{
  "ticker": {
    "uuid": "63a7d891-5101-426e-8b0e-311190b07eaa",
    "symbol": "ADVANIHOTR",
    "name": "Advani Hotels & Resorts (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": "4a",
    "phase_label": "Stage 4A \u00b7 Breakdown",
    "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": -62.056,
    "architecture_energy": 54.846,
    "architecture_maturity": 5.994,
    "architecture_confidence": 84.508,
    "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": 24.01,
        "rotation_up": 12.69,
        "upward_expansion": 12.72,
        "deceleration": 36.31,
        "rotation_down": 66.27,
        "downward_expansion": 83.72
      },
      "activity_lines": [
        51.004,
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        52.257322,
        52.324381
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.5
    },
    "latest_close": 50.189999,
    "trend_reference": 52.82716,
    "distance_from_trend": -0.049921,
    "trend_direction": "Weakening",
    "fair_value": 58.740664,
    "distance_from_fair_value": -0.145566,
    "fair_value_direction": "Weakening",
    "relative_strength": -7.164418,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.090415,
    "excess_performance": -0.046706,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.049921,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.019157,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.145566,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.08709,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.071644,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.07486,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.090415,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.341956,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 224483,
      "relative_activity": 1.931786,
      "balance": 0.341956,
      "dry_up": 1.129535,
      "accumulation_observations": 0,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.044752,
      "annualized_volatility": 0.197334,
      "from_high_reference": -0.241914,
      "from_low_reference": 0.083955
    },
    "levels": {
      "trend_reference": 52.82716,
      "fair_value_reference": 58.740664,
      "structural_low": 46.302669,
      "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": 20,
        "median_return": 0.022409,
        "positive_rate": 0.6,
        "directional_follow_through": 0.4,
        "median_excess_return": 0.012257,
        "regime_survival": 0.75,
        "best_return": 0.242353,
        "worst_return": -0.073199,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 7,
        "median_return": 0.031638,
        "positive_rate": 0.714286,
        "directional_follow_through": 0.285714,
        "median_excess_return": 0.022657,
        "regime_survival": 0.285714,
        "best_return": 0.298824,
        "worst_return": -0.081938,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": 0.013955,
        "positive_rate": 0.6,
        "directional_follow_through": 0.4,
        "median_excess_return": 0.074733,
        "regime_survival": 0.2,
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        "worst_return": -0.13219,
        "sufficient": true
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      {
        "horizon": "Full cycle",
        "sample_count": 2,
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        "positive_rate": 0.5,
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        "median_excess_return": 0.026102,
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        "worst_return": -0.12008,
        "sufficient": false
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        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2024-04-26",
        "tenure": "New",
        "return": -0.04273,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "end": "2024-05-24",
        "tenure": "New",
        "return": -0.089651,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
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        "active": false
      },
      {
        "regime": "deceleration",
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        "color": "amber",
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        "end": "2024-08-02",
        "tenure": "Developing",
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        "active": false
      },
      {
        "regime": "balance",
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        "active": false
      },
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        "regime": "downward_expansion",
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        "end": "2024-12-27",
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        "active": false
      },
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        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-01-17",
        "end": "2025-05-23",
        "tenure": "Established",
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        "active": false
      },
      {
        "regime": "balance",
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        "active": false
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        "regime": "downward_expansion",
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        "modifier": "Early contraction",
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        "direction": -39.751167,
        "energy": 26.326288,
        "activity_lines": [
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      },
      {
        "date": "2026-04-24",
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        "typical_volume": 245922.9,
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      },
      {
        "date": "2026-05-01",
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      },
      {
        "date": "2026-05-08",
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      },
      {
        "date": "2026-05-15",
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        "relative_strength": -2.220145,
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      },
      {
        "date": "2026-05-22",
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        "modifier": "Balance after decline",
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      },
      {
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      },
      {
        "date": "2026-06-05",
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      {
        "date": "2026-06-12",
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      },
      {
        "date": "2026-07-03",
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      },
      {
        "date": "2026-07-10",
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      },
      {
        "date": "2026-07-17",
        "close": 51.900002,
        "volume": 86365,
        "typical_volume": 116115.9,
        "trend": 53.303906,
        "fair_value": 58.527626,
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        "stage": 1,
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        "gate": "down",
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        "energy": 13.196574,
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          52.762001,
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          52.664432,
          52.775836
        ]
      },
      {
        "date": "2026-07-24",
        "close": 51.119999,
        "volume": 89547,
        "typical_volume": 111637.95,
        "trend": 53.117913,
        "fair_value": 58.590037,
        "relative_strength": -2.663122,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -52.404258,
        "energy": 28.80852,
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          52.164667,
          52.496151,
          52.557982,
          52.634939
        ]
      },
      {
        "date": "2026-07-31",
        "close": 51.060001,
        "volume": 124635,
        "typical_volume": 111175.45,
        "trend": 52.945732,
        "fair_value": 58.656174,
        "relative_strength": -5.007576,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -54.250578,
        "energy": 41.308798,
        "activity_lines": [
          51.656667,
          52.205637,
          52.450743,
          52.50217
        ]
      },
      {
        "date": "2026-08-07",
        "close": 50.189999,
        "volume": 224483,
        "typical_volume": 116204.9,
        "trend": 52.82716,
        "fair_value": 58.740664,
        "relative_strength": -7.164418,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.055578,
        "energy": 54.845699,
        "activity_lines": [
          51.004,
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          52.324381
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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."
    }
  }
}