{
  "ticker": {
    "uuid": "2f02f819-7843-4b60-a013-c605680bd00e",
    "symbol": "CCL",
    "name": "CCL Products (India) 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": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 85.175,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Re-accelerating",
    "architecture_gate": "up",
    "architecture_direction": 43.384,
    "architecture_energy": 29.458,
    "architecture_maturity": 49.435,
    "architecture_confidence": 53.778,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 34.38,
        "rotation_up": 39.6,
        "upward_expansion": 64.87,
        "deceleration": 64.72,
        "rotation_down": 24.41,
        "downward_expansion": 14.87
      },
      "activity_lines": [
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        1118.851797
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      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
    },
    "latest_close": 1130.0,
    "trend_reference": 1081.463617,
    "distance_from_trend": 0.04488,
    "trend_direction": "Improving",
    "fair_value": 776.344411,
    "distance_from_fair_value": 0.45554,
    "fair_value_direction": "Weakening",
    "relative_strength": 12.037749,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.143862,
    "excess_performance": 0.187571,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.04488,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.057054,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.45554,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.074624,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.120377,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.11455,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.143862,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.32612,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 962958,
      "relative_activity": 1.041308,
      "balance": 0.32612,
      "dry_up": 0.959507,
      "accumulation_observations": 1,
      "distribution_observations": 5
    },
    "risk": {
      "range_context": 0.050626,
      "annualized_volatility": 0.174204,
      "from_high_reference": -0.090324,
      "from_low_reference": 0.389396
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    "levels": {
      "trend_reference": 1081.463617,
      "fair_value_reference": 776.344411,
      "structural_low": 964.0,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 31,
        "median_return": -0.008052,
        "positive_rate": 0.483871,
        "directional_follow_through": 0.483871,
        "median_excess_return": 0.004849,
        "regime_survival": 0.709677,
        "best_return": 0.13846,
        "worst_return": -0.204964,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 12,
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        "worst_return": -0.266915,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 7,
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        "directional_follow_through": 0.714286,
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        "worst_return": -0.192315,
        "sufficient": true
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        "horizon": "Full cycle",
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        "sufficient": false
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        "regime": "downward_expansion",
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      },
      {
        "date": "2026-07-24",
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      },
      {
        "date": "2026-07-31",
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      },
      {
        "date": "2026-08-07",
        "close": 1130.0,
        "volume": 962958,
        "typical_volume": 924757.85,
        "trend": 1081.463617,
        "fair_value": 776.344411,
        "relative_strength": 12.037749,
        "stage": 2,
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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."
    }
  }
}