{
  "ticker": {
    "uuid": "7d736175-2ab4-4b57-9c63-f4d9403b2c61",
    "symbol": "CEATLTD",
    "name": "CEAT 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": 55.592,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Upper balance after advance",
    "architecture_gate": "mixed",
    "architecture_direction": 14.362,
    "architecture_energy": 10.505,
    "architecture_maturity": 26.406,
    "architecture_confidence": 58.945,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "Directional pressure has compressed into balance.",
        "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base."
      },
      "scores": {
        "balance": 51.6,
        "rotation_up": 34.96,
        "upward_expansion": 23.78,
        "deceleration": 57.33,
        "rotation_down": 33.84,
        "downward_expansion": 33.44
      },
      "activity_lines": [
        3539.466716,
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        3473.612258,
        3484.95308
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.166667
    },
    "latest_close": 3723.100098,
    "trend_reference": 3535.972689,
    "distance_from_trend": 0.052921,
    "trend_direction": "Weakening",
    "fair_value": 3024.768538,
    "distance_from_fair_value": 0.230871,
    "fair_value_direction": "Improving",
    "relative_strength": 4.553613,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.051294,
    "excess_performance": -0.007585,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.052921,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.034537,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.230871,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.091314,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.045536,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.097226,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.051294,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.860631,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 690637,
      "relative_activity": 0.990739,
      "balance": 0.860631,
      "dry_up": 1.357144,
      "accumulation_observations": 1,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.057641,
      "annualized_volatility": 0.3263,
      "from_high_reference": -0.161086,
      "from_low_reference": 0.240827
    },
    "levels": {
      "trend_reference": 3535.972689,
      "fair_value_reference": 3024.768538,
      "structural_low": 3093.600098,
      "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": 14,
        "median_return": 0.030277,
        "positive_rate": 0.571429,
        "directional_follow_through": 0.571429,
        "median_excess_return": 0.018733,
        "regime_survival": 0.357143,
        "best_return": 0.329532,
        "worst_return": -0.113472,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
        "median_return": 0.098493,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": 0.078713,
        "regime_survival": 0.25,
        "best_return": 0.474164,
        "worst_return": -0.158548,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
        "median_return": 0.068661,
        "positive_rate": 0.833333,
        "directional_follow_through": 0.833333,
        "median_excess_return": 0.089356,
        "regime_survival": 0.166667,
        "best_return": 0.679129,
        "worst_return": -0.115912,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.273947,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.171185,
        "regime_survival": 0.333333,
        "best_return": 0.348033,
        "worst_return": -0.134773,
        "sufficient": false
      }
    ],
    "ledger": [
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        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-02-21",
        "end": "2025-03-07",
        "tenure": "New",
        "return": -0.049855,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-03-14",
        "end": "2025-04-04",
        "tenure": "New",
        "return": 0.08583,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2025-05-02",
        "tenure": "New",
        "return": 0.186231,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "end": "2025-07-04",
        "tenure": "Developing",
        "return": -0.041451,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2025-08-22",
        "tenure": "Developing",
        "return": -0.136688,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
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        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
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        "end": "2025-09-19",
        "tenure": "New",
        "return": 0.035301,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
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        "tenure": "New",
        "return": 0.097926,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
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        "tenure": "Developing",
        "return": -0.056509,
        "active": false
      },
      {
        "regime": "deceleration",
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        "color": "amber",
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        "end": "2026-03-13",
        "tenure": "Established",
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        "active": false
      },
      {
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        "return": -0.04783,
        "active": false
      },
      {
        "regime": "downward_expansion",
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        "active": false
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      {
        "regime": "rotation_up",
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        "active": false
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        "regime": "balance",
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        "active": true
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        "date": "2026-03-27",
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      {
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      },
      {
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      },
      {
        "date": "2026-07-24",
        "close": 3294.968018,
        "volume": 807867,
        "typical_volume": 740045.85,
        "trend": 3551.262687,
        "fair_value": 3008.933343,
        "relative_strength": -3.929837,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "down",
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        "energy": 22.746289,
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      },
      {
        "date": "2026-07-31",
        "close": 3434.0,
        "volume": 427510,
        "typical_volume": 694070.65,
        "trend": 3536.156022,
        "fair_value": 3015.489572,
        "relative_strength": -2.543671,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -24.873763,
        "energy": 12.877336,
        "activity_lines": [
          3487.202897,
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      },
      {
        "date": "2026-08-07",
        "close": 3723.100098,
        "volume": 690637,
        "typical_volume": 697093.0,
        "trend": 3535.972689,
        "fair_value": 3024.768538,
        "relative_strength": 4.553613,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
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        "energy": 10.505424,
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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."
    }
  }
}