{ "ticker": { "uuid": "5ee8a6d4-0512-46f2-a6dc-8d08d8b3b382", "symbol": "2070", "name": "Saudi Pharmaceutical Industries and Medical Appliances Corporation", "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": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 73.698, "architecture_energy": 71.527, "architecture_maturity": 7.875, "architecture_confidence": 80.374, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 18.42, "rotation_up": 76.99, "upward_expansion": 90.28, "deceleration": 42.22, "rotation_down": 8.68, "downward_expansion": 14.61 }, "activity_lines": [ 30.793333, 30.084501, 29.733984, 29.598644 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 31.440001, "trend_reference": 29.28911, "distance_from_trend": 0.073437, "trend_direction": "Improving", "fair_value": 30.925085, "distance_from_fair_value": 0.01665, "fair_value_direction": "Improving", "relative_strength": 10.678914, "relative_strength_direction": "Improving", "price_momentum": 0.043825, "excess_performance": 0.075654, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.073437, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.019454, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.01665, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.082552, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.106789, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.049048, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.043825, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 6.055535, "read": "Demand-led" } ], "volume": { "latest": 1853449, "relative_activity": 0.501189, "balance": 6.055535, "dry_up": 1.359344, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 0.038451, "annualized_volatility": 0.258531, "from_high_reference": -0.038947, "from_low_reference": 0.259615 }, "levels": { "trend_reference": 29.28911, "fair_value_reference": 30.925085, "structural_low": 25.4, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 13, "median_return": -0.030888, "positive_rate": 0.307692, "directional_follow_through": 0.307692, "median_excess_return": -0.009024, "regime_survival": 0.538462, "best_return": 0.04862, "worst_return": -0.113569, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": -0.174147, "positive_rate": 0.166667, "directional_follow_through": 0.166667, "median_excess_return": -0.090599, "regime_survival": 0.0, "best_return": 0.032967, "worst_return": -0.270154, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.107471, "positive_rate": 0.2, "directional_follow_through": 0.2, "median_excess_return": -0.045059, "regime_survival": 0.0, "best_return": 0.065816, "worst_return": -0.291595, "sufficient": true }, { "horizon": "Full 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"activity_lines": [ 28.558663, 28.782512, 29.247221, 29.052407 ] }, { "date": "2026-07-03", "close": 28.98, "volume": 2524427, "typical_volume": 2318617.8, "trend": 28.666443, "fair_value": 31.223483, "relative_strength": 4.248072, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.726106, "energy": 10.158103, "activity_lines": [ 28.716503, 28.737879, 29.222587, 29.075389 ] }, { "date": "2026-07-10", "close": 30.040001, "volume": 14605061, "typical_volume": 2962246.9, "trend": 28.727776, "fair_value": 31.172137, "relative_strength": 7.826803, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 38.097106, "energy": 20.204135, "activity_lines": [ 29.204, 28.929442, 29.300523, 29.164006 ] }, { "date": "2026-07-17", "close": 29.4, "volume": 1811230, "typical_volume": 3004547.3, "trend": 28.83511, "fair_value": 31.096175, "relative_strength": 6.005244, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.610813, "energy": 21.1494, "activity_lines": [ 29.369334, 29.022373, 29.313032, 29.207375 ] }, { "date": "2026-07-24", "close": 30.219999, "volume": 13796571, "typical_volume": 3596090.8, "trend": 28.944443, "fair_value": 31.030598, "relative_strength": 7.77801, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 47.942267, "energy": 31.204021, "activity_lines": [ 29.708, 29.263949, 29.397254, 29.296723 ] }, { "date": "2026-07-31", "close": 31.299999, "volume": 2646712, "typical_volume": 3657756.9, "trend": 29.115776, "fair_value": 30.979316, "relative_strength": 13.239877, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 71.76932, "energy": 58.793626, "activity_lines": [ 30.309333, 29.685817, 29.568905, 29.448694 ] }, { "date": "2026-08-07", "close": 31.440001, "volume": 1853449, "typical_volume": 3698101.45, "trend": 29.28911, "fair_value": 30.925085, "relative_strength": 10.678914, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.697842, "energy": 71.526847, "activity_lines": [ 30.793333, 30.084501, 29.733984, 29.598644 ] } ], "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." } } }