{
  "ticker": {
    "uuid": "674d5829-05cf-45e0-b57e-f90230d80674",
    "symbol": "GMMPFAUDLR",
    "name": "GMM Pfaudler 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": "1b",
    "phase_label": "Stage 1B \u00b7 Basing",
    "transition": "stage_1_building",
    "transition_label": "Base still building",
    "confidence": 96.0,
    "architecture_regime": "rotation_up",
    "architecture_regime_label": "Rotation Up",
    "architecture_modifier": "Structural repair",
    "architecture_gate": "mixed",
    "architecture_direction": 39.771,
    "architecture_energy": 36.597,
    "architecture_maturity": 40.543,
    "architecture_confidence": 77.478,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The Activity Line structure is rotating upward.",
        "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair."
      },
      "scores": {
        "balance": 37.31,
        "rotation_up": 63.65,
        "upward_expansion": 34.11,
        "deceleration": 47.11,
        "rotation_down": 19.45,
        "downward_expansion": 25.11
      },
      "activity_lines": [
        877.413656,
        836.98735,
        832.365552,
        846.728124
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.0
    },
    "latest_close": 987.299988,
    "trend_reference": 876.935205,
    "distance_from_trend": 0.125853,
    "trend_direction": "Weakening",
    "fair_value": 1233.088599,
    "distance_from_fair_value": -0.199328,
    "fair_value_direction": "Improving",
    "relative_strength": 1.105754,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.006341,
    "excess_performance": 0.037369,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.125853,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.104037,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.199328,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.106395,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.011058,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.159178,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.006341,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.741805,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 7272164,
      "relative_activity": 9.921458,
      "balance": 2.741805,
      "dry_up": 2.976116,
      "accumulation_observations": 1,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.063083,
      "annualized_volatility": 0.3642,
      "from_high_reference": -0.25409,
      "from_low_reference": 0.332209
    },
    "levels": {
      "trend_reference": 876.935205,
      "fair_value_reference": 1233.088599,
      "structural_low": 741.099976,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 4,
        "median_return": 0.024037,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.031143,
        "regime_survival": 0.0,
        "best_return": 0.218839,
        "worst_return": -0.123325,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 4,
        "median_return": -0.108609,
        "positive_rate": 0.25,
        "directional_follow_through": 0.25,
        "median_excess_return": -0.089118,
        "regime_survival": 0.0,
        "best_return": 0.172447,
        "worst_return": -0.181391,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": -0.138912,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.130502,
        "regime_survival": 0.0,
        "best_return": -0.00244,
        "worst_return": -0.179426,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": -0.009543,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.05534,
        "regime_survival": 0.0,
        "best_return": 0.013073,
        "worst_return": -0.032159,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-07-05",
        "end": "2024-07-26",
        "tenure": "New",
        "return": 0.033639,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-08-02",
        "end": "2024-08-09",
        "tenure": "New",
        "return": -0.076149,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-08-16",
        "end": "2024-11-15",
        "tenure": "Established",
        "return": -0.034953,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-11-22",
        "end": "2024-11-29",
        "tenure": "New",
        "return": 0.014365,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-12-06",
        "end": "2025-05-23",
        "tenure": "Established",
        "return": -0.121923,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-30",
        "end": "2025-06-27",
        "tenure": "Developing",
        "return": 0.051395,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-07-04",
        "end": "2025-07-18",
        "tenure": "New",
        "return": 0.034125,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-07-25",
        "end": "2025-08-29",
        "tenure": "Developing",
        "return": -0.104591,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-09-05",
        "end": "2025-09-26",
        "tenure": "New",
        "return": -0.085512,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-10-03",
        "end": "2025-11-07",
        "tenure": "Developing",
        "return": 0.177467,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
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        "end": "2025-11-28",
        "tenure": "New",
        "return": -0.082298,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2025-12-12",
        "tenure": "New",
        "return": -0.015058,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-12-19",
        "end": "2026-07-31",
        "tenure": "Extended",
        "return": -0.189042,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
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        "tenure": "New",
        "return": 0.0,
        "active": true
      }
    ],
    "chart_path": [
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        "date": "2023-08-18",
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      },
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      },
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      },
      {
        "date": "2026-07-31",
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      },
      {
        "date": "2026-08-07",
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        "trend": 876.935205,
        "fair_value": 1233.088599,
        "relative_strength": 1.105754,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
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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."
    }
  }
}