{
  "ticker": {
    "uuid": "9f8f9058-d1e5-4d9c-b63d-77d03d19e704",
    "symbol": "BROOKS",
    "name": "Brooks 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": 4,
    "stage_name": "Declining",
    "phase": "4a",
    "phase_label": "Stage 4A \u00b7 Breakdown",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "rotation_up",
    "architecture_regime_label": "Rotation Up",
    "architecture_modifier": "Emerging rotation",
    "architecture_gate": "mixed",
    "architecture_direction": -7.94,
    "architecture_energy": 19.929,
    "architecture_maturity": 61.037,
    "architecture_confidence": 59.152,
    "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": 60.44,
        "rotation_up": 15.03,
        "upward_expansion": 27.79,
        "deceleration": 75.29,
        "rotation_down": 54.65,
        "downward_expansion": 27.12
      },
      "activity_lines": [
        63.033999,
        66.351818,
        64.595143,
        63.499161
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.166667
    },
    "latest_close": 60.009998,
    "trend_reference": 63.187666,
    "distance_from_trend": -0.050289,
    "trend_direction": "Weakening",
    "fair_value": 112.408846,
    "distance_from_fair_value": -0.466145,
    "fair_value_direction": "Improving",
    "relative_strength": -29.324077,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.015099,
    "excess_performance": 0.02861,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.050289,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.124877,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.466145,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.093338,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.293241,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.217319,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.015099,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.601404,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 92995,
      "relative_activity": 0.23081,
      "balance": 0.601404,
      "dry_up": 0.248095,
      "accumulation_observations": 0,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.102021,
      "annualized_volatility": 0.895247,
      "from_high_reference": -0.63413,
      "from_low_reference": 0.653168
    },
    "levels": {
      "trend_reference": 63.187666,
      "fair_value_reference": 112.408846,
      "structural_low": 36.299999,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 5,
        "median_return": -0.005288,
        "positive_rate": 0.4,
        "directional_follow_through": 0.4,
        "median_excess_return": -0.019351,
        "regime_survival": 0.4,
        "best_return": 0.263511,
        "worst_return": -0.210206,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 3,
        "median_return": 0.001502,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.038399,
        "regime_survival": 0.0,
        "best_return": 0.378928,
        "worst_return": -0.214437,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": -0.114243,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.032575,
        "regime_survival": 0.0,
        "best_return": 0.860034,
        "worst_return": -0.561437,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.025384,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.096754,
        "regime_survival": 0.0,
        "best_return": 0.032549,
        "worst_return": 0.01822,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-09-20",
        "end": "2024-10-25",
        "tenure": "Developing",
        "return": -0.089171,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-11-01",
        "end": "2024-12-13",
        "tenure": "Developing",
        "return": 0.060308,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-12-20",
        "end": "2025-02-07",
        "tenure": "Developing",
        "return": -0.025877,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-02-14",
        "end": "2025-02-28",
        "tenure": "New",
        "return": -0.270089,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-03-07",
        "end": "2025-03-14",
        "tenure": "New",
        "return": -0.120387,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-03-21",
        "end": "2025-05-02",
        "tenure": "Developing",
        "return": 0.104917,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-09",
        "end": "2025-07-11",
        "tenure": "Developing",
        "return": 0.157822,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-07-18",
        "end": "2025-08-01",
        "tenure": "New",
        "return": 0.007635,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-08-08",
        "end": "2025-09-26",
        "tenure": "Developing",
        "return": -0.120187,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-10-03",
        "end": "2025-10-10",
        "tenure": "New",
        "return": -0.077804,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-10-17",
        "end": "2025-10-31",
        "tenure": "New",
        "return": -0.093931,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-11-07",
        "end": "2026-06-05",
        "tenure": "Extended",
        "return": -0.38102,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-06-12",
        "end": "2026-06-26",
        "tenure": "New",
        "return": 0.105018,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
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        "tenure": "Developing",
        "return": -0.222769,
        "active": true
      }
    ],
    "chart_path": [
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        "date": "2023-08-18",
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        "typical_volume": 343854.05,
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      },
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        "date": "2026-04-24",
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        "typical_volume": 519272.45,
        "trend": 83.379999,
        "fair_value": 113.488531,
        "relative_strength": -34.953424,
        "stage": 4,
        "regime": "downward_expansion",
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      },
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        "date": "2026-05-01",
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      },
      {
        "date": "2026-05-08",
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      },
      {
        "date": "2026-05-15",
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      },
      {
        "date": "2026-05-22",
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      },
      {
        "date": "2026-05-29",
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        "typical_volume": 540630.05,
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        "relative_strength": -31.254757,
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      },
      {
        "date": "2026-06-05",
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        "typical_volume": 534010.55,
        "trend": 70.856666,
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        "direction": -27.092889,
        "energy": 16.594144,
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      },
      {
        "date": "2026-06-12",
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        "volume": 8912,
        "typical_volume": 528411.15,
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        "relative_strength": -28.514055,
        "stage": 4,
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      },
      {
        "date": "2026-06-19",
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      },
      {
        "date": "2026-06-26",
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        "volume": 0,
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        "trend": 67.366666,
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        "stage": 1,
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        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 33.093378,
        "energy": 35.46263,
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      },
      {
        "date": "2026-07-03",
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        "volume": 54020,
        "typical_volume": 445434.15,
        "trend": 66.679666,
        "fair_value": 113.17538,
        "relative_strength": -16.201033,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 40.806683,
        "energy": 59.165542,
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      },
      {
        "date": "2026-07-10",
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        "volume": 178006,
        "typical_volume": 441199.9,
        "trend": 65.759666,
        "fair_value": 113.105002,
        "relative_strength": -22.116006,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 35.624873,
        "energy": 59.59246,
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          72.107334,
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      },
      {
        "date": "2026-07-17",
        "close": 69.459999,
        "volume": 102073,
        "typical_volume": 439363.8,
        "trend": 64.945333,
        "fair_value": 113.022628,
        "relative_strength": -22.245953,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 34.254523,
        "energy": 56.642317,
        "activity_lines": [
          71.631334,
          69.211455,
          64.683,
          63.999806
        ]
      },
      {
        "date": "2026-07-24",
        "close": 64.059998,
        "volume": 100398,
        "typical_volume": 430152.6,
        "trend": 64.203666,
        "fair_value": 112.872051,
        "relative_strength": -25.237703,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 27.884099,
        "energy": 26.920202,
        "activity_lines": [
          69.162,
          68.945818,
          64.894238,
          63.942688
        ]
      },
      {
        "date": "2026-07-31",
        "close": 60.98,
        "volume": 104370,
        "typical_volume": 420019.0,
        "trend": 63.661,
        "fair_value": 112.664872,
        "relative_strength": -29.159943,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 23.197442,
        "energy": 17.357167,
        "activity_lines": [
          65.840666,
          67.802909,
          64.797571,
          63.73471
        ]
      },
      {
        "date": "2026-08-07",
        "close": 60.009998,
        "volume": 92995,
        "typical_volume": 402906.5,
        "trend": 63.187666,
        "fair_value": 112.408846,
        "relative_strength": -29.324077,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": -7.939718,
        "energy": 19.92888,
        "activity_lines": [
          63.033999,
          66.351818,
          64.595143,
          63.499161
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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."
    }
  }
}