{
  "ticker": {
    "uuid": "7b9c75cb-101f-45db-9e48-9b4f21257e9c",
    "symbol": "BEPL",
    "name": "Bhansali Engineering Polymers 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": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 81.841,
    "architecture_energy": 88.963,
    "architecture_maturity": 44.0,
    "architecture_confidence": 81.356,
    "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": 0.87,
        "rotation_up": 85.42,
        "upward_expansion": 98.48,
        "deceleration": 39.14,
        "rotation_down": 8.61,
        "downward_expansion": 20.48
      },
      "activity_lines": [
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        100.764304
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 1.0
    },
    "latest_close": 123.57,
    "trend_reference": 94.756251,
    "distance_from_trend": 0.304083,
    "trend_direction": "Improving",
    "fair_value": 103.806517,
    "distance_from_fair_value": 0.190388,
    "fair_value_direction": "Improving",
    "relative_strength": 30.665186,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.460114,
    "excess_performance": 0.503823,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.304083,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.06578,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.190388,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.234031,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.306652,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.263112,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.460114,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 15.210859,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 10443694,
      "relative_activity": 0.76066,
      "balance": 15.210859,
      "dry_up": 4.354907,
      "accumulation_observations": 1,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.071797,
      "annualized_volatility": 0.320116,
      "from_high_reference": -0.100304,
      "from_low_reference": 0.665364
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    "levels": {
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      "fair_value_reference": 103.806517,
      "structural_low": 74.199997,
      "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": 20,
        "median_return": 0.012906,
        "positive_rate": 0.55,
        "directional_follow_through": 0.55,
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        "worst_return": -0.107391,
        "sufficient": true
      },
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        "horizon": "Intermediate",
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        "worst_return": -0.139337,
        "sufficient": true
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        "horizon": "Extended",
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        "regime": "balance",
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      },
      {
        "date": "2026-07-17",
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        "relative_strength": 20.837859,
        "stage": 2,
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        "modifier": "Established expansion",
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 12961795.35,
        "trend": 92.602873,
        "fair_value": 103.303747,
        "relative_strength": 33.763688,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 89.370177,
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      },
      {
        "date": "2026-07-31",
        "close": 116.519997,
        "volume": 11616143,
        "typical_volume": 13352859.5,
        "trend": 93.480341,
        "fair_value": 103.550665,
        "relative_strength": 24.557093,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.785076,
        "energy": 81.974621,
        "activity_lines": [
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        ]
      },
      {
        "date": "2026-08-07",
        "close": 123.57,
        "volume": 10443694,
        "typical_volume": 13729785.8,
        "trend": 94.756251,
        "fair_value": 103.806517,
        "relative_strength": 30.665186,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.841134,
        "energy": 88.962832,
        "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."
    }
  }
}