{
  "ticker": {
    "uuid": "8dc23082-42b1-4cd1-be2f-7a0c21105501",
    "symbol": "ZEELEARN",
    "name": "Zee Learn 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": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 44.243,
    "architecture_energy": 33.442,
    "architecture_maturity": 80.669,
    "architecture_confidence": 91.917,
    "architecture_tenure": "Developing",
    "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": 30.13,
        "rotation_up": 32.67,
        "upward_expansion": 65.8,
        "deceleration": 88.29,
        "rotation_down": 27.47,
        "downward_expansion": 18.14
      },
      "activity_lines": [
        8.142667,
        8.334727,
        7.653571,
        7.091935
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.333333
    },
    "latest_close": 7.88,
    "trend_reference": 6.584333,
    "distance_from_trend": 0.19678,
    "trend_direction": "Improving",
    "fair_value": 7.512692,
    "distance_from_fair_value": 0.048892,
    "fair_value_direction": "Improving",
    "relative_strength": 8.174708,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.279221,
    "excess_performance": 0.32293,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.19678,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.041166,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.048892,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.190832,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.081747,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.25984,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.279221,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.218064,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 1428660,
      "relative_activity": 0.374724,
      "balance": 2.218064,
      "dry_up": 0.456602,
      "accumulation_observations": 2,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.112651,
      "annualized_volatility": 0.567026,
      "from_high_reference": -0.245933,
      "from_low_reference": 0.889688
    },
    "levels": {
      "trend_reference": 6.584333,
      "fair_value_reference": 7.512692,
      "structural_low": 4.17,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 17,
        "median_return": -0.075235,
        "positive_rate": 0.411765,
        "directional_follow_through": 0.411765,
        "median_excess_return": -0.101939,
        "regime_survival": 0.588235,
        "best_return": 0.304687,
        "worst_return": -0.222749,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
        "median_return": -0.061706,
        "positive_rate": 0.375,
        "directional_follow_through": 0.375,
        "median_excess_return": -0.048418,
        "regime_survival": 0.375,
        "best_return": 0.265306,
        "worst_return": -0.485714,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
        "median_return": -0.060192,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.144881,
        "regime_survival": 0.166667,
        "best_return": 0.377551,
        "worst_return": -0.6,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": -0.196532,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.230965,
        "regime_survival": 0.0,
        "best_return": 0.8,
        "worst_return": -0.617555,
        "sufficient": false
      }
    ],
    "ledger": [
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        "regime": "rotation_up",
        "label": "Rotation Up",
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        "active": false
      },
      {
        "regime": "upward_expansion",
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      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
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      {
        "regime": "balance",
        "label": "Balance",
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        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
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        "tenure": "Established",
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        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
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        "tenure": "New",
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      {
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      {
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        "regime": "deceleration",
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        "regime": "rotation_down",
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      },
      {
        "regime": "downward_expansion",
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      },
      {
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      },
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 4081537.15,
        "trend": 6.509667,
        "fair_value": 7.423077,
        "relative_strength": 17.366978,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.114644,
        "energy": 82.826059,
        "activity_lines": [
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      },
      {
        "date": "2026-07-24",
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        "volume": 1739445,
        "typical_volume": 3989679.05,
        "trend": 6.524,
        "fair_value": 7.453974,
        "relative_strength": 12.417869,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.484273,
        "energy": 56.865534,
        "activity_lines": [
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        ]
      },
      {
        "date": "2026-07-31",
        "close": 8.13,
        "volume": 1843202,
        "typical_volume": 3962368.7,
        "trend": 6.549,
        "fair_value": 7.484615,
        "relative_strength": 11.808941,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 50.042623,
        "energy": 44.07008,
        "activity_lines": [
          8.352,
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          7.544429,
          7.006065
        ]
      },
      {
        "date": "2026-08-07",
        "close": 7.88,
        "volume": 1428660,
        "typical_volume": 3812569.8,
        "trend": 6.584333,
        "fair_value": 7.512692,
        "relative_strength": 8.174708,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 44.243468,
        "energy": 33.442462,
        "activity_lines": [
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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."
    }
  }
}