{
  "ticker": {
    "uuid": "b8418e80-0c47-497b-88c4-85a4d3731add",
    "symbol": "LUXIND",
    "name": "Lux 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": 77.811,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Momentum cooling",
    "architecture_gate": "up",
    "architecture_direction": 22.242,
    "architecture_energy": 16.196,
    "architecture_maturity": 34.962,
    "architecture_confidence": 86.756,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 58.7,
        "rotation_up": 22.62,
        "upward_expansion": 57.96,
        "deceleration": 79.42,
        "rotation_down": 25.72,
        "downward_expansion": 17.29
      },
      "activity_lines": [
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        1251.276549
      ],
      "activity_state": "Compressed",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.166667
    },
    "latest_close": 1269.400024,
    "trend_reference": 1172.444993,
    "distance_from_trend": 0.082695,
    "trend_direction": "Improving",
    "fair_value": 1433.263886,
    "distance_from_fair_value": -0.114329,
    "fair_value_direction": "Weakening",
    "relative_strength": 6.646291,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.29696,
    "excess_performance": 0.34067,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.082695,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.034509,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.114329,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.191591,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.066463,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.236493,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.29696,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.34699,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 136274,
      "relative_activity": 0.160012,
      "balance": 1.34699,
      "dry_up": 0.14244,
      "accumulation_observations": 0,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.068742,
      "annualized_volatility": 0.722038,
      "from_high_reference": -0.303809,
      "from_low_reference": 0.540441
    },
    "levels": {
      "trend_reference": 1172.444993,
      "fair_value_reference": 1433.263886,
      "structural_low": 824.049988,
      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 9,
        "median_return": -0.0268,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.044012,
        "regime_survival": 0.666667,
        "best_return": 0.20544,
        "worst_return": -0.106531,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 4,
        "median_return": -0.085087,
        "positive_rate": 0.25,
        "directional_follow_through": 0.25,
        "median_excess_return": -0.047843,
        "regime_survival": 0.25,
        "best_return": 0.451135,
        "worst_return": -0.332301,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 2,
        "median_return": -0.046361,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
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        "regime_survival": 0.0,
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        "worst_return": -0.394604,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
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        "directional_follow_through": 0.0,
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        "sufficient": false
      }
    ],
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        "label": "Downward Expansion",
        "color": "red",
        "start": "2023-11-17",
        "end": "2024-04-19",
        "tenure": "Established",
        "return": -0.190958,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
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      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "tenure": "New",
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        "active": false
      },
      {
        "regime": "deceleration",
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        "active": false
      },
      {
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      {
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      {
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        "end": "2024-12-13",
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        "active": false
      },
      {
        "regime": "balance",
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        "regime": "downward_expansion",
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      },
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      },
      {
        "date": "2026-07-24",
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      },
      {
        "date": "2026-07-31",
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        "fair_value": 1435.217737,
        "relative_strength": 5.517409,
        "stage": 3,
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      },
      {
        "date": "2026-08-07",
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        "typical_volume": 851647.35,
        "trend": 1172.444993,
        "fair_value": 1433.263886,
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        "stage": 3,
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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."
    }
  }
}