{
  "ticker": {
    "uuid": "a6ca5cc2-c093-4926-a4a8-5ab9fbb7f221",
    "symbol": "LUMAXIND",
    "name": "Lumax 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": 3,
    "stage_name": "Distribution",
    "phase": "3a",
    "phase_label": "Stage 3A \u00b7 Churning",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 52.718,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Upper balance after advance",
    "architecture_gate": "mixed",
    "architecture_direction": 30.283,
    "architecture_energy": 14.887,
    "architecture_maturity": 48.773,
    "architecture_confidence": 82.78,
    "architecture_tenure": "Established",
    "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": 60.34,
        "rotation_up": 35.99,
        "upward_expansion": 30.97,
        "deceleration": 43.02,
        "rotation_down": 32.99,
        "downward_expansion": 23.64
      },
      "activity_lines": [
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      ],
      "activity_state": "Compressed",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": -0.333333
    },
    "latest_close": 5791.5,
    "trend_reference": 5339.439831,
    "distance_from_trend": 0.084664,
    "trend_direction": "Weakening",
    "fair_value": 3414.753871,
    "distance_from_fair_value": 0.696023,
    "fair_value_direction": "Weakening",
    "relative_strength": 13.295765,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.180349,
    "excess_performance": 0.224058,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.084664,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.000469,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.696023,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.139587,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.132958,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.152833,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.180349,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.026238,
        "read": "Demand-led"
      }
    ],
    "volume": {
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      "relative_activity": 2.819755,
      "balance": 1.026238,
      "dry_up": 1.285127,
      "accumulation_observations": 2,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.058631,
      "annualized_volatility": 0.557413,
      "from_high_reference": -0.164828,
      "from_low_reference": 0.768937
    },
    "levels": {
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      "fair_value_reference": 3414.753871,
      "structural_low": 4620.0,
      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 14,
        "median_return": 0.021357,
        "positive_rate": 0.785714,
        "directional_follow_through": 0.785714,
        "median_excess_return": 0.033803,
        "regime_survival": 0.714286,
        "best_return": 0.144982,
        "worst_return": -0.052463,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 5,
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        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.194088,
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        "best_return": 0.369136,
        "worst_return": 0.005469,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
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        "directional_follow_through": 1.0,
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      },
      {
        "horizon": "Full cycle",
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    ],
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        "regime": "deceleration",
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      {
        "regime": "deceleration",
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      },
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        "regime": "balance",
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      {
        "regime": "deceleration",
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      {
        "regime": "rotation_down",
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        "active": false
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        "regime": "downward_expansion",
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        "regime": "balance",
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      {
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      },
      {
        "date": "2026-07-24",
        "close": 5093.222656,
        "volume": 42756,
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        "fair_value": 3370.30507,
        "relative_strength": 4.555277,
        "stage": 3,
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        "modifier": "Upper balance after advance",
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        "energy": 39.973855,
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      },
      {
        "date": "2026-07-31",
        "close": 5234.371211,
        "volume": 59619,
        "typical_volume": 62716.65,
        "trend": 5328.806498,
        "fair_value": 3391.096549,
        "relative_strength": 4.111375,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -49.191632,
        "energy": 34.706131,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 5791.5,
        "volume": 187815,
        "typical_volume": 66606.85,
        "trend": 5339.439831,
        "fair_value": 3414.753871,
        "relative_strength": 13.295765,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 30.283018,
        "energy": 14.887454,
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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."
    }
  }
}