{
  "ticker": {
    "uuid": "97e74120-8ea2-441b-9e21-522a3951717d",
    "symbol": "2281",
    "name": "Tanmiah Food 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": "4a",
    "phase_label": "Stage 4A \u00b7 Breakdown",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 62.753,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Upper balance after advance",
    "architecture_gate": "mixed",
    "architecture_direction": -8.304,
    "architecture_energy": 8.959,
    "architecture_maturity": 14.108,
    "architecture_confidence": 54.094,
    "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": 55.88,
        "rotation_up": 27.18,
        "upward_expansion": 21.03,
        "deceleration": 64.09,
        "rotation_down": 34.72,
        "downward_expansion": 32.36
      },
      "activity_lines": [
        56.779999,
        57.070909,
        58.512857,
        58.194322
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Stable",
      "price_acceptance": -0.166667
    },
    "latest_close": 56.799999,
    "trend_reference": 57.872333,
    "distance_from_trend": -0.018529,
    "trend_direction": "Weakening",
    "fair_value": 96.404979,
    "distance_from_fair_value": -0.410819,
    "fair_value_direction": "Weakening",
    "relative_strength": -9.801168,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.004421,
    "excess_performance": 0.03625,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.018529,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.025893,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.410819,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.029365,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.098012,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.03604,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.004421,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.407961,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 324323,
      "relative_activity": 0.785341,
      "balance": 1.407961,
      "dry_up": 1.895666,
      "accumulation_observations": 2,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.075704,
      "annualized_volatility": 0.355459,
      "from_high_reference": -0.358192,
      "from_low_reference": 0.273543
    },
    "levels": {
      "trend_reference": 57.872333,
      "fair_value_reference": 96.404979,
      "structural_low": 44.599998,
      "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": 8,
        "median_return": -0.052294,
        "positive_rate": 0.125,
        "directional_follow_through": 0.125,
        "median_excess_return": -0.044852,
        "regime_survival": 0.375,
        "best_return": 0.327198,
        "worst_return": -0.1168,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 4,
        "median_return": -0.167582,
        "positive_rate": 0.25,
        "directional_follow_through": 0.25,
        "median_excess_return": -0.146208,
        "regime_survival": 0.0,
        "best_return": 0.498998,
        "worst_return": -0.287577,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": -0.201175,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.161378,
        "regime_survival": 0.333333,
        "best_return": 0.211439,
        "worst_return": -0.234663,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": -0.239264,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.230219,
        "regime_survival": 0.0,
        "best_return": -0.07284,
        "worst_return": -0.405687,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-01-26",
        "end": "2024-02-09",
        "tenure": "New",
        "return": 0.075665,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-02-16",
        "end": "2024-02-23",
        "tenure": "New",
        "return": 0.036741,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-03-01",
        "end": "2024-04-26",
        "tenure": "Developing",
        "return": 0.031579,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-05-03",
        "end": "2024-08-23",
        "tenure": "Established",
        "return": -0.006268,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-08-30",
        "end": "2024-09-20",
        "tenure": "New",
        "return": 0.085672,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-09-27",
        "end": "2024-10-25",
        "tenure": "Developing",
        "return": -0.045714,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-11-01",
        "end": "2024-12-13",
        "tenure": "Developing",
        "return": -0.086637,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-12-20",
        "end": "2025-01-10",
        "tenure": "New",
        "return": -0.07365,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-01-17",
        "end": "2025-03-07",
        "tenure": "Developing",
        "return": 0.123894,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-03-14",
        "end": "2025-04-11",
        "tenure": "Developing",
        "return": -0.1168,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-18",
        "end": "2026-04-24",
        "tenure": "Extended",
        "return": -0.412956,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-05-01",
        "end": "2026-05-29",
        "tenure": "Developing",
        "return": -0.08104,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-06-05",
        "end": "2026-07-17",
        "tenure": "Developing",
        "return": 0.001643,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-07-24",
        "end": "2026-08-07",
        "tenure": "New",
        "return": -0.02069,
        "active": true
      }
    ],
    "chart_path": [
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        "date": "2023-08-04",
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      },
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      },
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      },
      {
        "date": "2026-04-17",
        "close": 61.299999,
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        "typical_volume": 318217.0,
        "trend": 63.190667,
        "fair_value": 103.089768,
        "relative_strength": -21.815823,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
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      },
      {
        "date": "2026-04-24",
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      },
      {
        "date": "2026-05-01",
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        "typical_volume": 351242.25,
        "trend": 62.017334,
        "fair_value": 102.286983,
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        "stage": 1,
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      },
      {
        "date": "2026-05-08",
        "close": 63.0,
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        "typical_volume": 361660.1,
        "trend": 61.317334,
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        "relative_strength": -13.405161,
        "stage": 1,
        "regime": "rotation_up",
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      },
      {
        "date": "2026-05-15",
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        "typical_volume": 363807.45,
        "trend": 60.637333,
        "fair_value": 101.377714,
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      },
      {
        "date": "2026-05-22",
        "close": 60.099998,
        "volume": 181504,
        "typical_volume": 354648.2,
        "trend": 60.040667,
        "fair_value": 100.913019,
        "relative_strength": -15.81766,
        "stage": 4,
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        "gate": "mixed",
        "direction": 26.88353,
        "energy": 24.957798,
        "activity_lines": [
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      },
      {
        "date": "2026-05-29",
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        "relative_strength": -15.003184,
        "stage": 4,
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      },
      {
        "date": "2026-06-05",
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        "volume": 136547,
        "typical_volume": 326655.4,
        "trend": 58.974,
        "fair_value": 100.017207,
        "relative_strength": -12.845989,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
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        "energy": 10.786741,
        "activity_lines": [
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      },
      {
        "date": "2026-06-12",
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        "volume": 179983,
        "typical_volume": 303316.0,
        "trend": 58.854,
        "fair_value": 99.609887,
        "relative_strength": -14.116703,
        "stage": 4,
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        "modifier": "Recompressing",
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      },
      {
        "date": "2026-06-19",
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        "typical_volume": 295130.55,
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        "relative_strength": -14.953577,
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      },
      {
        "date": "2026-06-26",
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        "volume": 161045,
        "typical_volume": 292568.3,
        "trend": 58.499,
        "fair_value": 98.750203,
        "relative_strength": -17.257217,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -10.46982,
        "energy": 14.285412,
        "activity_lines": [
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      },
      {
        "date": "2026-07-03",
        "close": 55.200001,
        "volume": 136426,
        "typical_volume": 288875.2,
        "trend": 58.245667,
        "fair_value": 98.301073,
        "relative_strength": -16.429036,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -25.326145,
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      },
      {
        "date": "2026-07-10",
        "close": 56.599998,
        "volume": 666134,
        "typical_volume": 306275.5,
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        "fair_value": 97.886781,
        "relative_strength": -13.283798,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -15.200722,
        "energy": 24.509144,
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          56.593333,
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      },
      {
        "date": "2026-07-17",
        "close": 60.950001,
        "volume": 1845519,
        "typical_volume": 383656.35,
        "trend": 58.044,
        "fair_value": 97.506531,
        "relative_strength": -5.069438,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": 0.692609,
        "energy": 11.475081,
        "activity_lines": [
          57.823333,
          58.334545,
          59.230809,
          58.539935
        ]
      },
      {
        "date": "2026-07-24",
        "close": 58.0,
        "volume": 687957,
        "typical_volume": 406104.4,
        "trend": 58.060667,
        "fair_value": 97.151706,
        "relative_strength": -9.479001,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -6.55564,
        "energy": 8.731605,
        "activity_lines": [
          57.986667,
          58.167272,
          59.195,
          58.537097
        ]
      },
      {
        "date": "2026-07-31",
        "close": 53.799999,
        "volume": 273623,
        "typical_volume": 400139.65,
        "trend": 57.852334,
        "fair_value": 96.782275,
        "relative_strength": -13.470587,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -25.67922,
        "energy": 16.664874,
        "activity_lines": [
          56.816666,
          57.289091,
          58.715,
          58.262215
        ]
      },
      {
        "date": "2026-08-07",
        "close": 56.799999,
        "volume": 324323,
        "typical_volume": 412971.15,
        "trend": 57.872333,
        "fair_value": 96.404979,
        "relative_strength": -9.801168,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -8.304009,
        "energy": 8.959159,
        "activity_lines": [
          56.779999,
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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."
    }
  }
}