{
  "ticker": {
    "uuid": "7b7dbf8d-4296-477a-bca5-172024d27e33",
    "symbol": "SHREECEM",
    "name": "Shree Cement 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": "1b",
    "phase_label": "Stage 1B \u00b7 Basing",
    "transition": "stage_1_building",
    "transition_label": "Base still building",
    "confidence": 63.375,
    "architecture_regime": "rotation_up",
    "architecture_regime_label": "Rotation Up",
    "architecture_modifier": "Emerging rotation",
    "architecture_gate": "mixed",
    "architecture_direction": 30.065,
    "architecture_energy": 30.747,
    "architecture_maturity": 11.824,
    "architecture_confidence": 45.634,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The Activity Line structure is rotating upward.",
        "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair."
      },
      "scores": {
        "balance": 34.05,
        "rotation_up": 51.75,
        "upward_expansion": 50.38,
        "deceleration": 35.24,
        "rotation_down": 25.51,
        "downward_expansion": 11.05
      },
      "activity_lines": [
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        25627.994457,
        25384.700832
      ],
      "activity_state": "Moderate",
      "activity_direction": "Stable",
      "rotation_direction": "Improving",
      "price_acceptance": 0.666667
    },
    "latest_close": 26010.0,
    "trend_reference": 25430.240169,
    "distance_from_trend": 0.022798,
    "trend_direction": "Weakening",
    "fair_value": 26747.982772,
    "distance_from_fair_value": -0.02759,
    "fair_value_direction": "Improving",
    "relative_strength": -1.289771,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.048299,
    "excess_performance": -0.004589,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.022798,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.010041,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.02759,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.017563,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.012898,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.039512,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.048299,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.47054,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 105628,
      "relative_activity": 1.110065,
      "balance": 0.47054,
      "dry_up": 1.12606,
      "accumulation_observations": 1,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.040767,
      "annualized_volatility": 0.23327,
      "from_high_reference": -0.182841,
      "from_low_reference": 0.153437
    },
    "levels": {
      "trend_reference": 25430.240169,
      "fair_value_reference": 26747.982772,
      "structural_low": 22550.0,
      "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": 6,
        "median_return": -0.042391,
        "positive_rate": 0.166667,
        "directional_follow_through": 0.166667,
        "median_excess_return": -0.045785,
        "regime_survival": 0.333333,
        "best_return": 0.005588,
        "worst_return": -0.103773,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 4,
        "median_return": 0.045255,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.011565,
        "regime_survival": 0.0,
        "best_return": 0.086618,
        "worst_return": -0.056357,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": 0.030333,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.025159,
        "regime_survival": 0.25,
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        "worst_return": -0.063508,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": -0.027121,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.148694,
        "regime_survival": 0.0,
        "best_return": 0.153697,
        "worst_return": -0.047839,
        "sufficient": false
      }
    ],
    "ledger": [
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        "regime": "balance",
        "label": "Balance",
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      {
        "regime": "rotation_up",
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        "tenure": "Developing",
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      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
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        "active": false
      },
      {
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        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
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        "tenure": "Developing",
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        "active": false
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        "active": false
      },
      {
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      {
        "regime": "balance",
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        "return": 0.117885,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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      {
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      },
      {
        "date": "2026-07-17",
        "close": 26515.0,
        "volume": 83605,
        "typical_volume": 102364.5,
        "trend": 25478.740169,
        "fair_value": 26701.056027,
        "relative_strength": 0.747573,
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        "direction": 37.912394,
        "energy": 60.218232,
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      },
      {
        "date": "2026-07-24",
        "close": 26740.0,
        "volume": 82944,
        "typical_volume": 100390.35,
        "trend": 25489.406836,
        "fair_value": 26719.895383,
        "relative_strength": 4.243562,
        "stage": 1,
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      },
      {
        "date": "2026-07-31",
        "close": 26210.0,
        "volume": 156423,
        "typical_volume": 96164.85,
        "trend": 25461.573503,
        "fair_value": 26734.219739,
        "relative_strength": -0.101422,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 34.452003,
        "energy": 53.983717,
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      },
      {
        "date": "2026-08-07",
        "close": 26010.0,
        "volume": 105628,
        "typical_volume": 95154.75,
        "trend": 25430.240169,
        "fair_value": 26747.982772,
        "relative_strength": -1.289771,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 30.064693,
        "energy": 30.746541,
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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."
    }
  }
}