{
  "ticker": {
    "uuid": "efcb6bd8-e78d-4599-a727-631697e1cc59",
    "symbol": "HIRECT",
    "name": "Hind Rectifiers 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": 2,
    "stage_name": "Advancing",
    "phase": "2c",
    "phase_label": "Stage 2C \u00b7 Late advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 69.71,
    "architecture_energy": 75.275,
    "architecture_maturity": 46.0,
    "architecture_confidence": 86.44,
    "architecture_tenure": "Established",
    "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": 8.05,
        "rotation_up": 72.98,
        "upward_expansion": 89.57,
        "deceleration": 48.24,
        "rotation_down": 11.89,
        "downward_expansion": 16.24
      },
      "activity_lines": [
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        1042.415868
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.666667
    },
    "latest_close": 1310.199951,
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    "distance_from_trend": 0.421801,
    "trend_direction": "Improving",
    "fair_value": 577.953034,
    "distance_from_fair_value": 1.266966,
    "fair_value_direction": "Improving",
    "relative_strength": 50.746911,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.952899,
    "excess_performance": 0.996608,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.421801,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.184373,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 1.266966,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.376171,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.507469,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.228837,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.952899,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 11.883015,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 485922,
      "relative_activity": 0.486649,
      "balance": 11.883015,
      "dry_up": 1.712896,
      "accumulation_observations": 3,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.097972,
      "annualized_volatility": 0.431697,
      "from_high_reference": -0.062494,
      "from_low_reference": 1.318117
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    "levels": {
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      "fair_value_reference": 577.953034,
      "structural_low": 634.0,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
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      },
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 976884.85,
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      },
      {
        "date": "2026-07-31",
        "close": 1322.616079,
        "volume": 638275,
        "typical_volume": 990621.0,
        "trend": 900.922007,
        "fair_value": 570.645569,
        "relative_strength": 54.660989,
        "stage": 2,
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        "modifier": "Established expansion",
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        "energy": 62.952052,
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      },
      {
        "date": "2026-08-07",
        "close": 1310.199951,
        "volume": 485922,
        "typical_volume": 998505.5,
        "trend": 921.507004,
        "fair_value": 577.953034,
        "relative_strength": 50.746911,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.709748,
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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."
    }
  }
}