{ "ticker": { "uuid": "a7c0d05e-5e96-4d95-aec5-d564cae78caa", "symbol": "ORA", "name": "Ormat Technologies, Inc.", "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": -68.083, "architecture_energy": 67.62, "architecture_maturity": 90.659, "architecture_confidence": 89.571, "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": 4.54, "rotation_up": 29.84, "upward_expansion": 12.0, "deceleration": 60.64, "rotation_down": 58.87, "downward_expansion": 87.67 }, "activity_lines": [ 316.393333, 330.98, 9839.275063, 16417.345879 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.833333 }, "latest_close": 320.9, "trend_reference": 24178.789557, "distance_from_trend": -0.986728, "trend_direction": "Weakening", "fair_value": 27190.480076, "distance_from_fair_value": -0.988198, "fair_value_direction": "Weakening", "relative_strength": -98.994523, "relative_strength_direction": "Weakening", "price_momentum": -0.991555, "excess_performance": -1.020455, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.986728, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.331366, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.988198, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -1.226884, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.989945, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.817231, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.991555, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 2.146425, "read": "Demand-led" } ], "volume": { "latest": 917000, "relative_activity": 2.081658, "balance": 2.146425, "dry_up": 1.303663, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 11.745565, "annualized_volatility": 6.282724, "from_high_reference": -0.992264, "from_low_reference": 0.107315 }, "levels": { "trend_reference": 24178.789557, "fair_value_reference": 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"typical_volume": 438841.95, "trend": 26547.056745, "fair_value": 27561.414408, "relative_strength": -99.058803, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.818845, "energy": 68.981723, "activity_lines": [ 328.373333, 2440.001818, 13710.55628, 19727.193713 ] }, { "date": "2026-07-31", "close": 300.6, "volume": 417185, "typical_volume": 428862.65, "trend": 25377.084688, "fair_value": 27373.350245, "relative_strength": -99.076758, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.628412, "energy": 68.395947, "activity_lines": [ 316.953333, 1036.56, 11692.022132, 18033.873923 ] }, { "date": "2026-08-07", "close": 320.9, "volume": 917000, "typical_volume": 440514.2, "trend": 24178.789557, "fair_value": 27190.480076, "relative_strength": -98.994523, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.082968, "energy": 67.619784, "activity_lines": [ 316.393333, 330.98, 9839.275063, 16417.345879 ] } ], "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." } } }