{
  "ticker": {
    "uuid": "da439964-7044-4e5e-9a97-2a06854d7d3d",
    "symbol": "MANAKCOAT",
    "name": "Manaksia Coated Metals & 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": 4,
    "stage_name": "Declining",
    "phase": "4a",
    "phase_label": "Stage 4A \u00b7 Breakdown",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "rotation_up",
    "architecture_regime_label": "Rotation Up",
    "architecture_modifier": "Emerging rotation",
    "architecture_gate": "mixed",
    "architecture_direction": 30.966,
    "architecture_energy": 36.568,
    "architecture_maturity": 8.462,
    "architecture_confidence": 52.38,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The Activity Line structure is rotating upward.",
        "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair."
      },
      "scores": {
        "balance": 38.14,
        "rotation_up": 58.0,
        "upward_expansion": 52.11,
        "deceleration": 32.14,
        "rotation_down": 21.03,
        "downward_expansion": 12.78
      },
      "activity_lines": [
        120.778,
        119.137455,
        113.834048,
        112.768
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.666667
    },
    "latest_close": 114.510002,
    "trend_reference": 113.852,
    "distance_from_trend": 0.005779,
    "trend_direction": "Weakening",
    "fair_value": 86.338268,
    "distance_from_fair_value": 0.326295,
    "fair_value_direction": "Weakening",
    "relative_strength": -8.058049,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.057919,
    "excess_performance": -0.014209,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.005779,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.055834,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.326295,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.013367,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.08058,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.083146,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.057919,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.773406,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 1262376,
      "relative_activity": 0.818506,
      "balance": 1.773406,
      "dry_up": 2.140839,
      "accumulation_observations": 3,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.085495,
      "annualized_volatility": 0.397676,
      "from_high_reference": -0.373646,
      "from_low_reference": 0.215605
    },
    "levels": {
      "trend_reference": 113.852,
      "fair_value_reference": 86.338268,
      "structural_low": 94.199997,
      "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": 1,
        "median_return": 0.121622,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.13448,
        "regime_survival": 0.0,
        "best_return": 0.121622,
        "worst_return": 0.121622,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 1,
        "median_return": 1.767568,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 1.772083,
        "regime_survival": 0.0,
        "best_return": 1.767568,
        "worst_return": 1.767568,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 1,
        "median_return": 0.445946,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.493,
        "regime_survival": 0.0,
        "best_return": 0.445946,
        "worst_return": 0.445946,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
        "median_return": -0.027027,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": 0.035838,
        "regime_survival": 0.0,
        "best_return": -0.027027,
        "worst_return": -0.027027,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-12-06",
        "end": "2025-02-14",
        "tenure": "Developing",
        "return": 0.006438,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-02-21",
        "end": "2025-03-21",
        "tenure": "Developing",
        "return": -0.056599,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-03-28",
        "end": "2025-04-04",
        "tenure": "New",
        "return": 0.138362,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-04-11",
        "end": "2025-04-25",
        "tenure": "New",
        "return": 0.145181,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-02",
        "end": "2025-05-30",
        "tenure": "Developing",
        "return": 0.235143,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-06-06",
        "end": "2025-09-05",
        "tenure": "Established",
        "return": 0.150403,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-09-12",
        "end": "2025-10-24",
        "tenure": "Developing",
        "return": 0.241983,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-10-31",
        "end": "2025-11-14",
        "tenure": "New",
        "return": -0.08,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-11-21",
        "end": "2026-01-09",
        "tenure": "Developing",
        "return": -0.060838,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-01-16",
        "end": "2026-05-01",
        "tenure": "Established",
        "return": -0.175138,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-05-08",
        "end": "2026-05-08",
        "tenure": "New",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-05-15",
        "end": "2026-06-26",
        "tenure": "Developing",
        "return": 0.070384,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-07-03",
        "end": "2026-07-10",
        "tenure": "New",
        "return": 0.041131,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-07-17",
        "end": "2026-08-07",
        "tenure": "New",
        "return": -0.112876,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 16.855631,
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        "typical_volume": 676654.75,
        "trend": 16.835684,
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        "relative_strength": -10.285359,
        "stage": 1,
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        "modifier": "Balance after decline",
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      },
      {
        "date": "2023-08-25",
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      },
      {
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      {
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      },
      {
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      {
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      },
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      },
      {
        "date": "2026-04-24",
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        "date": "2026-05-08",
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      },
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      },
      {
        "date": "2026-06-05",
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        "date": "2026-06-12",
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      {
        "date": "2026-06-26",
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      },
      {
        "date": "2026-07-03",
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        "relative_strength": -5.555818,
        "stage": 4,
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      },
      {
        "date": "2026-07-10",
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        "typical_volume": 3040860.95,
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        "fair_value": 83.633729,
        "relative_strength": -1.350449,
        "stage": 1,
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        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 31.460669,
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      },
      {
        "date": "2026-07-17",
        "close": 129.080002,
        "volume": 7412520,
        "typical_volume": 2235338.85,
        "trend": 114.860666,
        "fair_value": 84.353755,
        "relative_strength": 3.103998,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 38.532243,
        "energy": 55.467456,
        "activity_lines": [
          121.154667,
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      },
      {
        "date": "2026-07-24",
        "close": 126.019997,
        "volume": 2298274,
        "typical_volume": 1653012.85,
        "trend": 114.705333,
        "fair_value": 85.051289,
        "relative_strength": 3.509066,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 31.318279,
        "energy": 58.897033,
        "activity_lines": [
          123.761999,
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      },
      {
        "date": "2026-07-31",
        "close": 119.970001,
        "volume": 2234039,
        "typical_volume": 1542391.8,
        "trend": 114.321333,
        "fair_value": 85.713238,
        "relative_strength": -3.439307,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 33.014181,
        "energy": 57.528208,
        "activity_lines": [
          123.691333,
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      },
      {
        "date": "2026-08-07",
        "close": 114.510002,
        "volume": 1262376,
        "typical_volume": 1542293.45,
        "trend": 113.852,
        "fair_value": 86.338268,
        "relative_strength": -8.058049,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 30.966031,
        "energy": 36.567678,
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          120.778,
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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."
    }
  }
}