{
  "ticker": {
    "uuid": "d86f5e94-a759-4579-98a1-da56e0b565e1",
    "symbol": "LGBBROSLTD",
    "name": "L.G. Balakrishnan & Bros 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": -65.858,
    "architecture_energy": 45.155,
    "architecture_maturity": 46.203,
    "architecture_confidence": 91.303,
    "architecture_tenure": "Developing",
    "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": 23.27,
        "rotation_up": 25.0,
        "upward_expansion": 5.9,
        "deceleration": 54.63,
        "rotation_down": 48.62,
        "downward_expansion": 76.9
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      "activity_lines": [
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      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.5
    },
    "latest_close": 1523.5,
    "trend_reference": 1685.683341,
    "distance_from_trend": -0.096212,
    "trend_direction": "Weakening",
    "fair_value": 1360.709503,
    "distance_from_fair_value": 0.119636,
    "fair_value_direction": "Weakening",
    "relative_strength": -6.419179,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.184771,
    "excess_performance": -0.141062,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.096212,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.053584,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.119636,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.166301,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.064192,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.176375,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.184771,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.151519,
        "read": "Supply-led"
      }
    ],
    "volume": {
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      "relative_activity": 1.389576,
      "balance": 0.151519,
      "dry_up": 1.019517,
      "accumulation_observations": 0,
      "distribution_observations": 5
    },
    "risk": {
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      "annualized_volatility": 0.212379,
      "from_high_reference": -0.256104,
      "from_low_reference": 0.256098
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    "levels": {
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      "fair_value_reference": 1360.709503,
      "structural_low": 1475.0,
      "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",
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        "directional_follow_through": 0.285714,
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      },
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        "horizon": "Intermediate",
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        "horizon": "Extended",
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      },
      {
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      },
      {
        "date": "2026-07-24",
        "close": 1540.400024,
        "volume": 78818,
        "typical_volume": 121023.8,
        "trend": 1703.170007,
        "fair_value": 1353.149549,
        "relative_strength": -1.415274,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
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      },
      {
        "date": "2026-07-31",
        "close": 1588.400024,
        "volume": 96949,
        "typical_volume": 112225.8,
        "trend": 1697.013342,
        "fair_value": 1357.05648,
        "relative_strength": -1.343543,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
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        "energy": 33.357791,
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      },
      {
        "date": "2026-08-07",
        "close": 1523.5,
        "volume": 155206,
        "typical_volume": 111693.05,
        "trend": 1685.683341,
        "fair_value": 1360.709503,
        "relative_strength": -6.419179,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
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        "energy": 45.155293,
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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."
    }
  }
}