{
  "ticker": {
    "uuid": "1dd689f8-45fb-42d2-a673-3960fb4a9cc2",
    "symbol": "JAYSREETEA",
    "name": "Jay Shree Tea & Industries 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": "4a",
    "phase_label": "Stage 4A \u00b7 Breakdown",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 48.123,
    "architecture_regime": "rotation_down",
    "architecture_regime_label": "Rotation Down",
    "architecture_modifier": "Supply rotation",
    "architecture_gate": "mixed",
    "architecture_direction": -6.43,
    "architecture_energy": 24.439,
    "architecture_maturity": 6.381,
    "architecture_confidence": 60.773,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The Activity Line structure is rotating downward.",
        "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion."
      },
      "scores": {
        "balance": 55.91,
        "rotation_up": 20.99,
        "upward_expansion": 21.4,
        "deceleration": 51.01,
        "rotation_down": 50.91,
        "downward_expansion": 46.4
      },
      "activity_lines": [
        83.471999,
        84.325272,
        85.568191,
        85.173118
      ],
      "activity_state": "Compressed",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.5
    },
    "latest_close": 87.019997,
    "trend_reference": 84.505,
    "distance_from_trend": 0.029762,
    "trend_direction": "Weakening",
    "fair_value": 103.729304,
    "distance_from_fair_value": -0.161086,
    "fair_value_direction": "Weakening",
    "relative_strength": -0.837399,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.020403,
    "excess_performance": 0.064112,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.029762,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.015567,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.161086,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.087114,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.008374,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.06463,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.020403,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.454885,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 296243,
      "relative_activity": 1.703817,
      "balance": 0.454885,
      "dry_up": 1.024247,
      "accumulation_observations": 1,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.060437,
      "annualized_volatility": 0.367759,
      "from_high_reference": -0.244618,
      "from_low_reference": 0.233451
    },
    "levels": {
      "trend_reference": 84.505,
      "fair_value_reference": 103.729304,
      "structural_low": 70.550003,
      "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": 5,
        "median_return": -0.030272,
        "positive_rate": 0.2,
        "directional_follow_through": 0.8,
        "median_excess_return": -0.03062,
        "regime_survival": 0.2,
        "best_return": 0.014911,
        "worst_return": -0.140131,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 4,
        "median_return": -0.088487,
        "positive_rate": 0.25,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.096253,
        "regime_survival": 0.0,
        "best_return": 0.105243,
        "worst_return": -0.149006,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": 0.014655,
        "positive_rate": 0.75,
        "directional_follow_through": 0.25,
        "median_excess_return": 0.014119,
        "regime_survival": 0.0,
        "best_return": 0.433285,
        "worst_return": -0.114734,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": -0.054594,
        "positive_rate": 0.0,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.106918,
        "regime_survival": 0.0,
        "best_return": 0.0,
        "worst_return": -0.109187,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-08-16",
        "end": "2024-11-08",
        "tenure": "Established",
        "return": 0.085038,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-11-15",
        "end": "2025-01-10",
        "tenure": "Developing",
        "return": -0.18936,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-01-17",
        "end": "2025-01-31",
        "tenure": "New",
        "return": -0.047302,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-02-07",
        "end": "2025-05-23",
        "tenure": "Established",
        "return": -0.022849,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-30",
        "end": "2025-06-06",
        "tenure": "New",
        "return": 0.087306,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-06-13",
        "end": "2025-07-25",
        "tenure": "Developing",
        "return": -0.017919,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-08-01",
        "end": "2025-08-15",
        "tenure": "New",
        "return": -0.068543,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-08-22",
        "end": "2025-09-05",
        "tenure": "New",
        "return": -0.041836,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-09-12",
        "end": "2025-10-24",
        "tenure": "Developing",
        "return": -0.015392,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-10-31",
        "end": "2026-04-17",
        "tenure": "Established",
        "return": -0.072105,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-04-24",
        "end": "2026-05-01",
        "tenure": "New",
        "return": 0.002436,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-05-08",
        "end": "2026-05-22",
        "tenure": "New",
        "return": -0.125934,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-05-29",
        "end": "2026-07-24",
        "tenure": "Developing",
        "return": -0.031685,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-07-31",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.061737,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 94.125282,
        "volume": 883975,
        "typical_volume": 198689.3,
        "trend": 87.954792,
        "fair_value": 90.425311,
        "relative_strength": -3.788529,
        "stage": 1,
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        "modifier": "Balance after decline",
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        "activity_lines": [
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      },
      {
        "date": "2023-08-25",
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      },
      {
        "date": "2023-09-01",
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      },
      {
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      },
      {
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      },
      {
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      },
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      },
      {
        "date": "2026-04-17",
        "close": 89.18,
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        "typical_volume": 174801.95,
        "trend": 87.137667,
        "fair_value": 103.924231,
        "relative_strength": -2.98018,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
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        "energy": 9.816785,
        "activity_lines": [
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      },
      {
        "date": "2026-04-24",
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        "typical_volume": 187826.2,
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        "relative_strength": 0.22775,
        "stage": 4,
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        "modifier": "Balance after decline",
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        "activity_lines": [
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      },
      {
        "date": "2026-05-01",
        "close": 90.540001,
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        "typical_volume": 186838.65,
        "trend": 86.826,
        "fair_value": 103.958857,
        "relative_strength": 0.091157,
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        "activity_lines": [
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        ]
      },
      {
        "date": "2026-05-08",
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        "typical_volume": 199566.1,
        "trend": 86.823334,
        "fair_value": 104.014087,
        "relative_strength": 5.625638,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
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        "energy": 50.273612,
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        ]
      },
      {
        "date": "2026-05-15",
        "close": 90.510002,
        "volume": 223439,
        "typical_volume": 204492.0,
        "trend": 86.702334,
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        "relative_strength": 1.631991,
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        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 30.991394,
        "energy": 50.316892,
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      },
      {
        "date": "2026-05-22",
        "close": 84.190002,
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        "typical_volume": 211143.0,
        "trend": 86.267667,
        "fair_value": 104.00444,
        "relative_strength": -5.437637,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 21.216172,
        "energy": 28.812574,
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        ]
      },
      {
        "date": "2026-05-29",
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        "typical_volume": 213707.55,
        "trend": 85.841334,
        "fair_value": 103.975378,
        "relative_strength": -5.411648,
        "stage": 4,
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        "modifier": "Upper balance after advance",
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      },
      {
        "date": "2026-06-05",
        "close": 85.279999,
        "volume": 12369,
        "typical_volume": 210625.3,
        "trend": 85.578334,
        "fair_value": 103.946118,
        "relative_strength": -1.996808,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 0.728412,
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      },
      {
        "date": "2026-06-12",
        "close": 87.080002,
        "volume": 69399,
        "typical_volume": 208939.45,
        "trend": 85.314334,
        "fair_value": 103.912443,
        "relative_strength": -0.62151,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
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      },
      {
        "date": "2026-06-19",
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        "fair_value": 103.911544,
        "relative_strength": -0.430372,
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        "gate": "up",
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      },
      {
        "date": "2026-06-26",
        "close": 89.160004,
        "volume": 0,
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        "relative_strength": 0.539946,
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        "modifier": "Upper balance after advance",
        "gate": "up",
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      },
      {
        "date": "2026-07-03",
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        "volume": 19728,
        "typical_volume": 191786.7,
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        "fair_value": 103.882318,
        "relative_strength": -3.4661,
        "stage": 1,
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        "activity_lines": [
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      },
      {
        "date": "2026-07-10",
        "close": 83.379997,
        "volume": 139712,
        "typical_volume": 192396.95,
        "trend": 85.009667,
        "fair_value": 103.849174,
        "relative_strength": -5.654522,
        "stage": 1,
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        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 10.473357,
        "energy": 5.673397,
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          86.150667,
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        ]
      },
      {
        "date": "2026-07-17",
        "close": 81.860001,
        "volume": 192131,
        "typical_volume": 196446.45,
        "trend": 84.802,
        "fair_value": 103.807882,
        "relative_strength": -7.299282,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -17.562949,
        "energy": 15.067033,
        "activity_lines": [
          84.500667,
          85.400546,
          86.191429,
          85.439033
        ]
      },
      {
        "date": "2026-07-24",
        "close": 80.68,
        "volume": 128250,
        "typical_volume": 192280.45,
        "trend": 84.592334,
        "fair_value": 103.762536,
        "relative_strength": -5.98064,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -23.38479,
        "energy": 35.630305,
        "activity_lines": [
          82.805333,
          84.447637,
          85.748001,
          85.173097
        ]
      },
      {
        "date": "2026-07-31",
        "close": 81.959999,
        "volume": 95720,
        "typical_volume": 174873.45,
        "trend": 84.387334,
        "fair_value": 103.727947,
        "relative_strength": -6.366766,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -18.528408,
        "energy": 39.791137,
        "activity_lines": [
          82.055333,
          83.906182,
          85.404143,
          85.003269
        ]
      },
      {
        "date": "2026-08-07",
        "close": 87.019997,
        "volume": 296243,
        "typical_volume": 173870.15,
        "trend": 84.505,
        "fair_value": 103.729304,
        "relative_strength": -0.837399,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -6.430416,
        "energy": 24.438674,
        "activity_lines": [
          83.471999,
          84.325272,
          85.568191,
          85.173118
        ]
      }
    ],
    "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."
    }
  }
}