{
  "ticker": {
    "uuid": "185ae8c0-5ca3-4d7f-8586-a91647495e9d",
    "symbol": "9578",
    "name": "Atlas Elevators General Trading & Contracting 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": 1,
    "stage_name": "Basing",
    "phase": "1a",
    "phase_label": "Stage 1A \u00b7 Bottoming",
    "transition": "stage_1_building",
    "transition_label": "Base still building",
    "confidence": 61.558,
    "architecture_regime": "rotation_down",
    "architecture_regime_label": "Rotation Down",
    "architecture_modifier": "Supply rotation",
    "architecture_gate": "mixed",
    "architecture_direction": -29.132,
    "architecture_energy": 36.644,
    "architecture_maturity": 6.805,
    "architecture_confidence": 62.084,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The Activity Line structure is rotating downward.",
        "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion."
      },
      "scores": {
        "balance": 43.25,
        "rotation_up": 18.88,
        "upward_expansion": 13.05,
        "deceleration": 50.57,
        "rotation_down": 57.09,
        "downward_expansion": 50.05
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      "activity_lines": [
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      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.5
    },
    "latest_close": 9.78,
    "trend_reference": 9.87943,
    "distance_from_trend": -0.010064,
    "trend_direction": "Weakening",
    "fair_value": 11.118801,
    "distance_from_fair_value": -0.120409,
    "fair_value_direction": "Weakening",
    "relative_strength": -1.262523,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.037589,
    "excess_performance": 0.069419,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.010064,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.000358,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.120409,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.069849,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.012625,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.048576,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.037589,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.603944,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 89430,
      "relative_activity": 1.43381,
      "balance": 0.603944,
      "dry_up": 1.103908,
      "accumulation_observations": 2,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.047226,
      "annualized_volatility": 0.218209,
      "from_high_reference": -0.19129,
      "from_low_reference": 0.113185
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    "levels": {
      "trend_reference": 9.87943,
      "fair_value_reference": 11.118801,
      "structural_low": 8.87,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 2,
        "median_return": -0.000366,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
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        "worst_return": -0.01211,
        "sufficient": false
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        "horizon": "Intermediate",
        "sample_count": 2,
        "median_return": -0.041019,
        "positive_rate": 0.0,
        "directional_follow_through": 1.0,
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        "regime_survival": 0.0,
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        "sufficient": false
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      {
        "horizon": "Extended",
        "sample_count": 1,
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        "positive_rate": 0.0,
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        "regime_survival": 0.0,
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        "worst_return": -0.099127,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
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        "color": "orange",
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        "end": "2025-05-23",
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        "return": -0.01211,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
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        "end": "2025-09-12",
        "tenure": "Established",
        "return": 0.0,
        "active": false
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      {
        "regime": "rotation_up",
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        "active": false
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        "active": false
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        "regime": "downward_expansion",
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        "end": "2026-03-13",
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        "return": -0.017305,
        "active": false
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        "color": "blue",
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        "end": "2026-04-03",
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        "active": false
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        "regime": "deceleration",
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        "regime": "rotation_down",
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        "active": true
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        "activity_lines": [
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 56544.85,
        "trend": 9.883256,
        "fair_value": 11.141791,
        "relative_strength": -1.101782,
        "stage": 1,
        "regime": "rotation_down",
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        "gate": "mixed",
        "direction": -18.924794,
        "energy": 31.711036,
        "activity_lines": [
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      },
      {
        "date": "2026-07-31",
        "close": 9.17,
        "volume": 74392,
        "typical_volume": 58585.85,
        "trend": 9.870967,
        "fair_value": 11.128098,
        "relative_strength": -5.367443,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -44.416999,
        "energy": 52.909099,
        "activity_lines": [
          9.604,
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      },
      {
        "date": "2026-08-07",
        "close": 9.78,
        "volume": 89430,
        "typical_volume": 62372.3,
        "trend": 9.87943,
        "fair_value": 11.118801,
        "relative_strength": -1.262523,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -29.132263,
        "energy": 36.643894,
        "activity_lines": [
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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."
    }
  }
}