{
  "ticker": {
    "uuid": "7d888247-fa65-43d7-98dc-6a2e458a3fef",
    "symbol": "PVRINOX",
    "name": "PVR INOX 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": "1c",
    "phase_label": "Stage 1C \u00b7 Breakout watch",
    "transition": "stage_1_to_2_watch",
    "transition_label": "Stage 1 \u2192 2 watch",
    "confidence": 74.319,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 87.651,
    "architecture_energy": 86.891,
    "architecture_maturity": 14.151,
    "architecture_confidence": 74.65,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 17.89,
        "rotation_up": 86.49,
        "upward_expansion": 96.52,
        "deceleration": 39.01,
        "rotation_down": 8.16,
        "downward_expansion": 18.52
      },
      "activity_lines": [
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 1.0
    },
    "latest_close": 1156.0,
    "trend_reference": 1003.568339,
    "distance_from_trend": 0.15189,
    "trend_direction": "Weakening",
    "fair_value": 1257.931408,
    "distance_from_fair_value": -0.081031,
    "fair_value_direction": "Improving",
    "relative_strength": 11.628241,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.148649,
    "excess_performance": 0.192358,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.15189,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.014186,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.081031,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.089791,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.116282,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.047212,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.148649,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.787861,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 1656907,
      "relative_activity": 1.130275,
      "balance": 1.787861,
      "dry_up": 1.79161,
      "accumulation_observations": 3,
      "distribution_observations": 1
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    "risk": {
      "range_context": 0.048,
      "annualized_volatility": 0.251611,
      "from_high_reference": -0.074978,
      "from_low_reference": 0.27397
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    "levels": {
      "trend_reference": 1003.568339,
      "fair_value_reference": 1257.931408,
      "structural_low": 907.400024,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 18,
        "median_return": -0.053286,
        "positive_rate": 0.222222,
        "directional_follow_through": 0.222222,
        "median_excess_return": -0.043247,
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        "worst_return": -0.170864,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
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        "sufficient": true
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        "horizon": "Extended",
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        "worst_return": -0.321189,
        "sufficient": true
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      {
        "horizon": "Full cycle",
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        "start": "2025-01-03",
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        "tenure": "Established",
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        "regime": "deceleration",
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        "regime": "rotation_down",
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      },
      {
        "date": "2026-07-24",
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      },
      {
        "date": "2026-07-31",
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        "volume": 3525171,
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        "trend": 998.511672,
        "fair_value": 1261.02628,
        "relative_strength": 10.167743,
        "stage": 1,
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        "modifier": "Balance after decline",
        "gate": "up",
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        "energy": 77.954665,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 1156.0,
        "volume": 1656907,
        "typical_volume": 1465932.5,
        "trend": 1003.568339,
        "fair_value": 1257.931408,
        "relative_strength": 11.628241,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
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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."
    }
  }
}