{
  "ticker": {
    "uuid": "b06437d1-0751-4ff1-b77d-8e4d551d5b14",
    "symbol": "RGL",
    "name": "Renaissance Global 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": 79.109,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 71.476,
    "architecture_energy": 57.435,
    "architecture_maturity": 11.943,
    "architecture_confidence": 78.71,
    "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": 18.72,
        "rotation_up": 65.04,
        "upward_expansion": 82.91,
        "deceleration": 52.47,
        "rotation_down": 15.21,
        "downward_expansion": 9.57
      },
      "activity_lines": [
        119.969998,
        118.158726,
        113.058095,
        110.886882
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.666667
    },
    "latest_close": 123.199997,
    "trend_reference": 109.580667,
    "distance_from_trend": 0.124286,
    "trend_direction": "Weakening",
    "fair_value": 121.171474,
    "distance_from_fair_value": 0.016741,
    "fair_value_direction": "Improving",
    "relative_strength": 7.325937,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.039224,
    "excess_performance": 0.082933,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.124286,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.036795,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.016741,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.066132,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.073259,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.073897,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.039224,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.5914,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 2508571,
      "relative_activity": 0.929107,
      "balance": 0.5914,
      "dry_up": 0.609789,
      "accumulation_observations": 0,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.059053,
      "annualized_volatility": 0.447602,
      "from_high_reference": -0.167005,
      "from_low_reference": 0.449412
    },
    "levels": {
      "trend_reference": 109.580667,
      "fair_value_reference": 121.171474,
      "structural_low": 85.0,
      "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": 23,
        "median_return": 0.011247,
        "positive_rate": 0.521739,
        "directional_follow_through": 0.521739,
        "median_excess_return": 0.007003,
        "regime_survival": 0.73913,
        "best_return": 0.381183,
        "worst_return": -0.206935,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 9,
        "median_return": 0.001298,
        "positive_rate": 0.555556,
        "directional_follow_through": 0.555556,
        "median_excess_return": -0.072017,
        "regime_survival": 0.555556,
        "best_return": 0.589583,
        "worst_return": -0.282568,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
        "median_return": -0.095636,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.082315,
        "regime_survival": 0.333333,
        "best_return": 0.773036,
        "worst_return": -0.30029,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": -0.004511,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.069459,
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        "best_return": 0.24061,
        "worst_return": -0.07427,
        "sufficient": false
      }
    ],
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        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2025-02-21",
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        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
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        "end": "2025-03-28",
        "tenure": "Developing",
        "return": -0.033328,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-04",
        "end": "2025-06-13",
        "tenure": "Developing",
        "return": 0.018498,
        "active": false
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      {
        "regime": "balance",
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        "active": false
      },
      {
        "regime": "downward_expansion",
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        "regime": "rotation_up",
        "label": "Rotation Up",
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        "active": false
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      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "end": "2025-12-26",
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        "active": false
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      },
      {
        "date": "2026-04-24",
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      },
      {
        "date": "2026-05-01",
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      },
      {
        "date": "2026-05-08",
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      },
      {
        "date": "2026-05-15",
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      },
      {
        "date": "2026-05-22",
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        "activity_lines": [
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      },
      {
        "date": "2026-05-29",
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        "modifier": "Established contraction",
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      },
      {
        "date": "2026-06-05",
        "close": 101.440002,
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        "typical_volume": 13125232.25,
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        "stage": 4,
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        "direction": -53.705202,
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      },
      {
        "date": "2026-06-12",
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      },
      {
        "date": "2026-06-19",
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        "relative_strength": 0.156361,
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      },
      {
        "date": "2026-06-26",
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        "stage": 1,
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        "energy": 14.085868,
        "activity_lines": [
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      },
      {
        "date": "2026-07-03",
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        "typical_volume": 12453434.55,
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        "relative_strength": 7.874359,
        "stage": 1,
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        "gate": "mixed",
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      },
      {
        "date": "2026-07-10",
        "close": 119.139999,
        "volume": 2474602,
        "typical_volume": 12423520.1,
        "trend": 110.182001,
        "fair_value": 120.652692,
        "relative_strength": 6.069855,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 41.582797,
        "energy": 63.292825,
        "activity_lines": [
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      },
      {
        "date": "2026-07-17",
        "close": 120.5,
        "volume": 1138614,
        "typical_volume": 5221569.8,
        "trend": 109.912667,
        "fair_value": 120.778013,
        "relative_strength": 6.647835,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 43.241691,
        "energy": 68.021583,
        "activity_lines": [
          118.849333,
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          109.632524,
          108.988796
        ]
      },
      {
        "date": "2026-07-24",
        "close": 118.110001,
        "volume": 894945,
        "typical_volume": 3230928.3,
        "trend": 109.743334,
        "fair_value": 120.895705,
        "relative_strength": 6.852568,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 37.44583,
        "energy": 64.543784,
        "activity_lines": [
          119.121333,
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      },
      {
        "date": "2026-07-31",
        "close": 117.269997,
        "volume": 2043541,
        "typical_volume": 2867274.0,
        "trend": 109.503667,
        "fair_value": 121.001923,
        "relative_strength": 3.191445,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 60.646134,
        "energy": 58.128447,
        "activity_lines": [
          118.661332,
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          110.003248
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      },
      {
        "date": "2026-08-07",
        "close": 123.199997,
        "volume": 2508571,
        "typical_volume": 2699981.6,
        "trend": 109.580667,
        "fair_value": 121.171474,
        "relative_strength": 7.325937,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.475532,
        "energy": 57.434826,
        "activity_lines": [
          119.969998,
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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."
    }
  }
}