{
  "ticker": {
    "uuid": "e1e6fcaf-63ed-42ee-be5e-bd3a1b5857bf",
    "symbol": "JAIPURKURT",
    "name": "Nandani Creation 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": -58.424,
    "architecture_energy": 45.215,
    "architecture_maturity": 49.344,
    "architecture_confidence": 88.79,
    "architecture_tenure": "Established",
    "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": 11.8,
        "rotation_up": 18.8,
        "upward_expansion": 6.76,
        "deceleration": 47.12,
        "rotation_down": 56.36,
        "downward_expansion": 80.1
      },
      "activity_lines": [
        27.31,
        27.626,
        28.775095,
        29.545419
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Stable",
      "price_acceptance": -0.666667
    },
    "latest_close": 27.58,
    "trend_reference": 31.227333,
    "distance_from_trend": -0.116799,
    "trend_direction": "Weakening",
    "fair_value": 46.158654,
    "distance_from_fair_value": -0.402496,
    "fair_value_direction": "Weakening",
    "relative_strength": -15.341768,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.277254,
    "excess_performance": -0.233545,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.116799,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.040212,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.402496,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.038941,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.153418,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.078909,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.277254,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.133853,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 418381,
      "relative_activity": 4.367206,
      "balance": 2.133853,
      "dry_up": 1.669061,
      "accumulation_observations": 1,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.079796,
      "annualized_volatility": 0.403828,
      "from_high_reference": -0.355607,
      "from_low_reference": 0.130328
    },
    "levels": {
      "trend_reference": 31.227333,
      "fair_value_reference": 46.158654,
      "structural_low": 24.4,
      "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": 34,
        "median_return": -0.03512,
        "positive_rate": 0.352941,
        "directional_follow_through": 0.617647,
        "median_excess_return": -0.042547,
        "regime_survival": 0.911765,
        "best_return": 0.311637,
        "worst_return": -0.238169,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 11,
        "median_return": -0.059497,
        "positive_rate": 0.363636,
        "directional_follow_through": 0.636364,
        "median_excess_return": -0.107602,
        "regime_survival": 0.727273,
        "best_return": 0.746395,
        "worst_return": -0.215293,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": -0.034296,
        "positive_rate": 0.4,
        "directional_follow_through": 0.6,
        "median_excess_return": -0.06839,
        "regime_survival": 0.4,
        "best_return": 0.718698,
        "worst_return": -0.347531,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": -0.071955,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.013731,
        "regime_survival": 0.666667,
        "best_return": 0.449916,
        "worst_return": -0.514444,
        "sufficient": false
      }
    ],
    "ledger": [
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        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2023-01-13",
        "end": "2023-02-03",
        "tenure": "New",
        "return": -0.076113,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2023-02-10",
        "end": "2023-03-24",
        "tenure": "Developing",
        "return": -0.111229,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2023-03-31",
        "end": "2023-04-21",
        "tenure": "New",
        "return": 0.179455,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2023-04-28",
        "end": "2023-09-22",
        "tenure": "Established",
        "return": -0.168527,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2023-09-29",
        "end": "2023-10-27",
        "tenure": "Developing",
        "return": 0.011728,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2023-11-03",
        "end": "2023-11-03",
        "tenure": "New",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2023-11-10",
        "end": "2025-01-17",
        "tenure": "Extended",
        "return": -0.481302,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-01-24",
        "end": "2025-02-07",
        "tenure": "New",
        "return": 0.304537,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "end": "2025-05-02",
        "tenure": "Developing",
        "return": -0.022856,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-09",
        "end": "2025-08-08",
        "tenure": "Established",
        "return": -0.015655,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-08-15",
        "end": "2026-01-30",
        "tenure": "Established",
        "return": -0.029854,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-02-06",
        "end": "2026-02-27",
        "tenure": "New",
        "return": -0.08674,
        "active": false
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      {
        "regime": "balance",
        "label": "Balance",
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        "return": -0.10254,
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      },
      {
        "regime": "downward_expansion",
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        "return": 0.087968,
        "active": true
      }
    ],
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        "date": "2023-08-18",
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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": "2026-05-22",
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        "date": "2026-06-05",
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        "date": "2026-06-12",
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      },
      {
        "date": "2026-07-03",
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        "typical_volume": 161966.05,
        "trend": 31.785667,
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        "relative_strength": -16.587269,
        "stage": 4,
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        "modifier": "Established contraction",
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      },
      {
        "date": "2026-07-10",
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        "typical_volume": 137992.25,
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        "fair_value": 47.719743,
        "relative_strength": -14.890272,
        "stage": 4,
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        "modifier": "Established contraction",
        "gate": "down",
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      },
      {
        "date": "2026-07-17",
        "close": 27.91,
        "volume": 10061,
        "typical_volume": 116019.5,
        "trend": 31.763,
        "fair_value": 47.343525,
        "relative_strength": -15.617151,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.83154,
        "energy": 57.414563,
        "activity_lines": [
          28.035333,
          28.577637,
          29.464,
          30.430194
        ]
      },
      {
        "date": "2026-07-24",
        "close": 27.01,
        "volume": 134930,
        "typical_volume": 109686.25,
        "trend": 31.695667,
        "fair_value": 46.963141,
        "relative_strength": -15.730297,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.692109,
        "energy": 58.529365,
        "activity_lines": [
          27.672667,
          28.180364,
          29.20681,
          30.123548
        ]
      },
      {
        "date": "2026-07-31",
        "close": 26.67,
        "volume": 76216,
        "typical_volume": 93115.95,
        "trend": 31.515333,
        "fair_value": 46.56391,
        "relative_strength": -18.165857,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.107887,
        "energy": 57.00608,
        "activity_lines": [
          27.3,
          27.780909,
          28.940476,
          29.799312
        ]
      },
      {
        "date": "2026-08-07",
        "close": 27.58,
        "volume": 418381,
        "typical_volume": 95800.6,
        "trend": 31.227333,
        "fair_value": 46.158654,
        "relative_strength": -15.341768,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.423537,
        "energy": 45.215426,
        "activity_lines": [
          27.31,
          27.626,
          28.775095,
          29.545419
        ]
      }
    ],
    "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."
    }
  }
}