{
  "ticker": {
    "uuid": "1abfe8de-39f3-436c-84d1-8959e0560774",
    "symbol": "VIYASH",
    "name": "Viyash Scientific 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": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 54.254,
    "architecture_energy": 32.356,
    "architecture_maturity": 70.095,
    "architecture_confidence": 89.762,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 24.32,
        "rotation_up": 37.0,
        "upward_expansion": 66.24,
        "deceleration": 85.4,
        "rotation_down": 27.07,
        "downward_expansion": 16.24
      },
      "activity_lines": [
        264.053331,
        266.554541,
        255.313901,
        242.774556
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
    },
    "latest_close": 277.0,
    "trend_reference": 228.335664,
    "distance_from_trend": 0.213126,
    "trend_direction": "Improving",
    "fair_value": 169.827628,
    "distance_from_fair_value": 0.631066,
    "fair_value_direction": "Improving",
    "relative_strength": 27.957169,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.374281,
    "excess_performance": 0.41799,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.213126,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.079009,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.631066,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.216039,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.279572,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.134957,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.374281,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.911682,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 10962895,
      "relative_activity": 1.735657,
      "balance": 2.911682,
      "dry_up": 1.108343,
      "accumulation_observations": 3,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.081597,
      "annualized_volatility": 0.356318,
      "from_high_reference": -0.07047,
      "from_low_reference": 0.6493
    },
    "levels": {
      "trend_reference": 228.335664,
      "fair_value_reference": 169.827628,
      "structural_low": 178.130005,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 7,
        "median_return": 0.012261,
        "positive_rate": 0.714286,
        "directional_follow_through": 0.714286,
        "median_excess_return": 0.010928,
        "regime_survival": 0.714286,
        "best_return": 0.140972,
        "worst_return": -0.087967,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 2,
        "median_return": 0.029528,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.065155,
        "regime_survival": 0.0,
        "best_return": 0.163136,
        "worst_return": -0.10408,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 2,
        "median_return": 0.201817,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.223131,
        "regime_survival": 0.5,
        "best_return": 0.211141,
        "worst_return": 0.192494,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
        "median_return": 0.444278,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.487341,
        "regime_survival": 0.0,
        "best_return": 0.444278,
        "worst_return": 0.444278,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2024-07-12",
        "tenure": "New",
        "return": 0.041537,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
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        "end": "2024-08-16",
        "tenure": "Developing",
        "return": 0.016889,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "end": "2024-12-20",
        "tenure": "Established",
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        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2025-01-31",
        "tenure": "Developing",
        "return": -0.055374,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-02-07",
        "end": "2025-02-28",
        "tenure": "New",
        "return": -0.060025,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
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        "end": "2025-05-23",
        "tenure": "Developing",
        "return": 0.158223,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
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        "tenure": "Developing",
        "return": -0.018036,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "tenure": "New",
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        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2025-09-19",
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        "return": 0.154962,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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      },
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        "tenure": "Established",
        "return": -0.061906,
        "active": false
      },
      {
        "regime": "balance",
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      },
      {
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        "active": true
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 5728370.85,
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        "fair_value": 166.579551,
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        "stage": 2,
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        "energy": 65.215835,
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        ]
      },
      {
        "date": "2026-07-24",
        "close": 250.899994,
        "volume": 6523499,
        "typical_volume": 5883794.25,
        "trend": 224.337665,
        "fair_value": 167.618653,
        "relative_strength": 21.905403,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
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        "activity_lines": [
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      },
      {
        "date": "2026-07-31",
        "close": 252.0,
        "volume": 5276147,
        "typical_volume": 5943433.7,
        "trend": 225.721331,
        "fair_value": 168.639487,
        "relative_strength": 18.432993,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 44.457969,
        "energy": 31.109533,
        "activity_lines": [
          261.286662,
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      },
      {
        "date": "2026-08-07",
        "close": 277.0,
        "volume": 10962895,
        "typical_volume": 6316279.95,
        "trend": 228.335664,
        "fair_value": 169.827628,
        "relative_strength": 27.957169,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 54.25434,
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        "activity_lines": [
          264.053331,
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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."
    }
  }
}