{
  "ticker": {
    "uuid": "8190ab0a-cb17-4e1a-8e30-d9df1116cca3",
    "symbol": "NIBL",
    "name": "NRB Industrial Bearings 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": 61.001,
    "architecture_energy": 66.891,
    "architecture_maturity": 13.549,
    "architecture_confidence": 86.556,
    "architecture_tenure": "New",
    "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": 24.54,
        "rotation_up": 72.91,
        "upward_expansion": 90.32,
        "deceleration": 41.98,
        "rotation_down": 9.39,
        "downward_expansion": 14.66
      },
      "activity_lines": [
        34.7,
        33.325273,
        32.178667,
        31.569247
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.833333
    },
    "latest_close": 34.720001,
    "trend_reference": 31.017667,
    "distance_from_trend": 0.119362,
    "trend_direction": "Improving",
    "fair_value": 30.906474,
    "distance_from_fair_value": 0.123389,
    "fair_value_direction": "Improving",
    "relative_strength": 15.252548,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.197241,
    "excess_performance": 0.240951,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.119362,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.02461,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.123389,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.038735,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.152525,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.011088,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.197241,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.368219,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 123550,
      "relative_activity": 0.936264,
      "balance": 2.368219,
      "dry_up": 2.457245,
      "accumulation_observations": 3,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.097882,
      "annualized_volatility": 0.358682,
      "from_high_reference": -0.14902,
      "from_low_reference": 0.443059
    },
    "levels": {
      "trend_reference": 31.017667,
      "fair_value_reference": 30.906474,
      "structural_low": 25.299999,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 20,
        "median_return": -0.015061,
        "positive_rate": 0.35,
        "directional_follow_through": 0.35,
        "median_excess_return": -0.000395,
        "regime_survival": 0.55,
        "best_return": 0.2949,
        "worst_return": -0.233807,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 10,
        "median_return": -0.027562,
        "positive_rate": 0.4,
        "directional_follow_through": 0.4,
        "median_excess_return": -0.003964,
        "regime_survival": 0.4,
        "best_return": 0.378688,
        "worst_return": -0.337929,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 7,
        "median_return": -0.106302,
        "positive_rate": 0.428571,
        "directional_follow_through": 0.428571,
        "median_excess_return": -0.13778,
        "regime_survival": 0.285714,
        "best_return": 0.852423,
        "worst_return": -0.428428,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": -0.33091,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.287846,
        "regime_survival": 0.0,
        "best_return": 0.655507,
        "worst_return": -0.350711,
        "sufficient": false
      }
    ],
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        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-09-13",
        "end": "2024-10-11",
        "tenure": "Developing",
        "return": -0.120871,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-10-18",
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        "tenure": "New",
        "return": -0.211419,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-11-08",
        "end": "2025-05-23",
        "tenure": "Extended",
        "return": -0.163694,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
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        "regime": "upward_expansion",
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        "tenure": "Established",
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        "active": false
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        "typical_volume": 337100.45,
        "trend": 30.136667,
        "fair_value": 29.928654,
        "relative_strength": 13.734484,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 2.40257,
        "energy": 8.894243,
        "activity_lines": [
          30.371334,
          29.746546,
          30.079191,
          30.136495
        ]
      },
      {
        "date": "2026-05-08",
        "close": 32.560001,
        "volume": 96351,
        "typical_volume": 339506.8,
        "trend": 30.191333,
        "fair_value": 30.018782,
        "relative_strength": 16.361346,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 38.584333,
        "energy": 26.432163,
        "activity_lines": [
          31.297334,
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        ]
      },
      {
        "date": "2026-05-15",
        "close": 32.869999,
        "volume": 334257,
        "typical_volume": 354554.7,
        "trend": 30.326333,
        "fair_value": 30.110577,
        "relative_strength": 19.367019,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 58.959297,
        "energy": 41.642905,
        "activity_lines": [
          31.979333,
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          30.50481,
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        ]
      },
      {
        "date": "2026-05-22",
        "close": 30.58,
        "volume": 177924,
        "typical_volume": 235716.55,
        "trend": 30.28,
        "fair_value": 30.190577,
        "relative_strength": 10.101197,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 51.044117,
        "energy": 36.686498,
        "activity_lines": [
          31.669333,
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          30.485762,
          30.482022
        ]
      },
      {
        "date": "2026-05-29",
        "close": 29.74,
        "volume": 103708,
        "typical_volume": 161581.6,
        "trend": 30.272667,
        "fair_value": 30.266154,
        "relative_strength": 7.46904,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 31.463218,
        "energy": 17.859599,
        "activity_lines": [
          31.074,
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        ]
      },
      {
        "date": "2026-06-05",
        "close": 29.690001,
        "volume": 3915,
        "typical_volume": 149668.55,
        "trend": 30.355,
        "fair_value": 30.337244,
        "relative_strength": 8.119717,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -2.2481,
        "energy": 2.082547,
        "activity_lines": [
          30.496667,
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          30.409592
        ]
      },
      {
        "date": "2026-06-12",
        "close": 30.709999,
        "volume": 6880,
        "typical_volume": 134135.3,
        "trend": 30.361333,
        "fair_value": 30.390513,
        "relative_strength": 10.332435,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
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      },
      {
        "date": "2026-06-19",
        "close": 30.82,
        "volume": 9070,
        "typical_volume": 127931.4,
        "trend": 30.429333,
        "fair_value": 30.435513,
        "relative_strength": 8.544541,
        "stage": 2,
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        "modifier": "Balance after decline",
        "gate": "mixed",
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        "energy": 4.547365,
        "activity_lines": [
          30.404667,
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        ]
      },
      {
        "date": "2026-06-26",
        "close": 30.030001,
        "volume": 0,
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        "trend": 30.449333,
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        "relative_strength": 5.295463,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -14.811141,
        "energy": 8.494965,
        "activity_lines": [
          30.312,
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          30.419286,
          30.436323
        ]
      },
      {
        "date": "2026-07-03",
        "close": 30.620001,
        "volume": 58617,
        "typical_volume": 96037.75,
        "trend": 30.523667,
        "fair_value": 30.523333,
        "relative_strength": 6.149954,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -9.688876,
        "energy": 3.9524,
        "activity_lines": [
          30.452667,
          30.586364,
          30.442572,
          30.447334
        ]
      },
      {
        "date": "2026-07-10",
        "close": 30.620001,
        "volume": 94341,
        "typical_volume": 89461.95,
        "trend": 30.527667,
        "fair_value": 30.574103,
        "relative_strength": 6.137245,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 2.484635,
        "energy": 1.14679,
        "activity_lines": [
          30.534667,
          30.535819,
          30.466334,
          30.453549
        ]
      },
      {
        "date": "2026-07-17",
        "close": 34.93,
        "volume": 409288,
        "typical_volume": 104616.45,
        "trend": 30.741334,
        "fair_value": 30.662115,
        "relative_strength": 19.792663,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 39.661718,
        "energy": 34.558097,
        "activity_lines": [
          31.991334,
          31.282364,
          30.904381,
          30.73757
        ]
      },
      {
        "date": "2026-07-24",
        "close": 36.98,
        "volume": 458512,
        "typical_volume": 122220.3,
        "trend": 31.010667,
        "fair_value": 30.754615,
        "relative_strength": 28.720501,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 76.217382,
        "energy": 66.702372,
        "activity_lines": [
          33.85,
          32.358546,
          31.520238,
          31.140065
        ]
      },
      {
        "date": "2026-07-31",
        "close": 33.869999,
        "volume": 305688,
        "typical_volume": 129577.35,
        "trend": 30.927,
        "fair_value": 30.828462,
        "relative_strength": 14.044334,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.42194,
        "energy": 61.995679,
        "activity_lines": [
          34.261333,
          32.794546,
          31.818048,
          31.324538
        ]
      },
      {
        "date": "2026-08-07",
        "close": 34.720001,
        "volume": 123550,
        "typical_volume": 131960.6,
        "trend": 31.017667,
        "fair_value": 30.906474,
        "relative_strength": 15.252548,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.0013,
        "energy": 66.890879,
        "activity_lines": [
          34.7,
          33.325273,
          32.178667,
          31.569247
        ]
      }
    ],
    "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."
    }
  }
}