{
  "ticker": {
    "uuid": "abda12aa-78da-4f28-9a00-2ad99a8f1ba6",
    "symbol": "PCBL",
    "name": "PCBL Chemical 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": "1c",
    "phase_label": "Stage 1C \u00b7 Breakout watch",
    "transition": "stage_1_to_2_watch",
    "transition_label": "Stage 1 \u2192 2 watch",
    "confidence": 82.529,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 62.267,
    "architecture_energy": 38.963,
    "architecture_maturity": 27.241,
    "architecture_confidence": 84.349,
    "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": 19.69,
        "rotation_up": 56.33,
        "upward_expansion": 79.87,
        "deceleration": 59.94,
        "rotation_down": 20.08,
        "downward_expansion": 4.2
      },
      "activity_lines": [
        316.147375,
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        297.14565
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      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.833333
    },
    "latest_close": 321.899994,
    "trend_reference": 289.255436,
    "distance_from_trend": 0.112857,
    "trend_direction": "Weakening",
    "fair_value": 323.877029,
    "distance_from_fair_value": -0.006104,
    "fair_value_direction": "Improving",
    "relative_strength": 3.407988,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.186072,
    "excess_performance": 0.229781,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.112857,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.008541,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.006104,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.008039,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.03408,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.093562,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.186072,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.983939,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 7657297,
      "relative_activity": 0.631716,
      "balance": 1.983939,
      "dry_up": 1.487815,
      "accumulation_observations": 1,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.076647,
      "annualized_volatility": 0.360684,
      "from_high_reference": -0.231741,
      "from_low_reference": 0.421192
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    "levels": {
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      "fair_value_reference": 323.877029,
      "structural_low": 226.5,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
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        "horizon": "Near term",
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        "positive_rate": 0.428571,
        "directional_follow_through": 0.428571,
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        "worst_return": -0.185765,
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      },
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        "horizon": "Intermediate",
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        "horizon": "Extended",
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        "horizon": "Full cycle",
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      },
      {
        "date": "2026-04-17",
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      },
      {
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      },
      {
        "date": "2026-07-17",
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      },
      {
        "date": "2026-07-24",
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        "volume": 8104746,
        "typical_volume": 9745184.1,
        "trend": 287.588017,
        "fair_value": 321.710277,
        "relative_strength": 3.296061,
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        "direction": 58.767893,
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        "activity_lines": [
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      },
      {
        "date": "2026-07-31",
        "close": 313.522552,
        "volume": 50796817,
        "typical_volume": 12038152.9,
        "trend": 288.027102,
        "fair_value": 322.776721,
        "relative_strength": 1.170268,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 55.738319,
        "energy": 34.537719,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 321.899994,
        "volume": 7657297,
        "typical_volume": 12121432.6,
        "trend": 289.255436,
        "fair_value": 323.877029,
        "relative_strength": 3.407988,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.266714,
        "energy": 38.962766,
        "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."
    }
  }
}