{
  "ticker": {
    "uuid": "11a2be84-5bf4-43bf-b7b6-725bf1821fe7",
    "symbol": "4300",
    "name": "Dar Al Arkan Real Estate Development Company",
    "exchange": "SAU",
    "country": "SA",
    "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": "^TASI.SR",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2a",
    "phase_label": "Stage 2A \u00b7 Early advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "rotation_up",
    "architecture_regime_label": "Rotation Up",
    "architecture_modifier": "Value reclamation",
    "architecture_gate": "mixed",
    "architecture_direction": 27.089,
    "architecture_energy": 44.27,
    "architecture_maturity": 5.712,
    "architecture_confidence": 74.765,
    "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": 37.19,
        "rotation_up": 65.15,
        "upward_expansion": 52.41,
        "deceleration": 17.6,
        "rotation_down": 16.44,
        "downward_expansion": 22.74
      },
      "activity_lines": [
        18.803333,
        18.515091,
        18.091715,
        18.116624
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.833333
    },
    "latest_close": 18.959999,
    "trend_reference": 18.119334,
    "distance_from_trend": 0.046396,
    "trend_direction": "Improving",
    "fair_value": 16.544551,
    "distance_from_fair_value": 0.145997,
    "fair_value_direction": "Improving",
    "relative_strength": 8.545307,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.046358,
    "excess_performance": 0.078187,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.046396,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.043821,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.145997,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.063296,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.085453,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.109051,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.046358,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.020127,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 3901035,
      "relative_activity": 1.061909,
      "balance": 1.020127,
      "dry_up": 0.80278,
      "accumulation_observations": 3,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.049416,
      "annualized_volatility": 0.240442,
      "from_high_reference": -0.095851,
      "from_low_reference": 0.300411
    },
    "levels": {
      "trend_reference": 18.119334,
      "fair_value_reference": 16.544551,
      "structural_low": 16.780001,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 7,
        "median_return": 0.009597,
        "positive_rate": 0.571429,
        "directional_follow_through": 0.571429,
        "median_excess_return": 0.003225,
        "regime_survival": 0.428571,
        "best_return": 0.098748,
        "worst_return": -0.034115,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 4,
        "median_return": 0.049027,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.024188,
        "regime_survival": 0.0,
        "best_return": 0.207143,
        "worst_return": -0.031969,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": 0.212796,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.14672,
        "regime_survival": 0.0,
        "best_return": 0.257143,
        "worst_return": 0.117083,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.130518,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.246173,
        "regime_survival": 0.0,
        "best_return": 0.314286,
        "worst_return": 0.006954,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-05-10",
        "end": "2024-08-09",
        "tenure": "Established",
        "return": 0.070533,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-08-16",
        "end": "2024-09-06",
        "tenure": "New",
        "return": 0.042857,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-09-13",
        "end": "2024-12-13",
        "tenure": "Established",
        "return": 0.071633,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-12-20",
        "end": "2025-01-24",
        "tenure": "Developing",
        "return": 0.146814,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-01-31",
        "end": "2025-05-23",
        "tenure": "Established",
        "return": 0.230303,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-05-30",
        "end": "2025-08-29",
        "tenure": "Established",
        "return": -0.064935,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-09-05",
        "end": "2026-02-06",
        "tenure": "Established",
        "return": -0.02054,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-02-13",
        "end": "2026-03-13",
        "tenure": "Developing",
        "return": 0.052159,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-03-20",
        "end": "2026-03-27",
        "tenure": "New",
        "return": -0.026497,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-04-03",
        "end": "2026-05-22",
        "tenure": "Developing",
        "return": -0.069329,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-05-29",
        "end": "2026-06-19",
        "tenure": "New",
        "return": 0.047676,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-06-26",
        "end": "2026-07-17",
        "tenure": "New",
        "return": 0.066135,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-07-24",
        "end": "2026-07-31",
        "tenure": "New",
        "return": -0.042188,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
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        "start": "2026-08-07",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.0,
        "active": true
      }
    ],
    "chart_path": [
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        "date": "2023-08-04",
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      },
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        "date": "2023-08-11",
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      },
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      },
      {
        "date": "2026-04-24",
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      },
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      },
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        "date": "2026-05-08",
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      },
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        "date": "2026-05-15",
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      },
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      },
      {
        "date": "2026-06-05",
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      },
      {
        "date": "2026-06-12",
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      },
      {
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      },
      {
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        "relative_strength": -0.659557,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
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      },
      {
        "date": "2026-07-03",
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        "relative_strength": 3.528175,
        "stage": 3,
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        "modifier": "Balance after decline",
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      },
      {
        "date": "2026-07-10",
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        "typical_volume": 4075994.55,
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        "relative_strength": 7.189337,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
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        "energy": 33.394966,
        "activity_lines": [
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      },
      {
        "date": "2026-07-17",
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        "volume": 2330561,
        "typical_volume": 3792606.5,
        "trend": 17.801334,
        "fair_value": 16.494615,
        "relative_strength": 8.201184,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
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        "energy": 47.913153,
        "activity_lines": [
          18.348001,
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      },
      {
        "date": "2026-07-24",
        "close": 19.200001,
        "volume": 3455365,
        "typical_volume": 3718048.8,
        "trend": 17.914334,
        "fair_value": 16.517051,
        "relative_strength": 10.343123,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.940831,
        "energy": 62.977552,
        "activity_lines": [
          18.707334,
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          17.954048,
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      },
      {
        "date": "2026-07-31",
        "close": 18.389999,
        "volume": 2109427,
        "typical_volume": 3561783.45,
        "trend": 18.000667,
        "fair_value": 16.529808,
        "relative_strength": 7.82134,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "mixed",
        "direction": 30.813767,
        "energy": 49.641775,
        "activity_lines": [
          18.688667,
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        ]
      },
      {
        "date": "2026-08-07",
        "close": 18.959999,
        "volume": 3901035,
        "typical_volume": 3673605.8,
        "trend": 18.119334,
        "fair_value": 16.544551,
        "relative_strength": 8.545307,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 27.08889,
        "energy": 44.269709,
        "activity_lines": [
          18.803333,
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      }
    ],
    "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."
    }
  }
}