{
  "ticker": {
    "uuid": "83048d5e-2e84-43e3-b9e7-a82183c05494",
    "symbol": "ESCORTS",
    "name": "Escorts Kubota 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": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Balance after decline",
    "architecture_gate": "down",
    "architecture_direction": 0.787,
    "architecture_energy": 12.987,
    "architecture_maturity": 27.856,
    "architecture_confidence": 63.166,
    "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": 62.63,
        "rotation_up": 37.94,
        "upward_expansion": 32.67,
        "deceleration": 46.92,
        "rotation_down": 14.41,
        "downward_expansion": 41.0
      },
      "activity_lines": [
        3018.340023,
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        2955.610617,
        3009.807528
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.333333
    },
    "latest_close": 3080.0,
    "trend_reference": 3124.912948,
    "distance_from_trend": -0.014373,
    "trend_direction": "Weakening",
    "fair_value": 3326.369414,
    "distance_from_fair_value": -0.074066,
    "fair_value_direction": "Weakening",
    "relative_strength": -6.980375,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.177529,
    "excess_performance": -0.13382,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.014373,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.075698,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.074066,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.025401,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.069804,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.004607,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.177529,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.190571,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 1062461,
      "relative_activity": 1.993075,
      "balance": 0.190571,
      "dry_up": 1.307737,
      "accumulation_observations": 1,
      "distribution_observations": 5
    },
    "risk": {
      "range_context": 0.044378,
      "annualized_volatility": 0.294226,
      "from_high_reference": -0.259441,
      "from_low_reference": 0.141389
    },
    "levels": {
      "trend_reference": 3124.912948,
      "fair_value_reference": 3326.369414,
      "structural_low": 2698.466029,
      "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": 12,
        "median_return": 0.055988,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": 0.029688,
        "regime_survival": 0.416667,
        "best_return": 0.22334,
        "worst_return": -0.192179,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
        "median_return": 0.113118,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": 0.075513,
        "regime_survival": 0.125,
        "best_return": 0.389705,
        "worst_return": -0.04712,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 7,
        "median_return": 0.159954,
        "positive_rate": 0.714286,
        "directional_follow_through": 0.714286,
        "median_excess_return": 0.111297,
        "regime_survival": 0.142857,
        "best_return": 0.5789,
        "worst_return": -0.082594,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": 0.217349,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": 0.144723,
        "regime_survival": 0.25,
        "best_return": 0.572988,
        "worst_return": -0.02059,
        "sufficient": false
      }
    ],
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        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-05-03",
        "end": "2024-05-17",
        "tenure": "New",
        "return": 0.090686,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-05-24",
        "end": "2024-07-19",
        "tenure": "Developing",
        "return": 0.033154,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-07-26",
        "end": "2024-09-27",
        "tenure": "Developing",
        "return": 0.044011,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "tenure": "New",
        "return": -0.049867,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2024-11-08",
        "tenure": "New",
        "return": 0.038596,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-11-15",
        "end": "2024-11-22",
        "tenure": "New",
        "return": 0.002041,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-11-29",
        "end": "2025-04-18",
        "tenure": "Established",
        "return": -0.078185,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-04-25",
        "end": "2025-05-23",
        "tenure": "Developing",
        "return": 0.053064,
        "active": false
      },
      {
        "regime": "rotation_up",
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        "end": "2025-06-06",
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        "return": -0.00858,
        "active": false
      },
      {
        "regime": "balance",
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      },
      {
        "regime": "upward_expansion",
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      },
      {
        "regime": "balance",
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      },
      {
        "regime": "downward_expansion",
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      {
        "regime": "balance",
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        "active": true
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    ],
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      },
      {
        "date": "2026-07-24",
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      },
      {
        "date": "2026-07-31",
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      },
      {
        "date": "2026-08-07",
        "close": 3080.0,
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        "trend": 3124.912948,
        "fair_value": 3326.369414,
        "relative_strength": -6.980375,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
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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."
    }
  }
}