{
  "ticker": {
    "uuid": "e57d3b34-50ab-4cfd-9022-56b5a61620f0",
    "symbol": "RAMKY",
    "name": "Ramky Infrastructure 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": -65.128,
    "architecture_energy": 62.778,
    "architecture_maturity": 27.904,
    "architecture_confidence": 88.798,
    "architecture_tenure": "Developing",
    "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": 5.24,
        "rotation_up": 18.55,
        "upward_expansion": 11.77,
        "deceleration": 44.99,
        "rotation_down": 66.01,
        "downward_expansion": 87.43
      },
      "activity_lines": [
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Stable",
      "price_acceptance": -0.833333
    },
    "latest_close": 406.850006,
    "trend_reference": 451.451666,
    "distance_from_trend": -0.098796,
    "trend_direction": "Weakening",
    "fair_value": 569.514743,
    "distance_from_fair_value": -0.28562,
    "fair_value_direction": "Weakening",
    "relative_strength": -19.196475,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.110516,
    "excess_performance": -0.066807,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.098796,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.111179,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.28562,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.170212,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.191965,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.154833,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.110516,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.043561,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 195967,
      "relative_activity": 0.796651,
      "balance": 1.043561,
      "dry_up": 0.847609,
      "accumulation_observations": 2,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.066628,
      "annualized_volatility": 0.303622,
      "from_high_reference": -0.422908,
      "from_low_reference": 0.108583
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    "levels": {
      "trend_reference": 451.451666,
      "fair_value_reference": 569.514743,
      "structural_low": 367.0,
      "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",
        "sample_count": 19,
        "median_return": 0.00762,
        "positive_rate": 0.526316,
        "directional_follow_through": 0.473684,
        "median_excess_return": -0.013024,
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        "worst_return": -0.232125,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 6,
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        "worst_return": -0.260757,
        "sufficient": true
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        "horizon": "Extended",
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      {
        "date": "2026-04-17",
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      },
      {
        "date": "2026-07-17",
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        "direction": -79.763862,
        "energy": 84.148286,
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      },
      {
        "date": "2026-07-24",
        "close": 371.100006,
        "volume": 169650,
        "typical_volume": 402426.5,
        "trend": 460.741666,
        "fair_value": 570.816345,
        "relative_strength": -24.757775,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
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        "direction": -81.740411,
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      },
      {
        "date": "2026-07-31",
        "close": 379.200012,
        "volume": 142957,
        "typical_volume": 313717.25,
        "trend": 454.889999,
        "fair_value": 570.060576,
        "relative_strength": -24.506111,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.48332,
        "energy": 83.495671,
        "activity_lines": [
          382.870001,
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          423.562857,
          437.523225
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      },
      {
        "date": "2026-08-07",
        "close": 406.850006,
        "volume": 195967,
        "typical_volume": 245988.5,
        "trend": 451.451666,
        "fair_value": 569.514743,
        "relative_strength": -19.196475,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.12827,
        "energy": 62.778119,
        "activity_lines": [
          389.066671,
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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."
    }
  }
}