{
  "ticker": {
    "uuid": "a3dd8b5c-8fad-497b-8837-fcc1721ccdcc",
    "symbol": "MTARTECH",
    "name": "MTAR Technologies 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": "2c",
    "phase_label": "Stage 2C \u00b7 Late advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 18.186,
    "architecture_energy": 23.719,
    "architecture_maturity": 83.0,
    "architecture_confidence": 96,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 51.33,
        "rotation_up": 21.14,
        "upward_expansion": 48.61,
        "deceleration": 85.1,
        "rotation_down": 40.73,
        "downward_expansion": 28.95
      },
      "activity_lines": [
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        6220.858066
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.166667
    },
    "latest_close": 7085.5,
    "trend_reference": 5343.406665,
    "distance_from_trend": 0.326027,
    "trend_direction": "Improving",
    "fair_value": 2560.107689,
    "distance_from_fair_value": 1.767657,
    "fair_value_direction": "Weakening",
    "relative_strength": 76.708166,
    "relative_strength_direction": "Weakening",
    "price_momentum": 1.166356,
    "excess_performance": 1.210065,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.326027,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.391898,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 1.767657,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.268871,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.767082,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.7941,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 1.166356,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.065308,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 1040506,
      "relative_activity": 0.291732,
      "balance": 2.065308,
      "dry_up": 0.314803,
      "accumulation_observations": 2,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.135917,
      "annualized_volatility": 0.706211,
      "from_high_reference": -0.186883,
      "from_low_reference": 4.095649
    },
    "levels": {
      "trend_reference": 5343.406665,
      "fair_value_reference": 2560.107689,
      "structural_low": 3240.0,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 8,
        "median_return": 0.001447,
        "positive_rate": 0.625,
        "directional_follow_through": 0.625,
        "median_excess_return": -0.009742,
        "regime_survival": 0.5,
        "best_return": 0.120465,
        "worst_return": -0.045682,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 4,
        "median_return": 0.257995,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": 0.248276,
        "regime_survival": 0.0,
        "best_return": 0.493881,
        "worst_return": -0.107847,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": 0.429415,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": 0.407057,
        "regime_survival": 0.5,
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        "worst_return": -0.192537,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
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        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
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        "best_return": 2.883358,
        "worst_return": -0.270192,
        "sufficient": false
      }
    ],
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        "end": "2023-11-03",
        "tenure": "Extended",
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        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2023-12-08",
        "tenure": "Developing",
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        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
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        "end": "2024-01-19",
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        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-01-26",
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        "tenure": "Established",
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        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "tenure": "Established",
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        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
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        "end": "2024-12-27",
        "tenure": "Established",
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        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2025-02-07",
        "tenure": "Developing",
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        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
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        "end": "2025-05-23",
        "tenure": "Established",
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        "active": false
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      {
        "regime": "rotation_up",
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        "return": -0.062652,
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        "regime": "deceleration",
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        "regime": "upward_expansion",
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      },
      {
        "date": "2026-07-24",
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      },
      {
        "date": "2026-07-31",
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      },
      {
        "date": "2026-08-07",
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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."
    }
  }
}