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    "symbol": "FLAIR",
    "name": "FLAIR WRITING INDUST LTD",
    "exchange": "NSI",
    "country": "IN",
    "assetType": "equity"
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    "phase": "4b",
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      },
      {
        "date": "2026-03-27",
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        "date": "2026-04-03",
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        "date": "2026-07-17",
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        "fair_value": 293.820021,
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        "direction": -69.449564,
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        "activity_lines": [
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      },
      {
        "date": "2026-07-24",
        "close": 252.5,
        "volume": 732235,
        "typical_volume": 489707.7,
        "trend": 299.221913,
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        "relative_strength": -13.427729,
        "stage": 4,
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        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.513023,
        "energy": 76.828172,
        "activity_lines": [
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      },
      {
        "date": "2026-07-31",
        "close": 257.200012,
        "volume": 267390,
        "typical_volume": 482099.0,
        "trend": 297.337134,
        "fair_value": 293.263306,
        "relative_strength": -13.599984,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.624227,
        "energy": 66.763684,
        "activity_lines": [
          257.083339,
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      },
      {
        "date": "2026-08-07",
        "close": 252.399994,
        "volume": 867167,
        "typical_volume": 500860.4,
        "trend": 295.184195,
        "fair_value": 292.973495,
        "relative_strength": -15.488986,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.266862,
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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."
    }
  }
}