{ "ticker": { "uuid": "d629bccc-3443-4816-8b1e-33079eed5700", "symbol": "9538", "name": "Naseej for Technology Co.", "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": -61.989, "architecture_energy": 36.916, "architecture_maturity": 80.823, "architecture_confidence": 81.809, "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": 31.04, "rotation_up": 27.37, "upward_expansion": 9.27, "deceleration": 55.89, "rotation_down": 41.32, "downward_expansion": 71.27 }, "activity_lines": [ 23.032667, 23.044545, 23.716936, 24.544738 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 22.4, "trend_reference": 26.097777, "distance_from_trend": -0.141689, "trend_direction": "Weakening", "fair_value": 36.560426, "distance_from_fair_value": -0.387316, "fair_value_direction": "Weakening", "relative_strength": -21.051696, "relative_strength_direction": "Weakening", "price_momentum": -0.275862, "excess_performance": -0.244033, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.141689, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.109345, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.387316, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.050521, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.210517, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.036702, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.275862, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.78514, "read": "Supply-led" } ], "volume": { "latest": 2822, "relative_activity": 0.380482, "balance": 0.78514, "dry_up": 0.408425, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.077141, "annualized_volatility": 0.466249, "from_high_reference": -0.36, "from_low_reference": 0.066667 }, "levels": { "trend_reference": 26.097777, "fair_value_reference": 36.560426, "structural_low": 21.0, 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24.345397, 25.52 ] }, { "date": "2026-07-17", "close": 23.75, "volume": 2767, "typical_volume": 8584.05, "trend": 27.114111, "fair_value": 37.058867, "relative_strength": -17.022628, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.691649, "energy": 39.29441, "activity_lines": [ 23.172666, 23.229333, 24.21527, 25.282351 ] }, { "date": "2026-07-24", "close": 23.51, "volume": 6237, "typical_volume": 8170.0, "trend": 26.786666, "fair_value": 36.897606, "relative_strength": -17.902749, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.512216, "energy": 34.415304, "activity_lines": [ 23.328666, 23.222, 24.085635, 25.049828 ] }, { "date": "2026-07-31", "close": 23.0, "volume": 291, "typical_volume": 7316.6, "trend": 26.442222, "fair_value": 36.73735, "relative_strength": -17.548113, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.771189, "energy": 29.497644, "activity_lines": [ 23.247333, 23.187818, 23.924365, 24.805527 ] }, { "date": "2026-08-07", "close": 22.4, "volume": 2822, "typical_volume": 7416.9, "trend": 26.097777, "fair_value": 36.560426, "relative_strength": -21.051696, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.988529, "energy": 36.915572, "activity_lines": [ 23.032667, 23.044545, 23.716936, 24.544738 ] } ], "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." } } }