{
  "ticker": {
    "uuid": "ea2b40fe-076d-4d76-ac8e-d4bf9c4e8261",
    "symbol": "DBL",
    "name": "Dilip Buildcon 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": 54.968,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -32.847,
    "architecture_energy": 22.64,
    "architecture_maturity": 5.875,
    "architecture_confidence": 76.529,
    "architecture_tenure": "New",
    "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": 52.46,
        "rotation_up": 18.93,
        "upward_expansion": 5.31,
        "deceleration": 43.05,
        "rotation_down": 44.02,
        "downward_expansion": 73.98
      },
      "activity_lines": [
        431.026672,
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        435.786669,
        435.847528
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      "activity_state": "Compressed",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.333333
    },
    "latest_close": 448.950012,
    "trend_reference": 438.67,
    "distance_from_trend": 0.023434,
    "trend_direction": "Weakening",
    "fair_value": 448.203674,
    "distance_from_fair_value": 0.001665,
    "fair_value_direction": "Weakening",
    "relative_strength": -0.96319,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.013947,
    "excess_performance": 0.029762,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.023434,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.019911,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.001665,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.10709,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.009632,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.062791,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.013947,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 9.69116,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 3485841,
      "relative_activity": 2.026154,
      "balance": 9.69116,
      "dry_up": 3.743143,
      "accumulation_observations": 3,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.062359,
      "annualized_volatility": 0.326669,
      "from_high_reference": -0.232564,
      "from_low_reference": 0.176648
    },
    "levels": {
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      "fair_value_reference": 448.203674,
      "structural_low": 381.549988,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 26,
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        "positive_rate": 0.461538,
        "directional_follow_through": 0.538462,
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        "sufficient": true
      },
      {
        "horizon": "Intermediate",
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        "sufficient": true
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        "horizon": "Extended",
        "sample_count": 5,
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        "horizon": "Full cycle",
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      },
      {
        "date": "2026-04-17",
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 653659.95,
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      },
      {
        "date": "2026-07-24",
        "close": 420.25,
        "volume": 17879719,
        "typical_volume": 1476203.0,
        "trend": 439.848333,
        "fair_value": 446.515409,
        "relative_strength": -4.342069,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -53.556488,
        "energy": 48.251032,
        "activity_lines": [
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      },
      {
        "date": "2026-07-31",
        "close": 429.200012,
        "volume": 4048942,
        "typical_volume": 1585875.6,
        "trend": 438.56,
        "fair_value": 447.239112,
        "relative_strength": -4.671111,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -50.217642,
        "energy": 46.082353,
        "activity_lines": [
          423.093335,
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      },
      {
        "date": "2026-08-07",
        "close": 448.950012,
        "volume": 3485841,
        "typical_volume": 1720422.6,
        "trend": 438.67,
        "fair_value": 448.203674,
        "relative_strength": -0.96319,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -32.846846,
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        "activity_lines": [
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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."
    }
  }
}