{
  "ticker": {
    "uuid": "ee363a2f-b96a-47a6-ab4e-427e482f54dc",
    "symbol": "SIL",
    "name": "Standard 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": "1c",
    "phase_label": "Stage 1C \u00b7 Breakout watch",
    "transition": "stage_1_to_2_watch",
    "transition_label": "Stage 1 \u2192 2 watch",
    "confidence": 89.185,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 68.481,
    "architecture_energy": 58.926,
    "architecture_maturity": 17.447,
    "architecture_confidence": 91.495,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 15.03,
        "rotation_up": 64.2,
        "upward_expansion": 87.62,
        "deceleration": 43.96,
        "rotation_down": 15.67,
        "downward_expansion": 11.96
      },
      "activity_lines": [
        16.602667,
        16.288364,
        16.015762,
        15.666783
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.833333
    },
    "latest_close": 17.09,
    "trend_reference": 15.28504,
    "distance_from_trend": 0.118087,
    "trend_direction": "Improving",
    "fair_value": 20.539125,
    "distance_from_fair_value": -0.16793,
    "fair_value_direction": "Improving",
    "relative_strength": 7.065058,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.125037,
    "excess_performance": 0.168746,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.118087,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.003272,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.16793,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.06118,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.070651,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.067745,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.125037,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.526993,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 120340,
      "relative_activity": 1.323789,
      "balance": 1.526993,
      "dry_up": 1.197983,
      "accumulation_observations": 4,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.062745,
      "annualized_volatility": 0.396123,
      "from_high_reference": -0.116967,
      "from_low_reference": 0.460684
    },
    "levels": {
      "trend_reference": 15.28504,
      "fair_value_reference": 20.539125,
      "structural_low": 11.7,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 12,
        "median_return": -0.022168,
        "positive_rate": 0.416667,
        "directional_follow_through": 0.416667,
        "median_excess_return": -0.047254,
        "regime_survival": 0.583333,
        "best_return": 0.443645,
        "worst_return": -0.207641,
        "sufficient": true
      },
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        "horizon": "Intermediate",
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        "worst_return": -0.102939,
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        "horizon": "Full cycle",
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        "date": "2026-04-17",
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      {
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      },
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      },
      {
        "date": "2026-07-17",
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        "volume": 152309,
        "typical_volume": 105096.0,
        "trend": 15.165454,
        "fair_value": 20.626702,
        "relative_strength": 1.779601,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 52.35409,
        "energy": 36.77353,
        "activity_lines": [
          16.06,
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          15.649667,
          15.396677
        ]
      },
      {
        "date": "2026-07-24",
        "close": 15.89,
        "volume": 64027,
        "typical_volume": 101951.7,
        "trend": 15.180053,
        "fair_value": 20.587083,
        "relative_strength": 2.595988,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 50.314563,
        "energy": 38.295526,
        "activity_lines": [
          16.049333,
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      },
      {
        "date": "2026-07-31",
        "close": 16.77,
        "volume": 98938,
        "typical_volume": 98550.7,
        "trend": 15.217854,
        "fair_value": 20.56148,
        "relative_strength": 5.734778,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.167208,
        "energy": 50.603807,
        "activity_lines": [
          16.321333,
          16.088,
          15.858048,
          15.546
        ]
      },
      {
        "date": "2026-08-07",
        "close": 17.09,
        "volume": 120340,
        "typical_volume": 90905.7,
        "trend": 15.28504,
        "fair_value": 20.539125,
        "relative_strength": 7.065058,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.480734,
        "energy": 58.926432,
        "activity_lines": [
          16.602667,
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          16.015762,
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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."
    }
  }
}