{
  "ticker": {
    "uuid": "54a85df3-3da3-4dff-9afb-1ca7419ae734",
    "symbol": "PRIVISCL",
    "name": "Privi Speciality Chemicals 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": 87.175,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 61.278,
    "architecture_energy": 46.997,
    "architecture_maturity": 67.407,
    "architecture_confidence": 76.615,
    "architecture_tenure": "Established",
    "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": 12.78,
        "rotation_up": 51.25,
        "upward_expansion": 80.39,
        "deceleration": 67.33,
        "rotation_down": 25.16,
        "downward_expansion": 7.05
      },
      "activity_lines": [
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        3360.687481
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      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.666667
    },
    "latest_close": 3644.100098,
    "trend_reference": 3185.11062,
    "distance_from_trend": 0.144105,
    "trend_direction": "Improving",
    "fair_value": 2037.015364,
    "distance_from_fair_value": 0.788941,
    "fair_value_direction": "Weakening",
    "relative_strength": 21.582344,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.321379,
    "excess_performance": 0.365088,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.144105,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.049858,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.788941,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.108801,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.215823,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.101107,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.321379,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.92663,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 363782,
      "relative_activity": 0.989926,
      "balance": 0.92663,
      "dry_up": 1.017636,
      "accumulation_observations": 2,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.057596,
      "annualized_volatility": 0.292797,
      "from_high_reference": -0.0346,
      "from_low_reference": 0.661015
    },
    "levels": {
      "trend_reference": 3185.11062,
      "fair_value_reference": 2037.015364,
      "structural_low": 2682.100098,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 30,
        "median_return": 0.003244,
        "positive_rate": 0.533333,
        "directional_follow_through": 0.533333,
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        "regime_survival": 0.7,
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        "worst_return": -0.390138,
        "sufficient": true
      },
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        "horizon": "Intermediate",
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        "worst_return": -0.3972,
        "sufficient": true
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        "horizon": "Extended",
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        "worst_return": -0.50354,
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        "horizon": "Full cycle",
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        "end": "2024-05-03",
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      },
      {
        "date": "2026-07-24",
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      },
      {
        "date": "2026-07-31",
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        "volume": 605809,
        "typical_volume": 362935.2,
        "trend": 3153.490617,
        "fair_value": 2020.172101,
        "relative_strength": 22.972896,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
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        "energy": 50.592536,
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      },
      {
        "date": "2026-08-07",
        "close": 3644.100098,
        "volume": 363782,
        "typical_volume": 367483.95,
        "trend": 3185.11062,
        "fair_value": 2037.015364,
        "relative_strength": 21.582344,
        "stage": 2,
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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."
    }
  }
}