{
  "ticker": {
    "uuid": "f73b7762-4b47-46ba-81ea-b5b06d56022e",
    "symbol": "AAVAS",
    "name": "Aavas Financiers 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": "4a",
    "phase_label": "Stage 4A \u00b7 Breakdown",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 58.103,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 25.477,
    "architecture_energy": 22.643,
    "architecture_maturity": 57.888,
    "architecture_confidence": 77.946,
    "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": 46.48,
        "rotation_up": 23.85,
        "upward_expansion": 56.95,
        "deceleration": 88.15,
        "rotation_down": 39.54,
        "downward_expansion": 22.95
      },
      "activity_lines": [
        1395.146671,
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        1411.787622,
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      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.0
    },
    "latest_close": 1371.5,
    "trend_reference": 1350.566671,
    "distance_from_trend": 0.0155,
    "trend_direction": "Weakening",
    "fair_value": 1606.209297,
    "distance_from_fair_value": -0.146126,
    "fair_value_direction": "Weakening",
    "relative_strength": -4.623761,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.053865,
    "excess_performance": 0.097574,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.0155,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.025785,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.146126,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.041835,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.046238,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.005104,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.053865,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.988947,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 342458,
      "relative_activity": 0.750062,
      "balance": 0.988947,
      "dry_up": 0.821677,
      "accumulation_observations": 1,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.062985,
      "annualized_volatility": 0.309296,
      "from_high_reference": -0.225972,
      "from_low_reference": 0.29338
    },
    "levels": {
      "trend_reference": 1350.566671,
      "fair_value_reference": 1606.209297,
      "structural_low": 1060.400024,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 7,
        "median_return": 0.028296,
        "positive_rate": 0.714286,
        "directional_follow_through": 0.714286,
        "median_excess_return": 0.007331,
        "regime_survival": 0.428571,
        "best_return": 0.085761,
        "worst_return": -0.148069,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 3,
        "median_return": 0.005617,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.058008,
        "regime_survival": 0.0,
        "best_return": 0.017902,
        "worst_return": -0.073536,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": 0.023545,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.078832,
        "regime_survival": 0.0,
        "best_return": 0.087863,
        "worst_return": -0.04325,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": -0.036014,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.140429,
        "regime_survival": 0.0,
        "best_return": 0.154223,
        "worst_return": -0.226252,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
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        "end": "2024-12-06",
        "tenure": "New",
        "return": 0.009619,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-12-13",
        "end": "2025-01-24",
        "tenure": "Developing",
        "return": 0.036782,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-01-31",
        "end": "2025-03-07",
        "tenure": "Developing",
        "return": -0.00794,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
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        "end": "2025-03-28",
        "tenure": "New",
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        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "end": "2025-05-09",
        "tenure": "Developing",
        "return": -0.163004,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2025-07-25",
        "tenure": "Developing",
        "return": 0.030174,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2025-08-08",
        "tenure": "New",
        "return": 0.019354,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
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        "tenure": "New",
        "return": -0.004825,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
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        "end": "2026-05-08",
        "tenure": "Extended",
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        "active": false
      },
      {
        "regime": "rotation_up",
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        "tenure": "New",
        "return": -0.030043,
        "active": false
      },
      {
        "regime": "balance",
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        "active": false
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      {
        "regime": "rotation_up",
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      {
        "regime": "upward_expansion",
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        "active": true
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      },
      {
        "date": "2026-07-24",
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      },
      {
        "date": "2026-07-31",
        "close": 1361.0,
        "volume": 133264,
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        "trend": 1353.163338,
        "fair_value": 1607.758977,
        "relative_strength": -5.078252,
        "stage": 4,
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        "modifier": "Early expansion",
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      },
      {
        "date": "2026-08-07",
        "close": 1371.5,
        "volume": 342458,
        "typical_volume": 456572.9,
        "trend": 1350.566671,
        "fair_value": 1606.209297,
        "relative_strength": -4.623761,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
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        "energy": 22.642702,
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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."
    }
  }
}