{
  "ticker": {
    "uuid": "94c699d8-fd43-458c-9f25-e1f088ece30c",
    "symbol": "4292",
    "name": "Ataa Educational 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.",
  "analysis": {
    "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": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -65.514,
    "architecture_energy": 75.992,
    "architecture_maturity": 28.168,
    "architecture_confidence": 82.035,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 4.03,
        "rotation_up": 10.31,
        "upward_expansion": 17.61,
        "deceleration": 37.77,
        "rotation_down": 75.39,
        "downward_expansion": 93.28
      },
      "activity_lines": [
        46.329333,
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        49.973936,
        51.186883
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.833333
    },
    "latest_close": 46.900002,
    "trend_reference": 52.232863,
    "distance_from_trend": -0.102098,
    "trend_direction": "Weakening",
    "fair_value": 63.098474,
    "distance_from_fair_value": -0.256717,
    "fair_value_direction": "Weakening",
    "relative_strength": -14.474941,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.112709,
    "excess_performance": -0.08088,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.102098,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.054816,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.256717,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.058281,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.144749,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.031674,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.112709,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.316519,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 249538,
      "relative_activity": 1.106519,
      "balance": 1.316519,
      "dry_up": 1.400412,
      "accumulation_observations": 4,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.063244,
      "annualized_volatility": 0.287103,
      "from_high_reference": -0.308157,
      "from_low_reference": 0.116667
    },
    "levels": {
      "trend_reference": 52.232863,
      "fair_value_reference": 63.098474,
      "structural_low": 42.0,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 27,
        "median_return": 0.001786,
        "positive_rate": 0.518519,
        "directional_follow_through": 0.481481,
        "median_excess_return": 0.011085,
        "regime_survival": 0.814815,
        "best_return": 0.239024,
        "worst_return": -0.113129,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 9,
        "median_return": -0.031255,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.032569,
        "regime_survival": 0.555556,
        "best_return": 0.396581,
        "worst_return": -0.084483,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
        "median_return": -0.029945,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.035359,
        "regime_survival": 0.333333,
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        "worst_return": -0.120861,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
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        "positive_rate": 0.666667,
        "directional_follow_through": 0.333333,
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        "best_return": 0.134954,
        "worst_return": -0.177612,
        "sufficient": false
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        "start": "2024-06-14",
        "end": "2024-08-16",
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        "active": false
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      {
        "regime": "rotation_up",
        "label": "Rotation Up",
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      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "tenure": "New",
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        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2025-01-31",
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      },
      {
        "regime": "balance",
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      {
        "regime": "downward_expansion",
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      {
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        "typical_volume": 238137.45,
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        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
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      },
      {
        "date": "2026-04-24",
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      },
      {
        "date": "2026-05-01",
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      },
      {
        "date": "2026-05-08",
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      },
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        "date": "2026-05-15",
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      },
      {
        "date": "2026-05-22",
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      },
      {
        "date": "2026-06-05",
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        "relative_strength": -9.575562,
        "stage": 4,
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        "modifier": "Early contraction",
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      },
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        "date": "2026-06-12",
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        "date": "2026-06-19",
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      },
      {
        "date": "2026-06-26",
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        "energy": 39.400614,
        "activity_lines": [
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      },
      {
        "date": "2026-07-03",
        "close": 50.650002,
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        "trend": 53.907206,
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        "relative_strength": -9.553609,
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        "regime": "downward_expansion",
        "modifier": "Early contraction",
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      },
      {
        "date": "2026-07-10",
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        "volume": 452697,
        "typical_volume": 185404.7,
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        "fair_value": 63.734679,
        "relative_strength": -13.304605,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.936296,
        "energy": 65.303089,
        "activity_lines": [
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      },
      {
        "date": "2026-07-17",
        "close": 45.439999,
        "volume": 188689,
        "typical_volume": 188776.6,
        "trend": 53.137604,
        "fair_value": 63.570407,
        "relative_strength": -17.336111,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -85.467621,
        "energy": 83.794436,
        "activity_lines": [
          48.394667,
          49.918546,
          51.707375,
          52.43295
        ]
      },
      {
        "date": "2026-07-24",
        "close": 47.200001,
        "volume": 649885,
        "typical_volume": 213380.45,
        "trend": 52.793742,
        "fair_value": 63.415627,
        "relative_strength": -14.380074,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.12565,
        "energy": 76.407165,
        "activity_lines": [
          47.606667,
          49.266364,
          51.177539,
          52.049878
        ]
      },
      {
        "date": "2026-07-31",
        "close": 44.919998,
        "volume": 175150,
        "typical_volume": 216431.05,
        "trend": 52.402686,
        "fair_value": 63.24504,
        "relative_strength": -16.525128,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.909079,
        "energy": 83.260115,
        "activity_lines": [
          46.461999,
          48.296,
          50.464315,
          51.541895
        ]
      },
      {
        "date": "2026-08-07",
        "close": 46.900002,
        "volume": 249538,
        "typical_volume": 225516.15,
        "trend": 52.232863,
        "fair_value": 63.098474,
        "relative_strength": -14.474941,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.51374,
        "energy": 75.991658,
        "activity_lines": [
          46.329333,
          47.806182,
          49.973936,
          51.186883
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      }
    ],
    "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."
    }
  }
}