{
  "ticker": {
    "uuid": "9758e0cb-e42d-45c8-97cf-358034aeb157",
    "symbol": "HDFCAMC",
    "name": "HDFC Asset Management Company 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": 3,
    "stage_name": "Distribution",
    "phase": "3c",
    "phase_label": "Stage 3C \u00b7 Breakdown watch",
    "transition": "stage_3_to_4_watch",
    "transition_label": "Stage 3 \u2192 4 watch",
    "confidence": 87.003,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Upper balance after advance",
    "architecture_gate": "up",
    "architecture_direction": 6.789,
    "architecture_energy": 13.141,
    "architecture_maturity": 18.906,
    "architecture_confidence": 76.421,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "Directional pressure has compressed into balance.",
        "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base."
      },
      "scores": {
        "balance": 61.75,
        "rotation_up": 22.71,
        "upward_expansion": 44.62,
        "deceleration": 80.66,
        "rotation_down": 36.25,
        "downward_expansion": 31.62
      },
      "activity_lines": [
        2584.593327,
        2624.143612,
        2629.149957,
        2603.902743
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.0
    },
    "latest_close": 2545.0,
    "trend_reference": 2577.776571,
    "distance_from_trend": -0.012715,
    "trend_direction": "Improving",
    "fair_value": 2123.887638,
    "distance_from_fair_value": 0.198274,
    "fair_value_direction": "Weakening",
    "relative_strength": -2.231659,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.043803,
    "excess_performance": -9.4e-05,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.012715,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.002893,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.198274,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.204769,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.022317,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.136313,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.043803,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.262038,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 2863922,
      "relative_activity": 0.724254,
      "balance": 0.262038,
      "dry_up": 1.133978,
      "accumulation_observations": 1,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.065598,
      "annualized_volatility": 0.342404,
      "from_high_reference": -0.123544,
      "from_low_reference": 0.179119
    },
    "levels": {
      "trend_reference": 2577.776571,
      "fair_value_reference": 2123.887638,
      "structural_low": 2158.391559,
      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 14,
        "median_return": 0.003773,
        "positive_rate": 0.642857,
        "directional_follow_through": 0.642857,
        "median_excess_return": 0.003431,
        "regime_survival": 0.357143,
        "best_return": 0.197152,
        "worst_return": -0.142555,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 7,
        "median_return": -0.009005,
        "positive_rate": 0.428571,
        "directional_follow_through": 0.428571,
        "median_excess_return": 0.001841,
        "regime_survival": 0.142857,
        "best_return": 0.307169,
        "worst_return": -0.136992,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": 0.032379,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.00642,
        "regime_survival": 0.0,
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        "worst_return": -0.164399,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.23157,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.109742,
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        "worst_return": -0.314787,
        "sufficient": false
      }
    ],
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        "regime": "balance",
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        "color": "blue",
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        "end": "2025-04-25",
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        "return": 0.099128,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
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        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "tenure": "Established",
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      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
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        "tenure": "Developing",
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        "active": false
      },
      {
        "regime": "rotation_down",
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        "return": -0.000935,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2026-01-02",
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        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-01-09",
        "end": "2026-02-20",
        "tenure": "Developing",
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        "active": false
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      {
        "regime": "balance",
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        "active": false
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      },
      {
        "date": "2026-07-24",
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      },
      {
        "date": "2026-07-31",
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      },
      {
        "date": "2026-08-07",
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        "trend": 2577.776571,
        "fair_value": 2123.887638,
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        "stage": 3,
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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."
    }
  }
}