{
  "ticker": {
    "uuid": "df17f122-ed68-4d00-9f04-7288c78010cd",
    "symbol": "4002",
    "name": "Mouwasat Medical Services 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": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 78.27,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -61.534,
    "architecture_energy": 50.128,
    "architecture_maturity": 21.074,
    "architecture_confidence": 88.028,
    "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": 12.55,
        "rotation_up": 19.77,
        "upward_expansion": 7.19,
        "deceleration": 50.31,
        "rotation_down": 58.96,
        "downward_expansion": 80.52
      },
      "activity_lines": [
        62.063334,
        62.432727,
        63.967643,
        64.941345
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.666667
    },
    "latest_close": 63.5,
    "trend_reference": 65.787651,
    "distance_from_trend": -0.034773,
    "trend_direction": "Weakening",
    "fair_value": 85.75884,
    "distance_from_fair_value": -0.259552,
    "fair_value_direction": "Improving",
    "relative_strength": -4.883412,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.038023,
    "excess_performance": -0.006194,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.034773,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.024933,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.259552,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.000681,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.048834,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.002321,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.038023,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.518483,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 1980060,
      "relative_activity": 1.262564,
      "balance": 0.518483,
      "dry_up": 0.950517,
      "accumulation_observations": 2,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.034403,
      "annualized_volatility": 0.214986,
      "from_high_reference": -0.178925,
      "from_low_reference": 0.100573
    },
    "levels": {
      "trend_reference": 65.787651,
      "fair_value_reference": 85.75884,
      "structural_low": 57.697202,
      "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": 26,
        "median_return": -0.008397,
        "positive_rate": 0.461538,
        "directional_follow_through": 0.538462,
        "median_excess_return": 0.001578,
        "regime_survival": 0.769231,
        "best_return": 0.275787,
        "worst_return": -0.12312,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 10,
        "median_return": -0.003163,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.028177,
        "regime_survival": 0.4,
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        "worst_return": -0.188073,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
        "median_return": 0.108038,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.09994,
        "regime_survival": 0.166667,
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        "worst_return": -0.214679,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
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        "positive_rate": 0.666667,
        "directional_follow_through": 0.333333,
        "median_excess_return": 0.171683,
        "regime_survival": 0.333333,
        "best_return": 0.193507,
        "worst_return": -0.297657,
        "sufficient": false
      }
    ],
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        "regime": "balance",
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      {
        "regime": "rotation_up",
        "label": "Rotation Up",
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        "tenure": "Developing",
        "return": 0.072758,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "tenure": "Established",
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      {
        "regime": "rotation_down",
        "label": "Rotation Down",
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      {
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      {
        "regime": "downward_expansion",
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      },
      {
        "regime": "balance",
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      },
      {
        "regime": "upward_expansion",
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      },
      {
        "regime": "downward_expansion",
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      {
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      {
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      },
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      },
      {
        "date": "2026-07-17",
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        "stage": 4,
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        "modifier": "Early contraction",
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        "direction": -79.164482,
        "energy": 82.628852,
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          62.2,
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          65.717448
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      },
      {
        "date": "2026-07-24",
        "close": 60.25,
        "volume": 1121379,
        "typical_volume": 1638337.4,
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        "fair_value": 86.503386,
        "relative_strength": -9.964625,
        "stage": 4,
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        "modifier": "Early contraction",
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        "direction": -78.407226,
        "energy": 86.363354,
        "activity_lines": [
          61.31,
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          65.333885
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      },
      {
        "date": "2026-07-31",
        "close": 62.200001,
        "volume": 1365492,
        "typical_volume": 1538003.2,
        "trend": 65.830325,
        "fair_value": 86.134101,
        "relative_strength": -4.930175,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.905986,
        "energy": 78.456231,
        "activity_lines": [
          61.443334,
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        ]
      },
      {
        "date": "2026-08-07",
        "close": 63.5,
        "volume": 1980060,
        "typical_volume": 1568284.9,
        "trend": 65.787651,
        "fair_value": 85.75884,
        "relative_strength": -4.883412,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.53398,
        "energy": 50.127718,
        "activity_lines": [
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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."
    }
  }
}