{
  "ticker": {
    "uuid": "89506a99-0e1d-45b9-8b60-131584d692b6",
    "symbol": "TARAPUR",
    "name": "Tarapur Transformers 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": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -91.051,
    "architecture_energy": 89.2,
    "architecture_maturity": 64.0,
    "architecture_confidence": 87.654,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 6.79,
        "rotation_up": 14.54,
        "upward_expansion": 19.82,
        "deceleration": 38.51,
        "rotation_down": 78.0,
        "downward_expansion": 95.49
      },
      "activity_lines": [
        16.053333,
        17.210364,
        19.060619,
        20.639914
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.833333
    },
    "latest_close": 13.21,
    "trend_reference": 22.710333,
    "distance_from_trend": -0.418326,
    "trend_direction": "Weakening",
    "fair_value": 21.271218,
    "distance_from_fair_value": -0.378973,
    "fair_value_direction": "Weakening",
    "relative_strength": -48.596866,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.546827,
    "excess_performance": -0.503118,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.418326,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.176087,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.378973,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.525242,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.485969,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.33893,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.546827,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.205622,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 591412,
      "relative_activity": 4.970237,
      "balance": 0.205622,
      "dry_up": 1.948268,
      "accumulation_observations": 1,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.157515,
      "annualized_volatility": 0.460962,
      "from_high_reference": -0.669667,
      "from_low_reference": 0.0819
    },
    "levels": {
      "trend_reference": 22.710333,
      "fair_value_reference": 21.271218,
      "structural_low": 12.21,
      "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": 19,
        "median_return": 0.035184,
        "positive_rate": 0.578947,
        "directional_follow_through": 0.421053,
        "median_excess_return": -0.003669,
        "regime_survival": 0.789474,
        "best_return": 0.325301,
        "worst_return": -0.14137,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 6,
        "median_return": 0.208703,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.333333,
        "median_excess_return": 0.156491,
        "regime_survival": 0.333333,
        "best_return": 0.477612,
        "worst_return": -0.183976,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": 0.196642,
        "positive_rate": 1.0,
        "directional_follow_through": 0.0,
        "median_excess_return": 0.168457,
        "regime_survival": 0.0,
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        "worst_return": 0.012658,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.113924,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.333333,
        "median_excess_return": 0.102742,
        "regime_survival": 0.333333,
        "best_return": 0.80597,
        "worst_return": -0.108544,
        "sufficient": false
      }
    ],
    "ledger": [
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        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-03-22",
        "end": "2024-07-19",
        "tenure": "Established",
        "return": 0.472611,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "tenure": "New",
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        "active": false
      },
      {
        "regime": "upward_expansion",
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      },
      {
        "regime": "deceleration",
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        "color": "amber",
        "start": "2025-02-07",
        "end": "2025-03-07",
        "tenure": "Developing",
        "return": -0.208612,
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      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
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        "tenure": "New",
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        "active": false
      },
      {
        "regime": "deceleration",
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        "tenure": "New",
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        "active": false
      },
      {
        "regime": "downward_expansion",
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        "color": "red",
        "start": "2025-05-02",
        "end": "2025-09-26",
        "tenure": "Established",
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        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
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        "end": "2025-10-10",
        "tenure": "New",
        "return": 0.134663,
        "active": false
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      {
        "regime": "rotation_up",
        "label": "Rotation Up",
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        "active": false
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      },
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        "date": "2026-07-03",
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 85991.65,
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        "fair_value": 21.055705,
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        "modifier": "Established contraction",
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          18.318,
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          20.718286,
          22.118344
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      },
      {
        "date": "2026-07-24",
        "close": 18.16,
        "volume": 111184,
        "typical_volume": 88744.3,
        "trend": 23.651,
        "fair_value": 21.139423,
        "relative_strength": -28.068824,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.33,
        "energy": 74.162344,
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          18.147333,
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          20.340476,
          21.740172
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      },
      {
        "date": "2026-07-31",
        "close": 16.6,
        "volume": 158632,
        "typical_volume": 93969.25,
        "trend": 23.213,
        "fair_value": 21.216346,
        "relative_strength": -35.466822,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.536936,
        "energy": 77.602662,
        "activity_lines": [
          17.602667,
          18.226,
          19.845333,
          21.285269
        ]
      },
      {
        "date": "2026-08-07",
        "close": 13.21,
        "volume": 591412,
        "typical_volume": 118990.7,
        "trend": 22.710333,
        "fair_value": 21.271218,
        "relative_strength": -48.596866,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -91.051247,
        "energy": 89.199957,
        "activity_lines": [
          16.053333,
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          19.060619,
          20.639914
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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."
    }
  }
}