{
  "ticker": {
    "uuid": "5ff0c505-b0fa-4484-a46f-1bc49c26561a",
    "symbol": "4145",
    "name": "Al Obeikan Glass 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.",
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    "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": 88.045,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Balance after decline",
    "architecture_gate": "down",
    "architecture_direction": -33.808,
    "architecture_energy": 13.794,
    "architecture_maturity": 18.081,
    "architecture_confidence": 70.872,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "Directional pressure has compressed into balance.",
        "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base."
      },
      "scores": {
        "balance": 47.48,
        "rotation_up": 28.5,
        "upward_expansion": 22.38,
        "deceleration": 33.18,
        "rotation_down": 36.69,
        "downward_expansion": 56.38
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      "activity_lines": [
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        24.540796
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      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.0
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    "latest_close": 24.01,
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    "distance_from_trend": -0.029899,
    "trend_direction": "Weakening",
    "fair_value": 39.017914,
    "distance_from_fair_value": -0.384642,
    "fair_value_direction": "Weakening",
    "relative_strength": -8.336127,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.065759,
    "excess_performance": -0.033929,
    "evidence": [
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        "label": "Price vs Trend",
        "positive": false,
        "value": -0.029899,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.03891,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.384642,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.004329,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.083361,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.012885,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.065759,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.714834,
        "read": "Supply-led"
      }
    ],
    "volume": {
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      "balance": 0.714834,
      "dry_up": 0.82205,
      "accumulation_observations": 2,
      "distribution_observations": 1
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    "risk": {
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      "annualized_volatility": 0.311037,
      "from_high_reference": -0.37539,
      "from_low_reference": 0.057709
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      "structural_low": 22.700001,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
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        "sufficient": true
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        "horizon": "Intermediate",
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        "horizon": "Extended",
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        "horizon": "Full cycle",
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        "date": "2026-05-15",
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        "trend": 26.434667,
        "fair_value": 41.429401,
        "relative_strength": -17.468714,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -49.635929,
        "energy": 27.41546,
        "activity_lines": [
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      },
      {
        "date": "2026-05-22",
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        "typical_volume": 600314.75,
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        "fair_value": 41.226433,
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        "stage": 4,
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        "modifier": "Balance after decline",
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        "energy": 39.639897,
        "activity_lines": [
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        ]
      },
      {
        "date": "2026-05-29",
        "close": 23.049999,
        "volume": 0,
        "typical_volume": 600314.75,
        "trend": 25.752,
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        "relative_strength": -18.108477,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
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        "direction": -62.496323,
        "energy": 54.82095,
        "activity_lines": [
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      },
      {
        "date": "2026-06-05",
        "close": 23.809999,
        "volume": 525994,
        "typical_volume": 626614.45,
        "trend": 25.503,
        "fair_value": 40.838688,
        "relative_strength": -14.744282,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
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        "direction": -56.0555,
        "energy": 62.011276,
        "activity_lines": [
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      },
      {
        "date": "2026-06-12",
        "close": 24.040001,
        "volume": 765790,
        "typical_volume": 664903.95,
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        "fair_value": 40.65938,
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        "stage": 4,
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      },
      {
        "date": "2026-06-19",
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        "volume": 481578,
        "typical_volume": 688982.85,
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      },
      {
        "date": "2026-06-26",
        "close": 23.65,
        "volume": 392102,
        "typical_volume": 708587.95,
        "trend": 24.987667,
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        "relative_strength": -13.926252,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -51.796882,
        "energy": 29.37601,
        "activity_lines": [
          23.752,
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          24.588581
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      },
      {
        "date": "2026-07-03",
        "close": 25.299999,
        "volume": 1258330,
        "typical_volume": 771504.45,
        "trend": 24.944334,
        "fair_value": 40.059855,
        "relative_strength": -6.490307,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -21.376052,
        "energy": 11.163389,
        "activity_lines": [
          24.294666,
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      },
      {
        "date": "2026-07-10",
        "close": 24.780001,
        "volume": 402655,
        "typical_volume": 791637.2,
        "trend": 24.891,
        "fair_value": 39.845779,
        "relative_strength": -7.65048,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -23.182473,
        "energy": 14.092557,
        "activity_lines": [
          24.514,
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          24.415857,
          24.598129
        ]
      },
      {
        "date": "2026-07-17",
        "close": 26.040001,
        "volume": 1271375,
        "typical_volume": 855205.95,
        "trend": 24.902334,
        "fair_value": 39.641999,
        "relative_strength": -1.469841,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 14.120899,
        "energy": 17.708597,
        "activity_lines": [
          25.088667,
          24.514364,
          24.563809,
          24.672258
        ]
      },
      {
        "date": "2026-07-24",
        "close": 24.4,
        "volume": 723883,
        "typical_volume": 885251.3,
        "trend": 24.859,
        "fair_value": 39.429927,
        "relative_strength": -7.514161,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 5.744814,
        "energy": 14.109092,
        "activity_lines": [
          24.983334,
          24.570727,
          24.553952,
          24.639849
        ]
      },
      {
        "date": "2026-07-31",
        "close": 24.120001,
        "volume": 453340,
        "typical_volume": 887585.1,
        "trend": 24.806334,
        "fair_value": 39.218724,
        "relative_strength": -6.15657,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -20.282863,
        "energy": 13.329525,
        "activity_lines": [
          24.745334,
          24.557455,
          24.509857,
          24.592172
        ]
      },
      {
        "date": "2026-08-07",
        "close": 24.01,
        "volume": 535396,
        "typical_volume": 907486.1,
        "trend": 24.75,
        "fair_value": 39.017914,
        "relative_strength": -8.336127,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -33.808052,
        "energy": 13.7944,
        "activity_lines": [
          24.439334,
          24.504728,
          24.450429,
          24.540796
        ]
      }
    ],
    "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."
    }
  }
}