{
  "ticker": {
    "uuid": "0a35698f-ab0b-48c9-8b64-e55649835fb4",
    "symbol": "TICL",
    "name": "Twamev Construction and Infrastructure 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": 4,
    "stage_name": "Declining",
    "phase": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -68.47,
    "architecture_energy": 88.454,
    "architecture_maturity": 36.0,
    "architecture_confidence": 83.696,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 3.51,
        "rotation_up": 8.84,
        "upward_expansion": 21.93,
        "deceleration": 37.02,
        "rotation_down": 80.63,
        "downward_expansion": 97.6
      },
      "activity_lines": [
        10.171333,
        12.171273,
        16.132857,
        18.284215
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.833333
    },
    "latest_close": 10.57,
    "trend_reference": 20.526667,
    "distance_from_trend": -0.48506,
    "trend_direction": "Weakening",
    "fair_value": 31.224936,
    "distance_from_fair_value": -0.661488,
    "fair_value_direction": "Weakening",
    "relative_strength": -54.065592,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.526009,
    "excess_performance": -0.4823,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.48506,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.171086,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.661488,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.408088,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.540656,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.455521,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.526009,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.858342,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 370328,
      "relative_activity": 0.103308,
      "balance": 0.858342,
      "dry_up": 0.31274,
      "accumulation_observations": 2,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.209956,
      "annualized_volatility": 0.596575,
      "from_high_reference": -0.689026,
      "from_low_reference": 0.186308
    },
    "levels": {
      "trend_reference": 20.526667,
      "fair_value_reference": 31.224936,
      "structural_low": 8.91,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 23,
        "median_return": -0.018519,
        "positive_rate": 0.434783,
        "directional_follow_through": 0.565217,
        "median_excess_return": -0.004998,
        "regime_survival": 0.782609,
        "best_return": 0.654639,
        "worst_return": -0.468734,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 9,
        "median_return": 0.013953,
        "positive_rate": 0.555556,
        "directional_follow_through": 0.444444,
        "median_excess_return": 0.03122,
        "regime_survival": 0.555556,
        "best_return": 0.646789,
        "worst_return": -0.229922,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": -0.068832,
        "positive_rate": 0.2,
        "directional_follow_through": 0.8,
        "median_excess_return": -0.130657,
        "regime_survival": 0.4,
        "best_return": 0.669768,
        "worst_return": -0.520066,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": -0.193756,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.249417,
        "regime_survival": 0.333333,
        "best_return": 3.314433,
        "worst_return": -0.281481,
        "sufficient": false
      }
    ],
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        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-08-09",
        "end": "2024-10-18",
        "tenure": "Developing",
        "return": -0.17642,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-10-25",
        "end": "2024-11-01",
        "tenure": "New",
        "return": 0.032188,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
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        "end": "2024-12-13",
        "tenure": "Developing",
        "return": 0.103973,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
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        "active": false
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      {
        "regime": "rotation_up",
        "label": "Rotation Up",
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        "return": -0.001162,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "end": "2025-02-28",
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      },
      {
        "regime": "balance",
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      {
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        "active": false
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      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-11",
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        "active": false
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      {
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        "regime": "downward_expansion",
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      },
      {
        "date": "2026-05-01",
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        "date": "2026-06-05",
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      },
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        "date": "2026-07-03",
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      },
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        "date": "2026-07-10",
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      },
      {
        "date": "2026-07-17",
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        "volume": 2505735,
        "typical_volume": 4106677.45,
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        "fair_value": 31.378718,
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        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -90.411636,
        "energy": 96.284362,
        "activity_lines": [
          12.854667,
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          20.51271
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      },
      {
        "date": "2026-07-24",
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        "volume": 1236742,
        "typical_volume": 4059643.3,
        "trend": 21.479,
        "fair_value": 31.325962,
        "relative_strength": -57.700518,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -84.835206,
        "energy": 94.51419,
        "activity_lines": [
          11.288,
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          18.015381,
          19.724688
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      },
      {
        "date": "2026-07-31",
        "close": 9.57,
        "volume": 371528,
        "typical_volume": 3860976.5,
        "trend": 20.988333,
        "fair_value": 31.272244,
        "relative_strength": -58.709973,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.021721,
        "energy": 92.141028,
        "activity_lines": [
          10.313333,
          13.095818,
          16.986714,
          18.956366
        ]
      },
      {
        "date": "2026-08-07",
        "close": 10.57,
        "volume": 370328,
        "typical_volume": 3584708.65,
        "trend": 20.526667,
        "fair_value": 31.224936,
        "relative_strength": -54.065592,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.469714,
        "energy": 88.454477,
        "activity_lines": [
          10.171333,
          12.171273,
          16.132857,
          18.284215
        ]
      }
    ],
    "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."
    }
  }
}