{
  "ticker": {
    "uuid": "0d0bfd36-a95f-4bc0-9ddb-0a219b9d10eb",
    "symbol": "RALLIS",
    "name": "Rallis 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": 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": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -73.807,
    "architecture_energy": 62.976,
    "architecture_maturity": 28.765,
    "architecture_confidence": 88.892,
    "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": 12.9,
        "rotation_up": 16.26,
        "upward_expansion": 11.32,
        "deceleration": 44.17,
        "rotation_down": 65.89,
        "downward_expansion": 84.65
      },
      "activity_lines": [
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      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.666667
    },
    "latest_close": 213.029999,
    "trend_reference": 246.151403,
    "distance_from_trend": -0.134557,
    "trend_direction": "Weakening",
    "fair_value": 272.334267,
    "distance_from_fair_value": -0.217763,
    "fair_value_direction": "Weakening",
    "relative_strength": -19.380238,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.212895,
    "excess_performance": -0.169186,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.134557,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.044744,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.217763,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.198633,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.193802,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.135358,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.212895,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.390248,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 3432897,
      "relative_activity": 1.138821,
      "balance": 0.390248,
      "dry_up": 2.658063,
      "accumulation_observations": 2,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.059188,
      "annualized_volatility": 0.288821,
      "from_high_reference": -0.447823,
      "from_low_reference": 0.007186
    },
    "levels": {
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      "fair_value_reference": 272.334267,
      "structural_low": 211.509995,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 28,
        "median_return": 0.003828,
        "positive_rate": 0.535714,
        "directional_follow_through": 0.464286,
        "median_excess_return": -0.007608,
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        "worst_return": -0.212473,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 10,
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        "regime_survival": 0.5,
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        "worst_return": -0.30257,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": 0.055998,
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        "directional_follow_through": 0.4,
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        "sufficient": true
      },
      {
        "horizon": "Full cycle",
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        "regime": "upward_expansion",
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        "regime": "deceleration",
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        "regime": "downward_expansion",
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        "regime": "rotation_up",
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      },
      {
        "date": "2026-07-24",
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        "volume": 17311774,
        "typical_volume": 2752207.95,
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        "fair_value": 272.332918,
        "relative_strength": -16.233403,
        "stage": 4,
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        "modifier": "Early contraction",
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        "direction": -72.63086,
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        "activity_lines": [
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      },
      {
        "date": "2026-07-31",
        "close": 217.5,
        "volume": 4128990,
        "typical_volume": 2896780.15,
        "trend": 247.47207,
        "fair_value": 272.372956,
        "relative_strength": -17.939942,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.874816,
        "energy": 53.388636,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 213.029999,
        "volume": 3432897,
        "typical_volume": 3014430.9,
        "trend": 246.151403,
        "fair_value": 272.334267,
        "relative_strength": -19.380238,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.807215,
        "energy": 62.976346,
        "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."
    }
  }
}