{
  "ticker": {
    "uuid": "3a6bf99e-2d4c-4898-8beb-78248f5e15fb",
    "symbol": "HAMAT",
    "name": "Hamat Group 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": -67.004,
    "architecture_energy": 67.451,
    "architecture_maturity": 84.264,
    "architecture_confidence": 95.841,
    "architecture_tenure": "Developing",
    "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": 7.88,
        "rotation_up": 29.99,
        "upward_expansion": 12.0,
        "deceleration": 59.65,
        "rotation_down": 55.95,
        "downward_expansion": 85.33
      },
      "activity_lines": [
        14.948,
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        341.337619,
        671.987527
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      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.666667
    },
    "latest_close": 14.14,
    "trend_reference": 1061.324333,
    "distance_from_trend": -0.986677,
    "trend_direction": "Weakening",
    "fair_value": 1297.955067,
    "distance_from_fair_value": -0.989106,
    "fair_value_direction": "Weakening",
    "relative_strength": -99.013902,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.990959,
    "excess_performance": -1.019859,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.986677,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.338435,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.989106,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -1.118945,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.990139,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.732315,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.990959,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.548321,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 31690,
      "relative_activity": 0.345162,
      "balance": 0.548321,
      "dry_up": 0.821179,
      "accumulation_observations": 1,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 9.353933,
      "annualized_volatility": 6.324045,
      "from_high_reference": -0.992844,
      "from_low_reference": 0.029862
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    "levels": {
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      "fair_value_reference": 1297.955067,
      "structural_low": 13.73,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 22,
        "median_return": -0.037991,
        "positive_rate": 0.363636,
        "directional_follow_through": 0.636364,
        "median_excess_return": -0.02933,
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        "worst_return": -0.27521,
        "sufficient": true
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        "horizon": "Intermediate",
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        "sufficient": true
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        "date": "2026-03-27",
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      {
        "date": "2026-07-03",
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      {
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 95081.75,
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        "regime": "downward_expansion",
        "modifier": "Early contraction",
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          896.889591
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      },
      {
        "date": "2026-07-24",
        "close": 15.25,
        "volume": 4547,
        "typical_volume": 91821.25,
        "trend": 1177.570333,
        "fair_value": 1315.315366,
        "relative_strength": -99.015076,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.501711,
        "energy": 80.828085,
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          15.314667,
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      },
      {
        "date": "2026-07-31",
        "close": 15.48,
        "volume": 17589,
        "typical_volume": 91425.05,
        "trend": 1119.819667,
        "fair_value": 1306.642715,
        "relative_strength": -98.945845,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.027835,
        "energy": 67.824647,
        "activity_lines": [
          15.364,
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          743.321699
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      },
      {
        "date": "2026-08-07",
        "close": 14.14,
        "volume": 31690,
        "typical_volume": 91811.85,
        "trend": 1061.324333,
        "fair_value": 1297.955067,
        "relative_strength": -99.013902,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.004258,
        "energy": 67.450637,
        "activity_lines": [
          14.948,
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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."
    }
  }
}