{
  "ticker": {
    "uuid": "7d07809c-7457-44aa-8f3c-2497c5d8c89b",
    "symbol": "COROMANDEL",
    "name": "Coromandel International 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": "4c",
    "phase_label": "Stage 4C \u00b7 Repair watch",
    "transition": "stage_4_to_1_watch",
    "transition_label": "Stage 4 \u2192 1 repair watch",
    "confidence": 86.838,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Balance after decline",
    "architecture_gate": "mixed",
    "architecture_direction": 23.097,
    "architecture_energy": 22.802,
    "architecture_maturity": 11.152,
    "architecture_confidence": 64.947,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "Directional pressure has compressed into balance.",
        "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base."
      },
      "scores": {
        "balance": 39.52,
        "rotation_up": 55.24,
        "upward_expansion": 38.4,
        "deceleration": 31.54,
        "rotation_down": 17.99,
        "downward_expansion": 20.07
      },
      "activity_lines": [
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        1980.963088,
        1991.315476
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      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.666667
    },
    "latest_close": 2069.300049,
    "trend_reference": 2038.084558,
    "distance_from_trend": 0.015316,
    "trend_direction": "Weakening",
    "fair_value": 1763.379881,
    "distance_from_fair_value": 0.173485,
    "fair_value_direction": "Improving",
    "relative_strength": -2.09371,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.088535,
    "excess_performance": -0.044825,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.015316,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.044585,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.173485,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.025646,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.020937,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.085317,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.088535,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.369482,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 559498,
      "relative_activity": 0.454314,
      "balance": 0.369482,
      "dry_up": 0.536536,
      "accumulation_observations": 0,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.049435,
      "annualized_volatility": 0.312651,
      "from_high_reference": -0.169017,
      "from_low_reference": 0.202942
    },
    "levels": {
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      "fair_value_reference": 1763.379881,
      "structural_low": 1720.199951,
      "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": 13,
        "median_return": 0.015956,
        "positive_rate": 0.538462,
        "directional_follow_through": 0.538462,
        "median_excess_return": -0.004908,
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        "worst_return": -0.159926,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 7,
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        "positive_rate": 0.714286,
        "directional_follow_through": 0.714286,
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        "best_return": 0.376712,
        "worst_return": -0.117388,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
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        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": 0.160013,
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        "worst_return": -0.100814,
        "sufficient": false
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      {
        "horizon": "Full cycle",
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      {
        "regime": "rotation_up",
        "label": "Rotation Up",
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        "regime": "upward_expansion",
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      {
        "regime": "deceleration",
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      {
        "date": "2026-08-07",
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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."
    }
  }
}