{
  "ticker": {
    "uuid": "e2ba2670-7775-41f7-9f7f-32d59cd4811a",
    "symbol": "DMART",
    "name": "Avenue Supermarts 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": 73.233,
    "architecture_regime": "rotation_down",
    "architecture_regime_label": "Rotation Down",
    "architecture_modifier": "Supply rotation",
    "architecture_gate": "mixed",
    "architecture_direction": -30.836,
    "architecture_energy": 48.099,
    "architecture_maturity": 7.258,
    "architecture_confidence": 75.197,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The Activity Line structure is rotating downward.",
        "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion."
      },
      "scores": {
        "balance": 28.09,
        "rotation_up": 16.53,
        "upward_expansion": 24.29,
        "deceleration": 50.59,
        "rotation_down": 68.27,
        "downward_expansion": 56.29
      },
      "activity_lines": [
        3948.353337,
        4013.30546,
        4114.075259,
        4114.022601
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -1.0
    },
    "latest_close": 3900.0,
    "trend_reference": 4065.590015,
    "distance_from_trend": -0.04073,
    "trend_direction": "Improving",
    "fair_value": 4142.590061,
    "distance_from_fair_value": -0.05856,
    "fair_value_direction": "Weakening",
    "relative_strength": -5.130513,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.002596,
    "excess_performance": 0.046306,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.04073,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.012991,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.05856,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.129653,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.051305,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.146729,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.002596,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.339773,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 1918378,
      "relative_activity": 0.779475,
      "balance": 0.339773,
      "dry_up": 1.304809,
      "accumulation_observations": 1,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.050911,
      "annualized_volatility": 0.280226,
      "from_high_reference": -0.212042,
      "from_low_reference": 0.083333
    },
    "levels": {
      "trend_reference": 4065.590015,
      "fair_value_reference": 4142.590061,
      "structural_low": 3630.0,
      "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": 6,
        "median_return": -0.013618,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.014799,
        "regime_survival": 0.333333,
        "best_return": 0.015727,
        "worst_return": -0.058779,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 4,
        "median_return": -0.113624,
        "positive_rate": 0.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.057297,
        "regime_survival": 0.0,
        "best_return": -0.030192,
        "worst_return": -0.220086,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": 0.069926,
        "positive_rate": 0.75,
        "directional_follow_through": 0.25,
        "median_excess_return": 0.080785,
        "regime_survival": 0.0,
        "best_return": 0.097507,
        "worst_return": -0.118367,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": -0.038056,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.069136,
        "regime_survival": 0.0,
        "best_return": 0.079213,
        "worst_return": -0.155326,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-04-11",
        "end": "2025-05-02",
        "tenure": "New",
        "return": -0.021614,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-05-09",
        "end": "2025-05-23",
        "tenure": "New",
        "return": 0.042392,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-05-30",
        "end": "2025-06-20",
        "tenure": "New",
        "return": 0.074511,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-06-27",
        "end": "2025-07-18",
        "tenure": "New",
        "return": -0.061412,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-07-25",
        "end": "2025-08-22",
        "tenure": "Developing",
        "return": 0.175582,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-08-29",
        "end": "2025-10-10",
        "tenure": "Developing",
        "return": -0.091513,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-10-17",
        "end": "2025-10-31",
        "tenure": "New",
        "return": -0.034631,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-11-07",
        "end": "2025-12-12",
        "tenure": "Developing",
        "return": -0.041885,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-12-19",
        "end": "2026-03-20",
        "tenure": "Established",
        "return": -0.01275,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-03-27",
        "end": "2026-04-10",
        "tenure": "New",
        "return": 0.127434,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-04-17",
        "end": "2026-05-01",
        "tenure": "New",
        "return": -0.009204,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-08",
        "end": "2026-05-29",
        "tenure": "New",
        "return": -0.078962,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-06-05",
        "end": "2026-07-24",
        "tenure": "Developing",
        "return": -0.030259,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-07-31",
        "end": "2026-08-07",
        "tenure": "New",
        "return": -0.005356,
        "active": true
      }
    ],
    "chart_path": [
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        "date": "2023-08-18",
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      },
      {
        "date": "2026-07-24",
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      },
      {
        "date": "2026-07-31",
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        "typical_volume": 2454398.35,
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        "fair_value": 4140.346792,
        "relative_strength": -4.025199,
        "stage": 3,
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        "gate": "mixed",
        "direction": -27.121693,
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      },
      {
        "date": "2026-08-07",
        "close": 3900.0,
        "volume": 1918378,
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        "trend": 4065.590015,
        "fair_value": 4142.590061,
        "relative_strength": -5.130513,
        "stage": 4,
        "regime": "rotation_down",
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        "gate": "mixed",
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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."
    }
  }
}