{
  "ticker": {
    "uuid": "5f661ee0-558d-4f18-866e-1529f7555419",
    "symbol": "INDOWIND",
    "name": "Indowind Energy 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": -59.597,
    "architecture_energy": 34.671,
    "architecture_maturity": 100.0,
    "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": 28.47,
        "rotation_up": 21.93,
        "upward_expansion": 3.13,
        "deceleration": 51.46,
        "rotation_down": 49.92,
        "downward_expansion": 76.46
      },
      "activity_lines": [
        9.130667,
        9.178,
        9.400429,
        9.468796
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.666667
    },
    "latest_close": 8.98,
    "trend_reference": 9.955667,
    "distance_from_trend": -0.098001,
    "trend_direction": "Weakening",
    "fair_value": 18.407789,
    "distance_from_fair_value": -0.512163,
    "fair_value_direction": "Weakening",
    "relative_strength": -27.569299,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.171587,
    "excess_performance": -0.127878,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.098001,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.17548,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.512163,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.081531,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.275693,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.000795,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.171587,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.236089,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 454880,
      "relative_activity": 0.320698,
      "balance": 0.236089,
      "dry_up": 0.267882,
      "accumulation_observations": 0,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.065702,
      "annualized_volatility": 0.538427,
      "from_high_reference": -0.525871,
      "from_low_reference": 0.282857
    },
    "levels": {
      "trend_reference": 9.955667,
      "fair_value_reference": 18.407789,
      "structural_low": 7.0,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 26,
        "median_return": -0.006567,
        "positive_rate": 0.423077,
        "directional_follow_through": 0.576923,
        "median_excess_return": -0.028785,
        "regime_survival": 0.846154,
        "best_return": 0.237805,
        "worst_return": -0.266952,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 9,
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        "positive_rate": 0.444444,
        "directional_follow_through": 0.555556,
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        "worst_return": -0.513191,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
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        "positive_rate": 0.2,
        "directional_follow_through": 0.8,
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        "regime_survival": 0.6,
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        "worst_return": -0.400777,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
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        "positive_rate": 0.333333,
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        "best_return": 1.108597,
        "worst_return": -0.294265,
        "sufficient": false
      }
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        "color": "red",
        "start": "2023-03-10",
        "end": "2023-07-14",
        "tenure": "Established",
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      {
        "regime": "rotation_up",
        "label": "Rotation Up",
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      },
      {
        "regime": "deceleration",
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        "color": "amber",
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        "regime": "balance",
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        "date": "2026-05-01",
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      },
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        "date": "2026-05-22",
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      },
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      },
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        "relative_strength": -28.433765,
        "stage": 4,
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        "gate": "down",
        "direction": -55.041965,
        "energy": 35.969296,
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      },
      {
        "date": "2026-07-17",
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        "volume": 326664,
        "typical_volume": 1733363.85,
        "trend": 10.536667,
        "fair_value": 18.489199,
        "relative_strength": -26.76212,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.691005,
        "energy": 32.874739,
        "activity_lines": [
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          9.480857,
          9.71086
        ]
      },
      {
        "date": "2026-07-24",
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        "volume": 434555,
        "typical_volume": 1638966.4,
        "trend": 10.37,
        "fair_value": 18.46734,
        "relative_strength": -25.738514,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.538678,
        "energy": 31.210322,
        "activity_lines": [
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      },
      {
        "date": "2026-07-31",
        "close": 9.18,
        "volume": 303761,
        "typical_volume": 1525981.0,
        "trend": 10.145333,
        "fair_value": 18.439328,
        "relative_strength": -26.323508,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.315342,
        "energy": 31.655679,
        "activity_lines": [
          9.225333,
          9.231273,
          9.441286,
          9.543978
        ]
      },
      {
        "date": "2026-08-07",
        "close": 8.98,
        "volume": 454880,
        "typical_volume": 1418406.95,
        "trend": 9.955667,
        "fair_value": 18.407789,
        "relative_strength": -27.569299,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.597177,
        "energy": 34.670868,
        "activity_lines": [
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          9.178,
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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."
    }
  }
}