{
  "ticker": {
    "uuid": "e9ac69db-5205-410d-948c-c5fc2ac5d0bd",
    "symbol": "ARENTERP",
    "name": "Rajdarshan Industries 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": "1a",
    "phase_label": "Stage 1A \u00b7 Bottoming",
    "transition": "stage_1_building",
    "transition_label": "Base still building",
    "confidence": 96.0,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Balance after decline",
    "architecture_gate": "mixed",
    "architecture_direction": 1.874,
    "architecture_energy": 10.657,
    "architecture_maturity": 19.651,
    "architecture_confidence": 61.122,
    "architecture_tenure": "New",
    "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": 61.43,
        "rotation_up": 45.06,
        "upward_expansion": 35.91,
        "deceleration": 44.54,
        "rotation_down": 22.39,
        "downward_expansion": 17.91
      },
      "activity_lines": [
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        38.855273,
        38.73681,
        38.969376
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.0
    },
    "latest_close": 37.91,
    "trend_reference": 39.504666,
    "distance_from_trend": -0.040367,
    "trend_direction": "Weakening",
    "fair_value": 45.063269,
    "distance_from_fair_value": -0.158738,
    "fair_value_direction": "Weakening",
    "relative_strength": -10.649247,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.013017,
    "excess_performance": 0.030692,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.040367,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.080973,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.158738,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.031848,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.106492,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.007312,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.013017,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 3.546364,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 14588,
      "relative_activity": 0.401779,
      "balance": 3.546364,
      "dry_up": 4.196883,
      "accumulation_observations": 1,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.14086,
      "annualized_volatility": 0.447243,
      "from_high_reference": -0.376378,
      "from_low_reference": 0.263246
    },
    "levels": {
      "trend_reference": 39.504666,
      "fair_value_reference": 45.063269,
      "structural_low": 30.01,
      "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": 18,
        "median_return": -0.00229,
        "positive_rate": 0.444444,
        "directional_follow_through": 0.444444,
        "median_excess_return": -0.006718,
        "regime_survival": 0.444444,
        "best_return": 0.336296,
        "worst_return": -0.083248,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 9,
        "median_return": -0.023669,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.049334,
        "regime_survival": 0.222222,
        "best_return": 0.216326,
        "worst_return": -0.271279,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
        "median_return": 0.059044,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.003648,
        "regime_survival": 0.333333,
        "best_return": 0.704922,
        "worst_return": -0.206742,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": -0.005486,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.091344,
        "regime_survival": 0.666667,
        "best_return": 1.177778,
        "worst_return": -0.147368,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2024-11-29",
        "tenure": "New",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-12-06",
        "end": "2025-01-24",
        "tenure": "Developing",
        "return": -0.33953,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-01-31",
        "end": "2025-02-07",
        "tenure": "New",
        "return": -0.056013,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-02-14",
        "end": "2025-05-30",
        "tenure": "Established",
        "return": 0.040619,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
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        "start": "2025-06-06",
        "end": "2025-06-27",
        "tenure": "New",
        "return": 0.138536,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
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        "end": "2025-07-18",
        "tenure": "New",
        "return": -0.156464,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-07-25",
        "end": "2025-08-01",
        "tenure": "New",
        "return": -0.004948,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-08-08",
        "end": "2025-10-10",
        "tenure": "Developing",
        "return": -0.06132,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-10-17",
        "end": "2025-10-31",
        "tenure": "New",
        "return": 0.004754,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-11-07",
        "end": "2025-11-28",
        "tenure": "New",
        "return": 0.2042,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-12-05",
        "end": "2025-12-19",
        "tenure": "New",
        "return": -0.200174,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-12-26",
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        "tenure": "Developing",
        "return": -0.080435,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-01-30",
        "end": "2026-07-24",
        "tenure": "Established",
        "return": 0.119433,
        "active": false
      },
      {
        "regime": "balance",
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        "start": "2026-07-31",
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        "tenure": "New",
        "return": -0.085625,
        "active": true
      }
    ],
    "chart_path": [
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        "date": "2023-08-18",
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        "typical_volume": 18350.35,
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      },
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      },
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      },
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        "relative_strength": -11.308964,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -36.053211,
        "energy": 18.915249,
        "activity_lines": [
          40.547333,
          39.926545,
          40.390476,
          42.031398
        ]
      },
      {
        "date": "2026-05-08",
        "close": 39.099998,
        "volume": 2998,
        "typical_volume": 8307.5,
        "trend": 43.7,
        "fair_value": 44.782436,
        "relative_strength": -11.380464,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -35.1876,
        "energy": 16.909477,
        "activity_lines": [
          40.239332,
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          40.169476,
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      },
      {
        "date": "2026-05-15",
        "close": 38.41,
        "volume": 11277,
        "typical_volume": 8229.65,
        "trend": 43.437667,
        "fair_value": 44.81359,
        "relative_strength": -10.865452,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.183316,
        "energy": 23.781411,
        "activity_lines": [
          39.480666,
          39.516181,
          39.915571,
          41.378
        ]
      },
      {
        "date": "2026-05-22",
        "close": 38.32,
        "volume": 9531,
        "typical_volume": 8101.35,
        "trend": 43.195666,
        "fair_value": 44.841603,
        "relative_strength": -11.003014,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -50.393877,
        "energy": 30.069204,
        "activity_lines": [
          38.837999,
          39.304545,
          39.69338,
          41.047828
        ]
      },
      {
        "date": "2026-05-29",
        "close": 40.189999,
        "volume": 6109,
        "typical_volume": 7721.85,
        "trend": 42.985333,
        "fair_value": 44.863654,
        "relative_strength": -5.64776,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -47.015955,
        "energy": 24.513401,
        "activity_lines": [
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          39.680571,
          40.853914
        ]
      },
      {
        "date": "2026-06-05",
        "close": 37.110001,
        "volume": 540,
        "typical_volume": 7468.65,
        "trend": 42.666667,
        "fair_value": 44.829423,
        "relative_strength": -11.833067,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.720121,
        "energy": 29.661538,
        "activity_lines": [
          38.479333,
          39.11,
          39.392952,
          40.47486
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      },
      {
        "date": "2026-06-12",
        "close": 38.43,
        "volume": 677,
        "typical_volume": 7341.9,
        "trend": 42.447667,
        "fair_value": 44.83218,
        "relative_strength": -9.444026,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -47.631547,
        "energy": 25.125439,
        "activity_lines": [
          38.414,
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      },
      {
        "date": "2026-06-19",
        "close": 37.040001,
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        "trend": 42.003667,
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        "relative_strength": -13.872429,
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        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
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        "energy": 27.707969,
        "activity_lines": [
          37.93,
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      },
      {
        "date": "2026-06-26",
        "close": 37.18,
        "volume": 0,
        "typical_volume": 6558.05,
        "trend": 41.369667,
        "fair_value": 44.842885,
        "relative_strength": -13.088252,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.795137,
        "energy": 35.866614,
        "activity_lines": [
          37.584,
          38.110545,
          38.815095,
          39.541441
        ]
      },
      {
        "date": "2026-07-03",
        "close": 35.189999,
        "volume": 78,
        "typical_volume": 6239.85,
        "trend": 40.626,
        "fair_value": 44.847308,
        "relative_strength": -17.662704,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.438637,
        "energy": 45.92884,
        "activity_lines": [
          36.650667,
          37.473091,
          38.418857,
          39.142752
        ]
      },
      {
        "date": "2026-07-10",
        "close": 36.740002,
        "volume": 6634,
        "typical_volume": 6468.55,
        "trend": 40.204,
        "fair_value": 44.869359,
        "relative_strength": -13.387733,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -53.519723,
        "energy": 44.3147,
        "activity_lines": [
          36.567334,
          37.247273,
          38.198381,
          38.892043
        ]
      },
      {
        "date": "2026-07-17",
        "close": 37.240002,
        "volume": 6872,
        "typical_volume": 6736.05,
        "trend": 39.912333,
        "fair_value": 44.894615,
        "relative_strength": -12.191629,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -50.98039,
        "energy": 37.851201,
        "activity_lines": [
          36.675334,
          37.150728,
          38.042667,
          38.700817
        ]
      },
      {
        "date": "2026-07-24",
        "close": 44.240002,
        "volume": 482976,
        "typical_volume": 30554.7,
        "trend": 39.824667,
        "fair_value": 44.973398,
        "relative_strength": 6.909352,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -8.317391,
        "energy": 6.071053,
        "activity_lines": [
          39.196001,
          38.360728,
          38.571572,
          38.980022
        ]
      },
      {
        "date": "2026-07-31",
        "close": 41.459999,
        "volume": 105095,
        "typical_volume": 35687.1,
        "trend": 39.710333,
        "fair_value": 45.027949,
        "relative_strength": -2.054618,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 11.675378,
        "energy": 14.621398,
        "activity_lines": [
          40.310001,
          38.959273,
          38.822429,
          39.085527
        ]
      },
      {
        "date": "2026-08-07",
        "close": 37.91,
        "volume": 14588,
        "typical_volume": 36308.55,
        "trend": 39.504666,
        "fair_value": 45.063269,
        "relative_strength": -10.649247,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 1.873718,
        "energy": 10.657379,
        "activity_lines": [
          39.955334,
          38.855273,
          38.73681,
          38.969376
        ]
      }
    ],
    "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."
    }
  }
}