{
  "ticker": {
    "uuid": "4742db50-7c0a-407a-a46d-c678bec97f68",
    "symbol": "HARSHA",
    "name": "Harsha Engineers International Limited",
    "exchange": "NSI",
    "country": "IN",
    "assetType": "equity"
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  "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": 50.979,
    "architecture_energy": 27.527,
    "architecture_maturity": 29.702,
    "architecture_confidence": 77.562,
    "architecture_tenure": "New",
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      "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": 27.33,
        "rotation_up": 37.81,
        "upward_expansion": 64.21,
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        "rotation_down": 25.22,
        "downward_expansion": 14.21
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      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
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    "trend_direction": "Improving",
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    "distance_from_fair_value": 0.005748,
    "fair_value_direction": "Improving",
    "relative_strength": 9.687602,
    "relative_strength_direction": "Weakening",
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    "excess_performance": 0.152538,
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        "label": "Price vs Trend",
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        "read": "Above"
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        "label": "Trend direction",
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        "read": "Rising"
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      {
        "label": "Price vs current Fair Value",
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        "value": 0.005748,
        "read": "Premium"
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      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.006023,
        "read": "Closing upward"
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      {
        "label": "Relative Strength vs benchmark",
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        "value": 0.096876,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.035675,
        "read": "Weakening"
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      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.108829,
        "read": "Positive"
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      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.772822,
        "read": "Supply-led"
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      "balance": 0.772822,
      "dry_up": 0.911711,
      "accumulation_observations": 2,
      "distribution_observations": 3
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      "annualized_volatility": 0.324627,
      "from_high_reference": -0.090832,
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      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
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        "activity_lines": [
          404.155556,
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      },
      {
        "date": "2026-06-12",
        "close": 401.055115,
        "volume": 371828,
        "typical_volume": 493297.5,
        "trend": 379.530059,
        "fair_value": 425.08262,
        "relative_strength": 8.371002,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 51.51535,
        "energy": 29.889946,
        "activity_lines": [
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      },
      {
        "date": "2026-06-19",
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        "typical_volume": 495228.6,
        "trend": 380.500145,
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        "stage": 2,
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        "modifier": "Early expansion",
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        "energy": 37.47274,
        "activity_lines": [
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      },
      {
        "date": "2026-06-26",
        "close": 414.755737,
        "volume": 0,
        "typical_volume": 473334.2,
        "trend": 381.342003,
        "fair_value": 424.566186,
        "relative_strength": 9.547944,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 54.824695,
        "energy": 35.746015,
        "activity_lines": [
          413.259849,
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          393.793331,
          387.377851
        ]
      },
      {
        "date": "2026-07-03",
        "close": 416.051056,
        "volume": 389825,
        "typical_volume": 479382.1,
        "trend": 382.783706,
        "fair_value": 424.318351,
        "relative_strength": 8.759084,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 54.283664,
        "energy": 39.266031,
        "activity_lines": [
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      },
      {
        "date": "2026-07-10",
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        "volume": 877524,
        "typical_volume": 518793.45,
        "trend": 384.600372,
        "fair_value": 424.255338,
        "relative_strength": 11.909393,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.983237,
        "energy": 54.710605,
        "activity_lines": [
          420.468787,
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        ]
      },
      {
        "date": "2026-07-17",
        "close": 419.899994,
        "volume": 614673,
        "typical_volume": 542540.7,
        "trend": 386.150372,
        "fair_value": 424.136596,
        "relative_strength": 9.177646,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.767965,
        "energy": 49.32483,
        "activity_lines": [
          421.164484,
          416.106845,
          404.271373,
          394.792366
        ]
      },
      {
        "date": "2026-07-24",
        "close": 405.649994,
        "volume": 568951,
        "typical_volume": 566095.6,
        "trend": 387.143705,
        "fair_value": 423.924596,
        "relative_strength": 7.908878,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 53.290138,
        "energy": 32.677722,
        "activity_lines": [
          415.853855,
          414.923004,
          405.834653,
          396.050406
        ]
      },
      {
        "date": "2026-07-31",
        "close": 401.049988,
        "volume": 435851,
        "typical_volume": 584379.4,
        "trend": 387.597038,
        "fair_value": 423.897679,
        "relative_strength": 4.003261,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 39.056924,
        "energy": 22.749023,
        "activity_lines": [
          410.600065,
          412.902799,
          406.752217,
          396.947585
        ]
      },
      {
        "date": "2026-08-07",
        "close": 426.399994,
        "volume": 585008,
        "typical_volume": 604490.65,
        "trend": 389.142038,
        "fair_value": 423.963224,
        "relative_strength": 9.687602,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 50.979097,
        "energy": 27.52663,
        "activity_lines": [
          414.709994,
          415.589868,
          409.844068,
          399.451002
        ]
      }
    ],
    "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."
    }
  }
}