{
  "ticker": {
    "uuid": "10bbf894-5e57-4c20-b86b-33be406ee5c0",
    "symbol": "BYKE",
    "name": "The Byke Hospitality 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": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -45.848,
    "architecture_energy": 30.742,
    "architecture_maturity": 100.0,
    "architecture_confidence": 64.014,
    "architecture_tenure": "Extended",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 32.31,
        "rotation_up": 24.26,
        "upward_expansion": 14.53,
        "deceleration": 64.13,
        "rotation_down": 43.78,
        "downward_expansion": 66.87
      },
      "activity_lines": [
        33.802,
        33.761818,
        34.620238,
        35.785333
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.666667
    },
    "latest_close": 33.619999,
    "trend_reference": 38.717,
    "distance_from_trend": -0.131648,
    "trend_direction": "Weakening",
    "fair_value": 63.112948,
    "distance_from_fair_value": -0.467304,
    "fair_value_direction": "Weakening",
    "relative_strength": -29.746236,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.352839,
    "excess_performance": -0.30913,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.131648,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.156119,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.467304,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.068373,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.297462,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.05594,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.352839,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.736541,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 92728,
      "relative_activity": 0.301831,
      "balance": 0.736541,
      "dry_up": 0.32927,
      "accumulation_observations": 0,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.081385,
      "annualized_volatility": 0.659036,
      "from_high_reference": -0.56184,
      "from_low_reference": 0.280762
    },
    "levels": {
      "trend_reference": 38.717,
      "fair_value_reference": 63.112948,
      "structural_low": 26.25,
      "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": -0.012327,
        "positive_rate": 0.352941,
        "directional_follow_through": 0.647059,
        "median_excess_return": -0.017644,
        "regime_survival": 0.764706,
        "best_return": 0.311151,
        "worst_return": -0.318973,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 7,
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        "positive_rate": 0.571429,
        "directional_follow_through": 0.428571,
        "median_excess_return": -0.009498,
        "regime_survival": 0.428571,
        "best_return": 0.161335,
        "worst_return": -0.326758,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": 0.036394,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.07315,
        "regime_survival": 0.333333,
        "best_return": 0.087912,
        "worst_return": -0.463603,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.178294,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.002885,
        "regime_survival": 0.5,
        "best_return": 0.574176,
        "worst_return": -0.217588,
        "sufficient": false
      }
    ],
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        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2024-09-20",
        "tenure": "Developing",
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        "active": false
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        "regime": "rotation_down",
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      },
      {
        "regime": "downward_expansion",
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        "color": "red",
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        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "return": 0.04649,
        "active": false
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      {
        "regime": "rotation_up",
        "label": "Rotation Up",
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        "active": false
      },
      {
        "regime": "upward_expansion",
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        "active": false
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      {
        "regime": "rotation_down",
        "label": "Rotation Down",
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      {
        "regime": "downward_expansion",
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        "active": false
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      {
        "regime": "balance",
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        "date": "2026-05-01",
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        "date": "2026-05-08",
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      },
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      },
      {
        "date": "2026-07-03",
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      },
      {
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 412065.4,
        "trend": 40.664333,
        "fair_value": 63.156731,
        "relative_strength": -32.858217,
        "stage": 4,
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        "modifier": "Established contraction",
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        "direction": -60.020521,
        "energy": 53.278603,
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          33.579334,
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      },
      {
        "date": "2026-07-24",
        "close": 32.439999,
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        "typical_volume": 403306.8,
        "trend": 40.015,
        "fair_value": 63.134231,
        "relative_strength": -32.118709,
        "stage": 4,
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        "modifier": "Established contraction",
        "gate": "down",
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        "energy": 56.460154,
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          33.135333,
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          34.768,
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      },
      {
        "date": "2026-07-31",
        "close": 35.16,
        "volume": 141409,
        "typical_volume": 371450.85,
        "trend": 39.395666,
        "fair_value": 63.128846,
        "relative_strength": -27.14136,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.222338,
        "energy": 34.679449,
        "activity_lines": [
          33.776,
          33.846909,
          34.76519,
          36.157957
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      },
      {
        "date": "2026-08-07",
        "close": 33.619999,
        "volume": 92728,
        "typical_volume": 307217.85,
        "trend": 38.717,
        "fair_value": 63.112948,
        "relative_strength": -29.746236,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.847966,
        "energy": 30.741576,
        "activity_lines": [
          33.802,
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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."
    }
  }
}