{
  "ticker": {
    "uuid": "7040f48f-fad2-4163-a80c-8a6e063ff24f",
    "symbol": "6060",
    "name": "Ash-Sharqiyah Development Co.",
    "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": "1b",
    "phase_label": "Stage 1B \u00b7 Basing",
    "transition": "stage_1_building",
    "transition_label": "Base still building",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 55.774,
    "architecture_energy": 38.105,
    "architecture_maturity": 28.413,
    "architecture_confidence": 51.335,
    "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": 35.64,
        "rotation_up": 48.23,
        "upward_expansion": 71.57,
        "deceleration": 69.92,
        "rotation_down": 21.27,
        "downward_expansion": 9.57
      },
      "activity_lines": [
        14.361333,
        14.300182,
        13.615667,
        13.360968
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
    },
    "latest_close": 14.15,
    "trend_reference": 13.264333,
    "distance_from_trend": 0.066771,
    "trend_direction": "Weakening",
    "fair_value": 17.51859,
    "distance_from_fair_value": -0.192287,
    "fair_value_direction": "Improving",
    "relative_strength": 0.709499,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.018719,
    "excess_performance": 0.050548,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.066771,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.015658,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.192287,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.136124,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.007095,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.192063,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.018719,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.925404,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 1242899,
      "relative_activity": 0.588425,
      "balance": 0.925404,
      "dry_up": 1.06997,
      "accumulation_observations": 2,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.076108,
      "annualized_volatility": 0.335554,
      "from_high_reference": -0.191429,
      "from_low_reference": 0.230435
    },
    "levels": {
      "trend_reference": 13.264333,
      "fair_value_reference": 17.51859,
      "structural_low": 11.5,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 7,
        "median_return": -0.056622,
        "positive_rate": 0.285714,
        "directional_follow_through": 0.285714,
        "median_excess_return": -0.034417,
        "regime_survival": 0.571429,
        "best_return": 0.173529,
        "worst_return": -0.156167,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 4,
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        "sufficient": false
      },
      {
        "horizon": "Extended",
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        "regime_survival": 0.0,
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        "worst_return": -0.259095,
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      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
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        "worst_return": -0.383762,
        "sufficient": false
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      {
        "regime": "deceleration",
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        "date": "2026-04-24",
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        "date": "2026-05-08",
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        "date": "2026-05-15",
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      },
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        "date": "2026-06-05",
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      },
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      },
      {
        "date": "2026-07-03",
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        "relative_strength": 11.479322,
        "stage": 1,
        "regime": "rotation_up",
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      },
      {
        "date": "2026-07-10",
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        "typical_volume": 1774120.5,
        "trend": 13.204333,
        "fair_value": 17.711282,
        "relative_strength": 8.099417,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 52.361512,
        "energy": 67.1256,
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      },
      {
        "date": "2026-07-17",
        "close": 15.1,
        "volume": 3730388,
        "typical_volume": 1903100.1,
        "trend": 13.237,
        "fair_value": 17.662949,
        "relative_strength": 7.630579,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 42.019404,
        "energy": 72.764281,
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          14.896,
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          13.181548
        ]
      },
      {
        "date": "2026-07-24",
        "close": 14.33,
        "volume": 2717968,
        "typical_volume": 2015516.2,
        "trend": 13.251333,
        "fair_value": 17.61109,
        "relative_strength": 1.713243,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 65.113272,
        "energy": 80.042445,
        "activity_lines": [
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          13.423429,
          13.252065
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      },
      {
        "date": "2026-07-31",
        "close": 14.04,
        "volume": 1348910,
        "typical_volume": 2055409.95,
        "trend": 13.250667,
        "fair_value": 17.565064,
        "relative_strength": 1.968027,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.742257,
        "energy": 58.340826,
        "activity_lines": [
          14.621333,
          14.218727,
          13.518714,
          13.302946
        ]
      },
      {
        "date": "2026-08-07",
        "close": 14.15,
        "volume": 1242899,
        "typical_volume": 2112247.1,
        "trend": 13.264333,
        "fair_value": 17.51859,
        "relative_strength": 0.709499,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 55.774091,
        "energy": 38.105145,
        "activity_lines": [
          14.361333,
          14.300182,
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          13.360968
        ]
      }
    ],
    "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."
    }
  }
}