{
  "ticker": {
    "uuid": "4e8138af-24d2-47a5-bffd-acead21a7227",
    "symbol": "HARRMALAYA",
    "name": "Harrisons Malayalam 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": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Re-accelerating",
    "architecture_gate": "up",
    "architecture_direction": 64.187,
    "architecture_energy": 58.256,
    "architecture_maturity": 14.94,
    "architecture_confidence": 88.84,
    "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": 23.35,
        "rotation_up": 64.61,
        "upward_expansion": 84.39,
        "deceleration": 47.42,
        "rotation_down": 13.59,
        "downward_expansion": 11.05
      },
      "activity_lines": [
        217.800668,
        213.468183,
        211.715001,
        205.793076
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.666667
    },
    "latest_close": 222.529999,
    "trend_reference": 195.760001,
    "distance_from_trend": 0.136749,
    "trend_direction": "Improving",
    "fair_value": 201.159167,
    "distance_from_fair_value": 0.106238,
    "fair_value_direction": "Weakening",
    "relative_strength": 15.381951,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.393076,
    "excess_performance": 0.436785,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.136749,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.072865,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.106238,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.045194,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.15382,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.037188,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.393076,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.582393,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 98527,
      "relative_activity": 1.272522,
      "balance": 1.582393,
      "dry_up": 1.331478,
      "accumulation_observations": 3,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.066231,
      "annualized_volatility": 0.356543,
      "from_high_reference": -0.064607,
      "from_low_reference": 0.448197
    },
    "levels": {
      "trend_reference": 195.760001,
      "fair_value_reference": 201.159167,
      "structural_low": 157.610001,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 18,
        "median_return": -0.020674,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.042376,
        "regime_survival": 0.5,
        "best_return": 0.182955,
        "worst_return": -0.208699,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 9,
        "median_return": -0.002327,
        "positive_rate": 0.444444,
        "directional_follow_through": 0.444444,
        "median_excess_return": -0.023634,
        "regime_survival": 0.444444,
        "best_return": 0.325484,
        "worst_return": -0.40274,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
        "median_return": -0.037617,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.028946,
        "regime_survival": 0.5,
        "best_return": 0.367888,
        "worst_return": -0.242517,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": -0.144919,
        "positive_rate": 0.25,
        "directional_follow_through": 0.25,
        "median_excess_return": -0.198212,
        "regime_survival": 0.0,
        "best_return": 0.474414,
        "worst_return": -0.299929,
        "sufficient": false
      }
    ],
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        "end": "2024-11-22",
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        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
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        "return": -0.038892,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
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        "end": "2025-06-06",
        "tenure": "Established",
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        "active": false
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        "active": false
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        "typical_volume": 77095.55,
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      },
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        "date": "2026-05-01",
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      },
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      },
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      },
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        "date": "2026-05-22",
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      },
      {
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      },
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        "date": "2026-06-05",
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        "fair_value": 196.831154,
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      },
      {
        "date": "2026-06-12",
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        "typical_volume": 84925.25,
        "trend": 183.561334,
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      },
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        "date": "2026-06-19",
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      },
      {
        "date": "2026-06-26",
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        "relative_strength": 8.827545,
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        "energy": 20.97785,
        "activity_lines": [
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      },
      {
        "date": "2026-07-03",
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        "typical_volume": 79100.9,
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        "fair_value": 198.673013,
        "relative_strength": 7.05778,
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      },
      {
        "date": "2026-07-10",
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        "typical_volume": 74796.1,
        "trend": 188.421001,
        "fair_value": 199.12282,
        "relative_strength": 7.310518,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
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        "energy": 15.151368,
        "activity_lines": [
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      },
      {
        "date": "2026-07-17",
        "close": 219.080002,
        "volume": 222144,
        "typical_volume": 78892.75,
        "trend": 190.394334,
        "fair_value": 199.616923,
        "relative_strength": 15.03161,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 57.235896,
        "energy": 27.756419,
        "activity_lines": [
          209.079334,
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      },
      {
        "date": "2026-07-24",
        "close": 216.960007,
        "volume": 54910,
        "typical_volume": 78265.4,
        "trend": 192.260001,
        "fair_value": 200.124679,
        "relative_strength": 16.481078,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 56.429923,
        "energy": 33.489803,
        "activity_lines": [
          212.096002,
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        ]
      },
      {
        "date": "2026-07-31",
        "close": 215.550003,
        "volume": 36786,
        "typical_volume": 76647.75,
        "trend": 193.719668,
        "fair_value": 200.594872,
        "relative_strength": 12.663926,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.273934,
        "energy": 41.519508,
        "activity_lines": [
          214.14667,
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          210.101906,
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        ]
      },
      {
        "date": "2026-08-07",
        "close": 222.529999,
        "volume": 98527,
        "typical_volume": 77426.55,
        "trend": 195.760001,
        "fair_value": 201.159167,
        "relative_strength": 15.381951,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.187035,
        "energy": 58.255685,
        "activity_lines": [
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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."
    }
  }
}