{
  "ticker": {
    "uuid": "7d07c42b-aa7b-4163-98f1-9c846bae9b2b",
    "symbol": "MIRCELECTR",
    "name": "Onida Electronics 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": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 30.78,
    "architecture_energy": 21.972,
    "architecture_maturity": 58.005,
    "architecture_confidence": 88.743,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 44.43,
        "rotation_up": 25.17,
        "upward_expansion": 56.94,
        "deceleration": 87.73,
        "rotation_down": 32.15,
        "downward_expansion": 18.27
      },
      "activity_lines": [
        38.508,
        39.639091,
        39.245952,
        37.088516
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.333333
    },
    "latest_close": 38.380001,
    "trend_reference": 34.65,
    "distance_from_trend": 0.107648,
    "trend_direction": "Improving",
    "fair_value": 23.624167,
    "distance_from_fair_value": 0.624608,
    "fair_value_direction": "Weakening",
    "relative_strength": 22.739608,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.18056,
    "excess_performance": 0.224269,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.107648,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.150309,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.624608,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.340778,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.227396,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.524038,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.18056,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.204484,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 1783525,
      "relative_activity": 0.236293,
      "balance": 0.204484,
      "dry_up": 0.13251,
      "accumulation_observations": 0,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.110855,
      "annualized_volatility": 0.520905,
      "from_high_reference": -0.220394,
      "from_low_reference": 0.846968
    },
    "levels": {
      "trend_reference": 34.65,
      "fair_value_reference": 23.624167,
      "structural_low": 22.68,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 12,
        "median_return": -0.057002,
        "positive_rate": 0.25,
        "directional_follow_through": 0.25,
        "median_excess_return": -0.033351,
        "regime_survival": 0.333333,
        "best_return": 0.123308,
        "worst_return": -0.159269,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 7,
        "median_return": 0.034466,
        "positive_rate": 0.571429,
        "directional_follow_through": 0.571429,
        "median_excess_return": -0.029089,
        "regime_survival": 0.0,
        "best_return": 0.500889,
        "worst_return": -0.284768,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
        "median_return": -0.091983,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.17028,
        "regime_survival": 0.333333,
        "best_return": 0.119022,
        "worst_return": -0.419256,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.12779,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.070734,
        "regime_survival": 0.333333,
        "best_return": 0.193211,
        "worst_return": -0.368653,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-11-08",
        "end": "2024-12-20",
        "tenure": "Developing",
        "return": 0.038996,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-12-27",
        "end": "2025-02-14",
        "tenure": "Developing",
        "return": -0.255084,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-02-21",
        "end": "2025-07-25",
        "tenure": "Established",
        "return": 0.079118,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-08-01",
        "end": "2025-08-15",
        "tenure": "New",
        "return": 0.718134,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "end": "2025-10-10",
        "tenure": "Developing",
        "return": -0.057425,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2025-10-24",
        "tenure": "New",
        "return": 0.050301,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "end": "2025-11-21",
        "tenure": "New",
        "return": -0.082569,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2026-01-09",
        "tenure": "Developing",
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        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "tenure": "Developing",
        "return": -0.142358,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2026-03-20",
        "tenure": "New",
        "return": -0.093205,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
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        "end": "2026-04-03",
        "tenure": "New",
        "return": 0.061086,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2026-04-24",
        "tenure": "New",
        "return": 0.053406,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "active": false
      },
      {
        "regime": "deceleration",
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        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.0,
        "active": true
      }
    ],
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      },
      {
        "date": "2026-05-01",
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      },
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        "date": "2026-05-08",
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      },
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        "date": "2026-05-15",
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        "modifier": "Re-accelerating",
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      },
      {
        "date": "2026-05-22",
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      },
      {
        "date": "2026-05-29",
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      },
      {
        "date": "2026-06-05",
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        "relative_strength": 53.255031,
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        "modifier": "Re-accelerating",
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        "activity_lines": [
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      },
      {
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      },
      {
        "date": "2026-06-19",
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      },
      {
        "date": "2026-06-26",
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        "fair_value": 22.893846,
        "relative_strength": 50.888613,
        "stage": 2,
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        "modifier": "Established expansion",
        "gate": "up",
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      },
      {
        "date": "2026-07-03",
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        "relative_strength": 54.440668,
        "stage": 2,
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        "modifier": "Established expansion",
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      },
      {
        "date": "2026-07-10",
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        "trend": 33.288,
        "fair_value": 23.187564,
        "relative_strength": 44.416178,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.513456,
        "energy": 49.88941,
        "activity_lines": [
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      },
      {
        "date": "2026-07-17",
        "close": 39.189999,
        "volume": 367694,
        "typical_volume": 8044816.8,
        "trend": 33.758666,
        "fair_value": 23.301282,
        "relative_strength": 31.696095,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.936248,
        "energy": 42.204931,
        "activity_lines": [
          41.459333,
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          36.319075
        ]
      },
      {
        "date": "2026-07-24",
        "close": 38.18,
        "volume": 1129617,
        "typical_volume": 7942965.15,
        "trend": 34.120333,
        "fair_value": 23.412051,
        "relative_strength": 29.455653,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 44.625851,
        "energy": 30.537095,
        "activity_lines": [
          40.328,
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          38.943476,
          36.604322
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      },
      {
        "date": "2026-07-31",
        "close": 37.66,
        "volume": 719860,
        "typical_volume": 7667073.95,
        "trend": 34.414666,
        "fair_value": 23.520449,
        "relative_strength": 22.706973,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 36.447155,
        "energy": 19.237728,
        "activity_lines": [
          39.151333,
          39.982909,
          39.091762,
          36.832688
        ]
      },
      {
        "date": "2026-08-07",
        "close": 38.380001,
        "volume": 1783525,
        "typical_volume": 7547924.55,
        "trend": 34.65,
        "fair_value": 23.624167,
        "relative_strength": 22.739608,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.779523,
        "energy": 21.972492,
        "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."
    }
  }
}