{
  "ticker": {
    "uuid": "088dc535-175d-4cf0-9776-3746a6be8363",
    "symbol": "ARMANFIN",
    "name": "Arman Financial Services Limited",
    "exchange": "NSI",
    "country": "IN",
    "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": "^NSEI",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2a",
    "phase_label": "Stage 2A \u00b7 Early advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 80.221,
    "architecture_energy": 86.283,
    "architecture_maturity": 38.719,
    "architecture_confidence": 82.255,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 5.03,
        "rotation_up": 83.67,
        "upward_expansion": 97.71,
        "deceleration": 39.09,
        "rotation_down": 9.27,
        "downward_expansion": 19.71
      },
      "activity_lines": [
        1960.08667,
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 1.0
    },
    "latest_close": 2032.0,
    "trend_reference": 1646.699996,
    "distance_from_trend": 0.233983,
    "trend_direction": "Improving",
    "fair_value": 1759.236533,
    "distance_from_fair_value": 0.155046,
    "fair_value_direction": "Improving",
    "relative_strength": 27.673518,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.287788,
    "excess_performance": 0.331497,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.233983,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.04721,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.155046,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.169453,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.276735,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.116731,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.287788,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.609752,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 295480,
      "relative_activity": 1.5142,
      "balance": 2.609752,
      "dry_up": 1.459775,
      "accumulation_observations": 4,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.066214,
      "annualized_volatility": 0.439741,
      "from_high_reference": -0.027751,
      "from_low_reference": 0.6
    },
    "levels": {
      "trend_reference": 1646.699996,
      "fair_value_reference": 1759.236533,
      "structural_low": 1301.0,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 27,
        "median_return": 0.00319,
        "positive_rate": 0.518519,
        "directional_follow_through": 0.518519,
        "median_excess_return": 0.019335,
        "regime_survival": 0.666667,
        "best_return": 0.302167,
        "worst_return": -0.161957,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 10,
        "median_return": -0.001551,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.010595,
        "regime_survival": 0.3,
        "best_return": 0.497923,
        "worst_return": -0.247364,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 7,
        "median_return": 0.111172,
        "positive_rate": 0.714286,
        "directional_follow_through": 0.714286,
        "median_excess_return": 0.099427,
        "regime_survival": 0.0,
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        "worst_return": -0.143106,
        "sufficient": true
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      {
        "horizon": "Full cycle",
        "sample_count": 4,
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        "best_return": 1.20142,
        "worst_return": -0.284748,
        "sufficient": false
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        "color": "red",
        "start": "2024-08-09",
        "end": "2025-02-07",
        "tenure": "Extended",
        "return": -0.156632,
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        "regime": "balance",
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        "active": false
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      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "tenure": "New",
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        "regime": "rotation_down",
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      },
      {
        "date": "2026-07-24",
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      },
      {
        "date": "2026-07-31",
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        "volume": 138297,
        "typical_volume": 192163.85,
        "trend": 1631.626664,
        "fair_value": 1760.868264,
        "relative_strength": 23.630698,
        "stage": 2,
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      },
      {
        "date": "2026-08-07",
        "close": 2032.0,
        "volume": 295480,
        "typical_volume": 195139.35,
        "trend": 1646.699996,
        "fair_value": 1759.236533,
        "relative_strength": 27.673518,
        "stage": 2,
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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."
    }
  }
}