{
  "ticker": {
    "uuid": "8141a0b5-bcce-4d84-a5b4-46ea4229f3c8",
    "symbol": "WIPL",
    "name": "The Western India Plywoods 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": "2a",
    "phase_label": "Stage 2A \u00b7 Early 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": 42.004,
    "architecture_energy": 25.816,
    "architecture_maturity": 41.337,
    "architecture_confidence": 53.25,
    "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": 30.82,
        "rotation_up": 38.84,
        "upward_expansion": 64.28,
        "deceleration": 63.61,
        "rotation_down": 23.1,
        "downward_expansion": 14.28
      },
      "activity_lines": [
        167.783334,
        168.160364,
        163.191142,
        160.152839
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
    },
    "latest_close": 168.050003,
    "trend_reference": 156.602333,
    "distance_from_trend": 0.0731,
    "trend_direction": "Improving",
    "fair_value": 165.999016,
    "distance_from_fair_value": 0.012355,
    "fair_value_direction": "Improving",
    "relative_strength": 7.094194,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.061056,
    "excess_performance": 0.104765,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.0731,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.022217,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.012355,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.026485,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.070942,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.012378,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.061056,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.490624,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 9136,
      "relative_activity": 0.953062,
      "balance": 0.490624,
      "dry_up": 1.944617,
      "accumulation_observations": 2,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.068826,
      "annualized_volatility": 0.249175,
      "from_high_reference": -0.130176,
      "from_low_reference": 0.262584
    },
    "levels": {
      "trend_reference": 156.602333,
      "fair_value_reference": 165.999016,
      "structural_low": 137.0,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 19,
        "median_return": -0.009239,
        "positive_rate": 0.473684,
        "directional_follow_through": 0.473684,
        "median_excess_return": -0.031601,
        "regime_survival": 0.684211,
        "best_return": 0.381998,
        "worst_return": -0.208468,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
        "median_return": -0.005527,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.040611,
        "regime_survival": 0.375,
        "best_return": 0.336515,
        "worst_return": -0.20064,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": -0.059824,
        "positive_rate": 0.2,
        "directional_follow_through": 0.2,
        "median_excess_return": -0.07535,
        "regime_survival": 0.2,
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        "worst_return": -0.19351,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": 0.117278,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.071981,
        "regime_survival": 0.5,
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        "worst_return": -0.163837,
        "sufficient": false
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        "end": "2024-08-23",
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      },
      {
        "regime": "upward_expansion",
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        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "active": false
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        "regime": "rotation_down",
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        "return": -0.003039,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-04",
        "end": "2025-07-18",
        "tenure": "Established",
        "return": -0.065061,
        "active": false
      },
      {
        "regime": "balance",
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        "color": "blue",
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        "trend": 154.979333,
        "fair_value": 160.859322,
        "relative_strength": 5.887175,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -8.698382,
        "energy": 9.139497,
        "activity_lines": [
          154.655334,
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      },
      {
        "date": "2026-05-01",
        "close": 156.490005,
        "volume": 1848,
        "typical_volume": 14832.65,
        "trend": 154.778667,
        "fair_value": 161.273941,
        "relative_strength": 4.880607,
        "stage": 1,
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        "modifier": "Balance after decline",
        "gate": "mixed",
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        "energy": 13.354341,
        "activity_lines": [
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      },
      {
        "date": "2026-05-08",
        "close": 159.399994,
        "volume": 2225,
        "typical_volume": 12666.2,
        "trend": 154.754,
        "fair_value": 161.684602,
        "relative_strength": 5.856392,
        "stage": 1,
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        "gate": "mixed",
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        "energy": 23.927035,
        "activity_lines": [
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        ]
      },
      {
        "date": "2026-05-15",
        "close": 152.789993,
        "volume": 2965,
        "typical_volume": 10783.1,
        "trend": 154.419,
        "fair_value": 162.042213,
        "relative_strength": 3.651266,
        "stage": 1,
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        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 19.911265,
        "energy": 19.311881,
        "activity_lines": [
          156.061997,
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      },
      {
        "date": "2026-05-22",
        "close": 142.869995,
        "volume": 9779,
        "typical_volume": 10635.15,
        "trend": 153.848,
        "fair_value": 162.325557,
        "relative_strength": -3.365249,
        "stage": 1,
        "regime": "balance",
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        "gate": "down",
        "direction": -30.95813,
        "energy": 13.359763,
        "activity_lines": [
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          152.261285,
          152.133118
        ]
      },
      {
        "date": "2026-05-29",
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        "typical_volume": 10988.7,
        "trend": 153.198667,
        "fair_value": 162.675029,
        "relative_strength": 3.794211,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
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        "energy": 10.916249,
        "activity_lines": [
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      },
      {
        "date": "2026-06-05",
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        "volume": 3207,
        "typical_volume": 10962.95,
        "trend": 152.563667,
        "fair_value": 163.026302,
        "relative_strength": 4.653613,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -2.965783,
        "energy": 7.757516,
        "activity_lines": [
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      },
      {
        "date": "2026-06-12",
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        "volume": 386,
        "typical_volume": 10257.9,
        "trend": 152.383333,
        "fair_value": 163.356644,
        "relative_strength": 4.250663,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 0.278439,
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        "activity_lines": [
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      },
      {
        "date": "2026-06-19",
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        "relative_strength": 8.190257,
        "stage": 1,
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        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 54.082986,
        "energy": 31.939012,
        "activity_lines": [
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      },
      {
        "date": "2026-06-26",
        "close": 174.520004,
        "volume": 0,
        "typical_volume": 8815.4,
        "trend": 152.661667,
        "fair_value": 164.204656,
        "relative_strength": 15.130972,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 70.202254,
        "energy": 59.541009,
        "activity_lines": [
          163.068668,
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          155.745143,
          154.255979
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      },
      {
        "date": "2026-07-03",
        "close": 176.009995,
        "volume": 3851,
        "typical_volume": 7233.0,
        "trend": 153.226333,
        "fair_value": 164.630404,
        "relative_strength": 14.763982,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.674419,
        "energy": 70.87387,
        "activity_lines": [
          168.591333,
          161.820181,
          157.872381,
          155.762322
        ]
      },
      {
        "date": "2026-07-10",
        "close": 172.179993,
        "volume": 10442,
        "typical_volume": 6903.3,
        "trend": 153.816999,
        "fair_value": 164.976014,
        "relative_strength": 12.274791,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.460067,
        "energy": 71.828695,
        "activity_lines": [
          171.269997,
          164.311634,
          159.494047,
          156.985139
        ]
      },
      {
        "date": "2026-07-17",
        "close": 166.130005,
        "volume": 48866,
        "typical_volume": 9006.3,
        "trend": 154.591999,
        "fair_value": 165.233223,
        "relative_strength": 7.604784,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.697258,
        "energy": 67.827041,
        "activity_lines": [
          170.641999,
          165.417818,
          160.426666,
          157.779526
        ]
      },
      {
        "date": "2026-07-24",
        "close": 165.059998,
        "volume": 4193,
        "typical_volume": 9143.1,
        "trend": 155.097333,
        "fair_value": 165.435524,
        "relative_strength": 9.212217,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.922896,
        "energy": 51.814219,
        "activity_lines": [
          168.859999,
          166.20709,
          161.190094,
          158.454881
        ]
      },
      {
        "date": "2026-07-31",
        "close": 169.220001,
        "volume": 12369,
        "typical_volume": 9308.55,
        "trend": 155.854333,
        "fair_value": 165.713169,
        "relative_strength": 8.888004,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.455242,
        "energy": 35.023145,
        "activity_lines": [
          168.34,
          167.529636,
          162.287476,
          159.366021
        ]
      },
      {
        "date": "2026-08-07",
        "close": 168.050003,
        "volume": 9136,
        "typical_volume": 9585.95,
        "trend": 156.602333,
        "fair_value": 165.999016,
        "relative_strength": 7.094194,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 42.004418,
        "energy": 25.815768,
        "activity_lines": [
          167.783334,
          168.160364,
          163.191142,
          160.152839
        ]
      }
    ],
    "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."
    }
  }
}