{ "ticker": { "uuid": "a1980da8-c93d-489a-a05c-244a2f59a419", "symbol": "ARF", "name": "Ashdod Refinery Ltd", "exchange": "TLV", "country": "IL", "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": "TA35.TA", "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": "Early contraction", "architecture_gate": "down", "architecture_direction": -53.166, "architecture_energy": 61.203, "architecture_maturity": 65.913, "architecture_confidence": 61.159, "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": 25.74, "rotation_up": 27.32, "upward_expansion": 22.5, "deceleration": 63.4, "rotation_down": 46.18, "downward_expansion": 67.83 }, "activity_lines": [ 117.193333, 111.953455, 2618.437333, 3951.847828 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 112.1, "trend_reference": 5206.914667, "distance_from_trend": -0.978471, "trend_direction": "Weakening", "fair_value": 6489.863481, "distance_from_fair_value": -0.982727, "fair_value_direction": "Weakening", "relative_strength": -98.116692, "relative_strength_direction": "Weakening", "price_momentum": -0.982366, "excess_performance": -1.011266, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.978471, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.267728, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.982727, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -1.388478, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.981167, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -1.157221, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.982366, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 2.438876, "read": "Demand-led" } ], "volume": { "latest": 125853, "relative_activity": 0.756011, "balance": 2.438876, "dry_up": 0.683755, "accumulation_observations": 3, "distribution_observations": 0 }, "risk": { "range_context": 9.852453, "annualized_volatility": 6.361099, "from_high_reference": -0.989874, "from_low_reference": 0.361759 }, "levels": { "trend_reference": 5206.914667, "fair_value_reference": 6489.863481, 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170983.05, "trend": 5408.344667, "fair_value": 6531.54821, "relative_strength": -98.058941, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.815237, "energy": 65.522179, "activity_lines": [ 119.053333, 289.650545, 3090.900857, 4293.541032 ] }, { "date": "2026-08-07", "close": 112.1, "volume": 125853, "typical_volume": 166469.7, "trend": 5206.914667, "fair_value": 6489.863481, "relative_strength": -98.116692, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.165756, "energy": 61.203175, "activity_lines": [ 117.193333, 111.953455, 2618.437333, 3951.847828 ] } ], "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." } } }