{
  "ticker": {
    "uuid": "d6866faf-343e-4ad2-9ac3-24d5f9cb5370",
    "symbol": "NRL",
    "name": "Nupur Recyclers 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": "2c",
    "phase_label": "Stage 2C \u00b7 Late advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 89.134,
    "architecture_energy": 77.568,
    "architecture_maturity": 36.0,
    "architecture_confidence": 66.188,
    "architecture_tenure": "Developing",
    "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": 0.52,
        "rotation_up": 88.26,
        "upward_expansion": 90.82,
        "deceleration": 49.74,
        "rotation_down": 8.92,
        "downward_expansion": 12.82
      },
      "activity_lines": [
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        85.885381,
        76.758645
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 1.0
    },
    "latest_close": 116.900002,
    "trend_reference": 66.828667,
    "distance_from_trend": 0.749249,
    "trend_direction": "Improving",
    "fair_value": 76.827756,
    "distance_from_fair_value": 0.521586,
    "fair_value_direction": "Improving",
    "relative_strength": 76.734094,
    "relative_strength_direction": "Improving",
    "price_momentum": 1.219059,
    "excess_performance": 1.262768,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.749249,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.199445,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.521586,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.773229,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.767341,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.855527,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 1.219059,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 5.514524,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 338694,
      "relative_activity": 0.930695,
      "balance": 5.514524,
      "dry_up": 1.227789,
      "accumulation_observations": 3,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.069619,
      "annualized_volatility": 0.45784,
      "from_high_reference": -0.006459,
      "from_low_reference": 1.592018
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    "levels": {
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      "fair_value_reference": 76.827756,
      "structural_low": 45.099998,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
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    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 9,
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        "positive_rate": 0.444444,
        "directional_follow_through": 0.444444,
        "median_excess_return": -0.022678,
        "regime_survival": 0.555556,
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        "worst_return": -0.138644,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
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        "horizon": "Extended",
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      },
      {
        "date": "2026-07-17",
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        "volume": 662691,
        "typical_volume": 339319.6,
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        "fair_value": 76.037863,
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        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
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        "direction": 95.223355,
        "energy": 98.214397,
        "activity_lines": [
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          67.791205
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      },
      {
        "date": "2026-07-24",
        "close": 105.0,
        "volume": 440988,
        "typical_volume": 354767.45,
        "trend": 63.139,
        "fair_value": 76.267137,
        "relative_strength": 68.04035,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.625016,
        "energy": 92.758182,
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        ]
      },
      {
        "date": "2026-07-31",
        "close": 106.589996,
        "volume": 344871,
        "typical_volume": 364201.7,
        "trend": 64.798667,
        "fair_value": 76.508739,
        "relative_strength": 64.581984,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.252851,
        "energy": 89.010444,
        "activity_lines": [
          104.641331,
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          81.47619,
          73.397269
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      },
      {
        "date": "2026-08-07",
        "close": 116.900002,
        "volume": 338694,
        "typical_volume": 363915.0,
        "trend": 66.828667,
        "fair_value": 76.827756,
        "relative_strength": 76.734094,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 89.133906,
        "energy": 77.568146,
        "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."
    }
  }
}