{
  "ticker": {
    "uuid": "60faf3c4-cb2b-48cb-b5e3-8a3193d5ac3d",
    "symbol": "RAILTEL",
    "name": "RailTel Corporation of 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": 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": -56.079,
    "architecture_energy": 70.273,
    "architecture_maturity": 9.304,
    "architecture_confidence": 74.435,
    "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": 15.77,
        "rotation_up": 6.33,
        "upward_expansion": 22.15,
        "deceleration": 43.06,
        "rotation_down": 76.82,
        "downward_expansion": 85.82
      },
      "activity_lines": [
        289.233329,
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        305.753854,
        305.466132
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.833333
    },
    "latest_close": 288.549988,
    "trend_reference": 309.03787,
    "distance_from_trend": -0.066296,
    "trend_direction": "Weakening",
    "fair_value": 353.083904,
    "distance_from_fair_value": -0.182772,
    "fair_value_direction": "Weakening",
    "relative_strength": -11.573794,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.106301,
    "excess_performance": -0.062592,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.066296,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.045339,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.182772,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.194287,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.115738,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.124037,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.106301,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.176258,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 2738421,
      "relative_activity": 0.308715,
      "balance": 0.176258,
      "dry_up": 0.296046,
      "accumulation_observations": 0,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.049305,
      "annualized_volatility": 0.348177,
      "from_high_reference": -0.296818,
      "from_low_reference": 0.177755
    },
    "levels": {
      "trend_reference": 309.03787,
      "fair_value_reference": 353.083904,
      "structural_low": 245.0,
      "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": 16,
        "median_return": -0.011411,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.01234,
        "regime_survival": 0.8125,
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        "worst_return": -0.204531,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
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        "worst_return": -0.314436,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
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        "positive_rate": 0.333333,
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        "sufficient": false
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      {
        "horizon": "Full cycle",
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      {
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        "regime": "balance",
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        "regime": "rotation_up",
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 9344679.7,
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        "energy": 27.135867,
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      },
      {
        "date": "2026-07-24",
        "close": 284.75,
        "volume": 2347446,
        "typical_volume": 9078972.95,
        "trend": 313.842643,
        "fair_value": 351.526637,
        "relative_strength": -10.429829,
        "stage": 4,
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      },
      {
        "date": "2026-07-31",
        "close": 284.5,
        "volume": 3270724,
        "typical_volume": 9005088.05,
        "trend": 310.831316,
        "fair_value": 352.299451,
        "relative_strength": -12.44017,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.272371,
        "energy": 68.350758,
        "activity_lines": [
          292.333333,
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      },
      {
        "date": "2026-08-07",
        "close": 288.549988,
        "volume": 2738421,
        "typical_volume": 8870396.4,
        "trend": 309.03787,
        "fair_value": 353.083904,
        "relative_strength": -11.573794,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.079018,
        "energy": 70.273239,
        "activity_lines": [
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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."
    }
  }
}