{
  "ticker": {
    "uuid": "29024225-048f-45b1-9565-73f19677e779",
    "symbol": "RUCHIRA",
    "name": "Ruchira Papers 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": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -44.05,
    "architecture_energy": 28.382,
    "architecture_maturity": 6.503,
    "architecture_confidence": 76.679,
    "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": 38.0,
        "rotation_up": 13.95,
        "upward_expansion": 8.71,
        "deceleration": 55.25,
        "rotation_down": 54.05,
        "downward_expansion": 70.04
      },
      "activity_lines": [
        108.095999,
        108.377999,
        111.240856,
        111.070946
      ],
      "activity_state": "Compressed",
      "activity_direction": "Stable",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.666667
    },
    "latest_close": 111.18,
    "trend_reference": 111.522666,
    "distance_from_trend": -0.003073,
    "trend_direction": "Weakening",
    "fair_value": 123.779858,
    "distance_from_fair_value": -0.101792,
    "fair_value_direction": "Weakening",
    "relative_strength": -7.026421,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.094478,
    "excess_performance": -0.050769,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.003073,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.040054,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.101792,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.10387,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.070264,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.082395,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.094478,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.015227,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 145741,
      "relative_activity": 1.091908,
      "balance": 1.015227,
      "dry_up": 1.352725,
      "accumulation_observations": 4,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.05699,
      "annualized_volatility": 0.315309,
      "from_high_reference": -0.33787,
      "from_low_reference": 0.168225
    },
    "levels": {
      "trend_reference": 111.522666,
      "fair_value_reference": 123.779858,
      "structural_low": 95.169998,
      "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": 18,
        "median_return": 0.00533,
        "positive_rate": 0.5,
        "directional_follow_through": 0.444444,
        "median_excess_return": 0.00457,
        "regime_survival": 0.722222,
        "best_return": 0.13731,
        "worst_return": -0.161671,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 7,
        "median_return": -0.020571,
        "positive_rate": 0.428571,
        "directional_follow_through": 0.571429,
        "median_excess_return": 0.026428,
        "regime_survival": 0.285714,
        "best_return": 0.188801,
        "worst_return": -0.136836,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": 0.132997,
        "positive_rate": 0.8,
        "directional_follow_through": 0.2,
        "median_excess_return": 0.031683,
        "regime_survival": 0.0,
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        "worst_return": -0.096434,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": 0.111275,
        "positive_rate": 0.75,
        "directional_follow_through": 0.25,
        "median_excess_return": -0.031238,
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        "best_return": 0.832589,
        "worst_return": -0.138237,
        "sufficient": false
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        "regime": "rotation_down",
        "label": "Rotation Down",
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        "end": "2024-11-29",
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        "active": false
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      {
        "regime": "balance",
        "label": "Balance",
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        "tenure": "Developing",
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        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
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      },
      {
        "regime": "balance",
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      {
        "regime": "rotation_up",
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      {
        "regime": "upward_expansion",
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      {
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        "regime": "upward_expansion",
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        "modifier": "Established contraction",
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        "activity_lines": [
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      },
      {
        "date": "2026-04-24",
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      },
      {
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      },
      {
        "date": "2026-05-08",
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      },
      {
        "date": "2026-05-15",
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        "trend": 117.015,
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        "stage": 4,
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        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 24.955544,
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      },
      {
        "date": "2026-05-22",
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        "typical_volume": 180682.25,
        "trend": 116.732333,
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        "stage": 1,
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        "modifier": "Value reclamation",
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        "direction": 37.565111,
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        "activity_lines": [
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      },
      {
        "date": "2026-05-29",
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        "typical_volume": 182087.75,
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        "relative_strength": -1.427624,
        "stage": 1,
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      },
      {
        "date": "2026-06-05",
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        "typical_volume": 179532.45,
        "trend": 115.584,
        "fair_value": 123.419048,
        "relative_strength": -3.872152,
        "stage": 4,
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        "gate": "mixed",
        "direction": 12.457954,
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      },
      {
        "date": "2026-06-12",
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        "typical_volume": 175093.2,
        "trend": 114.793,
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        "relative_strength": -8.060427,
        "stage": 4,
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        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": -17.880575,
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      },
      {
        "date": "2026-06-19",
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        "fair_value": 123.488608,
        "relative_strength": -7.808542,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
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        "activity_lines": [
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      },
      {
        "date": "2026-06-26",
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        "fair_value": 123.555875,
        "relative_strength": -6.218814,
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        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -9.45066,
        "energy": 20.462403,
        "activity_lines": [
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      },
      {
        "date": "2026-07-03",
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        "volume": 11604,
        "typical_volume": 138908.25,
        "trend": 113.688,
        "fair_value": 123.60225,
        "relative_strength": -8.403272,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
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        "activity_lines": [
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      },
      {
        "date": "2026-07-10",
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        "volume": 335533,
        "typical_volume": 137341.1,
        "trend": 113.204,
        "fair_value": 123.635124,
        "relative_strength": -11.568494,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -55.956498,
        "energy": 41.108963,
        "activity_lines": [
          109.118665,
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      },
      {
        "date": "2026-07-17",
        "close": 103.699997,
        "volume": 80168,
        "typical_volume": 132623.9,
        "trend": 112.693333,
        "fair_value": 123.668103,
        "relative_strength": -13.336334,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -61.074994,
        "energy": 54.452366,
        "activity_lines": [
          107.177331,
          109.75818,
          111.966999,
          111.765118
        ]
      },
      {
        "date": "2026-07-24",
        "close": 106.470001,
        "volume": 304412,
        "typical_volume": 139188.5,
        "trend": 112.219333,
        "fair_value": 123.712441,
        "relative_strength": -8.611717,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -49.966259,
        "energy": 51.821294,
        "activity_lines": [
          106.491999,
          108.638908,
          111.537475,
          111.363612
        ]
      },
      {
        "date": "2026-07-31",
        "close": 108.239998,
        "volume": 191892,
        "typical_volume": 140781.2,
        "trend": 111.737,
        "fair_value": 123.754752,
        "relative_strength": -9.121916,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -47.826517,
        "energy": 48.155589,
        "activity_lines": [
          106.666665,
          108.084726,
          111.259666,
          111.106881
        ]
      },
      {
        "date": "2026-08-07",
        "close": 111.18,
        "volume": 145741,
        "typical_volume": 133473.7,
        "trend": 111.522666,
        "fair_value": 123.779858,
        "relative_strength": -7.026421,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -44.049783,
        "energy": 28.38177,
        "activity_lines": [
          108.095999,
          108.377999,
          111.240856,
          111.070946
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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."
    }
  }
}