{
  "ticker": {
    "uuid": "42a8d800-bf07-472c-ba8c-22002b2b6c82",
    "symbol": "ZENTEC",
    "name": "Zen Technologies 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": 30.318,
    "architecture_energy": 19.907,
    "architecture_maturity": 58.664,
    "architecture_confidence": 94.966,
    "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": 47.91,
        "rotation_up": 22.69,
        "upward_expansion": 54.83,
        "deceleration": 90.73,
        "rotation_down": 32.7,
        "downward_expansion": 20.83
      },
      "activity_lines": [
        1721.826644,
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        1733.891891,
        1666.573752
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.0
    },
    "latest_close": 1721.099976,
    "trend_reference": 1570.399992,
    "distance_from_trend": 0.095963,
    "trend_direction": "Improving",
    "fair_value": 1396.143668,
    "distance_from_fair_value": 0.232753,
    "fair_value_direction": "Weakening",
    "relative_strength": 14.633366,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.297866,
    "excess_performance": 0.341575,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.095963,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.095355,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.232753,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.025515,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.146334,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.051864,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.297866,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.632389,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 1870638,
      "relative_activity": 0.676837,
      "balance": 1.632389,
      "dry_up": 0.711675,
      "accumulation_observations": 2,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.085741,
      "annualized_volatility": 0.405711,
      "from_high_reference": -0.14522,
      "from_low_reference": 0.407277
    },
    "levels": {
      "trend_reference": 1570.399992,
      "fair_value_reference": 1396.143668,
      "structural_low": 1265.0,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 13,
        "median_return": 0.007657,
        "positive_rate": 0.615385,
        "directional_follow_through": 0.615385,
        "median_excess_return": 0.003135,
        "regime_survival": 0.307692,
        "best_return": 0.426174,
        "worst_return": -0.244797,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 7,
        "median_return": -0.042733,
        "positive_rate": 0.428571,
        "directional_follow_through": 0.428571,
        "median_excess_return": -0.055337,
        "regime_survival": 0.0,
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        "worst_return": -0.449088,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 7,
        "median_return": 0.267589,
        "positive_rate": 0.714286,
        "directional_follow_through": 0.714286,
        "median_excess_return": 0.132207,
        "regime_survival": 0.285714,
        "best_return": 1.473583,
        "worst_return": -0.303185,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": 0.622519,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.474993,
        "regime_survival": 0.5,
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        "worst_return": -0.257573,
        "sufficient": false
      }
    ],
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        "start": "2024-06-21",
        "end": "2024-11-22",
        "tenure": "Established",
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        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "tenure": "New",
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        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "tenure": "Developing",
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        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
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        "tenure": "New",
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        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
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        "return": 0.154118,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-03-14",
        "end": "2025-05-30",
        "tenure": "Developing",
        "return": 0.761805,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
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        "end": "2025-07-04",
        "tenure": "Developing",
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        "active": false
      },
      {
        "regime": "deceleration",
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        "tenure": "Developing",
        "return": -0.241964,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
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      },
      {
        "regime": "deceleration",
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        "active": false
      },
      {
        "regime": "downward_expansion",
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        "tenure": "Established",
        "return": -0.038266,
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      },
      {
        "regime": "balance",
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      {
        "regime": "upward_expansion",
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        "active": true
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      },
      {
        "date": "2026-07-24",
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      },
      {
        "date": "2026-07-31",
        "close": 1624.0,
        "volume": 3035036,
        "typical_volume": 2788390.9,
        "trend": 1556.129993,
        "fair_value": 1390.146764,
        "relative_strength": 9.425309,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
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        "direction": 29.656184,
        "energy": 19.37631,
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      },
      {
        "date": "2026-08-07",
        "close": 1721.099976,
        "volume": 1870638,
        "typical_volume": 2763793.85,
        "trend": 1570.399992,
        "fair_value": 1396.143668,
        "relative_strength": 14.633366,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
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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."
    }
  }
}