{
  "ticker": {
    "uuid": "9c5c78d5-7759-40ff-a0d6-0809ff01460f",
    "symbol": "IPCALAB",
    "name": "Ipca Laboratories 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": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "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": 59.017,
    "architecture_energy": 46.803,
    "architecture_maturity": 74.81,
    "architecture_confidence": 75.695,
    "architecture_tenure": "Extended",
    "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": 14.93,
        "rotation_up": 57.4,
        "upward_expansion": 77.24,
        "deceleration": 65.65,
        "rotation_down": 17.36,
        "downward_expansion": 6.24
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      "activity_lines": [
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      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.5
    },
    "latest_close": 1735.800049,
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    "distance_from_trend": 0.098514,
    "trend_direction": "Improving",
    "fair_value": 1364.324359,
    "distance_from_fair_value": 0.272278,
    "fair_value_direction": "Improving",
    "relative_strength": 16.242481,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.225242,
    "excess_performance": 0.268951,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.098514,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.059119,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.272278,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.066923,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.162425,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.043813,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.225242,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.178943,
        "read": "Demand-led"
      }
    ],
    "volume": {
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      "balance": 1.178943,
      "dry_up": 1.208822,
      "accumulation_observations": 2,
      "distribution_observations": 3
    },
    "risk": {
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      "annualized_volatility": 0.298028,
      "from_high_reference": -0.104413,
      "from_low_reference": 0.386865
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      "fair_value_reference": 1364.324359,
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      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
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      {
        "date": "2026-07-31",
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      },
      {
        "date": "2026-08-07",
        "close": 1735.800049,
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        "trend": 1580.134853,
        "fair_value": 1364.324359,
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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."
    }
  }
}