{
  "ticker": {
    "uuid": "7752ff4b-a9ca-49be-91cc-90a0f51e7e11",
    "symbol": "BCLIND",
    "name": "BCL Industries 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": 1,
    "stage_name": "Basing",
    "phase": "1c",
    "phase_label": "Stage 1C \u00b7 Breakout watch",
    "transition": "stage_1_to_2_watch",
    "transition_label": "Stage 1 \u2192 2 watch",
    "confidence": 82.273,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 58.438,
    "architecture_energy": 35.838,
    "architecture_maturity": 33.033,
    "architecture_confidence": 92.515,
    "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": 19.27,
        "rotation_up": 53.84,
        "upward_expansion": 79.34,
        "deceleration": 56.89,
        "rotation_down": 20.93,
        "downward_expansion": 3.67
      },
      "activity_lines": [
        36.410668,
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        35.424763,
        34.097226
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.833333
    },
    "latest_close": 36.959999,
    "trend_reference": 32.336667,
    "distance_from_trend": 0.142975,
    "trend_direction": "Improving",
    "fair_value": 46.796364,
    "distance_from_fair_value": -0.210195,
    "fair_value_direction": "Improving",
    "relative_strength": 8.033123,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.318117,
    "excess_performance": 0.361826,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.142975,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.024285,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.210195,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.035071,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.080331,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.047631,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.318117,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 6.303902,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 3464125,
      "relative_activity": 0.498079,
      "balance": 6.303902,
      "dry_up": 3.281678,
      "accumulation_observations": 1,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.093011,
      "annualized_volatility": 0.383334,
      "from_high_reference": -0.179827,
      "from_low_reference": 0.447708
    },
    "levels": {
      "trend_reference": 32.336667,
      "fair_value_reference": 46.796364,
      "structural_low": 25.530001,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 15,
        "median_return": 0.061566,
        "positive_rate": 0.533333,
        "directional_follow_through": 0.533333,
        "median_excess_return": 0.039042,
        "regime_survival": 0.666667,
        "best_return": 0.163509,
        "worst_return": -0.314234,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 6,
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        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.024849,
        "regime_survival": 0.5,
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        "worst_return": -0.315224,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": -0.023685,
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        "worst_return": -0.270381,
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      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
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        "worst_return": -0.367912,
        "sufficient": false
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    ],
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        "regime": "deceleration",
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        "color": "amber",
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        "regime": "upward_expansion",
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      {
        "regime": "rotation_down",
        "label": "Rotation Down",
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        "active": false
      },
      {
        "regime": "deceleration",
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        "regime": "downward_expansion",
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        "regime": "balance",
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        "regime": "downward_expansion",
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        "tenure": "Established",
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      },
      {
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      },
      {
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 6882284.3,
        "trend": 31.979667,
        "fair_value": 46.898732,
        "relative_strength": 7.229412,
        "stage": 1,
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      },
      {
        "date": "2026-07-31",
        "close": 36.740002,
        "volume": 4061570,
        "typical_volume": 6932313.55,
        "trend": 32.113,
        "fair_value": 46.849891,
        "relative_strength": 7.840342,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.235258,
        "energy": 31.63696,
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        ]
      },
      {
        "date": "2026-08-07",
        "close": 36.959999,
        "volume": 3464125,
        "typical_volume": 6954967.7,
        "trend": 32.336667,
        "fair_value": 46.796364,
        "relative_strength": 8.033123,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.438461,
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        "activity_lines": [
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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."
    }
  }
}