{
  "ticker": {
    "uuid": "5eb8be25-3d38-4962-86f6-11b82186b40a",
    "symbol": "DNAMEDIA",
    "name": "Diligent Media Corporation 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": 4,
    "stage_name": "Declining",
    "phase": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -55.106,
    "architecture_energy": 32.023,
    "architecture_maturity": 99.352,
    "architecture_confidence": 91.534,
    "architecture_tenure": "Extended",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 23.32,
        "rotation_up": 21.4,
        "upward_expansion": 3.09,
        "deceleration": 53.69,
        "rotation_down": 48.56,
        "downward_expansion": 76.42
      },
      "activity_lines": [
        2.79,
        2.814364,
        2.873095,
        2.951054
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.666667
    },
    "latest_close": 2.75,
    "trend_reference": 3.112,
    "distance_from_trend": -0.116324,
    "trend_direction": "Weakening",
    "fair_value": 4.580128,
    "distance_from_fair_value": -0.39958,
    "fair_value_direction": "Weakening",
    "relative_strength": -23.261433,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.250681,
    "excess_performance": -0.206972,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.116324,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.10882,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.39958,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.042767,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.232614,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.031445,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.250681,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.920466,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 483326,
      "relative_activity": 2.139914,
      "balance": 0.920466,
      "dry_up": 1.18205,
      "accumulation_observations": 2,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.103497,
      "annualized_volatility": 0.417368,
      "from_high_reference": -0.494485,
      "from_low_reference": 0.180258
    },
    "levels": {
      "trend_reference": 3.112,
      "fair_value_reference": 4.580128,
      "structural_low": 2.33,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 19,
        "median_return": -0.014337,
        "positive_rate": 0.368421,
        "directional_follow_through": 0.631579,
        "median_excess_return": -0.014409,
        "regime_survival": 0.842105,
        "best_return": 0.137255,
        "worst_return": -0.165414,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 7,
        "median_return": -0.056667,
        "positive_rate": 0.428571,
        "directional_follow_through": 0.571429,
        "median_excess_return": -0.038125,
        "regime_survival": 0.428571,
        "best_return": 0.554023,
        "worst_return": -0.222222,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": -0.046439,
        "positive_rate": 0.25,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.13831,
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        "worst_return": -0.29078,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.128736,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.333333,
        "median_excess_return": 0.045497,
        "regime_survival": 0.666667,
        "best_return": 0.967742,
        "worst_return": -0.389002,
        "sufficient": false
      }
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        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
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        "end": "2024-04-26",
        "tenure": "New",
        "return": -0.011628,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
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        "start": "2024-05-03",
        "end": "2024-06-14",
        "tenure": "Developing",
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        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
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      },
      {
        "regime": "balance",
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        "active": false
      },
      {
        "regime": "upward_expansion",
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        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2024-10-25",
        "tenure": "Developing",
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        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
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        "end": "2024-12-13",
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        "active": false
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        "return": 0.092224,
        "active": false
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      {
        "regime": "downward_expansion",
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      },
      {
        "date": "2026-05-08",
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        "date": "2026-05-15",
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      },
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        "date": "2026-05-22",
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      },
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        "date": "2026-05-29",
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        "date": "2026-06-05",
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        "date": "2026-06-12",
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        "date": "2026-06-26",
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        "energy": 35.617262,
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      },
      {
        "date": "2026-07-03",
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        "trend": 3.293,
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        "relative_strength": -22.450828,
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        "modifier": "Established contraction",
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      },
      {
        "date": "2026-07-10",
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        "typical_volume": 203056.9,
        "trend": 3.252667,
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        "relative_strength": -24.134968,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.350386,
        "energy": 44.271965,
        "activity_lines": [
          2.84,
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          3.054151
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      },
      {
        "date": "2026-07-17",
        "close": 2.81,
        "volume": 89128,
        "typical_volume": 200851.0,
        "trend": 3.213,
        "fair_value": 4.583526,
        "relative_strength": -23.18238,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.456354,
        "energy": 43.780273,
        "activity_lines": [
          2.823333,
          2.861091,
          2.921333,
          3.025591
        ]
      },
      {
        "date": "2026-07-24",
        "close": 2.79,
        "volume": 119737,
        "typical_volume": 200572.75,
        "trend": 3.173,
        "fair_value": 4.5825,
        "relative_strength": -21.173375,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.059647,
        "energy": 40.423352,
        "activity_lines": [
          2.808,
          2.842364,
          2.902524,
          2.998301
        ]
      },
      {
        "date": "2026-07-31",
        "close": 2.83,
        "volume": 375731,
        "typical_volume": 208446.75,
        "trend": 3.139333,
        "fair_value": 4.58141,
        "relative_strength": -21.415551,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.143019,
        "energy": 32.045751,
        "activity_lines": [
          2.814,
          2.834182,
          2.890476,
          2.976172
        ]
      },
      {
        "date": "2026-08-07",
        "close": 2.75,
        "volume": 483326,
        "typical_volume": 225862.35,
        "trend": 3.112,
        "fair_value": 4.580128,
        "relative_strength": -23.261433,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.106247,
        "energy": 32.02259,
        "activity_lines": [
          2.79,
          2.814364,
          2.873095,
          2.951054
        ]
      }
    ],
    "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."
    }
  }
}