{
  "ticker": {
    "uuid": "7491d261-dc1c-44c4-98d0-3168199a9e14",
    "symbol": "SUNDARMFIN",
    "name": "Sundaram Finance 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": -16.894,
    "architecture_energy": 10.442,
    "architecture_maturity": 59.299,
    "architecture_confidence": 63.508,
    "architecture_tenure": "Developing",
    "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": 54.05,
        "rotation_up": 29.53,
        "upward_expansion": 27.84,
        "deceleration": 46.28,
        "rotation_down": 23.25,
        "downward_expansion": 47.51
      },
      "activity_lines": [
        4565.339941,
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      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.166667
    },
    "latest_close": 4604.200195,
    "trend_reference": 4763.147477,
    "distance_from_trend": -0.03337,
    "trend_direction": "Weakening",
    "fair_value": 4402.055321,
    "distance_from_fair_value": 0.045921,
    "fair_value_direction": "Weakening",
    "relative_strength": -2.262267,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.153484,
    "excess_performance": -0.109775,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.03337,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.030638,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.045921,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.073034,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.022623,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.029346,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.153484,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.563656,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 509785,
      "relative_activity": 1.900046,
      "balance": 0.563656,
      "dry_up": 1.15983,
      "accumulation_observations": 2,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.052536,
      "annualized_volatility": 0.310352,
      "from_high_reference": -0.183942,
      "from_low_reference": 0.131685
    },
    "levels": {
      "trend_reference": 4763.147477,
      "fair_value_reference": 4402.055321,
      "structural_low": 4068.446539,
      "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": 15,
        "median_return": -0.004767,
        "positive_rate": 0.466667,
        "directional_follow_through": 0.533333,
        "median_excess_return": 0.003281,
        "regime_survival": 0.8,
        "best_return": 0.141823,
        "worst_return": -0.162898,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 5,
        "median_return": 0.04955,
        "positive_rate": 0.8,
        "directional_follow_through": 0.2,
        "median_excess_return": 0.052254,
        "regime_survival": 0.4,
        "best_return": 0.144123,
        "worst_return": -0.209633,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": 0.091743,
        "positive_rate": 0.75,
        "directional_follow_through": 0.25,
        "median_excess_return": 0.083973,
        "regime_survival": 0.25,
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        "worst_return": -0.190995,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
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        "worst_return": -0.018207,
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        "regime": "downward_expansion",
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        "regime": "balance",
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        "color": "blue",
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        "regime": "upward_expansion",
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        "regime": "deceleration",
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      },
      {
        "date": "2026-07-17",
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      },
      {
        "date": "2026-07-24",
        "close": 4447.799805,
        "volume": 216937,
        "typical_volume": 267541.7,
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      },
      {
        "date": "2026-07-31",
        "close": 4669.799805,
        "volume": 284516,
        "typical_volume": 267524.9,
        "trend": 4784.247624,
        "fair_value": 4388.911706,
        "relative_strength": -0.077976,
        "stage": 4,
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        "modifier": "Established contraction",
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        "energy": 14.402447,
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      },
      {
        "date": "2026-08-07",
        "close": 4604.200195,
        "volume": 509785,
        "typical_volume": 268301.45,
        "trend": 4763.147477,
        "fair_value": 4402.055321,
        "relative_strength": -2.262267,
        "stage": 4,
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        "modifier": "Established contraction",
        "gate": "down",
        "direction": -16.893972,
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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."
    }
  }
}