{
  "ticker": {
    "uuid": "0cc40f00-2219-400a-b0f8-7e38b0f64c80",
    "symbol": "FDC",
    "name": "FDC 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": 1,
    "stage_name": "Basing",
    "phase": "1a",
    "phase_label": "Stage 1A \u00b7 Bottoming",
    "transition": "stage_1_building",
    "transition_label": "Base still building",
    "confidence": 57.329,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 21.746,
    "architecture_energy": 14.399,
    "architecture_maturity": 57.4,
    "architecture_confidence": 77.263,
    "architecture_tenure": "New",
    "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": 46.89,
        "rotation_up": 23.96,
        "upward_expansion": 61.95,
        "deceleration": 88.15,
        "rotation_down": 29.64,
        "downward_expansion": 16.62
      },
      "activity_lines": [
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        386.284763
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      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.166667
    },
    "latest_close": 369.799988,
    "trend_reference": 376.554994,
    "distance_from_trend": -0.017939,
    "trend_direction": "Weakening",
    "fair_value": 429.700066,
    "distance_from_fair_value": -0.1394,
    "fair_value_direction": "Weakening",
    "relative_strength": -7.009359,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.016462,
    "excess_performance": 0.060172,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.017939,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.002977,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.1394,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.038242,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.070094,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.0137,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.016462,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.195215,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 3969822,
      "relative_activity": 4.104664,
      "balance": 1.195215,
      "dry_up": 1.392371,
      "accumulation_observations": 1,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.078338,
      "annualized_volatility": 0.30109,
      "from_high_reference": -0.290421,
      "from_low_reference": 0.181658
    },
    "levels": {
      "trend_reference": 376.554994,
      "fair_value_reference": 429.700066,
      "structural_low": 312.950012,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 22,
        "median_return": 0.008246,
        "positive_rate": 0.545455,
        "directional_follow_through": 0.545455,
        "median_excess_return": 0.006678,
        "regime_survival": 0.772727,
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        "worst_return": -0.091665,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
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        "sufficient": true
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      {
        "horizon": "Extended",
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        "worst_return": -0.244481,
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      },
      {
        "horizon": "Full cycle",
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        "worst_return": -0.323121,
        "sufficient": false
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    ],
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        "regime": "deceleration",
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        "regime": "downward_expansion",
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        "regime": "balance",
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        "date": "2026-04-17",
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        "date": "2026-06-05",
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      },
      {
        "date": "2026-06-26",
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      },
      {
        "date": "2026-07-03",
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      },
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 793562.4,
        "trend": 377.18176,
        "fair_value": 429.129854,
        "relative_strength": 5.590933,
        "stage": 1,
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        "modifier": "Early expansion",
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        "direction": 65.23618,
        "energy": 76.591864,
        "activity_lines": [
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      },
      {
        "date": "2026-07-24",
        "close": 412.950012,
        "volume": 532846,
        "typical_volume": 804866.6,
        "trend": 377.542687,
        "fair_value": 429.616392,
        "relative_strength": 6.529129,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.767645,
        "energy": 69.289469,
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      },
      {
        "date": "2026-07-31",
        "close": 409.799988,
        "volume": 426772,
        "typical_volume": 803181.4,
        "trend": 377.393776,
        "fair_value": 429.879147,
        "relative_strength": 3.325664,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.122433,
        "energy": 44.621159,
        "activity_lines": [
          417.299998,
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        ]
      },
      {
        "date": "2026-08-07",
        "close": 369.799988,
        "volume": 3969822,
        "typical_volume": 967149.05,
        "trend": 376.554994,
        "fair_value": 429.700066,
        "relative_strength": -7.009359,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 21.745953,
        "energy": 14.398843,
        "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."
    }
  }
}