{
  "ticker": {
    "uuid": "23780f0c-752d-47ce-8491-2994b8e1ba5e",
    "symbol": "NAUKRI",
    "name": "Info Edge (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": 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": 89.473,
    "architecture_regime": "rotation_up",
    "architecture_regime_label": "Rotation Up",
    "architecture_modifier": "Emerging rotation",
    "architecture_gate": "mixed",
    "architecture_direction": 47.883,
    "architecture_energy": 77.997,
    "architecture_maturity": 22.031,
    "architecture_confidence": 69.731,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The Activity Line structure is rotating upward.",
        "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair."
      },
      "scores": {
        "balance": 11.88,
        "rotation_up": 79.64,
        "upward_expansion": 71.02,
        "deceleration": 18.02,
        "rotation_down": 16.18,
        "downward_expansion": 27.02
      },
      "activity_lines": [
        1206.369263,
        1146.139949,
        1077.823455,
        1058.215994
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 1.0
    },
    "latest_close": 1225.300049,
    "trend_reference": 1065.117643,
    "distance_from_trend": 0.150389,
    "trend_direction": "Weakening",
    "fair_value": 1247.63228,
    "distance_from_fair_value": -0.0179,
    "fair_value_direction": "Improving",
    "relative_strength": 4.484434,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.086335,
    "excess_performance": 0.130044,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.150389,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.072993,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.0179,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.187663,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.044844,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.25153,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.086335,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.792635,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 5231265,
      "relative_activity": 0.555824,
      "balance": 2.792635,
      "dry_up": 0.893909,
      "accumulation_observations": 4,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.059369,
      "annualized_volatility": 0.324329,
      "from_high_reference": -0.144418,
      "from_low_reference": 0.349004
    },
    "levels": {
      "trend_reference": 1065.117643,
      "fair_value_reference": 1247.63228,
      "structural_low": 908.299988,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 5,
        "median_return": 0.001644,
        "positive_rate": 0.6,
        "directional_follow_through": 0.6,
        "median_excess_return": -0.033308,
        "regime_survival": 0.4,
        "best_return": 0.153524,
        "worst_return": -0.087004,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 3,
        "median_return": 0.096294,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.035495,
        "regime_survival": 0.0,
        "best_return": 0.239516,
        "worst_return": -0.123406,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": 0.046963,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.088341,
        "regime_survival": 0.0,
        "best_return": 0.260082,
        "worst_return": -0.208877,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": -0.157451,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.218055,
        "regime_survival": 0.0,
        "best_return": -0.055206,
        "worst_return": -0.259695,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-11-08",
        "end": "2024-12-06",
        "tenure": "Developing",
        "return": 0.110095,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-12-13",
        "end": "2025-01-31",
        "tenure": "Developing",
        "return": -0.112463,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-02-07",
        "end": "2025-02-14",
        "tenure": "New",
        "return": -0.047659,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-02-21",
        "end": "2025-03-07",
        "tenure": "New",
        "return": -0.093305,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-03-14",
        "end": "2025-05-16",
        "tenure": "Developing",
        "return": 0.182521,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-23",
        "end": "2025-08-08",
        "tenure": "Developing",
        "return": -0.103224,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-08-15",
        "end": "2025-09-12",
        "tenure": "Developing",
        "return": -0.003516,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-09-19",
        "end": "2025-10-03",
        "tenure": "New",
        "return": -0.030666,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-10-10",
        "end": "2025-11-28",
        "tenure": "Developing",
        "return": -0.000418,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-12-05",
        "end": "2026-01-30",
        "tenure": "Developing",
        "return": -0.10031,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-02-06",
        "end": "2026-04-24",
        "tenure": "Developing",
        "return": -0.126756,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-05-01",
        "end": "2026-05-01",
        "tenure": "New",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
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        "end": "2026-07-03",
        "tenure": "Developing",
        "return": 0.054292,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
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        "end": "2026-08-07",
        "tenure": "Developing",
        "return": 0.02079,
        "active": true
      }
    ],
    "chart_path": [
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        "date": "2023-08-18",
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      },
      {
        "date": "2026-07-31",
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      },
      {
        "date": "2026-08-07",
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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."
    }
  }
}