{
  "ticker": {
    "uuid": "acc31f97-14c9-48d9-a5fe-cd366ebae963",
    "symbol": "BWLP",
    "name": "BW LPG Limited",
    "exchange": "NYSE",
    "country": "US",
    "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": "SPY",
    "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": "Re-accelerating",
    "architecture_gate": "up",
    "architecture_direction": 65.518,
    "architecture_energy": 74.439,
    "architecture_maturity": 22.826,
    "architecture_confidence": 86.577,
    "architecture_tenure": "New",
    "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": 16.52,
        "rotation_up": 75.3,
        "upward_expansion": 92.45,
        "deceleration": 42.44,
        "rotation_down": 10.22,
        "downward_expansion": 16.78
      },
      "activity_lines": [
        21.66,
        20.620693,
        19.890187,
        18.955185
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.833333
    },
    "latest_close": 21.75,
    "trend_reference": 17.606625,
    "distance_from_trend": 0.23533,
    "trend_direction": "Improving",
    "fair_value": 11.573288,
    "distance_from_fair_value": 0.879328,
    "fair_value_direction": "Improving",
    "relative_strength": 28.114681,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.451092,
    "excess_performance": 0.325467,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.23533,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.197591,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.879328,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.017242,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.281147,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.046014,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.451092,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.36435,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 1580301,
      "relative_activity": 0.785729,
      "balance": 2.36435,
      "dry_up": 0.778047,
      "accumulation_observations": 4,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.085989,
      "annualized_volatility": 0.556789,
      "from_high_reference": -0.041428,
      "from_low_reference": 1.115071
    },
    "levels": {
      "trend_reference": 17.606625,
      "fair_value_reference": 11.573288,
      "structural_low": 12.623804,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 36,
        "median_return": 0.052034,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.062786,
        "regime_survival": 0.833333,
        "best_return": 0.655767,
        "worst_return": -0.180858,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 12,
        "median_return": 0.229882,
        "positive_rate": 0.833333,
        "directional_follow_through": 0.833333,
        "median_excess_return": 0.150296,
        "regime_survival": 0.75,
        "best_return": 0.913989,
        "worst_return": -0.233657,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
        "median_return": 0.358195,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.269402,
        "regime_survival": 0.5,
        "best_return": 2.374505,
        "worst_return": 0.056785,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": 0.766936,
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        "median_excess_return": 0.520724,
        "regime_survival": 0.25,
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        "worst_return": -0.110126,
        "sufficient": false
      }
    ],
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        "color": "red",
        "start": "2024-11-08",
        "end": "2025-01-31",
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        "return": 0.035019,
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        "regime": "balance",
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        "tenure": "Developing",
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      {
        "regime": "downward_expansion",
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      {
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        "regime": "deceleration",
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        "end": "2025-12-05",
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        "regime": "rotation_down",
        "label": "Rotation Down",
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        "active": false
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      },
      {
        "date": "2026-07-24",
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      },
      {
        "date": "2026-07-31",
        "close": 22.56,
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        "typical_volume": 2060278.25,
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        "fair_value": 11.468834,
        "relative_strength": 38.503204,
        "stage": 2,
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        "modifier": "Re-accelerating",
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        "direction": 78.630168,
        "energy": 76.832557,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 21.75,
        "volume": 1580301,
        "typical_volume": 2011255.1,
        "trend": 17.606625,
        "fair_value": 11.573288,
        "relative_strength": 28.114681,
        "stage": 2,
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        "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."
    }
  }
}