{
  "ticker": {
    "uuid": "5a46a5c3-b409-4b7b-852f-0cb0d44e1655",
    "symbol": "KILITCH",
    "name": "Kilitch Drugs (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": "2a",
    "phase_label": "Stage 2A \u00b7 Early 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": 64.437,
    "architecture_energy": 39.206,
    "architecture_maturity": 40.465,
    "architecture_confidence": 76.958,
    "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": 29.25,
        "rotation_up": 44.79,
        "upward_expansion": 76.05,
        "deceleration": 65.48,
        "rotation_down": 25.26,
        "downward_expansion": 5.05
      },
      "activity_lines": [
        186.764667,
        185.842727,
        178.755524,
        172.238839
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
    },
    "latest_close": 193.520004,
    "trend_reference": 166.391668,
    "distance_from_trend": 0.163039,
    "trend_direction": "Improving",
    "fair_value": 170.990242,
    "distance_from_fair_value": 0.131761,
    "fair_value_direction": "Improving",
    "relative_strength": 13.071128,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.07976,
    "excess_performance": 0.123469,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.163039,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.019366,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.131761,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.155092,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.130711,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.218242,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.07976,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 4.567716,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 108499,
      "relative_activity": 0.331922,
      "balance": 4.567716,
      "dry_up": 0.347902,
      "accumulation_observations": 2,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.081021,
      "annualized_volatility": 0.443226,
      "from_high_reference": -0.148333,
      "from_low_reference": 0.65049
    },
    "levels": {
      "trend_reference": 166.391668,
      "fair_value_reference": 170.990242,
      "structural_low": 117.25,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 19,
        "median_return": -0.00987,
        "positive_rate": 0.473684,
        "directional_follow_through": 0.473684,
        "median_excess_return": -0.051993,
        "regime_survival": 0.684211,
        "best_return": 0.233131,
        "worst_return": -0.27023,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
        "median_return": -0.154185,
        "positive_rate": 0.25,
        "directional_follow_through": 0.25,
        "median_excess_return": -0.163917,
        "regime_survival": 0.25,
        "best_return": 0.535033,
        "worst_return": -0.297736,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
        "median_return": 0.063557,
        "positive_rate": 0.833333,
        "directional_follow_through": 0.833333,
        "median_excess_return": -0.030069,
        "regime_survival": 0.333333,
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        "worst_return": -0.304572,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
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        "directional_follow_through": 0.25,
        "median_excess_return": -0.222151,
        "regime_survival": 0.25,
        "best_return": 0.899413,
        "worst_return": -0.262463,
        "sufficient": false
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        "active": false
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        "regime": "upward_expansion",
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      },
      {
        "regime": "deceleration",
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      {
        "regime": "rotation_down",
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        "active": false
      },
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        "regime": "downward_expansion",
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      {
        "regime": "balance",
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        "regime": "downward_expansion",
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      {
        "regime": "balance",
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      },
      {
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        "typical_volume": 327728.25,
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      },
      {
        "date": "2026-07-24",
        "close": 180.009995,
        "volume": 69466,
        "typical_volume": 328844.85,
        "trend": 165.314668,
        "fair_value": 169.78675,
        "relative_strength": 7.915536,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 45.216093,
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        "activity_lines": [
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      },
      {
        "date": "2026-07-31",
        "close": 186.589996,
        "volume": 147882,
        "typical_volume": 329773.55,
        "trend": 165.527668,
        "fair_value": 170.347858,
        "relative_strength": 9.455073,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 47.228178,
        "energy": 29.679229,
        "activity_lines": [
          183.613998,
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      },
      {
        "date": "2026-08-07",
        "close": 193.520004,
        "volume": 108499,
        "typical_volume": 326880.9,
        "trend": 166.391668,
        "fair_value": 170.990242,
        "relative_strength": 13.071128,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.437278,
        "energy": 39.20554,
        "activity_lines": [
          186.764667,
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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."
    }
  }
}