{ "ticker": { "uuid": "3245c275-868e-4a9d-bf63-ea5505585f81", "symbol": "MARKSANS", "name": "Marksans Pharma 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": "2c", "phase_label": "Stage 2C \u00b7 Late 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": 72.94, "architecture_energy": 54.637, "architecture_maturity": 89.893, "architecture_confidence": 75.999, "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": 11.86, "rotation_up": 50.77, "upward_expansion": 77.93, "deceleration": 68.57, "rotation_down": 28.55, "downward_expansion": 13.6 }, "activity_lines": [ 263.210005, 261.847641, 245.058337, 228.040411 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 273.850006, "trend_reference": 207.667335, "distance_from_trend": 0.318696, "trend_direction": "Improving", "fair_value": 200.270221, "distance_from_fair_value": 0.367403, "fair_value_direction": "Improving", "relative_strength": 40.465407, "relative_strength_direction": "Improving", "price_momentum": 0.544035, "excess_performance": 0.587744, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.318696, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.133326, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.367403, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.312164, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.404654, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.35306, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.544035, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 6.342716, "read": "Demand-led" } ], "volume": { "latest": 5106273, "relative_activity": 0.592068, "balance": 6.342716, "dry_up": 0.777962, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.076965, "annualized_volatility": 0.349111, "from_high_reference": -0.027521, "from_low_reference": 0.766774 }, "levels": { "trend_reference": 207.667335, "fair_value_reference": 200.270221, "structural_low": 155.0, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 28, "median_return": 0.018681, "positive_rate": 0.571429, "directional_follow_through": 0.571429, "median_excess_return": 0.032332, "regime_survival": 0.785714, "best_return": 0.349041, "worst_return": -0.142178, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": 0.155593, "positive_rate": 0.7, "directional_follow_through": 0.7, "median_excess_return": 0.077112, "regime_survival": 0.5, "best_return": 0.478241, "worst_return": -0.199135, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.18591, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.16374, "regime_survival": 0.333333, "best_return": 0.805679, "worst_return": -0.31032, "sufficient": true }, { 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"activity_lines": [ 260.138003, 257.187459, 235.909002, 219.907335 ] }, { "date": "2026-07-31", "close": 258.350006, "volume": 5109265, "typical_volume": 8532301.45, "trend": 204.338002, "fair_value": 199.268257, "relative_strength": 34.341289, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.996838, "energy": 52.635632, "activity_lines": [ 259.166671, 258.531095, 239.963051, 223.555766 ] }, { "date": "2026-08-07", "close": 273.850006, "volume": 5106273, "typical_volume": 8624467.35, "trend": 207.667335, "fair_value": 200.270221, "relative_strength": 40.465407, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.94033, "energy": 54.636995, "activity_lines": [ 263.210005, 261.847641, 245.058337, 228.040411 ] } ], "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." } } }