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    "name": "Exicom Tele-Systems Limited",
    "exchange": "NSI",
    "country": "IN",
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        "fair_value": 208.914934,
        "relative_strength": 36.370726,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.088708,
        "energy": 68.218727,
        "activity_lines": [
          168.218665,
          159.139272,
          140.151619,
          128.585634
        ]
      },
      {
        "date": "2026-07-17",
        "close": 161.509995,
        "volume": 7570607,
        "typical_volume": 7914387.15,
        "trend": 119.389,
        "fair_value": 208.532636,
        "relative_strength": 29.043607,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.498275,
        "energy": 53.554731,
        "activity_lines": [
          167.360663,
          161.147635,
          143.742952,
          131.392795
        ]
      },
      {
        "date": "2026-07-24",
        "close": 160.300003,
        "volume": 13293984,
        "typical_volume": 8515358.95,
        "trend": 120.809667,
        "fair_value": 208.146775,
        "relative_strength": 31.060565,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.774194,
        "energy": 48.476259,
        "activity_lines": [
          164.783331,
          162.169454,
          146.892285,
          134.032215
        ]
      },
      {
        "date": "2026-07-31",
        "close": 158.369995,
        "volume": 4646154,
        "typical_volume": 8669705.05,
        "trend": 122.113333,
        "fair_value": 207.751722,
        "relative_strength": 26.123199,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 55.811495,
        "energy": 39.281151,
        "activity_lines": [
          162.377997,
          161.994544,
          149.515189,
          136.455462
        ]
      },
      {
        "date": "2026-08-07",
        "close": 158.899994,
        "volume": 6795475,
        "typical_volume": 8829721.15,
        "trend": 123.861333,
        "fair_value": 207.367062,
        "relative_strength": 25.283904,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 42.081138,
        "energy": 28.843774,
        "activity_lines": [
          160.129329,
          161.906361,
          151.842427,
          138.828795
        ]
      }
    ],
    "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."
    }
  }
}