{
  "ticker": {
    "uuid": "c1b3efd7-fd1a-4193-a237-6eadc5187c87",
    "symbol": "MWL",
    "name": "MANGALAM WORLDWIDE LTD",
    "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": 79.305,
    "architecture_energy": 50.813,
    "architecture_maturity": 48.674,
    "architecture_confidence": 67.44,
    "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": 27.44,
        "rotation_up": 48.22,
        "upward_expansion": 75.27,
        "deceleration": 71.74,
        "rotation_down": 25.8,
        "downward_expansion": 6.6
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      "activity_lines": [
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      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.333333
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    "latest_close": 42.299999,
    "trend_reference": 32.041465,
    "distance_from_trend": 0.320164,
    "trend_direction": "Improving",
    "fair_value": 19.002459,
    "distance_from_fair_value": 1.226028,
    "fair_value_direction": "Improving",
    "relative_strength": 48.741789,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.540703,
    "excess_performance": 0.584412,
    "evidence": [
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        "label": "Price vs Trend",
        "positive": true,
        "value": 0.320164,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.140746,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 1.226028,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.152743,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.487418,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.067414,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.540703,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 3.721939,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 25210601,
      "relative_activity": 5.317486,
      "balance": 3.721939,
      "dry_up": 1.753922,
      "accumulation_observations": 3,
      "distribution_observations": 1
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    "risk": {
      "range_context": 0.072396,
      "annualized_volatility": 0.38591,
      "from_high_reference": -0.037324,
      "from_low_reference": 1.335726
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    "levels": {
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      "fair_value_reference": 19.002459,
      "structural_low": 24.285,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
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    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 9,
        "median_return": 0.025265,
        "positive_rate": 0.555556,
        "directional_follow_through": 0.555556,
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        "worst_return": -0.045068,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
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        "worst_return": -0.090446,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": 0.231757,
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        "worst_return": -0.019467,
        "sufficient": false
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      {
        "horizon": "Full cycle",
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        "regime": "balance",
        "label": "Balance",
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        "active": false
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        "regime": "balance",
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        "regime": "balance",
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      },
      {
        "date": "2026-05-29",
        "close": 37.855,
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        "typical_volume": 3638127.5,
        "trend": 28.088167,
        "fair_value": 17.403518,
        "relative_strength": 62.905195,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.291246,
        "energy": 92.754431,
        "activity_lines": [
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      },
      {
        "date": "2026-06-05",
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        "typical_volume": 3692240.0,
        "trend": 28.585333,
        "fair_value": 17.564988,
        "relative_strength": 61.275691,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.053427,
        "energy": 89.4306,
        "activity_lines": [
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      },
      {
        "date": "2026-06-12",
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        "typical_volume": 3417980.0,
        "trend": 29.136333,
        "fair_value": 17.732614,
        "relative_strength": 57.003185,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
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        "direction": 72.897684,
        "energy": 85.531506,
        "activity_lines": [
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      },
      {
        "date": "2026-06-19",
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        "typical_volume": 3388342.0,
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        "relative_strength": 50.345194,
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        "modifier": "Re-accelerating",
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      },
      {
        "date": "2026-06-26",
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        "typical_volume": 3339958.5,
        "trend": 29.964,
        "fair_value": 18.046798,
        "relative_strength": 45.721501,
        "stage": 2,
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        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.159697,
        "energy": 63.711461,
        "activity_lines": [
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      },
      {
        "date": "2026-07-03",
        "close": 37.599998,
        "volume": 3447030,
        "typical_volume": 3372007.0,
        "trend": 30.3493,
        "fair_value": 18.204413,
        "relative_strength": 43.950817,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.683361,
        "energy": 60.42373,
        "activity_lines": [
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      },
      {
        "date": "2026-07-10",
        "close": 36.650002,
        "volume": 10155558,
        "typical_volume": 3792590.9,
        "trend": 30.671767,
        "fair_value": 18.359274,
        "relative_strength": 38.572288,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 50.225491,
        "energy": 45.030174,
        "activity_lines": [
          37.206,
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      },
      {
        "date": "2026-07-17",
        "close": 37.118958,
        "volume": 5608241,
        "typical_volume": 3898590.45,
        "trend": 30.997999,
        "fair_value": 18.517777,
        "relative_strength": 37.54287,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 46.631216,
        "energy": 38.78162,
        "activity_lines": [
          37.119319,
          37.297174,
          35.289258,
          33.266548
        ]
      },
      {
        "date": "2026-07-24",
        "close": 36.0,
        "volume": 1244676,
        "typical_volume": 3777655.75,
        "trend": 31.264299,
        "fair_value": 18.671649,
        "relative_strength": 34.687087,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.307219,
        "energy": 31.998555,
        "activity_lines": [
          36.715389,
          37.075284,
          35.592977,
          33.589258
        ]
      },
      {
        "date": "2026-07-31",
        "close": 36.0,
        "volume": 1198388,
        "typical_volume": 3618347.15,
        "trend": 31.555799,
        "fair_value": 18.819292,
        "relative_strength": 29.644036,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.257704,
        "energy": 28.34105,
        "activity_lines": [
          36.417125,
          36.844485,
          35.849744,
          33.894787
        ]
      },
      {
        "date": "2026-08-07",
        "close": 42.299999,
        "volume": 25210601,
        "typical_volume": 4741075.2,
        "trend": 32.041465,
        "fair_value": 19.002459,
        "relative_strength": 48.741789,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 79.305401,
        "energy": 50.813325,
        "activity_lines": [
          38.292528,
          37.776322,
          36.663582,
          34.587961
        ]
      }
    ],
    "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."
    }
  }
}