{
  "ticker": {
    "uuid": "8e66b233-0f20-4b80-8e5d-431247180a0f",
    "symbol": "PRINCEPIPE",
    "name": "Prince Pipes and Fittings 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": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 30.336,
    "architecture_energy": 18.075,
    "architecture_maturity": 50.797,
    "architecture_confidence": 86.035,
    "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": 48.98,
        "rotation_up": 23.54,
        "upward_expansion": 53.78,
        "deceleration": 89.32,
        "rotation_down": 31.78,
        "downward_expansion": 19.78
      },
      "activity_lines": [
        266.623338,
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        267.891715,
        262.76428
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      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.0
    },
    "latest_close": 271.0,
    "trend_reference": 257.040667,
    "distance_from_trend": 0.054308,
    "trend_direction": "Improving",
    "fair_value": 440.545355,
    "distance_from_fair_value": -0.384853,
    "fair_value_direction": "Improving",
    "relative_strength": -0.970292,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.024807,
    "excess_performance": 0.068516,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.054308,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.000616,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.384853,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.06439,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.009703,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.071199,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.024807,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 4.661448,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 2756569,
      "relative_activity": 1.739078,
      "balance": 4.661448,
      "dry_up": 0.686002,
      "accumulation_observations": 2,
      "distribution_observations": 1
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    "risk": {
      "range_context": 0.05941,
      "annualized_volatility": 0.276799,
      "from_high_reference": -0.241874,
      "from_low_reference": 0.321951
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    "levels": {
      "trend_reference": 257.040667,
      "fair_value_reference": 440.545355,
      "structural_low": 205.0,
      "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": 13,
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        "positive_rate": 0.384615,
        "directional_follow_through": 0.384615,
        "median_excess_return": -0.049647,
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        "worst_return": -0.153534,
        "sufficient": true
      },
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        "horizon": "Intermediate",
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        "worst_return": -0.260518,
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        "horizon": "Extended",
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        "directional_follow_through": 0.333333,
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        "worst_return": -0.092158,
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      {
        "horizon": "Full cycle",
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        "regime": "deceleration",
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      {
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        "regime": "downward_expansion",
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        "regime": "rotation_up",
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        "regime": "rotation_down",
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 1595600.85,
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        "fair_value": 445.752429,
        "relative_strength": -1.960555,
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        "activity_lines": [
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      },
      {
        "date": "2026-07-31",
        "close": 263.700012,
        "volume": 408060,
        "typical_volume": 1476767.95,
        "trend": 256.117334,
        "fair_value": 443.216387,
        "relative_strength": -3.049815,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 28.33682,
        "energy": 20.719353,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 271.0,
        "volume": 2756569,
        "typical_volume": 1585074.55,
        "trend": 257.040667,
        "fair_value": 440.545355,
        "relative_strength": -0.970292,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 30.335545,
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        "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."
    }
  }
}