{
  "ticker": {
    "uuid": "6174d0fe-753d-4df0-b25f-7b24f3393887",
    "symbol": "TNPETRO",
    "name": "Tamilnadu Petroproducts 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": 1,
    "stage_name": "Basing",
    "phase": "1c",
    "phase_label": "Stage 1C \u00b7 Breakout watch",
    "transition": "stage_1_to_2_watch",
    "transition_label": "Stage 1 \u2192 2 watch",
    "confidence": 62.702,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 72.193,
    "architecture_energy": 51.536,
    "architecture_maturity": 10.857,
    "architecture_confidence": 86.056,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 22.86,
        "rotation_up": 61.38,
        "upward_expansion": 81.21,
        "deceleration": 53.32,
        "rotation_down": 16.54,
        "downward_expansion": 7.88
      },
      "activity_lines": [
        97.619333,
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        91.78415
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.666667
    },
    "latest_close": 101.029999,
    "trend_reference": 90.959666,
    "distance_from_trend": 0.110712,
    "trend_direction": "Weakening",
    "fair_value": 90.245258,
    "distance_from_fair_value": 0.119505,
    "fair_value_direction": "Improving",
    "relative_strength": 4.281282,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.077194,
    "excess_performance": 0.120903,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.110712,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.040759,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.119505,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.124724,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.042813,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.107269,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.077194,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 5.761495,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 706641,
      "relative_activity": 1.370254,
      "balance": 5.761495,
      "dry_up": 0.953236,
      "accumulation_observations": 5,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.055406,
      "annualized_volatility": 0.251486,
      "from_high_reference": -0.222188,
      "from_low_reference": 0.284225
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    "levels": {
      "trend_reference": 90.959666,
      "fair_value_reference": 90.245258,
      "structural_low": 78.669998,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
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        "median_return": -0.013508,
        "positive_rate": 0.428571,
        "directional_follow_through": 0.428571,
        "median_excess_return": -0.020449,
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        "worst_return": -0.189665,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 6,
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        "positive_rate": 0.333333,
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        "sufficient": true
      },
      {
        "horizon": "Extended",
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        "worst_return": -0.041748,
        "sufficient": false
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      {
        "horizon": "Full cycle",
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        "worst_return": -0.142526,
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        "regime": "balance",
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        "regime": "rotation_up",
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      {
        "regime": "deceleration",
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        "regime": "rotation_down",
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        "active": false
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      {
        "regime": "downward_expansion",
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        "regime": "upward_expansion",
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        "activity_lines": [
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      },
      {
        "date": "2026-04-17",
        "close": 91.769997,
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        "typical_volume": 777735.9,
        "trend": 99.413666,
        "fair_value": 88.697987,
        "relative_strength": -2.788193,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
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      },
      {
        "date": "2026-04-24",
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      },
      {
        "date": "2026-05-01",
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      },
      {
        "date": "2026-05-08",
        "close": 88.379997,
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        "typical_volume": 737474.25,
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      },
      {
        "date": "2026-05-15",
        "close": 89.589996,
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        "typical_volume": 750180.2,
        "trend": 96.794999,
        "fair_value": 88.911125,
        "relative_strength": -3.274905,
        "stage": 4,
        "regime": "downward_expansion",
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        "gate": "down",
        "direction": -32.409245,
        "energy": 18.276744,
        "activity_lines": [
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      },
      {
        "date": "2026-05-22",
        "close": 90.199997,
        "volume": 1347839,
        "typical_volume": 777869.75,
        "trend": 95.979332,
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        "relative_strength": -3.191465,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -20.651351,
        "energy": 11.435217,
        "activity_lines": [
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        ]
      },
      {
        "date": "2026-05-29",
        "close": 89.099998,
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        "typical_volume": 750194.55,
        "trend": 94.824666,
        "fair_value": 89.106807,
        "relative_strength": -3.821951,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
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        "energy": 10.408744,
        "activity_lines": [
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      },
      {
        "date": "2026-06-05",
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        "typical_volume": 724498.25,
        "trend": 93.774332,
        "fair_value": 89.182469,
        "relative_strength": -6.455974,
        "stage": 4,
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        "direction": -37.137132,
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        "activity_lines": [
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      },
      {
        "date": "2026-06-12",
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      },
      {
        "date": "2026-06-19",
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      },
      {
        "date": "2026-06-26",
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        "direction": 3.823468,
        "energy": 12.38085,
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      },
      {
        "date": "2026-07-03",
        "close": 97.07,
        "volume": 123867,
        "typical_volume": 596777.0,
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        "fair_value": 89.601633,
        "relative_strength": 1.375337,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 33.289695,
        "energy": 43.719316,
        "activity_lines": [
          93.345999,
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      },
      {
        "date": "2026-07-10",
        "close": 98.139999,
        "volume": 730684,
        "typical_volume": 597961.15,
        "trend": 91.926666,
        "fair_value": 89.734343,
        "relative_strength": 2.706021,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 43.857,
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        "activity_lines": [
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      },
      {
        "date": "2026-07-17",
        "close": 95.0,
        "volume": 294514,
        "typical_volume": 576293.75,
        "trend": 91.599332,
        "fair_value": 89.850313,
        "relative_strength": -0.878535,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 34.597763,
        "energy": 57.270846,
        "activity_lines": [
          95.823999,
          93.553272,
          91.076808,
          90.581053
        ]
      },
      {
        "date": "2026-07-24",
        "close": 95.0,
        "volume": 388808,
        "typical_volume": 563436.0,
        "trend": 91.294999,
        "fair_value": 89.970901,
        "relative_strength": 1.52565,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 32.326975,
        "energy": 52.59102,
        "activity_lines": [
          95.837333,
          94.093999,
          91.664523,
          90.800451
        ]
      },
      {
        "date": "2026-07-31",
        "close": 96.5,
        "volume": 576375,
        "typical_volume": 553966.3,
        "trend": 90.987666,
        "fair_value": 90.090327,
        "relative_strength": 0.466553,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 59.762223,
        "energy": 51.465171,
        "activity_lines": [
          96.056667,
          94.80909,
          92.344999,
          91.136257
        ]
      },
      {
        "date": "2026-08-07",
        "close": 101.029999,
        "volume": 706641,
        "typical_volume": 515700.65,
        "trend": 90.959666,
        "fair_value": 90.245258,
        "relative_strength": 4.281282,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.192545,
        "energy": 51.536241,
        "activity_lines": [
          97.619333,
          96.233272,
          93.387809,
          91.78415
        ]
      }
    ],
    "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."
    }
  }
}