	28	21
2026-06-19	223.00	224.18	-11.72	8427	Rotation Up	23	18
2026-06-12	227.00	224.75	-12.19	136991	Rotation Up	17	22
2026-06-05	232.00	224.78	-10.62	34548	Rotation Up	23	34
2026-05-29	228.00	224.83	-12.13	161342	Balance	18	31
2026-05-22	224.00	226.01	-15.60	78059	Balance	-5	20
2026-05-15	231.00	226.90	-12.10	177293	Balance	4	14
2026-05-08	226.00	226.38	-12.15	174722	Balance	-3	11
2026-05-01	217.11	226.53	-17.75	57190	Balance	-13	17
2026-04-24	217.11	226.92	-16.65	104364	Downward Expansion	-24	19
2026-04-17	224.82	227.01	-12.46	89106	Downward Expansion	-25	16
2026-04-10	223.86	227.56	-15.93	73641	Downward Expansion	-34	20
2026-04-03	206.49	227.98	-22.76	57706	Downward Expansion	-54	37
2026-03-27	200.70	229.42	-22.32	136600	Downward Expansion	-60	40
2026-03-20	207.46	231.26	-19.15	163313	Downward Expansion	-55	36
2026-03-13	198.77	232.80	-21.79	215651	Downward Expansion	-66	44
2026-03-06	208.42	233.51	-16.36	305962	Downward Expansion	-61	59
2026-02-27	220.00	233.67	-11.17	158248	Downward Expansion	-62	71
2026-02-20	201.67	233.70	-18.03	384835	Downward Expansion	-67	78
2026-02-13	186.23	233.99	-21.66	167282	Balance	-84	81
2026-02-06	206.49	235.18	-12.04	64560	Balance	-45	52
2026-01-30	215.18	235.34	-5.99	50195	Balance	-24	21
2026-01-23	240.26	235.18	6.98	39812	Upward Expansion	31	13
2026-01-16	229.65	233.83	1.93	55224	Upward Expansion	25	13
2026-01-09	249.91	232.61	15.09	21487	Upward Expansion	52	38
2026-01-02	251.84	230.32	16.90	15871	Upward Expansion	56	42
2025-12-26	250.88	228.59	19.50	5324	Upward Expansion	57	38
2025-12-19	251.84	226.58	21.34	43894	Upward Expansion	56	30
2025-12-12	244.12	224.81	19.74	54836	Upward Expansion	49	25
2025-12-05	239.30	223.52	18.99	16531	Upward Expansion	35	16
2025-11-28	242.19	221.83	23.15	30159	Upward Expansion	47	20
2025-11-21	240.26	218.77	25.22	77457	Upward Expansion	46	27
2025-11-14	227.72	215.72	17.48	31762	Upward Expansion	45	30
2025-11-07	233.51	213.16	22.74	27120	Upward Expansion	48	32
2025-10-31	263.42	210.34	38.66	137627	Deceleration	69	42
2025-10-24	250.88	206.64	30.85	159022	Deceleration	51	26
2025-10-17	215.18	203.63	14.42	492521	Deceleration	22	20
2025-10-10	230.61	202.20	21.01	19364	Deceleration	36	21
2025-10-03	228.68	200.30	20.68	88153	Upward Expansion	40	24
2025-09-26	220.00	198.19	15.80	37249	Upward Expansion	46	35
2025-09-19	241.23	195.82	28.60	22387	Upward Expansion	63	61
2025-09-12	236.40	192.68	25.93	174661	Upward Expansion	65	74
2025-09-05	249.91	189.77	36.06	20078	Upward Expansion	71	81
2025-08-29	255.70	186.24	38.19	17131	Upward Expansion	79	75
2025-08-22	253.77	182.68	36.72	137962	Upward Expansion	84	60
2025-08-15	220.00	178.83	21.68	189225	Upward Expansion	64	48
2025-08-08	213.25	176.10	19.44	80692	Upward Expansion	61	50
2025-08-01	220.96	173.74	25.65	50676	Upward Expansion	68	59
2025-07-25	210.35	171.11	19.57	15365	Upward Expansion	64	65
2025-07-18	221.93	168.90	26.46	37078	Upward Expansion	77	75
2025-07-11	211.32	166.34	20.33	57282	Upward Expansion	73	59
2025-07-04	210.35	164.19	19.85	27508	Upward Expansion	72	49
2025-06-27	199.74	161.72	15.88	56285	Upward Expansion	67	47
2025-06-20	192.98	159.77	9.75	15561	Upward Expansion	62	46
2025-06-13	181.40	157.93	4.02	6113	Upward Expansion	62	59
2025-06-06	199.74	155.98	17.44	17537	Upward Expansion	68	82
2025-05-30	190.57	153.53	13.86	7251	Upward Expansion	62	79
2025-05-23	198.77	152.09	19.54	33470	Upward Expansion	73	81
2025-05-16	205.53	150.77	22.47	46252	Upward Expansion	80	74
2025-05-09	188.64	149.19	17.19	52683	Balance	68	37
2025-05-02	150.28	148.10	-6.77	10050	Balance	21	18
2025-04-25	148.89	148.42	-4.58	38514	Balance	21	19
2025-04-18	150.75	148.95	-3.08	14209	Rotation Up	30	19
2025-04-11	148.89	149.51	-1.84	34792	Rotation Up	35	19
2025-04-04	152.61	150.07	1.08	31960	Rotation Up	57	49
2025-03-28	160.52	150.69	-2.38	47150	Rotation Up	35	57
2025-03-21	172.15	150.63	2.92	38241	Rotation Up	46	64
2025-03-14	173.55	149.97	5.57	53636	Rotation Up	49	58
2025-03-07	165.64	149.14	1.34	917715	Balance	34	38
2025-02-28	148.89	148.62	-9.18	70513	Balance	-7	14
2025-02-21	147.03	148.72	-11.51	20029	Balance	-11	12
2025-02-14	148.89	148.98	-10.46	32770	Balance	-10	8
2025-02-07	144.24	149.11	-13.82	5867	Balance	-21	11
2025-01-31	148.89	149.56	-13.68	137328	Downward Expansion	-36	16
2025-01-24	138.19	149.87	-19.23	24401	Downward Expansion	-48	25
2025-01-17	138.19	150.55	-20.22	14508	Downward Expansion	-48	23
2025-01-10	142.37	151.91	-17.86	82546	Downward Expansion	-31	15
2025-01-03	141.91	152.75	-17.87	11664	Downward Expansion	-31	17
2024-12-27	144.24	153.62	-15.03	4619	Downward Expansion	-33	17
2024-12-20	145.17	154.98	-13.64	18660	Downward Expansion	-36	19
2024-12-13	146.56	155.96	-16.29	16213	Downward Expansion	-42	27
2024-12-06	136.33	156.63	-22.80	30298	Downward Expansion	-59	53
2024-11-29	141.44	157.54	-20.76	25204	Downward Expansion	-61	71
2024-11-22	137.72	158.30	-24.13	105744	Downward Expansion	-64	76
2024-11-15	122.83	159.14	-31.70	270724	Downward Expansion	-85	84
2024-11-08	126.09	160.37	-29.10	167546	Downward Expansion	-85	75
2024-11-01	147.49	161.98	-18.62	36258	Balance	-55	37
2024-10-25	159.12	163.08	-14.53	6673	Balance	-33	20
2024-10-18	158.19	163.40	-13.75	15843	Balance	-33	18
2024-10-11	155.87	163.63	-16.22	5033	Balance	-33	13
2024-10-04	160.06	164.22	-14.33	68986	Rotation Up	8	13
2024-09-27	164.71	164.55	-9.74	221765	Rotation Up	14	23
2024-09-20	167.50	164.86	-8.68	7564	Downward Expansion	6	18
2024-09-13	165.64	165.54	-10.12	14102	Downward Expansion	-19	18
2024-09-06	171.22	166.34	-6.10	89289	Downward Expansion	-17	11
2024-08-30	158.66	167.07	-16.69	158764	Downward Expansion	-54	33
2024-08-23	152.61	168.32	-20.23	185034	Downward Expansion	-58	40
2024-08-16	148.42	169.64	-23.56	85267	Downward Expansion	-65	45
2024-08-09	150.28	171.20	-21.79	9258	Downward Expansion	-66	60
2024-08-02	151.68	172.64	-21.64	48673	Downward Expansion	-67	65
2024-07-26	154.94	174.05	-22.18	23618	Downward Expansion	-61	67
2024-07-19	152.61	175.36	-24.69	19986	Downward Expansion	-69	69
2024-07-12	157.73	177.14	-22.67	4168	Downward Expansion	-60	50
2024-07-05	158.19	177.94	-22.58	54978	Balance	-59	42
2024-06-28	158.66	178.77	-23.48	42573	Balance	-51	27
2024-06-21	179.13	179.66	-13.77	20581	Balance	-7	10
2024-06-14	167.50	179.73	-19.28	31102	Downward Expansion	-35	21
2024-06-07	167.96	180.32	-21.63	33933	Downward Expansion	-34	21
2024-05-31	185.18	180.53	-15.39	14956	Downward Expansion	-15	14
2024-05-24	174.48	180.89	-19.98	21209	Downward Expansion	-42	26
2024-05-17	166.57	180.81	-24.01	44396	Downward Expansion	-57	45
2024-05-10	163.78	180.85	-26.31	18398	Downward Expansion	-59	56
2024-05-03	164.24	181.31	-24.42	35740	Downward Expansion	-60	47
2024-04-26	162.85	182.19	-25.67	48251	Downward Expansion	-63	39
2024-04-19	159.73	183.20	-26.42	45001	Downward Expansion	-71	42
2024-04-12	174.25	184.41	-22.55	9959	Downward Expansion	-56	37
2024-04-05	180.60	185.14	-18.86	78396	Downward Expansion	-59	50
2024-03-29	168.80	185.93	-23.52	42341	Downward Expansion	-64	69
2024-03-22	165.17	187.29	-25.50	6216	Downward Expansion	-72	71
2024-03-15	173.34	188.74	-20.98	19238	Downward Expansion	-61	58
2024-03-08	170.16	190.25	-22.06	14350	Balance	-56	51
2024-03-01	173.79	192.08	-20.65	34738	Balance	-52	31
2024-02-23	187.86	193.85	-13.54	8406	Balance	-21	10
2024-02-16	189.68	195.49	-13.04	20713	Balance	-25	11
2024-02-09	193.31	197.27	-9.83	6595	Balance	-10	7
2024-02-02	196.03	198.99	-10.88	15284	Balance	-8	7
2024-01-26	192.40	200.60	-14.10	12085	Balance	-11	7
2024-01-19	195.12	202.62	-11.97	116086	Balance	-11	10
2024-01-12	193.31	204.23	-14.27	13114	Balance	-11	14
2024-01-05	194.21	205.95	-15.30	38752	Balance	-13	13
2023-12-29	194.21	207.19	-14.79	8040	Downward Expansion	-18	13
2023-12-22	206.01	208.64	-9.09	14174	Downward Expansion	-18	12
2023-12-15	181.51	210.04	-20.04	9865	Downward Expansion	-42	28
2023-12-08	183.32	212.82	-19.43	7494	Downward Expansion	-41	28
2023-12-01	185.14	215.21	-19.68	18309	Downward Expansion	-44	32
2023-11-24	181.51	217.87	-22.38	18252	Downward Expansion	-46	32
2023-11-17	185.14	219.78	-20.12	143008	Downward Expansion	-58	41
2023-11-10	174.25	221.85	-24.43	17876	Downward Expansion	-69	54
2023-11-03	196.03	223.79	-15.64	30901	Downward Expansion	-65	56
2023-10-27	171.98	225.65	-25.06	39507	Downward Expansion	-74	83
2023-10-20	167.90	228.85	-27.75	37916	Downward Expansion	-85	90

Price vs TrendAbove+21.4%

Trend directionRising+5.1%

Price vs current Fair ValuePremium+44.8%

Fair Value directionClosing upward+26.1%

Relative Strength vs benchmarkLeading+10.2%

Relative strength directionImproving+19.2%

Price momentumPositive+25.5%

Volume balanceDemand-led3.63×

Beyond the current label

Is the structure strengthening or losing force?

Direction and energy measure different things

Direction shows the upward or downward lean. Energy shows the force behind the structural move: high energy can accompany a strong decline as well as an advance.

Direction

90 / ±100

+22.4 points since 2026-09-11

Energy

67 /100

-20.9 points since 2026-09-11

Recent change compares the latest reading with four observations earlier. Missing readings remain unavailable. Use the chart values above to inspect individual observations.

MEDI Directional State ↗ MEDI Momentum Intelligence ↗

Comparative structural evidence

Why this architecture regime won

Every regime is evaluated

Balance11

Rotation Up71

Upward Expansion80

Deceleration70

Rotation Down14

Downward Expansion9

The winning regime is the state most consistent with the complete SM evidence set. Direction, energy, maturity and confidence describe different aspects of the current structure, while contradictory evidence remains visible rather than being averaged into false certainty.

Time spent in each state

The context behind today’s regime

2023-10-20 to 2026-10-09 · 156 classified observations out of 156 shown.

Balance 24%Rotation Up 9%Upward Expansion 26%Deceleration 3%Downward Expansion 38%

Recent Trend Architecture ledger

Regime	Recognized	Last observation	Tenure	Move inside regime
Upward Expansion	2026-08-21	2026-10-09	Developing	+14.2%
Balance	2026-07-17	2026-08-14	Developing	+5.3%
Rotation Up	2026-06-05	2026-07-10	Developing	-2.2%
Balance	2026-05-01	2026-05-29	Developing	+5.0%
Downward Expansion	2026-02-20	2026-04-24	Developing	+7.7%
Balance	2026-01-30	2026-02-13	New	-13.5%
Upward Expansion	2025-11-07	2026-01-23	Developing	+2.9%
Deceleration	2025-10-10	2025-10-31	New	+14.2%
Upward Expansion	2025-05-16	2025-10-03	Established	+11.3%
Balance	2025-04-25	2025-05-09	New	+26.7%
Rotation Up	2025-03-14	2025-04-18	Developing	-13.1%
Balance	2025-02-07	2025-03-07	Developing	+14.8%
Downward Expansion	2024-11-08	2025-01-31	Established	+18.1%
Balance	2024-10-11	2024-11-01	New	-5.4%

Classic Stage Analysis comparison

Stage 1 · Basing20

Stage 2 · Advancing100

Stage 3 · Distribution54

Stage 4 · Declining0

Legacy result: Stage 2 · Stage 2A · Early advance. It remains visible while the experimental architecture is validated rather than being silently discarded.

Leadership versus OSEBX.OL

Is relative performance confirming the geometry?

Confirmation, not classification

Relative Strength

The security is compared with its market benchmark on the SM scale. Above zero indicates relative leadership; direction shows whether that leadership is improving or weakening.

Confirmation evidence

Leading benchmark

Architecture confirmation: 94/100
Current Relative Strength: 10.22
Relative Strength direction: Improving
Price momentum: +25.5%
Excess performance vs benchmark: +24.3%
Healthcare regime cohort: 43th percentile7 in cohort

Test MEDI trend persistence

Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry

Relative volume3.62×

Latest completed volume relative to typical participation.

Up/down volume3.63×

Participation balance between advancing and declining observations.

Accumulation / distribution4 / 1

Recent participation evidence classified by demand and supply.

Activity alignment+100.0%

Current positive alignment across Activity and Trend.

Fast/slow rotationImproving

Current relationship between Fast Activity and Slow Activity.

Structure stability+0.0%

Whether recent Activity evidence is stable or remains in balance.

Weekly volume with architecture context

Bars show completed weekly volume; the dashed line provides typical-volume context. Both measures use the same scale.

Explore MEDI Volume & Price ↗

Decision architecture

References that would change the structural read

Evidence levels, not orders

Fast Activity NOK 259.00rising

Slow Activity NOK 239.10rising

Trend Reference NOK 231.42+21.4% close margin

Current Fair Value NOK 194.07+44.8% close margin

Structural low NOK 215.18shock / repair context

What changes the read?

Sustained fan recompression, a fast-line rollover or repeated closes inside/below the fan move the read toward Deceleration or Rotation Down.

Range context +4.1%

Annualized volatility +22.9%

From structural high -0.4%

From structural low +56.1%

Point-in-time evidence

What followed this architecture in this market?

Descriptive history, never a forecast

Historical comparisons use only the structural read that would have been available at each completed observation. Independent observations are used where possible, with benchmark comparison beginning after each recognized state.

Outcome horizon	Samples	Median move	Positive periods	Directional follow-through	Median excess vs OSEBX.OL	Regime survived	Read
Near term	19	+0.9%-14.8% to +20.3%	+57.9%	+57.9%	+0.4%	+78.9%	Usable descriptive sample
Intermediate	7	-5.5%-23.7% to +18.4%	+42.9%	+42.9%	-7.2%	+57.1%	Usable descriptive sample
Extended	4	-3.3%-27.9% to +10.8%	+50.0%	+50.0%	-17.9%	+25.0%	Too little matched history
Full cycle	3	-11.3%-37.0% to +12.4%	+33.3%	+33.3%	-20.0%	+0.0%	Too little matched history

Evidence framework

What the analysis measures and where its limits lie

Trend Architecture

Trend Architecture brings Price, Fast Activity, Slow Activity and Trend into one structural read. It identifies balance, rotation, expansion, deceleration and contraction while requiring persistent evidence for confirmed regime changes.

Evidence roles

Trend, Activity, relative strength, volume and Fair Value each have a defined role in the SM evidence framework. No single reading is treated as sufficient on its own, and conflicting evidence remains visible.

Fair Value and RS

Current Fair Value provides a long-term price anchor and shows whether price is trading above, below or repairing toward that reference. Relative Strength compares the security with its benchmark and shows whether leadership is improving or weakening.

Known limitations

Weekly structure recognizes conditions after they develop. Event gaps can bypass smooth transitions, sideways markets can rotate repeatedly, and historical samples for a particular regime can be thin.

Independent market research for education. Not investment advice, a recommendation, a forecast, a target, or an execution instruction. Historical regime behaviour does not establish what happens next.

MEDI Stage Analysis

What the Activity Line geometry says now

The weekly architecture is expanding upward.

Weekly close, Activity, Trend and Fair Value

Is the structure strengthening or losing force?

Direction

Energy

Why this architecture regime won

The context behind today’s regime

Is relative performance confirming the geometry?

Relative Strength

Leading benchmark

Is demand confirming the architecture?

Weekly volume with architecture context

References that would change the structural read

What followed this architecture in this market?

What the analysis measures and where its limits lie

Trend Architecture

Evidence roles

Fair Value and RS

Known limitations

Send a message

Evidence context

What the Activity Line geometry says now

The weekly architecture is expanding upward.

Weekly close, Activity, Trend and Fair Value

Is the structure strengthening or losing force?

Direction

Energy

Why this architecture regime won

The context behind today’s regime

Is relative performance confirming the geometry?

Relative Strength ?

Leading benchmark

Is demand confirming the architecture?

Weekly volume with architecture context

References that would change the structural read

What followed this architecture in this market?

Test the structure from another angle

Trend Persistence ↗

Directional State ↗

Momentum Intelligence ↗

Volume & Price ↗

Similar Charts ↗

RMI Reversal Map ↗

What the analysis measures and where its limits lie

Trend Architecture

Evidence roles

Fair Value and RS

Known limitations

Relative Strength

Trend Persistence

Directional State

Momentum Intelligence

Volume & Price

Similar Charts

RMI Reversal Map