{
  "ticker": {
    "uuid": "210f8c6c-04a5-4fd8-90a7-9ee2cfab7538",
    "symbol": "INDUSINDBK",
    "name": "IndusInd Bank 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": "1c",
    "phase_label": "Stage 1C \u00b7 Breakout watch",
    "transition": "stage_1_to_2_watch",
    "transition_label": "Stage 1 \u2192 2 watch",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 69.946,
    "architecture_energy": 75.294,
    "architecture_maturity": 23.492,
    "architecture_confidence": 90.426,
    "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": 6.62,
        "rotation_up": 72.51,
        "upward_expansion": 92.54,
        "deceleration": 43.95,
        "rotation_down": 13.84,
        "downward_expansion": 16.88
      },
      "activity_lines": [
        1013.88999,
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        957.087054,
        932.894424
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.833333
    },
    "latest_close": 1022.0,
    "trend_reference": 913.603251,
    "distance_from_trend": 0.118648,
    "trend_direction": "Improving",
    "fair_value": 1107.509518,
    "distance_from_fair_value": -0.077209,
    "fair_value_direction": "Improving",
    "relative_strength": 18.773743,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.131031,
    "excess_performance": 0.174741,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.118648,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.045124,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.077209,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.089021,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.187737,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.008314,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.131031,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.187876,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 5472236,
      "relative_activity": 0.545648,
      "balance": 2.187876,
      "dry_up": 1.037878,
      "accumulation_observations": 1,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.044704,
      "annualized_volatility": 0.300823,
      "from_high_reference": -0.051816,
      "from_low_reference": 0.438221
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    "levels": {
      "trend_reference": 913.603251,
      "fair_value_reference": 1107.509518,
      "structural_low": 750.5,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 24,
        "median_return": 0.005696,
        "positive_rate": 0.541667,
        "directional_follow_through": 0.541667,
        "median_excess_return": 0.012744,
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        "best_return": 0.154284,
        "worst_return": -0.209086,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 9,
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        "positive_rate": 0.555556,
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        "median_excess_return": 0.000194,
        "regime_survival": 0.555556,
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        "worst_return": -0.214705,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
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        "positive_rate": 0.6,
        "directional_follow_through": 0.6,
        "median_excess_return": 0.03788,
        "regime_survival": 0.4,
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        "worst_return": -0.108806,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
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        "worst_return": -0.179976,
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      {
        "regime": "deceleration",
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      },
      {
        "date": "2026-07-24",
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      },
      {
        "date": "2026-07-31",
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      },
      {
        "date": "2026-08-07",
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        "typical_volume": 10028878.4,
        "trend": 913.603251,
        "fair_value": 1107.509518,
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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."
    }
  }
}