{
  "ticker": {
    "uuid": "94fdd347-d0d4-44d8-8d6f-6daa5869cd64",
    "symbol": "IFBIND",
    "name": "IFB Industries 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": 84.229,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 71.381,
    "architecture_energy": 48.589,
    "architecture_maturity": 23.587,
    "architecture_confidence": 85.375,
    "architecture_tenure": "New",
    "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": 22.18,
        "rotation_up": 57.35,
        "upward_expansion": 79.92,
        "deceleration": 59.67,
        "rotation_down": 20.55,
        "downward_expansion": 6.58
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      "activity_lines": [
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      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.666667
    },
    "latest_close": 1404.400024,
    "trend_reference": 1188.471657,
    "distance_from_trend": 0.181686,
    "trend_direction": "Weakening",
    "fair_value": 1402.105765,
    "distance_from_fair_value": 0.001636,
    "fair_value_direction": "Improving",
    "relative_strength": 3.119855,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.187352,
    "excess_performance": 0.231061,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.181686,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.084219,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.001636,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.130798,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.031199,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.164887,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.187352,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 3.834716,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 688826,
      "relative_activity": 1.254548,
      "balance": 3.834716,
      "dry_up": 1.033356,
      "accumulation_observations": 3,
      "distribution_observations": 1
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    "risk": {
      "range_context": 0.075198,
      "annualized_volatility": 0.407908,
      "from_high_reference": -0.304684,
      "from_low_reference": 0.590127
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    "levels": {
      "trend_reference": 1188.471657,
      "fair_value_reference": 1402.105765,
      "structural_low": 883.200012,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 21,
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        "positive_rate": 0.47619,
        "directional_follow_through": 0.47619,
        "median_excess_return": -0.020449,
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        "worst_return": -0.119498,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
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        "worst_return": -0.243815,
        "sufficient": true
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      {
        "horizon": "Extended",
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        "sufficient": true
      },
      {
        "horizon": "Full cycle",
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        "tenure": "Developing",
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        "regime": "downward_expansion",
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 529947.6,
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      },
      {
        "date": "2026-07-31",
        "close": 1315.699951,
        "volume": 418094,
        "typical_volume": 534771.5,
        "trend": 1190.078322,
        "fair_value": 1398.422751,
        "relative_strength": -2.565185,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
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        "direction": 59.53439,
        "energy": 49.319155,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 1404.400024,
        "volume": 688826,
        "typical_volume": 549063.1,
        "trend": 1188.471657,
        "fair_value": 1402.105765,
        "relative_strength": 3.119855,
        "stage": 1,
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        "modifier": "Early expansion",
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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."
    }
  }
}