{
  "ticker": {
    "uuid": "2e4405a7-14d1-455f-8ffb-56ca3c4d6eeb",
    "symbol": "BIKAJI",
    "name": "Bikaji Foods International 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": "mixed",
    "architecture_direction": -34.18,
    "architecture_energy": 44.399,
    "architecture_maturity": 30.873,
    "architecture_confidence": 65.013,
    "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."
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      "scores": {
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        "rotation_up": 21.87,
        "upward_expansion": 19.18,
        "deceleration": 41.75,
        "rotation_down": 61.75,
        "downward_expansion": 58.52
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      "activity_lines": [
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      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.666667
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    "latest_close": 623.5,
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    "fair_value": 668.843277,
    "distance_from_fair_value": -0.067794,
    "fair_value_direction": "Weakening",
    "relative_strength": -8.417164,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.0404,
    "excess_performance": 0.003309,
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        "label": "Price vs Trend",
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        "read": "Below"
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      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.03878,
        "read": "Falling"
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      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.067794,
        "read": "Below anchor"
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      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.100951,
        "read": "Moving away"
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      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.084172,
        "read": "Lagging"
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      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.064069,
        "read": "Weakening"
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      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.0404,
        "read": "Negative"
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      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.192513,
        "read": "Supply-led"
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      "dry_up": 0.904817,
      "accumulation_observations": 0,
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      "from_low_reference": 0.052232
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      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
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        "fair_value": 657.209533,
        "relative_strength": -0.664646,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -22.503574,
        "energy": 11.755046,
        "activity_lines": [
          656.293335,
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      },
      {
        "date": "2026-06-12",
        "close": 672.484314,
        "volume": 403915,
        "typical_volume": 713003.6,
        "trend": 669.416144,
        "fair_value": 658.903899,
        "relative_strength": 1.004387,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -13.759734,
        "energy": 8.607529,
        "activity_lines": [
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      },
      {
        "date": "2026-06-19",
        "close": 658.910889,
        "volume": 128176,
        "typical_volume": 619329.8,
        "trend": 667.646507,
        "fair_value": 660.399054,
        "relative_strength": -2.595091,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -22.025903,
        "energy": 10.137207,
        "activity_lines": [
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      },
      {
        "date": "2026-06-26",
        "close": 639.349121,
        "volume": 0,
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        "trend": 665.053143,
        "fair_value": 661.826353,
        "relative_strength": -5.473021,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -35.819822,
        "energy": 15.437001,
        "activity_lines": [
          653.986141,
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        ]
      },
      {
        "date": "2026-07-03",
        "close": 660.906982,
        "volume": 100793,
        "typical_volume": 567346.6,
        "trend": 663.190043,
        "fair_value": 663.406867,
        "relative_strength": -3.050008,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -12.127006,
        "energy": 5.448408,
        "activity_lines": [
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      },
      {
        "date": "2026-07-10",
        "close": 642.043823,
        "volume": 998801,
        "typical_volume": 581064.05,
        "trend": 660.284837,
        "fair_value": 664.778556,
        "relative_strength": -5.414085,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -27.494679,
        "energy": 15.595112,
        "activity_lines": [
          650.813367,
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      },
      {
        "date": "2026-07-17",
        "close": 638.400024,
        "volume": 506259,
        "typical_volume": 570047.7,
        "trend": 656.591504,
        "fair_value": 665.912714,
        "relative_strength": -6.185436,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -40.183929,
        "energy": 24.20898,
        "activity_lines": [
          645.367033,
          650.661478,
          652.566108,
          650.58932
        ]
      },
      {
        "date": "2026-07-24",
        "close": 630.700012,
        "volume": 291779,
        "typical_volume": 559168.6,
        "trend": 652.634837,
        "fair_value": 666.928467,
        "relative_strength": -4.811312,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -48.002363,
        "energy": 40.169554,
        "activity_lines": [
          639.626314,
          646.437023,
          651.017561,
          648.918902
        ]
      },
      {
        "date": "2026-07-31",
        "close": 636.849976,
        "volume": 303099,
        "typical_volume": 540953.05,
        "trend": 649.34317,
        "fair_value": 667.967339,
        "relative_strength": -6.016044,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -26.158851,
        "energy": 37.430401,
        "activity_lines": [
          637.816309,
          644.028015,
          649.976868,
          647.900523
        ]
      },
      {
        "date": "2026-08-07",
        "close": 623.5,
        "volume": 902274,
        "typical_volume": 553540.4,
        "trend": 646.723171,
        "fair_value": 668.843277,
        "relative_strength": -8.417164,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -34.179766,
        "energy": 44.399049,
        "activity_lines": [
          631.722921,
          639.489012,
          647.5057,
          646.233222
        ]
      }
    ],
    "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."
    }
  }
}