{
  "ticker": {
    "uuid": "107d583f-c8c0-49c1-9698-cade7232e675",
    "symbol": "DODLA",
    "name": "Dodla Dairy 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": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Balance after decline",
    "architecture_gate": "down",
    "architecture_direction": -55.177,
    "architecture_energy": 36.472,
    "architecture_maturity": 20.0,
    "architecture_confidence": 77.793,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "Directional pressure has compressed into balance.",
        "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base."
      },
      "scores": {
        "balance": 27.02,
        "rotation_up": 15.59,
        "upward_expansion": 7.62,
        "deceleration": 42.36,
        "rotation_down": 63.27,
        "downward_expansion": 76.29
      },
      "activity_lines": [
        1055.966634,
        1074.633969,
        1079.473356,
        1080.511488
      ],
      "activity_state": "Moderate",
      "activity_direction": "Stable",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.333333
    },
    "latest_close": 1041.599976,
    "trend_reference": 1096.417127,
    "distance_from_trend": -0.049997,
    "trend_direction": "Weakening",
    "fair_value": 1089.225858,
    "distance_from_fair_value": -0.043725,
    "fair_value_direction": "Weakening",
    "relative_strength": -10.847918,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.132723,
    "excess_performance": -0.089014,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.049997,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.040061,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.043725,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.116443,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.108479,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.049714,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.132723,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.70876,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 75163,
      "relative_activity": 0.607393,
      "balance": 0.70876,
      "dry_up": 1.004813,
      "accumulation_observations": 0,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.055277,
      "annualized_volatility": 0.271502,
      "from_high_reference": -0.3056,
      "from_low_reference": 0.080386
    },
    "levels": {
      "trend_reference": 1096.417127,
      "fair_value_reference": 1089.225858,
      "structural_low": 964.099976,
      "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": 10,
        "median_return": -0.022267,
        "positive_rate": 0.4,
        "directional_follow_through": 0.4,
        "median_excess_return": -0.021682,
        "regime_survival": 0.5,
        "best_return": 0.260076,
        "worst_return": -0.112835,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 5,
        "median_return": 0.024051,
        "positive_rate": 0.6,
        "directional_follow_through": 0.6,
        "median_excess_return": 0.049784,
        "regime_survival": 0.2,
        "best_return": 0.52056,
        "worst_return": -0.06591,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": 0.211335,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.128894,
        "regime_survival": 0.0,
        "best_return": 0.22857,
        "worst_return": -0.151601,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.444527,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.288652,
        "regime_survival": 0.0,
        "best_return": 0.840627,
        "worst_return": 0.048427,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-10-11",
        "end": "2024-10-18",
        "tenure": "New",
        "return": 0.001238,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-10-25",
        "end": "2025-01-03",
        "tenure": "Developing",
        "return": -0.015135,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-01-10",
        "end": "2025-01-17",
        "tenure": "New",
        "return": -0.057429,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-01-24",
        "end": "2025-01-31",
        "tenure": "New",
        "return": 0.070314,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-02-07",
        "end": "2025-04-04",
        "tenure": "Developing",
        "return": 0.011387,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2025-06-06",
        "tenure": "Developing",
        "return": 0.117895,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
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        "end": "2025-06-20",
        "tenure": "New",
        "return": 0.007063,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-06-27",
        "end": "2025-08-08",
        "tenure": "Developing",
        "return": -0.086467,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-08-15",
        "end": "2025-09-05",
        "tenure": "New",
        "return": 0.120279,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "return": -0.081827,
        "active": false
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      {
        "regime": "balance",
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        "return": 0.003964,
        "active": false
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      {
        "regime": "rotation_down",
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        "active": false
      },
      {
        "regime": "downward_expansion",
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        "color": "red",
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        "end": "2026-06-12",
        "tenure": "Extended",
        "return": -0.115105,
        "active": false
      },
      {
        "regime": "balance",
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        "return": -0.056606,
        "active": true
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    ],
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      },
      {
        "date": "2026-07-24",
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      },
      {
        "date": "2026-07-31",
        "close": 1040.599976,
        "volume": 294727,
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        "trend": 1102.107129,
        "fair_value": 1087.294527,
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        "stage": 4,
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        "modifier": "Balance after decline",
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        "energy": 23.830293,
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      },
      {
        "date": "2026-08-07",
        "close": 1041.599976,
        "volume": 75163,
        "typical_volume": 123746.85,
        "trend": 1096.417127,
        "fair_value": 1089.225858,
        "relative_strength": -10.847918,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
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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."
    }
  }
}