{ "ticker": { "uuid": "8456249a-c883-46f7-91d3-dadeebc8f1e1", "symbol": "4340", "name": "Al Rajhi REIT Fund", "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": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 68.76, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": -11.16, "architecture_energy": 25.329, "architecture_maturity": 41.338, "architecture_confidence": 85.534, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 38.81, "rotation_up": 14.24, "upward_expansion": 43.09, "deceleration": 79.97, "rotation_down": 47.46, "downward_expansion": 37.09 }, "activity_lines": [ 8.11, 8.157455, 8.198001, 8.158566 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 8.06, "trend_reference": 8.072243, "distance_from_trend": -0.001517, "trend_direction": "Improving", "fair_value": 7.691374, "distance_from_fair_value": 0.047927, "fair_value_direction": "Weakening", "relative_strength": 2.344165, "relative_strength_direction": "Weakening", "price_momentum": 0.028471, "excess_performance": 0.0603, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.001517, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.015132, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.047927, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.038322, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.023442, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.03177, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.028471, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.534009, "read": "Supply-led" } ], "volume": { "latest": 509524, "relative_activity": 0.615977, "balance": 0.534009, "dry_up": 0.847051, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.01298, "annualized_volatility": 0.068891, "from_high_reference": -0.038186, "from_low_reference": 0.081898 }, "levels": { "trend_reference": 8.072243, "fair_value_reference": 7.691374, "structural_low": 7.698542, "invalidation": "A decisive breakout 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"blue", "start": "2025-01-31", "end": "2025-05-09", "tenure": "Established", "return": 0.031483, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-16", "end": "2025-08-29", "tenure": "Established", "return": -0.003536, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-05", "end": "2025-09-26", "tenure": "New", "return": 0.018248, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-03", "end": "2025-12-05", "tenure": "Developing", "return": -0.014709, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-12", "end": "2025-12-19", "tenure": "New", "return": -0.006196, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-12-26", "end": "2026-01-09", "tenure": "New", "return": -0.022444, "active": false }, { 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34.878817, "energy": 21.946608, "activity_lines": [ 8.225333, 8.252182, 8.216849, 8.137175 ] }, { "date": "2026-07-17", "close": 8.21, "volume": 488702, "typical_volume": 818457.4, "trend": 8.031451, "fair_value": 7.6817, "relative_strength": 5.584556, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.009832, "energy": 19.999562, "activity_lines": [ 8.217333, 8.241091, 8.22227, 8.149663 ] }, { "date": "2026-07-24", "close": 8.14, "volume": 927733, "typical_volume": 818136.55, "trend": 8.044135, "fair_value": 7.685191, "relative_strength": 3.880033, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.912499, "energy": 12.276911, "activity_lines": [ 8.192667, 8.219455, 8.219949, 8.156666 ] }, { "date": "2026-07-31", "close": 8.07, "volume": 876696, "typical_volume": 820549.35, "trend": 8.056421, "fair_value": 7.68818, "relative_strength": 4.973079, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.941665, "energy": 15.36009, "activity_lines": [ 8.148, 8.186909, 8.209843, 8.158335 ] }, { "date": "2026-08-07", "close": 8.06, "volume": 509524, "typical_volume": 827179.9, "trend": 8.072243, "fair_value": 7.691374, "relative_strength": 2.344165, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -11.160077, "energy": 25.329316, "activity_lines": [ 8.11, 8.157455, 8.198001, 8.158566 ] } ], "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." } } }