{
  "ticker": {
    "uuid": "27b041ac-af77-4eee-81b1-c5d9590c9dcb",
    "symbol": "AHLADA",
    "name": "Ahlada Engineers 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": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -59.104,
    "architecture_energy": 44.743,
    "architecture_maturity": 85.434,
    "architecture_confidence": 96,
    "architecture_tenure": "Extended",
    "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": 11.47,
        "rotation_up": 19.84,
        "upward_expansion": 6.62,
        "deceleration": 46.92,
        "rotation_down": 57.73,
        "downward_expansion": 82.29
      },
      "activity_lines": [
        37.826666,
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        39.742095,
        40.695591
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": -0.833333
    },
    "latest_close": 38.200001,
    "trend_reference": 42.680667,
    "distance_from_trend": -0.104981,
    "trend_direction": "Weakening",
    "fair_value": 80.652909,
    "distance_from_fair_value": -0.526365,
    "fair_value_direction": "Weakening",
    "relative_strength": -19.821926,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.227346,
    "excess_performance": -0.183637,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.104981,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.092036,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.526365,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.056563,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.198219,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.065875,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.227346,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.35288,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 43098,
      "relative_activity": 0.749545,
      "balance": 0.35288,
      "dry_up": 0.754445,
      "accumulation_observations": 0,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.077729,
      "annualized_volatility": 0.468888,
      "from_high_reference": -0.469444,
      "from_low_reference": 0.223575
    },
    "levels": {
      "trend_reference": 42.680667,
      "fair_value_reference": 80.652909,
      "structural_low": 31.219999,
      "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": 36,
        "median_return": -0.026745,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.024202,
        "regime_survival": 0.888889,
        "best_return": 0.259495,
        "worst_return": -0.276323,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 11,
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        "positive_rate": 0.181818,
        "directional_follow_through": 0.818182,
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        "regime_survival": 0.727273,
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        "worst_return": -0.241687,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
        "median_return": -0.186555,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.16781,
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        "worst_return": -0.342706,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
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        "positive_rate": 0.333333,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.279383,
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        "best_return": 0.48728,
        "worst_return": -0.386885,
        "sufficient": false
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    ],
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        "end": "2023-09-29",
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        "return": -0.001486,
        "active": false
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      {
        "regime": "rotation_up",
        "label": "Rotation Up",
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        "tenure": "Developing",
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        "active": false
      },
      {
        "regime": "balance",
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        "tenure": "New",
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        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "tenure": "Developing",
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      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "tenure": "Developing",
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        "active": false
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      {
        "regime": "rotation_down",
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      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
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        "end": "2024-04-26",
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        "return": 0.100413,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2024-08-09",
        "tenure": "Established",
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        "active": false
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        "regime": "downward_expansion",
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        "color": "red",
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        "date": "2026-04-17",
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        "date": "2026-04-24",
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        "date": "2026-06-05",
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      {
        "date": "2026-07-03",
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      {
        "date": "2026-07-10",
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        "relative_strength": -21.674286,
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      },
      {
        "date": "2026-07-17",
        "close": 38.18,
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        "typical_volume": 65361.8,
        "trend": 43.969667,
        "fair_value": 81.983232,
        "relative_strength": -21.310763,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.508636,
        "energy": 57.790442,
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          38.637999,
          39.226909,
          40.63219,
          41.830215
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      },
      {
        "date": "2026-07-24",
        "close": 38.009998,
        "volume": 40355,
        "typical_volume": 63033.9,
        "trend": 43.568,
        "fair_value": 81.527578,
        "relative_strength": -19.056593,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.820142,
        "energy": 59.456109,
        "activity_lines": [
          38.289999,
          38.910181,
          40.342285,
          41.44572
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      },
      {
        "date": "2026-07-31",
        "close": 36.959999,
        "volume": 55831,
        "typical_volume": 61013.0,
        "trend": 43.219,
        "fair_value": 81.07884,
        "relative_strength": -22.58541,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.05747,
        "energy": 63.132212,
        "activity_lines": [
          37.760665,
          38.487817,
          39.974285,
          41.019398
        ]
      },
      {
        "date": "2026-08-07",
        "close": 38.200001,
        "volume": 43098,
        "typical_volume": 57498.9,
        "trend": 42.680667,
        "fair_value": 80.652909,
        "relative_strength": -19.821926,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.103538,
        "energy": 44.742997,
        "activity_lines": [
          37.826666,
          38.345272,
          39.742095,
          40.695591
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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."
    }
  }
}