{
  "ticker": {
    "uuid": "e2c0c191-7890-4752-8817-aeb08f2978dd",
    "symbol": "VSTTILLERS",
    "name": "V.S.T. Tillers Tractors 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": -58.229,
    "architecture_energy": 45.746,
    "architecture_maturity": 65.348,
    "architecture_confidence": 88.339,
    "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": 17.15,
        "rotation_up": 25.41,
        "upward_expansion": 6.83,
        "deceleration": 57.94,
        "rotation_down": 47.76,
        "downward_expansion": 77.83
      },
      "activity_lines": [
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      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.5
    },
    "latest_close": 4487.399902,
    "trend_reference": 5026.930013,
    "distance_from_trend": -0.107328,
    "trend_direction": "Weakening",
    "fair_value": 4336.075153,
    "distance_from_fair_value": 0.034899,
    "fair_value_direction": "Weakening",
    "relative_strength": -13.654861,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.22671,
    "excess_performance": -0.183001,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.107328,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.073738,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.034899,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.196349,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.136549,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.182049,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.22671,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.702278,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 94911,
      "relative_activity": 2.182266,
      "balance": 0.702278,
      "dry_up": 0.938116,
      "accumulation_observations": 2,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.05486,
      "annualized_volatility": 0.25041,
      "from_high_reference": -0.295984,
      "from_low_reference": 0.039833
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    "levels": {
      "trend_reference": 5026.930013,
      "fair_value_reference": 4336.075153,
      "structural_low": 4315.5,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
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    "outcomes": [
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        "horizon": "Near term",
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        "positive_rate": 0.473684,
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        "median_excess_return": -0.004292,
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      },
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        "horizon": "Intermediate",
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        "horizon": "Extended",
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      {
        "horizon": "Full cycle",
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        "regime": "downward_expansion",
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      },
      {
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      },
      {
        "date": "2026-07-24",
        "close": 4416.700195,
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        "typical_volume": 49011.5,
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      },
      {
        "date": "2026-07-31",
        "close": 4455.899902,
        "volume": 25384,
        "typical_volume": 44428.1,
        "trend": 5067.750016,
        "fair_value": 4326.7049,
        "relative_strength": -13.599175,
        "stage": 4,
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        "modifier": "Established contraction",
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        "energy": 48.351254,
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      },
      {
        "date": "2026-08-07",
        "close": 4487.399902,
        "volume": 94911,
        "typical_volume": 43491.95,
        "trend": 5026.930013,
        "fair_value": 4336.075153,
        "relative_strength": -13.654861,
        "stage": 4,
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        "modifier": "Established contraction",
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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."
    }
  }
}