{ "ticker": { "uuid": "2d6be6c3-af2d-4388-907b-8dffb34e9325", "symbol": "2282", "name": "Naqi Water 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": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 53.558, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Emerging rotation", "architecture_gate": "mixed", "architecture_direction": 35.235, "architecture_energy": 44.172, "architecture_maturity": 7.509, "architecture_confidence": 61.749, "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": 34.32, "rotation_up": 58.83, "upward_expansion": 55.59, "deceleration": 27.68, "rotation_down": 20.61, "downward_expansion": 16.25 }, "activity_lines": [ 56.444387, 55.723972, 54.785589, 54.346191 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 56.950001, "trend_reference": 54.557017, "distance_from_trend": 0.043862, "trend_direction": "Weakening", "fair_value": 61.579439, "distance_from_fair_value": -0.075178, "fair_value_direction": "Improving", "relative_strength": 5.96889, "relative_strength_direction": "Improving", "price_momentum": -0.000877, "excess_performance": 0.030952, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.043862, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.005493, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.075178, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.076433, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.059689, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.05459, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.000877, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.542517, "read": "Demand-led" } ], "volume": { "latest": 199655, "relative_activity": 1.147102, "balance": 1.542517, "dry_up": 1.119906, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.042641, "annualized_volatility": 0.151609, "from_high_reference": -0.121142, "from_low_reference": 0.159406 }, "levels": { "trend_reference": 54.557017, "fair_value_reference": 61.579439, "structural_low": 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"fair_value": 61.987488, "relative_strength": 3.711108, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.754058, "energy": 26.389968, "activity_lines": [ 54.986667, 54.457815, 53.845664, 53.937417 ] }, { "date": "2026-07-24", "close": 57.424564, "volume": 132163, "typical_volume": 160382.7, "trend": 54.677017, "fair_value": 61.833351, "relative_strength": 7.826179, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 44.509407, "energy": 53.451121, "activity_lines": [ 55.922457, 55.047991, 54.243308, 54.11129 ] }, { "date": "2026-07-31", "close": 56.0, "volume": 220268, "typical_volume": 165311.8, "trend": 54.632017, "fair_value": 61.698329, "relative_strength": 6.952943, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 30.115966, "energy": 46.679491, "activity_lines": [ 56.088422, 55.322345, 54.480639, 54.196644 ] }, { "date": "2026-08-07", "close": 56.950001, "volume": 199655, "typical_volume": 174051.65, "trend": 54.557017, "fair_value": 61.579439, "relative_strength": 5.96889, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 35.235037, "energy": 44.172304, "activity_lines": [ 56.444387, 55.723972, 54.785589, 54.346191 ] } ], "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." } } }