{
  "ticker": {
    "uuid": "b561f67f-92e8-4c44-b35a-dcec9df2993b",
    "symbol": "RAJESHEXPO",
    "name": "Rajesh Exports 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": 4,
    "stage_name": "Declining",
    "phase": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -69.115,
    "architecture_energy": 63.311,
    "architecture_maturity": 76.485,
    "architecture_confidence": 94.54,
    "architecture_tenure": "Extended",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 7.83,
        "rotation_up": 19.39,
        "upward_expansion": 11.86,
        "deceleration": 43.32,
        "rotation_down": 65.0,
        "downward_expansion": 87.53
      },
      "activity_lines": [
        85.996002,
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        96.310905,
        102.711656
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Stable",
      "price_acceptance": -0.833333
    },
    "latest_close": 83.580002,
    "trend_reference": 116.247667,
    "distance_from_trend": -0.281018,
    "trend_direction": "Weakening",
    "fair_value": 242.150064,
    "distance_from_fair_value": -0.654842,
    "fair_value_direction": "Weakening",
    "relative_strength": -41.773414,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.516095,
    "excess_performance": -0.472386,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.281018,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.219671,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.654842,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.090657,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.417734,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.159253,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.516095,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.36868,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 728431,
      "relative_activity": 0.787566,
      "balance": 0.36868,
      "dry_up": 0.961942,
      "accumulation_observations": 1,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.135347,
      "annualized_volatility": 0.836312,
      "from_high_reference": -0.648646,
      "from_low_reference": 0.093836
    },
    "levels": {
      "trend_reference": 116.247667,
      "fair_value_reference": 242.150064,
      "structural_low": 76.410004,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 36,
        "median_return": -0.042147,
        "positive_rate": 0.305556,
        "directional_follow_through": 0.694444,
        "median_excess_return": -0.063317,
        "regime_survival": 0.888889,
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        "worst_return": -0.411654,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
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        "worst_return": -0.314862,
        "sufficient": true
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        "horizon": "Extended",
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      {
        "horizon": "Full cycle",
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        "sufficient": false
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 1060227.6,
        "trend": 126.415333,
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        "modifier": "Established contraction",
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        "energy": 53.138858,
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          92.075999,
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      },
      {
        "date": "2026-07-24",
        "close": 88.93,
        "volume": 1778426,
        "typical_volume": 1054613.9,
        "trend": 122.287,
        "fair_value": 247.710064,
        "relative_strength": -37.542009,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.818496,
        "energy": 50.563233,
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          90.439999,
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      },
      {
        "date": "2026-07-31",
        "close": 84.910004,
        "volume": 452473,
        "typical_volume": 992058.55,
        "trend": 119.084333,
        "fair_value": 244.991538,
        "relative_strength": -41.141304,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.359961,
        "energy": 56.56057,
        "activity_lines": [
          88.036001,
          90.603637,
          97.987476,
          105.002258
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      },
      {
        "date": "2026-08-07",
        "close": 83.580002,
        "volume": 728431,
        "typical_volume": 924914.1,
        "trend": 116.247667,
        "fair_value": 242.150064,
        "relative_strength": -41.773414,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.115004,
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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."
    }
  }
}