{
  "ticker": {
    "uuid": "3330301c-60e7-4854-85a7-cddf4dd326ec",
    "symbol": "THEJO",
    "name": "Thejo Engineering 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": "2c",
    "phase_label": "Stage 2C \u00b7 Late advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 90.175,
    "architecture_energy": 92.066,
    "architecture_maturity": 30.0,
    "architecture_confidence": 79.327,
    "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": 14.63,
        "rotation_up": 84.23,
        "upward_expansion": 96.59,
        "deceleration": 41.91,
        "rotation_down": 8.64,
        "downward_expansion": 20.93
      },
      "activity_lines": [
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.833333
    },
    "latest_close": 2223.899902,
    "trend_reference": 1749.959993,
    "distance_from_trend": 0.270829,
    "trend_direction": "Improving",
    "fair_value": 2054.992238,
    "distance_from_fair_value": 0.082194,
    "fair_value_direction": "Improving",
    "relative_strength": 26.784436,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.279721,
    "excess_performance": 0.323431,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.270829,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.032829,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.082194,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.188863,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.267844,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.238069,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.279721,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.005328,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 63519,
      "relative_activity": 1.820154,
      "balance": 2.005328,
      "dry_up": 1.551984,
      "accumulation_observations": 3,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.058857,
      "annualized_volatility": 0.37571,
      "from_high_reference": -0.019495,
      "from_low_reference": 0.540524
    },
    "levels": {
      "trend_reference": 1749.959993,
      "fair_value_reference": 2054.992238,
      "structural_low": 1443.599976,
      "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": -0.005076,
        "positive_rate": 0.451613,
        "directional_follow_through": 0.451613,
        "median_excess_return": -0.024673,
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        "best_return": 0.425094,
        "worst_return": -0.232311,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
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        "positive_rate": 0.666667,
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        "worst_return": -0.299366,
        "sufficient": true
      },
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        "horizon": "Extended",
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        "sufficient": true
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        "horizon": "Full cycle",
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      },
      {
        "date": "2026-07-24",
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      },
      {
        "date": "2026-07-31",
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        "typical_volume": 34886.0,
        "trend": 1733.789998,
        "fair_value": 2050.61531,
        "relative_strength": 21.059063,
        "stage": 2,
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        "modifier": "Early expansion",
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        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 2223.899902,
        "volume": 63519,
        "typical_volume": 34897.6,
        "trend": 1749.959993,
        "fair_value": 2054.992238,
        "relative_strength": 26.784436,
        "stage": 2,
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        "modifier": "Early expansion",
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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."
    }
  }
}