{
  "ticker": {
    "uuid": "60451b1b-115c-4c5f-accf-73da25718dd9",
    "symbol": "SWANCORP",
    "name": "Swan Corp 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": -61.956,
    "architecture_energy": 52.182,
    "architecture_maturity": 69.327,
    "architecture_confidence": 92.633,
    "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": 13.17,
        "rotation_up": 22.87,
        "upward_expansion": 9.18,
        "deceleration": 43.68,
        "rotation_down": 56.54,
        "downward_expansion": 84.84
      },
      "activity_lines": [
        309.50999,
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        317.210948,
        325.358385
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": -0.833333
    },
    "latest_close": 308.049988,
    "trend_reference": 343.996665,
    "distance_from_trend": -0.104497,
    "trend_direction": "Weakening",
    "fair_value": 485.967932,
    "distance_from_fair_value": -0.36611,
    "fair_value_direction": "Weakening",
    "relative_strength": -20.430802,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.263303,
    "excess_performance": -0.219594,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.104497,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.122767,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.36611,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.101621,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.204308,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.066195,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.263303,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.028588,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 3533902,
      "relative_activity": 0.732848,
      "balance": 1.028588,
      "dry_up": 0.683972,
      "accumulation_observations": 1,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.049817,
      "annualized_volatility": 0.315344,
      "from_high_reference": -0.391206,
      "from_low_reference": 0.041941
    },
    "levels": {
      "trend_reference": 343.996665,
      "fair_value_reference": 485.967932,
      "structural_low": 295.649994,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 20,
        "median_return": 0.016202,
        "positive_rate": 0.55,
        "directional_follow_through": 0.45,
        "median_excess_return": -0.002148,
        "regime_survival": 0.75,
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        "worst_return": -0.189461,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
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        "positive_rate": 0.75,
        "directional_follow_through": 0.25,
        "median_excess_return": 0.023578,
        "regime_survival": 0.375,
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        "worst_return": -0.206807,
        "sufficient": true
      },
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        "horizon": "Extended",
        "sample_count": 6,
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        "positive_rate": 0.5,
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        "regime_survival": 0.333333,
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      },
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        "horizon": "Full cycle",
        "sample_count": 3,
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        "sufficient": false
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        "regime": "balance",
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        "regime": "upward_expansion",
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      {
        "regime": "deceleration",
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        "regime": "balance",
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      },
      {
        "date": "2026-07-24",
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        "stage": 4,
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      },
      {
        "date": "2026-07-31",
        "close": 307.799988,
        "volume": 3821650,
        "typical_volume": 4939077.55,
        "trend": 348.344999,
        "fair_value": 485.718936,
        "relative_strength": -20.323008,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.449109,
        "energy": 42.893606,
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      },
      {
        "date": "2026-08-07",
        "close": 308.049988,
        "volume": 3533902,
        "typical_volume": 4822145.7,
        "trend": 343.996665,
        "fair_value": 485.967932,
        "relative_strength": -20.430802,
        "stage": 4,
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        "modifier": "Established contraction",
        "gate": "down",
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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."
    }
  }
}