{
  "ticker": {
    "uuid": "0caad2b0-c9a0-45d2-883a-0a976ac0de5e",
    "symbol": "CCHHL",
    "name": "Country Club Hospitality & Holidays 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": 96.0,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Balance after decline",
    "architecture_gate": "down",
    "architecture_direction": -50.685,
    "architecture_energy": 24.42,
    "architecture_maturity": 30.816,
    "architecture_confidence": 94.043,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "Directional pressure has compressed into balance.",
        "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base."
      },
      "scores": {
        "balance": 42.2,
        "rotation_up": 19.11,
        "upward_expansion": 1.81,
        "deceleration": 48.38,
        "rotation_down": 46.54,
        "downward_expansion": 75.14
      },
      "activity_lines": [
        12.815333,
        12.831818,
        13.052476,
        13.061806
      ],
      "activity_state": "Compressed",
      "activity_direction": "Stable",
      "rotation_direction": "Stable",
      "price_acceptance": -0.666667
    },
    "latest_close": 12.69,
    "trend_reference": 13.153,
    "distance_from_trend": -0.035201,
    "trend_direction": "Weakening",
    "fair_value": 15.961923,
    "distance_from_fair_value": -0.204983,
    "fair_value_direction": "Weakening",
    "relative_strength": -12.404818,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.042264,
    "excess_performance": 0.001445,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.035201,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.06555,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.204983,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.125992,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.124048,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.062684,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.042264,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.700783,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 120132,
      "relative_activity": 0.855587,
      "balance": 0.700783,
      "dry_up": 0.697783,
      "accumulation_observations": 1,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.075468,
      "annualized_volatility": 0.443163,
      "from_high_reference": -0.365183,
      "from_low_reference": 0.265204
    },
    "levels": {
      "trend_reference": 13.153,
      "fair_value_reference": 15.961923,
      "structural_low": 10.03,
      "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": 17,
        "median_return": -0.028868,
        "positive_rate": 0.294118,
        "directional_follow_through": 0.294118,
        "median_excess_return": -0.043983,
        "regime_survival": 0.647059,
        "best_return": 0.333333,
        "worst_return": -0.153846,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
        "median_return": -0.08608,
        "positive_rate": 0.375,
        "directional_follow_through": 0.375,
        "median_excess_return": -0.109853,
        "regime_survival": 0.5,
        "best_return": 0.149351,
        "worst_return": -0.232308,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": -0.0375,
        "positive_rate": 0.4,
        "directional_follow_through": 0.4,
        "median_excess_return": -0.130641,
        "regime_survival": 0.4,
        "best_return": 1.155844,
        "worst_return": -0.165447,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": -0.045455,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.146468,
        "regime_survival": 0.333333,
        "best_return": 1.095238,
        "worst_return": -0.240117,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2023-08-25",
        "end": "2023-10-20",
        "tenure": "Developing",
        "return": -0.037234,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2023-10-27",
        "end": "2023-11-17",
        "tenure": "New",
        "return": 0.111765,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2023-11-24",
        "end": "2024-03-08",
        "tenure": "Established",
        "return": 0.433673,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-03-15",
        "end": "2024-04-19",
        "tenure": "Developing",
        "return": 0.175781,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-04-26",
        "end": "2024-08-23",
        "tenure": "Established",
        "return": 0.306885,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-08-30",
        "end": "2024-12-06",
        "tenure": "Established",
        "return": 0.03959,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-12-13",
        "end": "2024-12-27",
        "tenure": "New",
        "return": -0.084919,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-01-03",
        "end": "2025-05-30",
        "tenure": "Established",
        "return": -0.21305,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-06-06",
        "end": "2025-07-18",
        "tenure": "Developing",
        "return": 0.073678,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-07-25",
        "end": "2025-08-01",
        "tenure": "New",
        "return": -0.043099,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-08-08",
        "end": "2025-08-15",
        "tenure": "New",
        "return": 0.009045,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2025-11-28",
        "tenure": "Established",
        "return": -0.099206,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-12-05",
        "end": "2026-05-01",
        "tenure": "Established",
        "return": -0.108861,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2026-08-07",
        "tenure": "Established",
        "return": -0.110098,
        "active": true
      }
    ],
    "chart_path": [
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        "date": "2023-08-18",
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        "activity_lines": [
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      },
      {
        "date": "2026-05-01",
        "close": 14.08,
        "volume": 114078,
        "typical_volume": 181834.05,
        "trend": 14.514333,
        "fair_value": 15.436795,
        "relative_strength": -6.713425,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
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        "energy": 21.06401,
        "activity_lines": [
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      },
      {
        "date": "2026-05-08",
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        "relative_strength": -6.136413,
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        "regime": "balance",
        "modifier": "Balance after decline",
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        ]
      },
      {
        "date": "2026-05-15",
        "close": 13.64,
        "volume": 108889,
        "typical_volume": 180778.9,
        "trend": 14.317,
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        "relative_strength": -8.017467,
        "stage": 4,
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        "modifier": "Balance after decline",
        "gate": "down",
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        "energy": 11.326913,
        "activity_lines": [
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      },
      {
        "date": "2026-05-22",
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        "volume": 103887,
        "typical_volume": 178228.65,
        "trend": 14.190667,
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        "relative_strength": -10.838922,
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        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -12.215185,
        "energy": 8.226929,
        "activity_lines": [
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      },
      {
        "date": "2026-05-29",
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        "typical_volume": 174608.35,
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        "relative_strength": -8.292777,
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        "activity_lines": [
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      },
      {
        "date": "2026-06-05",
        "close": 12.77,
        "volume": 20561,
        "typical_volume": 169180.7,
        "trend": 13.952,
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        "relative_strength": -12.003661,
        "stage": 4,
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        "modifier": "Balance after decline",
        "gate": "down",
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        "energy": 17.738654,
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      },
      {
        "date": "2026-06-12",
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        "volume": 174861,
        "typical_volume": 169261.15,
        "trend": 13.836667,
        "fair_value": 15.678974,
        "relative_strength": -11.336902,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
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      },
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        "date": "2026-06-19",
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        "modifier": "Balance after decline",
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        "energy": 20.711564,
        "activity_lines": [
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      },
      {
        "date": "2026-06-26",
        "close": 12.68,
        "volume": 0,
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        "relative_strength": -13.95615,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -51.946708,
        "energy": 32.471618,
        "activity_lines": [
          12.874,
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      },
      {
        "date": "2026-07-03",
        "close": 13.0,
        "volume": 34449,
        "typical_volume": 159807.15,
        "trend": 13.529,
        "fair_value": 15.79109,
        "relative_strength": -12.218985,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
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        "energy": 29.144321,
        "activity_lines": [
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      },
      {
        "date": "2026-07-10",
        "close": 12.84,
        "volume": 159890,
        "typical_volume": 159626.35,
        "trend": 13.438,
        "fair_value": 15.829487,
        "relative_strength": -12.413985,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -49.316192,
        "energy": 27.498279,
        "activity_lines": [
          12.874,
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          13.141905,
          13.194602
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      },
      {
        "date": "2026-07-17",
        "close": 12.7,
        "volume": 123310,
        "typical_volume": 156605.9,
        "trend": 13.354667,
        "fair_value": 15.866667,
        "relative_strength": -13.153296,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -52.812796,
        "energy": 32.847577,
        "activity_lines": [
          12.812,
          12.899091,
          13.107476,
          13.146989
        ]
      },
      {
        "date": "2026-07-24",
        "close": 12.74,
        "volume": 63799,
        "typical_volume": 155083.5,
        "trend": 13.273667,
        "fair_value": 15.903141,
        "relative_strength": -10.22165,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -50.825689,
        "energy": 28.366569,
        "activity_lines": [
          12.78,
          12.847273,
          13.080524,
          13.107333
        ]
      },
      {
        "date": "2026-07-31",
        "close": 13.08,
        "volume": 84659,
        "typical_volume": 149133.6,
        "trend": 13.202,
        "fair_value": 15.937628,
        "relative_strength": -9.63797,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -37.567771,
        "energy": 18.200962,
        "activity_lines": [
          12.876,
          12.873636,
          13.087667,
          13.094839
        ]
      },
      {
        "date": "2026-08-07",
        "close": 12.69,
        "volume": 120132,
        "typical_volume": 140408.9,
        "trend": 13.153,
        "fair_value": 15.961923,
        "relative_strength": -12.404818,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -50.685058,
        "energy": 24.419666,
        "activity_lines": [
          12.815333,
          12.831818,
          13.052476,
          13.061806
        ]
      }
    ],
    "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."
    }
  }
}