{
  "ticker": {
    "uuid": "e17afb50-8042-49fc-afbe-b56056f29b4f",
    "symbol": "GRSE",
    "name": "Garden Reach Shipbuilders & Engineers 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": "3b",
    "phase_label": "Stage 3B \u00b7 Distribution",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 83.524,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Momentum cooling",
    "architecture_gate": "up",
    "architecture_direction": 5.893,
    "architecture_energy": 23.202,
    "architecture_maturity": 37.394,
    "architecture_confidence": 71.092,
    "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": 55.26,
        "rotation_up": 19.37,
        "upward_expansion": 46.88,
        "deceleration": 68.39,
        "rotation_down": 40.71,
        "downward_expansion": 38.55
      },
      "activity_lines": [
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      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.333333
    },
    "latest_close": 2599.0,
    "trend_reference": 2577.351872,
    "distance_from_trend": 0.008399,
    "trend_direction": "Improving",
    "fair_value": 1855.145443,
    "distance_from_fair_value": 0.400968,
    "fair_value_direction": "Weakening",
    "relative_strength": 1.843327,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.082285,
    "excess_performance": 0.125994,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.008399,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.014135,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.400968,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.417007,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.018433,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.191074,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.082285,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.53933,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 3095487,
      "relative_activity": 0.517606,
      "balance": 0.53933,
      "dry_up": 0.3476,
      "accumulation_observations": 1,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.057487,
      "annualized_volatility": 0.382976,
      "from_high_reference": -0.221623,
      "from_low_reference": 0.323522
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    "levels": {
      "trend_reference": 2577.351872,
      "fair_value_reference": 1855.145443,
      "structural_low": 1963.699951,
      "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": 19,
        "median_return": 0.010378,
        "positive_rate": 0.578947,
        "directional_follow_through": 0.578947,
        "median_excess_return": -0.009723,
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        "worst_return": -0.203015,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
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        "positive_rate": 0.625,
        "directional_follow_through": 0.625,
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        "regime_survival": 0.125,
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        "worst_return": -0.220041,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
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        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
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        "worst_return": -0.247437,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
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        "worst_return": 0.456295,
        "sufficient": false
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    ],
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      {
        "regime": "deceleration",
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      {
        "regime": "rotation_down",
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      {
        "regime": "downward_expansion",
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      },
      {
        "regime": "balance",
        "label": "Balance",
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        "active": false
      },
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        "regime": "downward_expansion",
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      },
      {
        "date": "2026-07-24",
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      },
      {
        "date": "2026-07-31",
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        "typical_volume": 5976648.5,
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        "fair_value": 1842.128661,
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      },
      {
        "date": "2026-08-07",
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        "volume": 3095487,
        "typical_volume": 5980388.25,
        "trend": 2577.351872,
        "fair_value": 1855.145443,
        "relative_strength": 1.843327,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
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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."
    }
  }
}