{
  "ticker": {
    "uuid": "4874e6d0-efcb-464d-b035-1d0df12126ed",
    "symbol": "ALMONDZ",
    "name": "Almondz Global Securities 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": 90.876,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -24.085,
    "architecture_energy": 14.837,
    "architecture_maturity": 45.139,
    "architecture_confidence": 75.414,
    "architecture_tenure": "Developing",
    "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": 43.16,
        "rotation_up": 33.49,
        "upward_expansion": 21.58,
        "deceleration": 39.37,
        "rotation_down": 28.2,
        "downward_expansion": 57.91
      },
      "activity_lines": [
        13.980667,
        13.669636,
        13.969667,
        14.147355
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      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.166667
    },
    "latest_close": 14.47,
    "trend_reference": 14.429333,
    "distance_from_trend": 0.002818,
    "trend_direction": "Weakening",
    "fair_value": 20.495823,
    "distance_from_fair_value": -0.294002,
    "fair_value_direction": "Weakening",
    "relative_strength": -8.979107,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.025514,
    "excess_performance": 0.069223,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.002818,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.080798,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.294002,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.129491,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.089791,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.070204,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.025514,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.544467,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 631114,
      "relative_activity": 1.032716,
      "balance": 1.544467,
      "dry_up": 2.04093,
      "accumulation_observations": 1,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.094094,
      "annualized_volatility": 0.542359,
      "from_high_reference": -0.345249,
      "from_low_reference": 0.354869
    },
    "levels": {
      "trend_reference": 14.429333,
      "fair_value_reference": 20.495823,
      "structural_low": 10.68,
      "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": 29,
        "median_return": -0.048266,
        "positive_rate": 0.310345,
        "directional_follow_through": 0.689655,
        "median_excess_return": -0.041064,
        "regime_survival": 0.896552,
        "best_return": 0.289753,
        "worst_return": -0.217612,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 9,
        "median_return": -0.089323,
        "positive_rate": 0.111111,
        "directional_follow_through": 0.888889,
        "median_excess_return": -0.084268,
        "regime_survival": 0.666667,
        "best_return": 0.06682,
        "worst_return": -0.142857,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": -0.177,
        "positive_rate": 0.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.225255,
        "regime_survival": 0.5,
        "best_return": -0.085583,
        "worst_return": -0.231169,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": -0.300716,
        "positive_rate": 0.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.429025,
        "regime_survival": 0.5,
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        "worst_return": -0.335576,
        "sufficient": false
      }
    ],
    "ledger": [
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        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2023-06-09",
        "end": "2023-06-30",
        "tenure": "New",
        "return": 0.113751,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2023-07-07",
        "end": "2023-09-08",
        "tenure": "Developing",
        "return": 0.139883,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2023-09-15",
        "end": "2024-01-05",
        "tenure": "Established",
        "return": 0.511781,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
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        "return": 0.192521,
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      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "return": 0.392583,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2024-12-27",
        "tenure": "Established",
        "return": 0.043643,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "end": "2025-01-31",
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        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2025-02-07",
        "tenure": "New",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-02-14",
        "end": "2025-07-11",
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        "return": -0.031119,
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      },
      {
        "regime": "balance",
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        "regime": "downward_expansion",
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      {
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      },
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        "date": "2026-04-24",
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      },
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 620721.45,
        "trend": 14.807333,
        "fair_value": 20.527724,
        "relative_strength": -17.764428,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
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        "direction": -58.420044,
        "energy": 49.511897,
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          13.999619,
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        ]
      },
      {
        "date": "2026-07-24",
        "close": 12.86,
        "volume": 212050,
        "typical_volume": 610031.4,
        "trend": 14.669667,
        "fair_value": 20.51438,
        "relative_strength": -17.684063,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.757551,
        "energy": 47.472136,
        "activity_lines": [
          13.096667,
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      },
      {
        "date": "2026-07-31",
        "close": 14.76,
        "volume": 3884872,
        "typical_volume": 710417.3,
        "trend": 14.539,
        "fair_value": 20.504776,
        "relative_strength": -7.175606,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -27.775891,
        "energy": 17.074758,
        "activity_lines": [
          13.644667,
          13.487636,
          13.937238,
          14.151806
        ]
      },
      {
        "date": "2026-08-07",
        "close": 14.47,
        "volume": 631114,
        "typical_volume": 611120.65,
        "trend": 14.429333,
        "fair_value": 20.495823,
        "relative_strength": -8.979107,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -24.08507,
        "energy": 14.837411,
        "activity_lines": [
          13.980667,
          13.669636,
          13.969667,
          14.147355
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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."
    }
  }
}