{
  "ticker": {
    "uuid": "90a6a88b-a3bf-4e89-b488-1f10f2df4d1b",
    "symbol": "VLSFINANCE",
    "name": "VLS Finance 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": 1,
    "stage_name": "Basing",
    "phase": "1c",
    "phase_label": "Stage 1C \u00b7 Breakout watch",
    "transition": "stage_1_to_2_watch",
    "transition_label": "Stage 1 \u2192 2 watch",
    "confidence": 85.843,
    "architecture_regime": "rotation_up",
    "architecture_regime_label": "Rotation Up",
    "architecture_modifier": "Value reclamation",
    "architecture_gate": "mixed",
    "architecture_direction": 45.734,
    "architecture_energy": 46.463,
    "architecture_maturity": 13.993,
    "architecture_confidence": 62.407,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The Activity Line structure is rotating upward.",
        "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair."
      },
      "scores": {
        "balance": 27.43,
        "rotation_up": 61.08,
        "upward_expansion": 54.54,
        "deceleration": 30.71,
        "rotation_down": 21.78,
        "downward_expansion": 15.2
      },
      "activity_lines": [
        258.173336,
        255.222364,
        247.650714,
        245.008924
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.666667
    },
    "latest_close": 265.100006,
    "trend_reference": 246.623666,
    "distance_from_trend": 0.074917,
    "trend_direction": "Weakening",
    "fair_value": 260.579449,
    "distance_from_fair_value": 0.017348,
    "fair_value_direction": "Improving",
    "relative_strength": 8.061773,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.037924,
    "excess_performance": 0.005785,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.074917,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.038961,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.017348,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.041347,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.080618,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.042291,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.037924,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.521923,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 73088,
      "relative_activity": 1.528772,
      "balance": 0.521923,
      "dry_up": 1.258934,
      "accumulation_observations": 2,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.045803,
      "annualized_volatility": 0.266183,
      "from_high_reference": -0.217994,
      "from_low_reference": 0.333434
    },
    "levels": {
      "trend_reference": 246.623666,
      "fair_value_reference": 260.579449,
      "structural_low": 205.0,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 2,
        "median_return": 0.082408,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.061516,
        "regime_survival": 0.0,
        "best_return": 0.127644,
        "worst_return": 0.037171,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 2,
        "median_return": -0.016227,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.017615,
        "regime_survival": 0.0,
        "best_return": -0.01016,
        "worst_return": -0.022295,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 2,
        "median_return": 0.182111,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.156461,
        "regime_survival": 0.0,
        "best_return": 0.488796,
        "worst_return": -0.124574,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
        "median_return": 0.87608,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.605187,
        "regime_survival": 0.0,
        "best_return": 0.87608,
        "worst_return": 0.87608,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-07-05",
        "end": "2024-11-15",
        "tenure": "Established",
        "return": 0.254231,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-11-22",
        "end": "2024-12-27",
        "tenure": "Developing",
        "return": -0.100345,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-01-03",
        "end": "2025-01-31",
        "tenure": "Developing",
        "return": -0.167386,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-02-07",
        "end": "2025-05-23",
        "tenure": "Established",
        "return": -0.023419,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-30",
        "end": "2025-08-29",
        "tenure": "Established",
        "return": -0.071683,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-09-05",
        "end": "2025-10-10",
        "tenure": "Developing",
        "return": -0.009162,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-10-17",
        "end": "2025-11-14",
        "tenure": "Developing",
        "return": -0.007786,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-11-21",
        "end": "2025-12-05",
        "tenure": "New",
        "return": 0.264122,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-12-12",
        "end": "2026-01-09",
        "tenure": "Developing",
        "return": -0.047086,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-01-16",
        "end": "2026-03-13",
        "tenure": "Developing",
        "return": -0.19728,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-03-20",
        "end": "2026-04-24",
        "tenure": "Developing",
        "return": 0.058432,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-05-01",
        "end": "2026-06-19",
        "tenure": "Developing",
        "return": 0.050249,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-06-26",
        "end": "2026-07-10",
        "tenure": "New",
        "return": -0.031914,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-07-17",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.030916,
        "active": true
      }
    ],
    "chart_path": [
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        "date": "2023-08-18",
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      },
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      },
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        "date": "2026-06-05",
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      },
      {
        "date": "2026-07-03",
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      },
      {
        "date": "2026-07-17",
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        "relative_strength": 6.555844,
        "stage": 1,
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        "direction": 26.067613,
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      },
      {
        "date": "2026-07-24",
        "close": 253.5,
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        "typical_volume": 49929.1,
        "trend": 248.921999,
        "fair_value": 259.482856,
        "relative_strength": 7.310476,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 31.450169,
        "energy": 48.49359,
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      },
      {
        "date": "2026-07-31",
        "close": 254.600006,
        "volume": 38625,
        "typical_volume": 47579.25,
        "trend": 247.298666,
        "fair_value": 260.043802,
        "relative_strength": 4.824378,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 30.44005,
        "energy": 36.547194,
        "activity_lines": [
          254.75,
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      },
      {
        "date": "2026-08-07",
        "close": 265.100006,
        "volume": 73088,
        "typical_volume": 47808.3,
        "trend": 246.623666,
        "fair_value": 260.579449,
        "relative_strength": 8.061773,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 45.734027,
        "energy": 46.463432,
        "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."
    }
  }
}