{
  "ticker": {
    "uuid": "5e5eaab5-eab2-4719-ac98-b009c55e39d9",
    "symbol": "RAYMOND",
    "name": "Raymond 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": "1c",
    "phase_label": "Stage 1C \u00b7 Breakout watch",
    "transition": "stage_1_to_2_watch",
    "transition_label": "Stage 1 \u2192 2 watch",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 66.422,
    "architecture_energy": 50.539,
    "architecture_maturity": 81.356,
    "architecture_confidence": 67.25,
    "architecture_tenure": "Developing",
    "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": 20.38,
        "rotation_up": 45.18,
        "upward_expansion": 75.22,
        "deceleration": 70.95,
        "rotation_down": 28.97,
        "downward_expansion": 13.22
      },
      "activity_lines": [
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      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
    },
    "latest_close": 614.950012,
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    "distance_from_trend": 0.29755,
    "trend_direction": "Improving",
    "fair_value": 1277.911159,
    "distance_from_fair_value": -0.518785,
    "fair_value_direction": "Improving",
    "relative_strength": 23.495006,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.523285,
    "excess_performance": 0.566994,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.29755,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.095673,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.518785,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.105958,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.23495,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.207898,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.523285,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.757016,
        "read": "Demand-led"
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    ],
    "volume": {
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      "balance": 1.757016,
      "dry_up": 0.739723,
      "accumulation_observations": 2,
      "distribution_observations": 1
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    "risk": {
      "range_context": 0.078718,
      "annualized_volatility": 0.508043,
      "from_high_reference": -0.09433,
      "from_low_reference": 0.921719
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    "levels": {
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      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
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        "horizon": "Near term",
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        "horizon": "Full cycle",
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      },
      {
        "date": "2026-07-24",
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      },
      {
        "date": "2026-07-31",
        "close": 580.099976,
        "volume": 1865046,
        "typical_volume": 3092716.6,
        "trend": 467.015002,
        "fair_value": 1286.572383,
        "relative_strength": 17.3485,
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        "modifier": "Early expansion",
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        "direction": 60.236289,
        "energy": 50.939366,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 614.950012,
        "volume": 2986647,
        "typical_volume": 3105547.15,
        "trend": 473.931669,
        "fair_value": 1277.911159,
        "relative_strength": 23.495006,
        "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."
    }
  }
}