{
  "ticker": {
    "uuid": "263ca706-0ad0-4e61-a580-f8ff8c88a2d7",
    "symbol": "BEDMUTHA",
    "name": "Bedmutha Industries 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": 71.983,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -33.35,
    "architecture_energy": 19.216,
    "architecture_maturity": 25.047,
    "architecture_confidence": 57.088,
    "architecture_tenure": "Developing",
    "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": 40.8,
        "rotation_up": 23.32,
        "upward_expansion": 15.03,
        "deceleration": 58.06,
        "rotation_down": 38.46,
        "downward_expansion": 62.7
      },
      "activity_lines": [
        109.877335,
        109.792728,
        110.328096,
        112.37843
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.333333
    },
    "latest_close": 113.010002,
    "trend_reference": 115.608,
    "distance_from_trend": -0.022472,
    "trend_direction": "Weakening",
    "fair_value": 164.942949,
    "distance_from_fair_value": -0.314854,
    "fair_value_direction": "Weakening",
    "relative_strength": -4.874533,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.156516,
    "excess_performance": -0.112807,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.022472,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.005631,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.314854,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.006229,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.048745,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.067904,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.156516,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.277389,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 15872,
      "relative_activity": 0.803178,
      "balance": 2.277389,
      "dry_up": 0.722048,
      "accumulation_observations": 3,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.05683,
      "annualized_volatility": 0.344194,
      "from_high_reference": -0.270432,
      "from_low_reference": 0.195241
    },
    "levels": {
      "trend_reference": 115.608,
      "fair_value_reference": 164.942949,
      "structural_low": 94.550003,
      "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": 29,
        "median_return": -0.012185,
        "positive_rate": 0.37931,
        "directional_follow_through": 0.62069,
        "median_excess_return": -0.028399,
        "regime_survival": 0.896552,
        "best_return": 0.146204,
        "worst_return": -0.19706,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 9,
        "median_return": -0.084568,
        "positive_rate": 0.111111,
        "directional_follow_through": 0.888889,
        "median_excess_return": -0.083118,
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        "worst_return": -0.19836,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": -0.151386,
        "positive_rate": 0.4,
        "directional_follow_through": 0.6,
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        "regime_survival": 0.8,
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        "worst_return": -0.266153,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
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        "directional_follow_through": 1.0,
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        "worst_return": -0.444566,
        "sufficient": false
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      {
        "regime": "balance",
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      {
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        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2024-05-03",
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        "return": -0.011997,
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      {
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        "active": false
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        "regime": "downward_expansion",
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        "energy": 50.658051,
        "activity_lines": [
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      },
      {
        "date": "2026-04-24",
        "close": 113.889999,
        "volume": 24054,
        "typical_volume": 65589.35,
        "trend": 119.941332,
        "fair_value": 160.233911,
        "relative_strength": -9.819994,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
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        "activity_lines": [
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      },
      {
        "date": "2026-05-01",
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        "typical_volume": 64157.1,
        "trend": 118.998666,
        "fair_value": 160.579808,
        "relative_strength": -12.072046,
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        "activity_lines": [
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      },
      {
        "date": "2026-05-08",
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        "typical_volume": 64707.4,
        "trend": 118.203999,
        "fair_value": 160.925706,
        "relative_strength": -11.66491,
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        "energy": 19.288129,
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      },
      {
        "date": "2026-05-15",
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        "volume": 27812,
        "typical_volume": 60602.2,
        "trend": 117.586332,
        "fair_value": 161.285449,
        "relative_strength": -8.343645,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
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        "energy": 22.904041,
        "activity_lines": [
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      },
      {
        "date": "2026-05-22",
        "close": 108.739998,
        "volume": 10827,
        "typical_volume": 58816.2,
        "trend": 116.791332,
        "fair_value": 161.627372,
        "relative_strength": -10.731812,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.883613,
        "energy": 30.099558,
        "activity_lines": [
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      },
      {
        "date": "2026-05-29",
        "close": 113.400002,
        "volume": 31493,
        "typical_volume": 40830.5,
        "trend": 116.262666,
        "fair_value": 161.985065,
        "relative_strength": -5.646247,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.678796,
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      },
      {
        "date": "2026-06-05",
        "close": 111.029999,
        "volume": 13927,
        "typical_volume": 38526.9,
        "trend": 115.792666,
        "fair_value": 162.319231,
        "relative_strength": -6.29087,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -22.994947,
        "energy": 15.899752,
        "activity_lines": [
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      },
      {
        "date": "2026-06-12",
        "close": 111.129997,
        "volume": 3770,
        "typical_volume": 37048.6,
        "trend": 115.656999,
        "fair_value": 162.655962,
        "relative_strength": -6.691344,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -49.147137,
        "energy": 24.763866,
        "activity_lines": [
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      },
      {
        "date": "2026-06-19",
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        "trend": 115.714666,
        "fair_value": 163.007629,
        "relative_strength": -7.816957,
        "stage": 4,
        "regime": "balance",
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        "gate": "down",
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        "energy": 23.229318,
        "activity_lines": [
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      },
      {
        "date": "2026-06-26",
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        "volume": 0,
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        "trend": 115.577999,
        "fair_value": 163.340513,
        "relative_strength": -9.73212,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -56.962307,
        "energy": 34.485744,
        "activity_lines": [
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      },
      {
        "date": "2026-07-03",
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        "volume": 3126,
        "typical_volume": 23389.0,
        "trend": 115.915333,
        "fair_value": 163.626795,
        "relative_strength": -7.375551,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -49.329334,
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        "activity_lines": [
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      },
      {
        "date": "2026-07-10",
        "close": 108.720001,
        "volume": 21875,
        "typical_volume": 22546.05,
        "trend": 116.152999,
        "fair_value": 163.894872,
        "relative_strength": -8.962199,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.339677,
        "energy": 40.041072,
        "activity_lines": [
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      },
      {
        "date": "2026-07-17",
        "close": 109.040001,
        "volume": 9703,
        "typical_volume": 21046.65,
        "trend": 116.259666,
        "fair_value": 164.164359,
        "relative_strength": -8.669677,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.097474,
        "energy": 39.175931,
        "activity_lines": [
          109.498667,
          110.101818,
          110.792428,
          113.624968
        ]
      },
      {
        "date": "2026-07-24",
        "close": 106.889999,
        "volume": 4911,
        "typical_volume": 19913.05,
        "trend": 115.977666,
        "fair_value": 164.41077,
        "relative_strength": -7.862943,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.055066,
        "energy": 43.559724,
        "activity_lines": [
          108.548,
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          110.271524,
          113.020473
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      },
      {
        "date": "2026-07-31",
        "close": 108.910004,
        "volume": 26589,
        "typical_volume": 19939.25,
        "trend": 115.894,
        "fair_value": 164.674936,
        "relative_strength": -8.061502,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -51.764437,
        "energy": 37.674351,
        "activity_lines": [
          108.548668,
          109.246728,
          110.066857,
          112.564495
        ]
      },
      {
        "date": "2026-08-07",
        "close": 113.010002,
        "volume": 15872,
        "typical_volume": 19761.5,
        "trend": 115.608,
        "fair_value": 164.942949,
        "relative_strength": -4.874533,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -33.349837,
        "energy": 19.215788,
        "activity_lines": [
          109.877335,
          109.792728,
          110.328096,
          112.37843
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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."
    }
  }
}