{
  "ticker": {
    "uuid": "a998682f-c8e5-4379-bc1c-dfb8a9cc3cff",
    "symbol": "NBIFIN",
    "name": "N.B.I. Industrial Finance 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": 1,
    "stage_name": "Basing",
    "phase": "1b",
    "phase_label": "Stage 1B \u00b7 Basing",
    "transition": "stage_1_building",
    "transition_label": "Base still building",
    "confidence": 83.798,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 59.972,
    "architecture_energy": 64.366,
    "architecture_maturity": 8.138,
    "architecture_confidence": 80.661,
    "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": 32.15,
        "rotation_up": 67.23,
        "upward_expansion": 87.81,
        "deceleration": 45.58,
        "rotation_down": 10.96,
        "downward_expansion": 14.48
      },
      "activity_lines": [
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        1991.891175
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.666667
    },
    "latest_close": 2120.100098,
    "trend_reference": 1969.023328,
    "distance_from_trend": 0.076727,
    "trend_direction": "Weakening",
    "fair_value": 2224.522961,
    "distance_from_fair_value": -0.046942,
    "fair_value_direction": "Weakening",
    "relative_strength": -1.116232,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.062068,
    "excess_performance": 0.105777,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.076727,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.041368,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.046942,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.003811,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.011162,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.070254,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.062068,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.936965,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 2326,
      "relative_activity": 0.265166,
      "balance": 2.936965,
      "dry_up": 1.880162,
      "accumulation_observations": 2,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.078418,
      "annualized_volatility": 0.43238,
      "from_high_reference": -0.291173,
      "from_low_reference": 0.377583
    },
    "levels": {
      "trend_reference": 1969.023328,
      "fair_value_reference": 2224.522961,
      "structural_low": 1539.0,
      "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": 18,
        "median_return": -0.019182,
        "positive_rate": 0.277778,
        "directional_follow_through": 0.277778,
        "median_excess_return": -0.046516,
        "regime_survival": 0.722222,
        "best_return": 0.621683,
        "worst_return": -0.264342,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
        "median_return": -0.053908,
        "positive_rate": 0.375,
        "directional_follow_through": 0.375,
        "median_excess_return": -0.100612,
        "regime_survival": 0.5,
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        "worst_return": -0.312891,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
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        "positive_rate": 0.4,
        "directional_follow_through": 0.4,
        "median_excess_return": -0.177216,
        "regime_survival": 0.4,
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        "worst_return": -0.254964,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
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        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
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        "regime_survival": 0.333333,
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        "worst_return": -0.346334,
        "sufficient": false
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    ],
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        "start": "2024-06-28",
        "end": "2025-01-17",
        "tenure": "Extended",
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      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "tenure": "New",
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      {
        "regime": "rotation_down",
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        "tenure": "Developing",
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      },
      {
        "regime": "downward_expansion",
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        "tenure": "Developing",
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      },
      {
        "regime": "balance",
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        "date": "2026-04-10",
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      },
      {
        "date": "2026-07-24",
        "close": 2216.5,
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        "typical_volume": 8194.9,
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        "fair_value": 2216.669931,
        "relative_strength": 5.932123,
        "stage": 1,
        "regime": "rotation_up",
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        "gate": "mixed",
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      },
      {
        "date": "2026-07-31",
        "close": 2200.399902,
        "volume": 15572,
        "typical_volume": 8812.45,
        "trend": 1970.769991,
        "fair_value": 2220.941417,
        "relative_strength": 2.952429,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 64.863107,
        "energy": 73.979021,
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          2183.693278,
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      },
      {
        "date": "2026-08-07",
        "close": 2120.100098,
        "volume": 2326,
        "typical_volume": 8771.85,
        "trend": 1969.023328,
        "fair_value": 2224.522961,
        "relative_strength": -1.116232,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.972293,
        "energy": 64.366403,
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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."
    }
  }
}