{
  "ticker": {
    "uuid": "9fe196ec-a884-4f1a-8f8c-165a99c4a22c",
    "symbol": "DHANBANK",
    "name": "Dhanlaxmi Bank 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": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 42.421,
    "architecture_energy": 28.616,
    "architecture_maturity": 73.841,
    "architecture_confidence": 93.953,
    "architecture_tenure": "Established",
    "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": 31.56,
        "rotation_up": 36.17,
        "upward_expansion": 60.89,
        "deceleration": 84.31,
        "rotation_down": 26.52,
        "downward_expansion": 19.89
      },
      "activity_lines": [
        33.174667,
        33.373637,
        32.597286,
        30.772903
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
    },
    "latest_close": 32.799999,
    "trend_reference": 28.522667,
    "distance_from_trend": 0.149963,
    "trend_direction": "Improving",
    "fair_value": 32.088709,
    "distance_from_fair_value": 0.022166,
    "fair_value_direction": "Weakening",
    "relative_strength": 20.32113,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.363259,
    "excess_performance": 0.406968,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.149963,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.097983,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.022166,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.018894,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.203211,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.054622,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.363259,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.430223,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 4594524,
      "relative_activity": 0.492155,
      "balance": 1.430223,
      "dry_up": 1.061586,
      "accumulation_observations": 3,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.088532,
      "annualized_volatility": 0.395995,
      "from_high_reference": -0.109905,
      "from_low_reference": 0.686375
    },
    "levels": {
      "trend_reference": 28.522667,
      "fair_value_reference": 32.088709,
      "structural_low": 19.450001,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 16,
        "median_return": 0.039827,
        "positive_rate": 0.625,
        "directional_follow_through": 0.625,
        "median_excess_return": 0.034593,
        "regime_survival": 0.75,
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        "worst_return": -0.143979,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 5,
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        "positive_rate": 0.6,
        "directional_follow_through": 0.6,
        "median_excess_return": 0.07642,
        "regime_survival": 0.4,
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        "worst_return": -0.131836,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": -0.028168,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.109347,
        "regime_survival": 0.25,
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        "worst_return": -0.218997,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
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        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.03981,
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        "best_return": 0.864238,
        "worst_return": -0.361478,
        "sufficient": false
      }
    ],
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        "regime": "deceleration",
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      },
      {
        "regime": "upward_expansion",
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      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
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        "end": "2024-06-28",
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      },
      {
        "regime": "balance",
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      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
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      },
      {
        "regime": "balance",
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      {
        "regime": "rotation_up",
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        "regime": "balance",
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        "regime": "rotation_down",
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      },
      {
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      },
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      },
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        "date": "2026-06-05",
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        "date": "2026-06-26",
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      },
      {
        "date": "2026-07-03",
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      },
      {
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 8028212.85,
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        "relative_strength": 27.202853,
        "stage": 2,
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        "modifier": "Established expansion",
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      },
      {
        "date": "2026-07-24",
        "close": 34.290001,
        "volume": 9761655,
        "typical_volume": 8397007.9,
        "trend": 28.033333,
        "fair_value": 31.948837,
        "relative_strength": 31.15132,
        "stage": 2,
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        "modifier": "Established expansion",
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        "direction": 60.760646,
        "energy": 45.772098,
        "activity_lines": [
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      },
      {
        "date": "2026-07-31",
        "close": 32.07,
        "volume": 19559691,
        "typical_volume": 9241285.65,
        "trend": 28.270333,
        "fair_value": 32.019158,
        "relative_strength": 19.061001,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 54.727519,
        "energy": 37.930953,
        "activity_lines": [
          33.512,
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      },
      {
        "date": "2026-08-07",
        "close": 32.799999,
        "volume": 4594524,
        "typical_volume": 9335516.95,
        "trend": 28.522667,
        "fair_value": 32.088709,
        "relative_strength": 20.32113,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 42.420815,
        "energy": 28.616427,
        "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."
    }
  }
}