{
  "ticker": {
    "uuid": "37b88908-863e-44ae-b811-e14fe9e2a97d",
    "symbol": "POLYMED",
    "name": "Poly Medicure 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": 1,
    "stage_name": "Basing",
    "phase": "1b",
    "phase_label": "Stage 1B \u00b7 Basing",
    "transition": "stage_1_building",
    "transition_label": "Base still building",
    "confidence": 75.576,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 60.777,
    "architecture_energy": 43.511,
    "architecture_maturity": 19.323,
    "architecture_confidence": 81.74,
    "architecture_tenure": "New",
    "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": 22.89,
        "rotation_up": 58.84,
        "upward_expansion": 81.43,
        "deceleration": 55.67,
        "rotation_down": 19.19,
        "downward_expansion": 5.76
      },
      "activity_lines": [
        1686.553353,
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        1598.8662,
        1539.34022
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Stable",
      "price_acceptance": 0.833333
    },
    "latest_close": 1693.800049,
    "trend_reference": 1485.826668,
    "distance_from_trend": 0.139971,
    "trend_direction": "Weakening",
    "fair_value": 1880.962141,
    "distance_from_fair_value": -0.099503,
    "fair_value_direction": "Improving",
    "relative_strength": 2.394705,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.219087,
    "excess_performance": 0.262797,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.139971,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.049122,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.099503,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.003589,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.023947,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.08063,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.219087,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.667464,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 467058,
      "relative_activity": 0.873596,
      "balance": 0.667464,
      "dry_up": 0.803485,
      "accumulation_observations": 1,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.082318,
      "annualized_volatility": 0.446977,
      "from_high_reference": -0.208926,
      "from_low_reference": 0.432995
    },
    "levels": {
      "trend_reference": 1485.826668,
      "fair_value_reference": 1880.962141,
      "structural_low": 1182.0,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 23,
        "median_return": -0.020501,
        "positive_rate": 0.478261,
        "directional_follow_through": 0.478261,
        "median_excess_return": -0.002352,
        "regime_survival": 0.73913,
        "best_return": 0.332836,
        "worst_return": -0.110678,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 9,
        "median_return": 0.120261,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.090142,
        "regime_survival": 0.777778,
        "best_return": 0.385665,
        "worst_return": -0.220636,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": 0.065844,
        "positive_rate": 0.6,
        "directional_follow_through": 0.6,
        "median_excess_return": -0.0433,
        "regime_survival": 0.6,
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        "worst_return": -0.104365,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.468407,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.319135,
        "regime_survival": 0.666667,
        "best_return": 0.710215,
        "worst_return": -0.189775,
        "sufficient": false
      }
    ],
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        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2023-10-20",
        "end": "2023-11-03",
        "tenure": "New",
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        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "tenure": "Developing",
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      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2024-02-23",
        "tenure": "Developing",
        "return": 0.07922,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "tenure": "Established",
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        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
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        "active": false
      },
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        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "active": false
      },
      {
        "regime": "deceleration",
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        "color": "amber",
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        "end": "2025-02-07",
        "tenure": "Developing",
        "return": -0.128563,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
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        "end": "2025-03-07",
        "tenure": "New",
        "return": 0.075961,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-03-14",
        "end": "2025-04-25",
        "tenure": "Developing",
        "return": 0.144677,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2025-06-20",
        "tenure": "Developing",
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        "active": false
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        "regime": "downward_expansion",
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        "regime": "balance",
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        "regime": "rotation_up",
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        "active": true
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      },
      {
        "date": "2026-07-24",
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      },
      {
        "date": "2026-07-31",
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        "volume": 360639,
        "typical_volume": 545860.75,
        "trend": 1488.576668,
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      },
      {
        "date": "2026-08-07",
        "close": 1693.800049,
        "volume": 467058,
        "typical_volume": 534638.15,
        "trend": 1485.826668,
        "fair_value": 1880.962141,
        "relative_strength": 2.394705,
        "stage": 1,
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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."
    }
  }
}