{ "ticker": { "uuid": "8e0988cf-e7af-4f20-bd5f-96dde4896b78", "symbol": "9603", "name": "Horizon Educational 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": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 90.649, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 57.687, "architecture_energy": 47.176, "architecture_maturity": 7.153, "architecture_confidence": 92.708, "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": 34.15, "rotation_up": 59.13, "upward_expansion": 81.78, "deceleration": 49.14, "rotation_down": 14.33, "downward_expansion": 8.45 }, "activity_lines": [ 76.586666, 75.66, 74.874286, 73.945973 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 77.349998, "trend_reference": 72.669419, "distance_from_trend": 0.064409, "trend_direction": "Weakening", "fair_value": 72.100599, "distance_from_fair_value": 0.072807, "fair_value_direction": "Improving", "relative_strength": 8.153786, "relative_strength_direction": "Improving", "price_momentum": 0.127314, "excess_performance": 0.159143, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.064409, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.008465, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.072807, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.11011, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.081538, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.122214, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.127314, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.57636, "read": "Demand-led" } ], "volume": { "latest": 678, "relative_activity": 0.375925, "balance": 3.57636, "dry_up": 0.810485, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 0.056884, "annualized_volatility": 0.358126, "from_high_reference": -0.139165, "from_low_reference": 0.271516 }, "levels": { "trend_reference": 72.669419, "fair_value_reference": 72.100599, "structural_low": 65.099998, 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4050, "typical_volume": 1811.15, "trend": 72.407598, "fair_value": 72.053729, "relative_strength": 11.047703, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 59.204059, "energy": 40.172355, "activity_lines": [ 75.88, 75.271818, 74.521191, 73.627109 ] }, { "date": "2026-08-07", "close": 77.349998, "volume": 678, "typical_volume": 1803.55, "trend": 72.669419, "fair_value": 72.100599, "relative_strength": 8.153786, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.686753, "energy": 47.176368, "activity_lines": [ 76.586666, 75.66, 74.874286, 73.945973 ] } ], "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." } } }