{
  "ticker": {
    "uuid": "a49aaab2-93b4-4a9f-b9c3-eef95aa1450f",
    "symbol": "ARPT",
    "name": "Airport City 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": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -65.723,
    "architecture_energy": 67.233,
    "architecture_maturity": 100.0,
    "architecture_confidence": 93.808,
    "architecture_tenure": "Established",
    "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": 11.21,
        "rotation_up": 29.96,
        "upward_expansion": 12.0,
        "deceleration": 60.95,
        "rotation_down": 53.2,
        "downward_expansion": 83.0
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      "activity_lines": [
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      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.5
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    "latest_close": 52.46,
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    "distance_from_trend": -0.986098,
    "trend_direction": "Weakening",
    "fair_value": 5418.619679,
    "distance_from_fair_value": -0.990319,
    "fair_value_direction": "Weakening",
    "relative_strength": -99.039372,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.991092,
    "excess_performance": -1.019992,
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        "label": "Price vs Trend",
        "positive": false,
        "value": -0.986098,
        "read": "Below"
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        "label": "Trend direction",
        "positive": false,
        "value": -0.356884,
        "read": "Falling"
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      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.990319,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.988903,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.990394,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.719254,
        "read": "Weakening"
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      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.991092,
        "read": "Negative"
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      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.381105,
        "read": "Supply-led"
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      "dry_up": 2.274012,
      "accumulation_observations": 2,
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      "annualized_volatility": 6.377289,
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      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
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      },
      {
        "date": "2026-07-24",
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      },
      {
        "date": "2026-07-31",
        "close": 55.1,
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        "trend": 3990.740333,
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      },
      {
        "date": "2026-08-07",
        "close": 52.46,
        "volume": 2404446,
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        "trend": 3773.589,
        "fair_value": 5418.619679,
        "relative_strength": -99.039372,
        "stage": 4,
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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."
    }
  }
}