{
  "ticker": {
    "uuid": "b9d1b730-b998-424f-96af-e8b8d8bc24ab",
    "symbol": "JAYNECOIND",
    "name": "Jayaswal Neco 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": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 89.48,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Momentum cooling",
    "architecture_gate": "up",
    "architecture_direction": 6.419,
    "architecture_energy": 16.695,
    "architecture_maturity": 31.018,
    "architecture_confidence": 60.918,
    "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": 55.14,
        "rotation_up": 20.45,
        "upward_expansion": 43.53,
        "deceleration": 72.69,
        "rotation_down": 30.7,
        "downward_expansion": 35.2
      },
      "activity_lines": [
        89.054003,
        89.318547,
        92.884811,
        90.842668
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.333333
    },
    "latest_close": 92.370003,
    "trend_reference": 87.346667,
    "distance_from_trend": 0.05751,
    "trend_direction": "Improving",
    "fair_value": 55.823141,
    "distance_from_fair_value": 0.65469,
    "fair_value_direction": "Weakening",
    "relative_strength": 14.96418,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.216035,
    "excess_performance": 0.259744,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.05751,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.054788,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.65469,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.632714,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.149642,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.594934,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.216035,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.20551,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 21209273,
      "relative_activity": 0.900196,
      "balance": 0.20551,
      "dry_up": 1.253532,
      "accumulation_observations": 0,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.079005,
      "annualized_volatility": 0.425545,
      "from_high_reference": -0.210513,
      "from_low_reference": 0.759094
    },
    "levels": {
      "trend_reference": 87.346667,
      "fair_value_reference": 55.823141,
      "structural_low": 68.400002,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 17,
        "median_return": 0.006824,
        "positive_rate": 0.588235,
        "directional_follow_through": 0.588235,
        "median_excess_return": 0.014422,
        "regime_survival": 0.529412,
        "best_return": 0.402583,
        "worst_return": -0.046342,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 7,
        "median_return": 0.107121,
        "positive_rate": 0.714286,
        "directional_follow_through": 0.714286,
        "median_excess_return": 0.173415,
        "regime_survival": 0.142857,
        "best_return": 0.665333,
        "worst_return": -0.145833,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": 0.106996,
        "positive_rate": 0.8,
        "directional_follow_through": 0.8,
        "median_excess_return": 0.133407,
        "regime_survival": 0.2,
        "best_return": 0.455341,
        "worst_return": -0.085031,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.121909,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.025207,
        "regime_survival": 0.0,
        "best_return": 0.1736,
        "worst_return": 0.070218,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-02-09",
        "end": "2024-03-15",
        "tenure": "Developing",
        "return": -0.269015,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-03-22",
        "end": "2024-06-14",
        "tenure": "Established",
        "return": -0.111364,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-06-21",
        "end": "2024-09-06",
        "tenure": "Developing",
        "return": 0.076275,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-09-13",
        "end": "2024-10-25",
        "tenure": "Developing",
        "return": -0.21799,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-11-01",
        "end": "2025-05-02",
        "tenure": "Extended",
        "return": -0.046501,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-09",
        "end": "2025-05-16",
        "tenure": "New",
        "return": 0.18909,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-05-23",
        "end": "2025-06-13",
        "tenure": "New",
        "return": -0.018449,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-06-20",
        "end": "2025-08-01",
        "tenure": "Developing",
        "return": 0.264205,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-08-08",
        "end": "2025-11-28",
        "tenure": "Established",
        "return": 0.341075,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2025-12-26",
        "tenure": "New",
        "return": 0.208057,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-01-02",
        "end": "2026-01-30",
        "tenure": "Developing",
        "return": -0.199869,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2026-04-17",
        "tenure": "Developing",
        "return": 0.266851,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-04-24",
        "end": "2026-06-05",
        "tenure": "Developing",
        "return": 0.0071,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-06-12",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": 0.016619,
        "active": true
      }
    ],
    "chart_path": [
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        "date": "2023-08-18",
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      },
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      },
      {
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      },
      {
        "date": "2026-07-24",
        "close": 86.760002,
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        "typical_volume": 23465689.5,
        "trend": 87.253667,
        "fair_value": 55.055,
        "relative_strength": 13.68909,
        "stage": 2,
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        "modifier": "Recompressing",
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      },
      {
        "date": "2026-07-31",
        "close": 85.410004,
        "volume": 15385542,
        "typical_volume": 23465325.25,
        "trend": 87.048667,
        "fair_value": 55.412115,
        "relative_strength": 8.114108,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": -5.671573,
        "energy": 23.152298,
        "activity_lines": [
          87.925335,
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      },
      {
        "date": "2026-08-07",
        "close": 92.370003,
        "volume": 21209273,
        "typical_volume": 23560731.85,
        "trend": 87.346667,
        "fair_value": 55.823141,
        "relative_strength": 14.96418,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 6.419347,
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        "activity_lines": [
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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."
    }
  }
}