{
  "ticker": {
    "uuid": "7d6a622b-c8ad-4398-8260-fb09495d6b03",
    "symbol": "EXPLEOSOL",
    "name": "Expleo Solutions 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": 56.797,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -19.125,
    "architecture_energy": 10.23,
    "architecture_maturity": 39.747,
    "architecture_confidence": 78.37,
    "architecture_tenure": "Developing",
    "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": 45.37,
        "rotation_up": 28.47,
        "upward_expansion": 17.14,
        "deceleration": 40.09,
        "rotation_down": 32.31,
        "downward_expansion": 64.81
      },
      "activity_lines": [
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      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.333333
    },
    "latest_close": 836.75,
    "trend_reference": 802.061481,
    "distance_from_trend": 0.043249,
    "trend_direction": "Weakening",
    "fair_value": 1101.186171,
    "distance_from_fair_value": -0.240138,
    "fair_value_direction": "Improving",
    "relative_strength": -5.691219,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.04262,
    "excess_performance": 0.001089,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.043249,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.098025,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.240138,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.033283,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.056912,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.059557,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.04262,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 8.156303,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 177461,
      "relative_activity": 0.512378,
      "balance": 8.156303,
      "dry_up": 1.731228,
      "accumulation_observations": 2,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.090259,
      "annualized_volatility": 0.392755,
      "from_high_reference": -0.287933,
      "from_low_reference": 0.307422
    },
    "levels": {
      "trend_reference": 802.061481,
      "fair_value_reference": 1101.186171,
      "structural_low": 640.0,
      "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": 25,
        "median_return": 0.038211,
        "positive_rate": 0.64,
        "directional_follow_through": 0.36,
        "median_excess_return": -0.010006,
        "regime_survival": 0.68,
        "best_return": 0.273382,
        "worst_return": -0.17236,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 10,
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        "worst_return": -0.211161,
        "sufficient": true
      },
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        "horizon": "Extended",
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        "sufficient": true
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      {
        "horizon": "Full cycle",
        "sample_count": 3,
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      },
      {
        "date": "2026-07-24",
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      },
      {
        "date": "2026-07-31",
        "close": 807.0,
        "volume": 2047009,
        "typical_volume": 348879.25,
        "trend": 806.09648,
        "fair_value": 1104.377015,
        "relative_strength": -8.911659,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -47.844245,
        "energy": 33.34322,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 836.75,
        "volume": 177461,
        "typical_volume": 346347.65,
        "trend": 802.061481,
        "fair_value": 1101.186171,
        "relative_strength": -5.691219,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -19.125429,
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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."
    }
  }
}