{
  "ticker": {
    "uuid": "7282f611-6224-4e0b-ac80-eb90fce8c52d",
    "symbol": "KAJARIACER",
    "name": "Kajaria Ceramics 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": "Re-accelerating",
    "architecture_gate": "up",
    "architecture_direction": 60.033,
    "architecture_energy": 50.104,
    "architecture_maturity": 42.034,
    "architecture_confidence": 68.565,
    "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": 20.21,
        "rotation_up": 50.01,
        "upward_expansion": 78.82,
        "deceleration": 68.63,
        "rotation_down": 25.24,
        "downward_expansion": 7.82
      },
      "activity_lines": [
        1199.160034,
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        1124.88528
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      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
    },
    "latest_close": 1167.300049,
    "trend_reference": 1072.110008,
    "distance_from_trend": 0.088788,
    "trend_direction": "Improving",
    "fair_value": 1161.870139,
    "distance_from_fair_value": 0.004673,
    "fair_value_direction": "Improving",
    "relative_strength": 6.617047,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.241214,
    "excess_performance": 0.284923,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.088788,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.041158,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.004673,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.063041,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.06617,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.016653,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.241214,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.7973,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 1540616,
      "relative_activity": 1.166868,
      "balance": 0.7973,
      "dry_up": 1.26355,
      "accumulation_observations": 2,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.044396,
      "annualized_volatility": 0.301034,
      "from_high_reference": -0.103453,
      "from_low_reference": 0.342341
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    "levels": {
      "trend_reference": 1072.110008,
      "fair_value_reference": 1161.870139,
      "structural_low": 870.0,
      "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": 22,
        "median_return": 0.008106,
        "positive_rate": 0.545455,
        "directional_follow_through": 0.545455,
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        "worst_return": -0.257792,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
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        "regime_survival": 0.333333,
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        "worst_return": -0.252733,
        "sufficient": true
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      {
        "horizon": "Extended",
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        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
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        "sufficient": true
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        "horizon": "Full cycle",
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        "worst_return": -0.19243,
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      {
        "date": "2026-07-03",
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      },
      {
        "date": "2026-07-24",
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      },
      {
        "date": "2026-07-31",
        "close": 1202.300049,
        "volume": 1749120,
        "typical_volume": 1333957.4,
        "trend": 1066.370005,
        "fair_value": 1163.438688,
        "relative_strength": 10.385779,
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        "modifier": "Re-accelerating",
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      },
      {
        "date": "2026-08-07",
        "close": 1167.300049,
        "volume": 1540616,
        "typical_volume": 1320299.6,
        "trend": 1072.110008,
        "fair_value": 1161.870139,
        "relative_strength": 6.617047,
        "stage": 2,
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        "modifier": "Re-accelerating",
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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."
    }
  }
}