{
  "ticker": {
    "uuid": "8af2a5da-c77a-492f-8386-44f840a92262",
    "symbol": "FIBERWEB",
    "name": "Fiberweb (India) 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": -56.281,
    "architecture_energy": 37.36,
    "architecture_maturity": 62.284,
    "architecture_confidence": 77.513,
    "architecture_tenure": "Developing",
    "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": 28.94,
        "rotation_up": 27.38,
        "upward_expansion": 10.23,
        "deceleration": 59.3,
        "rotation_down": 37.95,
        "downward_expansion": 69.89
      },
      "activity_lines": [
        30.086,
        30.173818,
        31.065143,
        32.607656
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      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.333333
    },
    "latest_close": 29.76,
    "trend_reference": 34.504667,
    "distance_from_trend": -0.137508,
    "trend_direction": "Weakening",
    "fair_value": 40.534936,
    "distance_from_fair_value": -0.265818,
    "fair_value_direction": "Weakening",
    "relative_strength": -19.869117,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.270409,
    "excess_performance": -0.2267,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.137508,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.07094,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.265818,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.192607,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.198691,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.119076,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.270409,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.25394,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 94614,
      "relative_activity": 1.036861,
      "balance": 0.25394,
      "dry_up": 0.887281,
      "accumulation_observations": 1,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.080723,
      "annualized_volatility": 0.411895,
      "from_high_reference": -0.432819,
      "from_low_reference": 0.07787
    },
    "levels": {
      "trend_reference": 34.504667,
      "fair_value_reference": 40.534936,
      "structural_low": 27.610001,
      "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": 11,
        "median_return": 0.048674,
        "positive_rate": 0.818182,
        "directional_follow_through": 0.181818,
        "median_excess_return": 0.045466,
        "regime_survival": 0.636364,
        "best_return": 0.129689,
        "worst_return": -0.114875,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 4,
        "median_return": 0.008462,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.002099,
        "regime_survival": 0.25,
        "best_return": 0.290876,
        "worst_return": -0.078206,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": 0.126089,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.333333,
        "median_excess_return": 0.077816,
        "regime_survival": 0.0,
        "best_return": 0.250794,
        "worst_return": -0.109427,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.236412,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.107059,
        "regime_survival": 0.0,
        "best_return": 0.620952,
        "worst_return": -0.148129,
        "sufficient": false
      }
    ],
    "ledger": [
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        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2024-11-29",
        "tenure": "New",
        "return": 0.161618,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "end": "2025-01-17",
        "tenure": "Developing",
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      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2025-02-14",
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        "return": -0.100452,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
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        "return": -0.020252,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
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        "tenure": "Developing",
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        "active": false
      },
      {
        "regime": "rotation_up",
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        "tenure": "Developing",
        "return": -0.038364,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
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        "end": "2025-10-10",
        "tenure": "Developing",
        "return": -0.106883,
        "active": false
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      {
        "regime": "rotation_down",
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        "return": 0.038527,
        "active": false
      },
      {
        "regime": "downward_expansion",
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        "return": 0.023685,
        "active": false
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      {
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        "return": -0.138235,
        "active": false
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      {
        "regime": "balance",
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        "active": false
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      {
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      {
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        "activity_lines": [
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      },
      {
        "date": "2026-05-01",
        "close": 37.400002,
        "volume": 29201,
        "typical_volume": 154278.3,
        "trend": 38.481333,
        "fair_value": 40.565064,
        "relative_strength": -7.747075,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
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        "activity_lines": [
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      },
      {
        "date": "2026-05-08",
        "close": 37.599998,
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        "typical_volume": 152548.75,
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        "modifier": "Balance after decline",
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        "energy": 16.213383,
        "activity_lines": [
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      },
      {
        "date": "2026-05-15",
        "close": 34.700001,
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        "typical_volume": 153736.55,
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        "stage": 4,
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        "modifier": "Balance after decline",
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        "activity_lines": [
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      },
      {
        "date": "2026-05-22",
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        "typical_volume": 169336.65,
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        "energy": 63.807335,
        "activity_lines": [
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      },
      {
        "date": "2026-05-29",
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        "typical_volume": 177272.4,
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        "modifier": "Early contraction",
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      },
      {
        "date": "2026-06-05",
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        "stage": 4,
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        "activity_lines": [
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      },
      {
        "date": "2026-06-12",
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      },
      {
        "date": "2026-06-19",
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        "activity_lines": [
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      },
      {
        "date": "2026-06-26",
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        "fair_value": 40.507179,
        "relative_strength": -21.505338,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.728947,
        "energy": 76.709753,
        "activity_lines": [
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          34.400495
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      },
      {
        "date": "2026-07-03",
        "close": 31.110001,
        "volume": 19899,
        "typical_volume": 97056.7,
        "trend": 35.408666,
        "fair_value": 40.507885,
        "relative_strength": -18.963627,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.32348,
        "energy": 53.336309,
        "activity_lines": [
          29.894667,
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      },
      {
        "date": "2026-07-10",
        "close": 30.9,
        "volume": 98773,
        "typical_volume": 93092.3,
        "trend": 35.228667,
        "fair_value": 40.516538,
        "relative_strength": -18.560764,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -47.029099,
        "energy": 39.931938,
        "activity_lines": [
          30.402,
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          32.231572,
          33.818817
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      },
      {
        "date": "2026-07-17",
        "close": 31.610001,
        "volume": 87501,
        "typical_volume": 93217.25,
        "trend": 35.087667,
        "fair_value": 40.535192,
        "relative_strength": -16.402015,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -41.969009,
        "energy": 31.444659,
        "activity_lines": [
          30.977334,
          30.217455,
          32.002238,
          33.585355
        ]
      },
      {
        "date": "2026-07-24",
        "close": 30.43,
        "volume": 65833,
        "typical_volume": 91174.7,
        "trend": 34.885,
        "fair_value": 40.539231,
        "relative_strength": -16.885592,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.146771,
        "energy": 27.515228,
        "activity_lines": [
          30.908,
          30.258546,
          31.710143,
          33.28486
        ]
      },
      {
        "date": "2026-07-31",
        "close": 29.27,
        "volume": 75911,
        "typical_volume": 91487.5,
        "trend": 34.641667,
        "fair_value": 40.537115,
        "relative_strength": -21.330406,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.123909,
        "energy": 34.446113,
        "activity_lines": [
          30.387334,
          30.166364,
          31.347762,
          32.922602
        ]
      },
      {
        "date": "2026-08-07",
        "close": 29.76,
        "volume": 94614,
        "typical_volume": 91250.4,
        "trend": 34.504667,
        "fair_value": 40.534936,
        "relative_strength": -19.869117,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.280996,
        "energy": 37.36038,
        "activity_lines": [
          30.086,
          30.173818,
          31.065143,
          32.607656
        ]
      }
    ],
    "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."
    }
  }
}