{ "ticker": { "uuid": "1e1e8dd5-10bc-4771-b51e-7f22443755ee", "symbol": "4014", "name": "Scientific and Medical Equipment House 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": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -70.662, "architecture_energy": 77.268, "architecture_maturity": 72.437, "architecture_confidence": 82.418, "architecture_tenure": "Extended", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 7.8, "rotation_up": 9.47, "upward_expansion": 17.3, "deceleration": 37.2, "rotation_down": 79.91, "downward_expansion": 95.3 }, "activity_lines": [ 27.738667, 28.40143, 28.985736, 29.359232 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -1.0 }, "latest_close": 27.52, "trend_reference": 29.927995, "distance_from_trend": -0.08046, "trend_direction": "Weakening", "fair_value": 41.487651, "distance_from_fair_value": -0.33667, "fair_value_direction": "Weakening", "relative_strength": -13.821051, "relative_strength_direction": "Weakening", "price_momentum": -0.113973, "excess_performance": -0.082144, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.08046, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.050745, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.33667, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.029925, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.138211, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.01289, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.113973, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.619668, "read": "Supply-led" } ], "volume": { "latest": 245926, "relative_activity": 0.996643, "balance": 0.619668, "dry_up": 1.398203, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.041303, "annualized_volatility": 0.195381, "from_high_reference": -0.32878, "from_low_reference": 0.058462 }, "levels": { "trend_reference": 29.927995, "fair_value_reference": 41.487651, "structural_low": 26.0, 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196767, "typical_volume": 260628.35, "trend": 30.407995, "fair_value": 41.976935, "relative_strength": -10.771957, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.41787, "energy": 58.718794, "activity_lines": [ 29.078667, 29.311158, 29.642019, 29.886328 ] }, { "date": "2026-07-24", "close": 27.799999, "volume": 113915, "typical_volume": 245926.75, "trend": 30.265328, "fair_value": 41.823978, "relative_strength": -13.320159, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.611784, "energy": 77.538504, "activity_lines": [ 28.562666, 29.027121, 29.444686, 29.71807 ] }, { "date": "2026-07-31", "close": 27.280001, "volume": 823443, "typical_volume": 264947.4, "trend": 30.096661, "fair_value": 41.648112, "relative_strength": -12.911296, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.968774, "energy": 79.929077, "activity_lines": [ 28.032, 28.676075, 29.198497, 29.525468 ] }, { "date": "2026-08-07", "close": 27.52, "volume": 245926, "typical_volume": 246754.4, "trend": 29.927995, "fair_value": 41.487651, "relative_strength": -13.821051, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.661919, "energy": 77.267851, "activity_lines": [ 27.738667, 28.40143, 28.985736, 29.359232 ] } ], "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." } } }