{
  "ticker": {
    "uuid": "2cd45951-cf53-4fa3-92be-b32ec5cafe71",
    "symbol": "DUNI",
    "name": "Duniec Bros. Ltd",
    "exchange": "TLV",
    "country": "IL",
    "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": "TA35.TA",
    "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": -66.96,
    "architecture_energy": 67.067,
    "architecture_maturity": 93.402,
    "architecture_confidence": 95.732,
    "architecture_tenure": "Established",
    "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": 7.53,
        "rotation_up": 29.91,
        "upward_expansion": 12.0,
        "deceleration": 58.91,
        "rotation_down": 55.73,
        "downward_expansion": 85.33
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      "activity_lines": [
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      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.666667
    },
    "latest_close": 211.0,
    "trend_reference": 17024.656667,
    "distance_from_trend": -0.987606,
    "trend_direction": "Weakening",
    "fair_value": 20726.472436,
    "distance_from_fair_value": -0.98982,
    "fair_value_direction": "Weakening",
    "relative_strength": -99.093889,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.991986,
    "excess_performance": -1.020887,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.987606,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.351812,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.98982,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -1.238135,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.990939,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.828598,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.991986,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.567234,
        "read": "Supply-led"
      }
    ],
    "volume": {
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      "relative_activity": 1.994235,
      "balance": 0.567234,
      "dry_up": 0.956361,
      "accumulation_observations": 1,
      "distribution_observations": 1
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    "risk": {
      "range_context": 12.378126,
      "annualized_volatility": 6.306529,
      "from_high_reference": -0.99318,
      "from_low_reference": 0.012962
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    "levels": {
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      "fair_value_reference": 20726.472436,
      "structural_low": 208.3,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
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    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 17,
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        "positive_rate": 0.705882,
        "directional_follow_through": 0.294118,
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        "sufficient": true
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        "horizon": "Intermediate",
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        "horizon": "Extended",
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        "sufficient": false
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      {
        "horizon": "Full cycle",
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      },
      {
        "date": "2026-07-17",
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      },
      {
        "date": "2026-07-24",
        "close": 250.9,
        "volume": 22008,
        "typical_volume": 68090.45,
        "trend": 18893.216667,
        "fair_value": 20966.708333,
        "relative_strength": -98.994052,
        "stage": 4,
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        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.107608,
        "energy": 67.903734,
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      },
      {
        "date": "2026-07-31",
        "close": 252.2,
        "volume": 78766,
        "typical_volume": 69997.8,
        "trend": 17969.956667,
        "fair_value": 20846.914744,
        "relative_strength": -98.937258,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
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        "energy": 67.256035,
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      },
      {
        "date": "2026-08-07",
        "close": 211.0,
        "volume": 149986,
        "typical_volume": 75209.8,
        "trend": 17024.656667,
        "fair_value": 20726.472436,
        "relative_strength": -99.093889,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
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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."
    }
  }
}