{
  "ticker": {
    "uuid": "2148d715-8897-4563-a0cc-862397d358fb",
    "symbol": "TORNTPOWER",
    "name": "Torrent Power 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": 74.39,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -64.134,
    "architecture_energy": 37.902,
    "architecture_maturity": 9.031,
    "architecture_confidence": 88.168,
    "architecture_tenure": "New",
    "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": 37.18,
        "rotation_up": 20.1,
        "upward_expansion": 5.08,
        "deceleration": 46.69,
        "rotation_down": 51.15,
        "downward_expansion": 78.41
      },
      "activity_lines": [
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      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": -0.666667
    },
    "latest_close": 1350.800049,
    "trend_reference": 1453.945577,
    "distance_from_trend": -0.070942,
    "trend_direction": "Improving",
    "fair_value": 1328.779453,
    "distance_from_fair_value": 0.016572,
    "fair_value_direction": "Weakening",
    "relative_strength": -1.56661,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.044929,
    "excess_performance": -0.00122,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.070942,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.026641,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.016572,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.346789,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.015666,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.312383,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.044929,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.505413,
        "read": "Supply-led"
      }
    ],
    "volume": {
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      "relative_activity": 1.001864,
      "balance": 0.505413,
      "dry_up": 0.889767,
      "accumulation_observations": 0,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.068307,
      "annualized_volatility": 0.383626,
      "from_high_reference": -0.256906,
      "from_low_reference": 0.148819
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    "levels": {
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      "fair_value_reference": 1328.779453,
      "structural_low": 1285.0,
      "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": 12,
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        "regime_survival": 0.666667,
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        "worst_return": -0.152768,
        "sufficient": true
      },
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        "horizon": "Intermediate",
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        "horizon": "Extended",
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      },
      {
        "date": "2026-07-24",
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      },
      {
        "date": "2026-07-31",
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      },
      {
        "date": "2026-08-07",
        "close": 1350.800049,
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        "typical_volume": 2064205.35,
        "trend": 1453.945577,
        "fair_value": 1328.779453,
        "relative_strength": -1.56661,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
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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."
    }
  }
}