{
  "ticker": {
    "uuid": "978bf6ee-c294-4bd1-bbd3-8085292862a9",
    "symbol": "GRINDWELL",
    "name": "Grindwell Norton 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": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 61.647,
    "architecture_energy": 44.681,
    "architecture_maturity": 63.959,
    "architecture_confidence": 63.783,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 18.72,
        "rotation_up": 42.33,
        "upward_expansion": 75.52,
        "deceleration": 74.26,
        "rotation_down": 27.15,
        "downward_expansion": 6.85
      },
      "activity_lines": [
        2094.439998,
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        1982.508447,
        1874.920097
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.333333
    },
    "latest_close": 2133.800049,
    "trend_reference": 1757.778239,
    "distance_from_trend": 0.213919,
    "trend_direction": "Improving",
    "fair_value": 1940.117338,
    "distance_from_fair_value": 0.09983,
    "fair_value_direction": "Improving",
    "relative_strength": 27.081933,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.302448,
    "excess_performance": 0.346157,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.213919,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.103444,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.09983,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.235366,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.270819,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.185741,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.302448,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.512962,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 155175,
      "relative_activity": 0.398618,
      "balance": 2.512962,
      "dry_up": 1.245124,
      "accumulation_observations": 3,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.081928,
      "annualized_volatility": 0.364061,
      "from_high_reference": -0.130835,
      "from_low_reference": 0.605568
    },
    "levels": {
      "trend_reference": 1757.778239,
      "fair_value_reference": 1940.117338,
      "structural_low": 1329.0,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 11,
        "median_return": 0.011351,
        "positive_rate": 0.545455,
        "directional_follow_through": 0.545455,
        "median_excess_return": -0.008539,
        "regime_survival": 0.545455,
        "best_return": 0.217833,
        "worst_return": -0.077545,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 5,
        "median_return": -0.041727,
        "positive_rate": 0.4,
        "directional_follow_through": 0.4,
        "median_excess_return": -0.019339,
        "regime_survival": 0.0,
        "best_return": 0.495907,
        "worst_return": -0.107685,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": 0.126035,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.082249,
        "regime_survival": 0.0,
        "best_return": 0.360838,
        "worst_return": -0.225359,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.065407,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.083866,
        "regime_survival": 0.0,
        "best_return": 0.74197,
        "worst_return": -0.388063,
        "sufficient": false
      }
    ],
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        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-03-15",
        "end": "2024-03-22",
        "tenure": "New",
        "return": 0.045197,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-03-29",
        "end": "2024-05-17",
        "tenure": "Developing",
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        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
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        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
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        "end": "2024-10-25",
        "tenure": "Developing",
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      {
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        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-11-22",
        "end": "2025-05-09",
        "tenure": "Established",
        "return": -0.219478,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2025-08-08",
        "tenure": "Established",
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        "active": false
      },
      {
        "regime": "downward_expansion",
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        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
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        "start": "2025-10-03",
        "end": "2026-03-20",
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      {
        "date": "2026-08-07",
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      "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."
    }
  }
}