{
  "ticker": {
    "uuid": "78040cd0-a4a3-459e-9787-33429bd09546",
    "symbol": "KOHINOOR",
    "name": "Kohinoor Foods 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": -64.238,
    "architecture_energy": 63.996,
    "architecture_maturity": 8.957,
    "architecture_confidence": 85.992,
    "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": 28.42,
        "rotation_up": 9.46,
        "upward_expansion": 13.57,
        "deceleration": 37.34,
        "rotation_down": 74.6,
        "downward_expansion": 91.57
      },
      "activity_lines": [
        23.278666,
        23.898364,
        24.458381,
        24.498667
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -1.0
    },
    "latest_close": 23.049999,
    "trend_reference": 24.572667,
    "distance_from_trend": -0.061966,
    "trend_direction": "Weakening",
    "fair_value": 35.613077,
    "distance_from_fair_value": -0.352766,
    "fair_value_direction": "Weakening",
    "relative_strength": -14.979728,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.105896,
    "excess_performance": -0.062187,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.061966,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.049989,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.352766,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.075442,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.149797,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.05526,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.105896,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.393773,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 235659,
      "relative_activity": 0.678243,
      "balance": 0.393773,
      "dry_up": 1.245944,
      "accumulation_observations": 1,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.067512,
      "annualized_volatility": 0.382678,
      "from_high_reference": -0.364313,
      "from_low_reference": 0.200521
    },
    "levels": {
      "trend_reference": 24.572667,
      "fair_value_reference": 35.613077,
      "structural_low": 19.200001,
      "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": 24,
        "median_return": -0.014804,
        "positive_rate": 0.416667,
        "directional_follow_through": 0.583333,
        "median_excess_return": -0.018489,
        "regime_survival": 0.833333,
        "best_return": 0.346154,
        "worst_return": -0.380311,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 9,
        "median_return": -0.084416,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.124478,
        "regime_survival": 0.555556,
        "best_return": 0.421277,
        "worst_return": -0.248227,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": -0.17377,
        "positive_rate": 0.25,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.192625,
        "regime_survival": 0.5,
        "best_return": 0.470886,
        "worst_return": -0.365459,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": -0.1157,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.227828,
        "regime_survival": 0.5,
        "best_return": 0.100379,
        "worst_return": -0.331778,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2023-11-03",
        "end": "2023-11-10",
        "tenure": "New",
        "return": 0.002571,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
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        "end": "2023-12-08",
        "tenure": "New",
        "return": 0.507134,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2023-12-15",
        "end": "2024-01-19",
        "tenure": "Developing",
        "return": -0.087824,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2024-03-15",
        "tenure": "Developing",
        "return": -0.154616,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-03-22",
        "end": "2024-04-05",
        "tenure": "New",
        "return": 0.010613,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2025-01-31",
        "tenure": "Extended",
        "return": -0.098945,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-02-07",
        "end": "2025-05-16",
        "tenure": "Established",
        "return": -0.037844,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2025-06-06",
        "tenure": "New",
        "return": -0.01913,
        "active": false
      },
      {
        "regime": "rotation_up",
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        "end": "2025-06-20",
        "tenure": "New",
        "return": -0.036996,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2025-08-29",
        "tenure": "Developing",
        "return": -0.060949,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-09-05",
        "end": "2025-09-19",
        "tenure": "New",
        "return": -0.003792,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-09-26",
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        "return": -0.26938,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2026-07-24",
        "tenure": "Developing",
        "return": -0.061809,
        "active": false
      },
      {
        "regime": "downward_expansion",
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        "return": -0.011578,
        "active": true
      }
    ],
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        "relative_strength": -3.700171,
        "stage": 4,
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        "modifier": "Established contraction",
        "gate": "down",
        "direction": -6.610168,
        "energy": 11.103848,
        "activity_lines": [
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        ]
      },
      {
        "date": "2026-05-01",
        "close": 25.84,
        "volume": 489064,
        "typical_volume": 450892.9,
        "trend": 26.841667,
        "fair_value": 36.784936,
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        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
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        "energy": 19.932145,
        "activity_lines": [
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      },
      {
        "date": "2026-05-08",
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        "typical_volume": 463327.15,
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        "stage": 4,
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      },
      {
        "date": "2026-05-15",
        "close": 24.41,
        "volume": 351712,
        "typical_volume": 466071.15,
        "trend": 26.328,
        "fair_value": 36.600513,
        "relative_strength": -14.165485,
        "stage": 4,
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        "energy": 17.385876,
        "activity_lines": [
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      },
      {
        "date": "2026-05-22",
        "close": 24.43,
        "volume": 304655,
        "typical_volume": 450770.6,
        "trend": 26.068667,
        "fair_value": 36.505192,
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        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
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        "direction": -17.630258,
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        ]
      },
      {
        "date": "2026-05-29",
        "close": 25.52,
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        "trend": 25.865667,
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        "modifier": "Balance after decline",
        "gate": "down",
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      },
      {
        "date": "2026-06-05",
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        "typical_volume": 434661.1,
        "trend": 25.654667,
        "fair_value": 36.325321,
        "relative_strength": -9.699697,
        "stage": 4,
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        "gate": "down",
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        "energy": 16.721645,
        "activity_lines": [
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      },
      {
        "date": "2026-06-12",
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        "typical_volume": 425146.95,
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      },
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        "date": "2026-06-19",
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      },
      {
        "date": "2026-06-26",
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        "relative_strength": -7.028863,
        "stage": 4,
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        "gate": "mixed",
        "direction": 16.889817,
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      },
      {
        "date": "2026-07-03",
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        "volume": 122895,
        "typical_volume": 370469.15,
        "trend": 25.152667,
        "fair_value": 36.017115,
        "relative_strength": -11.123247,
        "stage": 4,
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        "modifier": "Balance after decline",
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      },
      {
        "date": "2026-07-10",
        "close": 24.370001,
        "volume": 562452,
        "typical_volume": 375906.1,
        "trend": 25.060667,
        "fair_value": 35.951859,
        "relative_strength": -11.615727,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -26.372802,
        "energy": 10.2917,
        "activity_lines": [
          24.959334,
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      },
      {
        "date": "2026-07-17",
        "close": 23.76,
        "volume": 538820,
        "typical_volume": 380527.7,
        "trend": 24.956334,
        "fair_value": 35.86859,
        "relative_strength": -13.582621,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -43.301914,
        "energy": 23.433636,
        "activity_lines": [
          24.536667,
          24.757455,
          24.880953,
          24.828366
        ]
      },
      {
        "date": "2026-07-24",
        "close": 22.92,
        "volume": 593238,
        "typical_volume": 383489.85,
        "trend": 24.780333,
        "fair_value": 35.778974,
        "relative_strength": -14.007945,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -53.482305,
        "energy": 46.852454,
        "activity_lines": [
          23.872667,
          24.414182,
          24.713619,
          24.696989
        ]
      },
      {
        "date": "2026-07-31",
        "close": 23.32,
        "volume": 363921,
        "typical_volume": 367596.45,
        "trend": 24.663667,
        "fair_value": 35.697372,
        "relative_strength": -14.063813,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.415099,
        "energy": 58.345464,
        "activity_lines": [
          23.536667,
          24.170727,
          24.597191,
          24.602774
        ]
      },
      {
        "date": "2026-08-07",
        "close": 23.049999,
        "volume": 235659,
        "typical_volume": 347454.9,
        "trend": 24.572667,
        "fair_value": 35.613077,
        "relative_strength": -14.979728,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.238009,
        "energy": 63.996416,
        "activity_lines": [
          23.278666,
          23.898364,
          24.458381,
          24.498667
        ]
      }
    ],
    "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."
    }
  }
}