{
  "ticker": {
    "uuid": "83409c4b-ba84-4b23-a1b3-c6e2370ccfa4",
    "symbol": "EQUITASBNK",
    "name": "Equitas Small Finance Bank 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": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 44.555,
    "architecture_energy": 33.831,
    "architecture_maturity": 77.395,
    "architecture_confidence": 93.324,
    "architecture_tenure": "Established",
    "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": 30.96,
        "rotation_up": 35.91,
        "upward_expansion": 64.39,
        "deceleration": 88.02,
        "rotation_down": 26.41,
        "downward_expansion": 16.72
      },
      "activity_lines": [
        76.613332,
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        71.285462
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.333333
    },
    "latest_close": 75.220001,
    "trend_reference": 68.700667,
    "distance_from_trend": 0.094895,
    "trend_direction": "Improving",
    "fair_value": 75.426703,
    "distance_from_fair_value": -0.00274,
    "fair_value_direction": "Improving",
    "relative_strength": 17.497187,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.157231,
    "excess_performance": 0.20094,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.094895,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.076779,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.00274,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.049614,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.174972,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.041627,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.157231,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.222656,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 9172060,
      "relative_activity": 0.568783,
      "balance": 1.222656,
      "dry_up": 1.187919,
      "accumulation_observations": 1,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.065776,
      "annualized_volatility": 0.362155,
      "from_high_reference": -0.103457,
      "from_low_reference": 0.5044
    },
    "levels": {
      "trend_reference": 68.700667,
      "fair_value_reference": 75.426703,
      "structural_low": 51.25,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 20,
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        "positive_rate": 0.55,
        "directional_follow_through": 0.55,
        "median_excess_return": 0.012833,
        "regime_survival": 0.8,
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        "worst_return": -0.177123,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
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        "sufficient": true
      },
      {
        "horizon": "Extended",
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        "sufficient": false
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        "horizon": "Full cycle",
        "sample_count": 2,
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        "worst_return": -0.348061,
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        "regime": "balance",
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      {
        "regime": "rotation_up",
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      },
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        "date": "2026-04-17",
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      },
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      },
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      {
        "date": "2026-06-26",
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      },
      {
        "date": "2026-07-03",
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      },
      {
        "date": "2026-07-17",
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      },
      {
        "date": "2026-07-24",
        "close": 78.339996,
        "volume": 14546789,
        "typical_volume": 15522389.55,
        "trend": 68.057667,
        "fair_value": 75.572278,
        "relative_strength": 27.922727,
        "stage": 2,
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        "modifier": "Established expansion",
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        "direction": 61.824859,
        "energy": 55.080982,
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      },
      {
        "date": "2026-07-31",
        "close": 75.099998,
        "volume": 33563021,
        "typical_volume": 16424085.75,
        "trend": 68.422333,
        "fair_value": 75.497049,
        "relative_strength": 18.861232,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.688966,
        "energy": 46.372491,
        "activity_lines": [
          77.519998,
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      },
      {
        "date": "2026-08-07",
        "close": 75.220001,
        "volume": 9172060,
        "typical_volume": 16125751.9,
        "trend": 68.700667,
        "fair_value": 75.426703,
        "relative_strength": 17.497187,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 44.554556,
        "energy": 33.831201,
        "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."
    }
  }
}