{
  "ticker": {
    "uuid": "e4c1dcba-57c7-49e3-af6d-ae15a8da545e",
    "symbol": "AFFLE",
    "name": "Affle 3i 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": 1,
    "stage_name": "Basing",
    "phase": "1c",
    "phase_label": "Stage 1C \u00b7 Breakout watch",
    "transition": "stage_1_to_2_watch",
    "transition_label": "Stage 1 \u2192 2 watch",
    "confidence": 76.147,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Balance after decline",
    "architecture_gate": "mixed",
    "architecture_direction": 48.311,
    "architecture_energy": 57.856,
    "architecture_maturity": 33.092,
    "architecture_confidence": 60.137,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "Directional pressure has compressed into balance.",
        "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base."
      },
      "scores": {
        "balance": 26.65,
        "rotation_up": 68.46,
        "upward_expansion": 61.62,
        "deceleration": 21.25,
        "rotation_down": 20.83,
        "downward_expansion": 22.29
      },
      "activity_lines": [
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        1475.278051
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.666667
    },
    "latest_close": 1645.599976,
    "trend_reference": 1477.663318,
    "distance_from_trend": 0.11365,
    "trend_direction": "Weakening",
    "fair_value": 1490.500318,
    "distance_from_fair_value": 0.104059,
    "fair_value_direction": "Improving",
    "relative_strength": 1.399307,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.001093,
    "excess_performance": 0.042616,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.11365,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.048241,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.104059,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.067094,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.013993,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.11528,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.001093,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.005272,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 1458398,
      "relative_activity": 0.815444,
      "balance": 1.005272,
      "dry_up": 1.594769,
      "accumulation_observations": 2,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.061072,
      "annualized_volatility": 0.32363,
      "from_high_reference": -0.247175,
      "from_low_reference": 0.315112
    },
    "levels": {
      "trend_reference": 1477.663318,
      "fair_value_reference": 1490.500318,
      "structural_low": 1251.300049,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 9,
        "median_return": 0.047004,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.033628,
        "regime_survival": 0.444444,
        "best_return": 0.148759,
        "worst_return": -0.136563,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 5,
        "median_return": 0.055539,
        "positive_rate": 0.6,
        "directional_follow_through": 0.6,
        "median_excess_return": 0.019879,
        "regime_survival": 0.2,
        "best_return": 0.223472,
        "worst_return": -0.162976,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": -0.031792,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.055339,
        "regime_survival": 0.0,
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        "worst_return": -0.254689,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": -0.116739,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.168448,
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        "worst_return": -0.259507,
        "sufficient": false
      }
    ],
    "ledger": [
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        "end": "2024-10-04",
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        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
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        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "tenure": "Developing",
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        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
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        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
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        "end": "2025-04-18",
        "tenure": "Developing",
        "return": 0.056352,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
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        "end": "2025-05-23",
        "tenure": "Developing",
        "return": 0.077605,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
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        "end": "2025-06-13",
        "tenure": "New",
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        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "end": "2025-08-08",
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        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
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        "tenure": "New",
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        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "active": false
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      {
        "regime": "balance",
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        "active": false
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      {
        "regime": "rotation_down",
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        "active": false
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      {
        "regime": "downward_expansion",
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        "active": false
      },
      {
        "regime": "balance",
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        "active": true
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    ],
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      },
      {
        "date": "2026-07-24",
        "close": 1445.300049,
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      },
      {
        "date": "2026-07-31",
        "close": 1586.0,
        "volume": 6631590,
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        "trend": 1482.27332,
        "fair_value": 1486.817626,
        "relative_strength": -1.919864,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 39.116682,
        "energy": 39.380864,
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      },
      {
        "date": "2026-08-07",
        "close": 1645.599976,
        "volume": 1458398,
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        "trend": 1477.663318,
        "fair_value": 1490.500318,
        "relative_strength": 1.399307,
        "stage": 1,
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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."
    }
  }
}