{
  "ticker": {
    "uuid": "83f98015-9f29-48b4-8edd-3c969e1a2203",
    "symbol": "SURYODAY",
    "name": "Suryoday 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": 41.958,
    "architecture_energy": 25.989,
    "architecture_maturity": 76.043,
    "architecture_confidence": 82.988,
    "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": 29.23,
        "rotation_up": 37.67,
        "upward_expansion": 67.18,
        "deceleration": 82.49,
        "rotation_down": 26.31,
        "downward_expansion": 14.85
      },
      "activity_lines": [
        172.079972,
        174.486324,
        170.082179,
        161.922145
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.666667
    },
    "latest_close": 162.020004,
    "trend_reference": 152.042599,
    "distance_from_trend": 0.065622,
    "trend_direction": "Improving",
    "fair_value": 154.751461,
    "distance_from_fair_value": 0.046969,
    "fair_value_direction": "Weakening",
    "relative_strength": 11.250004,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.201661,
    "excess_performance": 0.24537,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.065622,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.081561,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.046969,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.119908,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.1125,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.242973,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.201661,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.61745,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 3485837,
      "relative_activity": 0.494747,
      "balance": 2.61745,
      "dry_up": 3.877226,
      "accumulation_observations": 1,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.09723,
      "annualized_volatility": 0.461768,
      "from_high_reference": -0.256789,
      "from_low_reference": 0.403864
    },
    "levels": {
      "trend_reference": 152.042599,
      "fair_value_reference": 154.751461,
      "structural_low": 115.410004,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 15,
        "median_return": -0.003272,
        "positive_rate": 0.466667,
        "directional_follow_through": 0.466667,
        "median_excess_return": -0.008556,
        "regime_survival": 0.6,
        "best_return": 0.113008,
        "worst_return": -0.095264,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 6,
        "median_return": 0.056199,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.053806,
        "regime_survival": 0.166667,
        "best_return": 0.250597,
        "worst_return": -0.224646,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": 0.065887,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": 0.002854,
        "regime_survival": 0.25,
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        "worst_return": -0.034523,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.333333,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.158849,
        "regime_survival": 0.333333,
        "best_return": 0.347233,
        "worst_return": -0.322605,
        "sufficient": false
      }
    ],
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        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-06-07",
        "end": "2024-08-30",
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        "return": -0.049639,
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      },
      {
        "regime": "balance",
        "label": "Balance",
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        "tenure": "Developing",
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        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-10-11",
        "end": "2025-05-02",
        "tenure": "Extended",
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        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
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        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
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      },
      {
        "regime": "upward_expansion",
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        "active": false
      },
      {
        "regime": "deceleration",
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        "end": "2025-10-10",
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      {
        "regime": "upward_expansion",
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        "active": false
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      {
        "regime": "balance",
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        "active": false
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      {
        "regime": "rotation_down",
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        "return": 0.080917,
        "active": false
      },
      {
        "regime": "downward_expansion",
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        "active": false
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      {
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      {
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        "active": true
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      },
      {
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        "fair_value": 154.923769,
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 6042176.5,
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        "fair_value": 155.033064,
        "relative_strength": 38.397183,
        "stage": 2,
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        "modifier": "Established expansion",
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      },
      {
        "date": "2026-07-31",
        "close": 162.350006,
        "volume": 20136041,
        "typical_volume": 6974107.45,
        "trend": 151.394599,
        "fair_value": 154.899089,
        "relative_strength": 12.879721,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 56.461747,
        "energy": 39.194616,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 162.020004,
        "volume": 3485837,
        "typical_volume": 7045698.4,
        "trend": 152.042599,
        "fair_value": 154.751461,
        "relative_strength": 11.250004,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 41.957946,
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        "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."
    }
  }
}