{
  "ticker": {
    "uuid": "b5aec039-5014-42ab-a52b-1edaa3726cc9",
    "symbol": "CELEBRITY",
    "name": "Celebrity Fashions 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": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -59.449,
    "architecture_energy": 61.92,
    "architecture_maturity": 10.845,
    "architecture_confidence": 86.744,
    "architecture_tenure": "New",
    "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": 22.49,
        "rotation_up": 12.13,
        "upward_expansion": 15.6,
        "deceleration": 34.63,
        "rotation_down": 70.91,
        "downward_expansion": 88.93
      },
      "activity_lines": [
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      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.666667
    },
    "latest_close": 6.99,
    "trend_reference": 7.644,
    "distance_from_trend": -0.085557,
    "trend_direction": "Weakening",
    "fair_value": 13.693397,
    "distance_from_fair_value": -0.489535,
    "fair_value_direction": "Weakening",
    "relative_strength": -20.492084,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.22677,
    "excess_performance": -0.183061,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.085557,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.068373,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.489535,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.062894,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.204921,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.023917,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.22677,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.611263,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 121906,
      "relative_activity": 0.875338,
      "balance": 0.611263,
      "dry_up": 0.868922,
      "accumulation_observations": 2,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.09409,
      "annualized_volatility": 0.455419,
      "from_high_reference": -0.507746,
      "from_low_reference": 0.237168
    },
    "levels": {
      "trend_reference": 7.644,
      "fair_value_reference": 13.693397,
      "structural_low": 5.65,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 25,
        "median_return": -0.003472,
        "positive_rate": 0.48,
        "directional_follow_through": 0.52,
        "median_excess_return": -0.03079,
        "regime_survival": 0.76,
        "best_return": 0.473684,
        "worst_return": -0.186576,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
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        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
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        "regime_survival": 0.5,
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        "worst_return": -0.257416,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
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        "directional_follow_through": 0.333333,
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        "sufficient": true
      },
      {
        "horizon": "Full cycle",
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    ],
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        "regime": "rotation_up",
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      },
      {
        "regime": "upward_expansion",
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      {
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      {
        "regime": "downward_expansion",
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      {
        "regime": "balance",
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      {
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        ]
      },
      {
        "date": "2026-05-01",
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        "typical_volume": 207666.55,
        "trend": 8.584,
        "fair_value": 14.236538,
        "relative_strength": -19.089254,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
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        "energy": 17.894489,
        "activity_lines": [
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        ]
      },
      {
        "date": "2026-05-08",
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        "gate": "down",
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        "activity_lines": [
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        ]
      },
      {
        "date": "2026-05-15",
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        "typical_volume": 207032.25,
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        "relative_strength": -18.955786,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
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        "direction": -22.534816,
        "energy": 14.369485,
        "activity_lines": [
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      },
      {
        "date": "2026-05-22",
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        "typical_volume": 203964.7,
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        "gate": "down",
        "direction": -15.690413,
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        "activity_lines": [
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        ]
      },
      {
        "date": "2026-05-29",
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        "typical_volume": 199237.0,
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      },
      {
        "date": "2026-06-05",
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        "typical_volume": 192311.1,
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        "relative_strength": -17.767827,
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        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -26.889707,
        "energy": 11.870139,
        "activity_lines": [
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      },
      {
        "date": "2026-06-12",
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        "relative_strength": -18.354752,
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      },
      {
        "date": "2026-06-19",
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        "energy": 9.367573,
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      },
      {
        "date": "2026-06-26",
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        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -14.164564,
        "energy": 6.938336,
        "activity_lines": [
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        ]
      },
      {
        "date": "2026-07-03",
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        "volume": 19562,
        "typical_volume": 156123.85,
        "trend": 7.885333,
        "fair_value": 13.891474,
        "relative_strength": -14.811946,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
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        "energy": 8.045292,
        "activity_lines": [
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      },
      {
        "date": "2026-07-10",
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        "volume": 123105,
        "typical_volume": 150450.85,
        "trend": 7.852,
        "fair_value": 13.855064,
        "relative_strength": -17.468266,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -32.028858,
        "energy": 12.829184,
        "activity_lines": [
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      },
      {
        "date": "2026-07-17",
        "close": 7.1,
        "volume": 95891,
        "typical_volume": 148672.65,
        "trend": 7.804667,
        "fair_value": 13.819808,
        "relative_strength": -21.381339,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -55.737952,
        "energy": 32.116479,
        "activity_lines": [
          7.533333,
          7.638182,
          7.656524,
          7.687462
        ]
      },
      {
        "date": "2026-07-24",
        "close": 7.04,
        "volume": 196066,
        "typical_volume": 142437.8,
        "trend": 7.746333,
        "fair_value": 13.782244,
        "relative_strength": -19.232223,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -55.566986,
        "energy": 45.616314,
        "activity_lines": [
          7.322,
          7.519091,
          7.603333,
          7.638129
        ]
      },
      {
        "date": "2026-07-31",
        "close": 6.95,
        "volume": 70187,
        "typical_volume": 138686.35,
        "trend": 7.675333,
        "fair_value": 13.741538,
        "relative_strength": -21.295394,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.296723,
        "energy": 58.052059,
        "activity_lines": [
          7.142667,
          7.397818,
          7.54681,
          7.586753
        ]
      },
      {
        "date": "2026-08-07",
        "close": 6.99,
        "volume": 121906,
        "typical_volume": 139267.35,
        "trend": 7.644,
        "fair_value": 13.693397,
        "relative_strength": -20.492084,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.449401,
        "energy": 61.920143,
        "activity_lines": [
          7.039333,
          7.296364,
          7.49681,
          7.542538
        ]
      }
    ],
    "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."
    }
  }
}