{
  "ticker": {
    "uuid": "6925f705-8de2-4355-b039-82c79b7c141c",
    "symbol": "INDNIPPON",
    "name": "India Nippon Electricals 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": 2,
    "stage_name": "Advancing",
    "phase": "2c",
    "phase_label": "Stage 2C \u00b7 Late advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 67.988,
    "architecture_energy": 78.31,
    "architecture_maturity": 36.0,
    "architecture_confidence": 82.335,
    "architecture_tenure": "Developing",
    "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": 3.85,
        "rotation_up": 79.18,
        "upward_expansion": 92.99,
        "deceleration": 46.12,
        "rotation_down": 9.56,
        "downward_expansion": 17.32
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      "activity_lines": [
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.833333
    },
    "latest_close": 1166.0,
    "trend_reference": 868.541036,
    "distance_from_trend": 0.342481,
    "trend_direction": "Improving",
    "fair_value": 716.93409,
    "distance_from_fair_value": 0.62637,
    "fair_value_direction": "Improving",
    "relative_strength": 34.521626,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.544373,
    "excess_performance": 0.588082,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.342481,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.095872,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.62637,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.399862,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.345216,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.290249,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.544373,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 4.561374,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 220758,
      "relative_activity": 1.02951,
      "balance": 4.561374,
      "dry_up": 1.104648,
      "accumulation_observations": 3,
      "distribution_observations": 1
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    "risk": {
      "range_context": 0.074842,
      "annualized_volatility": 0.42402,
      "from_high_reference": -0.08778,
      "from_low_reference": 0.727407
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    "levels": {
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      "fair_value_reference": 716.93409,
      "structural_low": 675.0,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
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    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 25,
        "median_return": -0.010813,
        "positive_rate": 0.44,
        "directional_follow_through": 0.44,
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        "worst_return": -0.177026,
        "sufficient": true
      },
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        "horizon": "Intermediate",
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        "sufficient": true
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        "horizon": "Extended",
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        "horizon": "Full cycle",
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      },
      {
        "date": "2026-04-17",
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      {
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      },
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      },
      {
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      },
      {
        "date": "2026-06-05",
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        "trend": 791.757692,
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        "relative_strength": 18.369039,
        "stage": 3,
        "regime": "rotation_up",
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      },
      {
        "date": "2026-06-12",
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        "stage": 3,
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      },
      {
        "date": "2026-06-26",
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        "energy": 85.079554,
        "activity_lines": [
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      },
      {
        "date": "2026-07-03",
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      },
      {
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 199972.2,
        "trend": 831.054681,
        "fair_value": 702.81236,
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        "energy": 97.750161,
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      },
      {
        "date": "2026-07-24",
        "close": 1198.0,
        "volume": 184009,
        "typical_volume": 204445.35,
        "trend": 844.18182,
        "fair_value": 707.583194,
        "relative_strength": 45.452418,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
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        "direction": 83.240419,
        "energy": 93.658655,
        "activity_lines": [
          1152.01001,
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      },
      {
        "date": "2026-07-31",
        "close": 1175.900024,
        "volume": 122989,
        "typical_volume": 206648.6,
        "trend": 855.805743,
        "fair_value": 712.122162,
        "relative_strength": 37.87049,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.7681,
        "energy": 88.633454,
        "activity_lines": [
          1175.693347,
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      },
      {
        "date": "2026-08-07",
        "close": 1166.0,
        "volume": 220758,
        "typical_volume": 214430.15,
        "trend": 868.541036,
        "fair_value": 716.93409,
        "relative_strength": 34.521626,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.98796,
        "energy": 78.309866,
        "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."
    }
  }
}