{
  "ticker": {
    "uuid": "3c7bd76f-412d-4a69-86d6-990e154cf1b1",
    "symbol": "GODFRYPHLP",
    "name": "Godfrey Phillips 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": 3,
    "stage_name": "Distribution",
    "phase": "3a",
    "phase_label": "Stage 3A \u00b7 Churning",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 81.804,
    "architecture_regime": "rotation_down",
    "architecture_regime_label": "Rotation Down",
    "architecture_modifier": "Supply rotation",
    "architecture_gate": "up",
    "architecture_direction": 21.938,
    "architecture_energy": 14.254,
    "architecture_maturity": 9.75,
    "architecture_confidence": 76.696,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The Activity Line structure is rotating downward.",
        "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion."
      },
      "scores": {
        "balance": 50.29,
        "rotation_up": 28.31,
        "upward_expansion": 37.78,
        "deceleration": 74.63,
        "rotation_down": 33.63,
        "downward_expansion": 40.78
      },
      "activity_lines": [
        2179.16665,
        2182.423642,
        2213.368584,
        2192.771406
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.5
    },
    "latest_close": 2286.0,
    "trend_reference": 2170.733342,
    "distance_from_trend": 0.0531,
    "trend_direction": "Weakening",
    "fair_value": 1911.634299,
    "distance_from_fair_value": 0.195835,
    "fair_value_direction": "Weakening",
    "relative_strength": -9.749495,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.044647,
    "excess_performance": 0.088356,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.0531,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.075284,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.195835,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.171579,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.097495,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.021048,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.044647,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.378182,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 4845138,
      "relative_activity": 1.390482,
      "balance": 1.378182,
      "dry_up": 0.921878,
      "accumulation_observations": 3,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.056562,
      "annualized_volatility": 0.445106,
      "from_high_reference": -0.417559,
      "from_low_reference": 0.247749
    },
    "levels": {
      "trend_reference": 2170.733342,
      "fair_value_reference": 1911.634299,
      "structural_low": 1832.099976,
      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 6,
        "median_return": -0.011655,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.01649,
        "regime_survival": 0.333333,
        "best_return": 0.148758,
        "worst_return": -0.202501,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 4,
        "median_return": 0.248075,
        "positive_rate": 0.75,
        "directional_follow_through": 0.25,
        "median_excess_return": 0.226859,
        "regime_survival": 0.0,
        "best_return": 0.308173,
        "worst_return": -0.138633,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": 0.19066,
        "positive_rate": 0.75,
        "directional_follow_through": 0.25,
        "median_excess_return": 0.133313,
        "regime_survival": 0.0,
        "best_return": 0.703715,
        "worst_return": -0.198359,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.755991,
        "positive_rate": 1.0,
        "directional_follow_through": 0.0,
        "median_excess_return": 0.707523,
        "regime_survival": 0.0,
        "best_return": 1.026597,
        "worst_return": 0.336241,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-01-26",
        "end": "2024-10-25",
        "tenure": "Extended",
        "return": 1.814561,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-11-01",
        "end": "2024-12-27",
        "tenure": "Developing",
        "return": -0.209445,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-01-03",
        "end": "2025-02-07",
        "tenure": "Developing",
        "return": 0.071398,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-02-14",
        "end": "2025-03-07",
        "tenure": "New",
        "return": -0.112201,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-03-14",
        "end": "2025-03-28",
        "tenure": "New",
        "return": 0.185862,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-04-04",
        "end": "2025-04-25",
        "tenure": "New",
        "return": 0.200782,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-05-02",
        "end": "2025-06-20",
        "tenure": "Developing",
        "return": -0.04598,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-06-27",
        "end": "2025-07-04",
        "tenure": "New",
        "return": -0.03804,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-07-11",
        "end": "2025-10-03",
        "tenure": "Established",
        "return": 0.229763,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-10-10",
        "end": "2025-11-14",
        "tenure": "Developing",
        "return": -0.109773,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-11-21",
        "end": "2025-12-26",
        "tenure": "Developing",
        "return": -0.021744,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-01-02",
        "end": "2026-05-08",
        "tenure": "Established",
        "return": 0.078024,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-05-15",
        "end": "2026-07-24",
        "tenure": "Developing",
        "return": -0.121778,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-07-31",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.071529,
        "active": true
      }
    ],
    "chart_path": [
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        "date": "2023-08-18",
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      },
      {
        "date": "2026-07-24",
        "close": 2129.600098,
        "volume": 1182681,
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        "gate": "mixed",
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      },
      {
        "date": "2026-07-31",
        "close": 2133.399902,
        "volume": 6022245,
        "typical_volume": 3308496.75,
        "trend": 2163.853345,
        "fair_value": 1901.446595,
        "relative_strength": -15.781491,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -17.875579,
        "energy": 32.578166,
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      },
      {
        "date": "2026-08-07",
        "close": 2286.0,
        "volume": 4845138,
        "typical_volume": 3484503.25,
        "trend": 2170.733342,
        "fair_value": 1911.634299,
        "relative_strength": -9.749495,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "up",
        "direction": 21.937593,
        "energy": 14.253863,
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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."
    }
  }
}