{
  "ticker": {
    "uuid": "cf29e9ef-a1bc-4099-8dbd-ca2158880177",
    "symbol": "MARINE",
    "name": "Marine Electricals (India) 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": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 86.461,
    "architecture_energy": 58.851,
    "architecture_maturity": 39.362,
    "architecture_confidence": 86.217,
    "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": 20.59,
        "rotation_up": 62.19,
        "upward_expansion": 78.78,
        "deceleration": 60.77,
        "rotation_down": 19.05,
        "downward_expansion": 7.78
      },
      "activity_lines": [
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      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Stable",
      "price_acceptance": 0.5
    },
    "latest_close": 336.899994,
    "trend_reference": 221.763001,
    "distance_from_trend": 0.519189,
    "trend_direction": "Improving",
    "fair_value": 181.530917,
    "distance_from_fair_value": 0.855882,
    "fair_value_direction": "Improving",
    "relative_strength": 55.70764,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.790688,
    "excess_performance": 0.834397,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.519189,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.075169,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.855882,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.378997,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.557076,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.319639,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.790688,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 3.508745,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 12334837,
      "relative_activity": 4.07656,
      "balance": 3.508745,
      "dry_up": 1.779113,
      "accumulation_observations": 3,
      "distribution_observations": 1
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    "risk": {
      "range_context": 0.088435,
      "annualized_volatility": 0.544389,
      "from_high_reference": -0.023337,
      "from_low_reference": 1.233196
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    "levels": {
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      "fair_value_reference": 181.530917,
      "structural_low": 150.860001,
      "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",
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        "positive_rate": 0.615385,
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        "sufficient": true
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        "horizon": "Intermediate",
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        "worst_return": -0.465375,
        "sufficient": true
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        "horizon": "Extended",
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        "horizon": "Full cycle",
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 2312106.45,
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        "fair_value": 177.291644,
        "relative_strength": 20.082449,
        "stage": 2,
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        "modifier": "Early expansion",
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        "direction": 58.715591,
        "energy": 46.316934,
        "activity_lines": [
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      },
      {
        "date": "2026-07-24",
        "close": 254.800003,
        "volume": 2954262,
        "typical_volume": 2370612.0,
        "trend": 215.564002,
        "fair_value": 178.510279,
        "relative_strength": 24.565712,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
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        "direction": 47.214528,
        "energy": 37.159662,
        "activity_lines": [
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      },
      {
        "date": "2026-07-31",
        "close": 266.0,
        "volume": 3701786,
        "typical_volume": 2485946.7,
        "trend": 217.309668,
        "fair_value": 179.800709,
        "relative_strength": 25.70772,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 49.87054,
        "energy": 33.031943,
        "activity_lines": [
          259.743335,
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      },
      {
        "date": "2026-08-07",
        "close": 336.899994,
        "volume": 12334837,
        "typical_volume": 3025795.6,
        "trend": 221.763001,
        "fair_value": 181.530917,
        "relative_strength": 55.70764,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.460954,
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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."
    }
  }
}