{
  "ticker": {
    "uuid": "0cd69ca7-387f-4a62-a233-f81dae1cf702",
    "symbol": "INDOCO",
    "name": "Indoco Remedies 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": "1b",
    "phase_label": "Stage 1B \u00b7 Basing",
    "transition": "stage_1_building",
    "transition_label": "Base still building",
    "confidence": 65.485,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 33.023,
    "architecture_energy": 17.762,
    "architecture_maturity": 46.348,
    "architecture_confidence": 72.783,
    "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": 37.88,
        "rotation_up": 29.99,
        "upward_expansion": 63.65,
        "deceleration": 84.43,
        "rotation_down": 32.02,
        "downward_expansion": 18.32
      },
      "activity_lines": [
        231.466667,
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        229.428049,
        222.371399
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.166667
    },
    "latest_close": 221.729996,
    "trend_reference": 215.608667,
    "distance_from_trend": 0.028391,
    "trend_direction": "Weakening",
    "fair_value": 291.076884,
    "distance_from_fair_value": -0.238243,
    "fair_value_direction": "Improving",
    "relative_strength": -5.651888,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.04216,
    "excess_performance": 0.085869,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.028391,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.012653,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.238243,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 7.3e-05,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.056519,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.008906,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.04216,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.044919,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 451653,
      "relative_activity": 0.47922,
      "balance": 1.044919,
      "dry_up": 1.895663,
      "accumulation_observations": 3,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.107685,
      "annualized_volatility": 0.490709,
      "from_high_reference": -0.332541,
      "from_low_reference": 0.3671
    },
    "levels": {
      "trend_reference": 215.608667,
      "fair_value_reference": 291.076884,
      "structural_low": 162.190002,
      "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": 11,
        "median_return": -0.040357,
        "positive_rate": 0.363636,
        "directional_follow_through": 0.363636,
        "median_excess_return": -0.057945,
        "regime_survival": 0.545455,
        "best_return": 0.063624,
        "worst_return": -0.147946,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 5,
        "median_return": -0.112021,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.150828,
        "regime_survival": 0.0,
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        "worst_return": -0.136591,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": -0.165432,
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        "directional_follow_through": 0.0,
        "median_excess_return": -0.276105,
        "regime_survival": 0.0,
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        "worst_return": -0.376346,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": -0.161812,
        "positive_rate": 0.25,
        "directional_follow_through": 0.25,
        "median_excess_return": -0.199775,
        "regime_survival": 0.5,
        "best_return": 0.060462,
        "worst_return": -0.231932,
        "sufficient": false
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        "color": "amber",
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      {
        "regime": "rotation_down",
        "label": "Rotation Down",
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        "active": false
      },
      {
        "regime": "deceleration",
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      {
        "regime": "balance",
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        "active": false
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        "regime": "downward_expansion",
        "label": "Downward Expansion",
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      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "date": "2026-06-05",
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      },
      {
        "date": "2026-07-03",
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      },
      {
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      },
      {
        "date": "2026-07-17",
        "close": 247.449997,
        "volume": 611705,
        "typical_volume": 643418.1,
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        "fair_value": 292.930314,
        "relative_strength": 4.415509,
        "stage": 1,
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        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.969426,
        "energy": 64.928919,
        "activity_lines": [
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      },
      {
        "date": "2026-07-24",
        "close": 243.419998,
        "volume": 331001,
        "typical_volume": 653590.8,
        "trend": 215.714334,
        "fair_value": 292.471059,
        "relative_strength": 5.690338,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.692754,
        "energy": 57.922242,
        "activity_lines": [
          247.146001,
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        ]
      },
      {
        "date": "2026-07-31",
        "close": 219.490005,
        "volume": 5752101,
        "typical_volume": 927519.35,
        "trend": 215.475667,
        "fair_value": 291.821951,
        "relative_strength": -6.442807,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 49.279827,
        "energy": 30.554799,
        "activity_lines": [
          238.529335,
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          229.211383,
          221.967894
        ]
      },
      {
        "date": "2026-08-07",
        "close": 221.729996,
        "volume": 451653,
        "typical_volume": 942475.25,
        "trend": 215.608667,
        "fair_value": 291.076884,
        "relative_strength": -5.651888,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 33.022811,
        "energy": 17.761737,
        "activity_lines": [
          231.466667,
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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."
    }
  }
}