{
  "ticker": {
    "uuid": "87d6de77-b673-45a6-a390-de4c6cde9a72",
    "symbol": "PANSARI",
    "name": "Pansari Developers 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": 2,
    "stage_name": "Advancing",
    "phase": "2a",
    "phase_label": "Stage 2A \u00b7 Early advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 84.432,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 57.291,
    "architecture_energy": 49.079,
    "architecture_maturity": 14.405,
    "architecture_confidence": 92.813,
    "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": 26.63,
        "rotation_up": 59.99,
        "upward_expansion": 82.04,
        "deceleration": 50.52,
        "rotation_down": 14.94,
        "downward_expansion": 8.71
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      "activity_lines": [
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        305.519676
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      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.666667
    },
    "latest_close": 322.75,
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    "distance_from_trend": 0.080058,
    "trend_direction": "Improving",
    "fair_value": 190.43641,
    "distance_from_fair_value": 0.694791,
    "fair_value_direction": "Weakening",
    "relative_strength": 11.787035,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.090372,
    "excess_performance": 0.134081,
    "evidence": [
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        "label": "Price vs Trend",
        "positive": true,
        "value": 0.080058,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.022603,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.694791,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.1698,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.11787,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.096452,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.090372,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.578196,
        "read": "Demand-led"
      }
    ],
    "volume": {
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      "relative_activity": 0.137812,
      "balance": 2.578196,
      "dry_up": 0.616703,
      "accumulation_observations": 3,
      "distribution_observations": 2
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    "risk": {
      "range_context": 0.117452,
      "annualized_volatility": 0.541919,
      "from_high_reference": -0.170095,
      "from_low_reference": 0.398458
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    "levels": {
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      "fair_value_reference": 190.43641,
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      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
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        "horizon": "Near term",
        "sample_count": 24,
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        "worst_return": -0.319537,
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        "date": "2026-05-01",
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        "typical_volume": 11539.8,
        "trend": 287.953333,
        "fair_value": 170.760769,
        "relative_strength": 15.216645,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 7.80189,
        "energy": 13.055059,
        "activity_lines": [
          294.183331,
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        ]
      },
      {
        "date": "2026-05-08",
        "close": 321.149994,
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        "typical_volume": 11580.25,
        "trend": 290.093332,
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        "relative_strength": 21.432193,
        "stage": 2,
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        "gate": "up",
        "direction": 51.632013,
        "energy": 36.053964,
        "activity_lines": [
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      },
      {
        "date": "2026-05-15",
        "close": 264.799988,
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        "typical_volume": 12688.0,
        "trend": 290.418332,
        "fair_value": 173.361731,
        "relative_strength": 1.900807,
        "stage": 3,
        "regime": "balance",
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        "gate": "mixed",
        "direction": -7.486391,
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        "activity_lines": [
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      },
      {
        "date": "2026-05-22",
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        "volume": 47806,
        "typical_volume": 14895.15,
        "trend": 290.801665,
        "fair_value": 174.451154,
        "relative_strength": -0.528124,
        "stage": 3,
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        "modifier": "Balance after decline",
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        "direction": -52.162342,
        "energy": 21.343792,
        "activity_lines": [
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      },
      {
        "date": "2026-05-29",
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        "volume": 215600,
        "typical_volume": 25538.25,
        "trend": 292.221665,
        "fair_value": 175.804038,
        "relative_strength": 14.885313,
        "stage": 3,
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        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -19.763767,
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      },
      {
        "date": "2026-06-05",
        "close": 284.549988,
        "volume": 171858,
        "typical_volume": 33995.05,
        "trend": 292.831665,
        "fair_value": 177.060769,
        "relative_strength": 9.581623,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -30.282592,
        "energy": 19.329801,
        "activity_lines": [
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      },
      {
        "date": "2026-06-12",
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        "volume": 224,
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        "relative_strength": 4.797632,
        "stage": 3,
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      },
      {
        "date": "2026-06-19",
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        "relative_strength": 11.835022,
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        "activity_lines": [
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      },
      {
        "date": "2026-06-26",
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        "volume": 0,
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        "fair_value": 180.913654,
        "relative_strength": 5.533083,
        "stage": 3,
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        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -18.612805,
        "energy": 7.710027,
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      },
      {
        "date": "2026-07-03",
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        "volume": 111928,
        "typical_volume": 38922.95,
        "trend": 292.184999,
        "fair_value": 182.358205,
        "relative_strength": 14.006533,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
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        "activity_lines": [
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      },
      {
        "date": "2026-07-10",
        "close": 362.850006,
        "volume": 834307,
        "typical_volume": 80592.85,
        "trend": 294.034999,
        "fair_value": 184.12359,
        "relative_strength": 31.256447,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 71.726376,
        "energy": 58.662298,
        "activity_lines": [
          320.376668,
          304.675453,
          295.978093,
          294.140213
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      },
      {
        "date": "2026-07-17",
        "close": 360.649994,
        "volume": 34882,
        "typical_volume": 81991.3,
        "trend": 296.073332,
        "fair_value": 185.875833,
        "relative_strength": 28.769768,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.733843,
        "energy": 69.363983,
        "activity_lines": [
          337.926666,
          316.24818,
          302.639283,
          298.437955
        ]
      },
      {
        "date": "2026-07-24",
        "close": 355.200012,
        "volume": 15534,
        "typical_volume": 82632.2,
        "trend": 297.608332,
        "fair_value": 187.590897,
        "relative_strength": 28.734481,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.119717,
        "energy": 74.550276,
        "activity_lines": [
          348.02667,
          326.111819,
          308.506904,
          302.252579
        ]
      },
      {
        "date": "2026-07-31",
        "close": 323.899994,
        "volume": 146501,
        "typical_volume": 89921.2,
        "trend": 298.401665,
        "fair_value": 189.120064,
        "relative_strength": 13.727664,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.837721,
        "energy": 68.592331,
        "activity_lines": [
          344.096667,
          328.640909,
          311.103808,
          303.948816
        ]
      },
      {
        "date": "2026-08-07",
        "close": 322.75,
        "volume": 11652,
        "typical_volume": 84550.0,
        "trend": 298.826665,
        "fair_value": 190.43641,
        "relative_strength": 11.787035,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.290977,
        "energy": 49.078565,
        "activity_lines": [
          337.273334,
          329.799091,
          313.391903,
          305.519676
        ]
      }
    ],
    "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."
    }
  }
}