{
  "ticker": {
    "uuid": "ef87ba82-f928-4ab5-83c7-fb6e014db9a2",
    "symbol": "TIINDIA",
    "name": "Tube Investments of India 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": 3,
    "stage_name": "Distribution",
    "phase": "3b",
    "phase_label": "Stage 3B \u00b7 Distribution",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 63.729,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": -2.071,
    "architecture_energy": 22.507,
    "architecture_maturity": 37.884,
    "architecture_confidence": 87.476,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 53.25,
        "rotation_up": 14.29,
        "upward_expansion": 42.59,
        "deceleration": 80.51,
        "rotation_down": 46.18,
        "downward_expansion": 36.59
      },
      "activity_lines": [
        2792.888102,
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        2944.672518,
        2884.985595
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.5
    },
    "latest_close": 2772.0,
    "trend_reference": 2770.483089,
    "distance_from_trend": 0.000548,
    "trend_direction": "Improving",
    "fair_value": 3247.271952,
    "distance_from_fair_value": -0.14636,
    "fair_value_direction": "Weakening",
    "relative_strength": -1.922407,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.199148,
    "excess_performance": 0.242857,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.000548,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.029866,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.14636,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.084743,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.019224,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.129863,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.199148,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.61697,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 1505342,
      "relative_activity": 1.260716,
      "balance": 0.61697,
      "dry_up": 1.161827,
      "accumulation_observations": 3,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.072949,
      "annualized_volatility": 0.320637,
      "from_high_reference": -0.188763,
      "from_low_reference": 0.281513
    },
    "levels": {
      "trend_reference": 2770.483089,
      "fair_value_reference": 3247.271952,
      "structural_low": 2316.038336,
      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 12,
        "median_return": 0.037957,
        "positive_rate": 0.583333,
        "directional_follow_through": 0.583333,
        "median_excess_return": 0.020184,
        "regime_survival": 0.5,
        "best_return": 0.191435,
        "worst_return": -0.106173,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 6,
        "median_return": -0.025434,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.008046,
        "regime_survival": 0.0,
        "best_return": 0.136065,
        "worst_return": -0.29748,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
        "median_return": 0.086014,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.034708,
        "regime_survival": 0.166667,
        "best_return": 0.766629,
        "worst_return": -0.33878,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.44124,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.170347,
        "regime_survival": 0.333333,
        "best_return": 0.740071,
        "worst_return": -0.235342,
        "sufficient": false
      }
    ],
    "ledger": [
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        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-02-23",
        "end": "2024-05-10",
        "tenure": "Developing",
        "return": 0.123473,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "tenure": "Developing",
        "return": 0.064871,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2024-10-11",
        "tenure": "Developing",
        "return": 0.054528,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "tenure": "Developing",
        "return": -0.225976,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-11-29",
        "end": "2024-12-06",
        "tenure": "New",
        "return": 0.024954,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-12-13",
        "end": "2025-05-23",
        "tenure": "Established",
        "return": -0.165532,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-30",
        "end": "2025-09-12",
        "tenure": "Established",
        "return": 0.055763,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "end": "2025-10-17",
        "tenure": "Developing",
        "return": -0.058053,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
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        "end": "2025-11-28",
        "tenure": "Developing",
        "return": -0.118638,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
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        "start": "2025-12-05",
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        "tenure": "Established",
        "return": -0.047718,
        "active": false
      },
      {
        "regime": "balance",
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        "end": "2026-04-24",
        "tenure": "Developing",
        "return": 0.156802,
        "active": false
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      {
        "regime": "rotation_up",
        "label": "Rotation Up",
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        "active": false
      },
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      },
      {
        "date": "2026-07-24",
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      },
      {
        "date": "2026-07-31",
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        "fair_value": 3247.719075,
        "relative_strength": -1.991462,
        "stage": 3,
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      },
      {
        "date": "2026-08-07",
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        "typical_volume": 1194037.2,
        "trend": 2770.483089,
        "fair_value": 3247.271952,
        "relative_strength": -1.922407,
        "stage": 3,
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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."
    }
  }
}