{
  "ticker": {
    "uuid": "bd0f91e9-dfec-443c-bbec-3278723fc7f4",
    "symbol": "KANORICHEM",
    "name": "Kanoria Chemicals & Industries 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": "2c",
    "phase_label": "Stage 2C \u00b7 Late advance",
    "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": 69.578,
    "architecture_energy": 66.906,
    "architecture_maturity": 61.966,
    "architecture_confidence": 84.516,
    "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": 4.2,
        "rotation_up": 72.38,
        "upward_expansion": 87.67,
        "deceleration": 64.62,
        "rotation_down": 15.7,
        "downward_expansion": 12.0
      },
      "activity_lines": [
        148.194002,
        140.705456,
        122.418572,
        109.163011
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.833333
    },
    "latest_close": 149.690002,
    "trend_reference": 94.208667,
    "distance_from_trend": 0.58892,
    "trend_direction": "Improving",
    "fair_value": 106.422436,
    "distance_from_fair_value": 0.406564,
    "fair_value_direction": "Improving",
    "relative_strength": 70.897078,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.971161,
    "excess_performance": 1.014871,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.58892,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.240567,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.406564,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.506357,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.708971,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.485056,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.971161,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 5.63908,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 103488,
      "relative_activity": 0.767649,
      "balance": 5.63908,
      "dry_up": 1.321353,
      "accumulation_observations": 4,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.107294,
      "annualized_volatility": 0.598962,
      "from_high_reference": -0.090583,
      "from_low_reference": 1.673036
    },
    "levels": {
      "trend_reference": 94.208667,
      "fair_value_reference": 106.422436,
      "structural_low": 56.0,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 14,
        "median_return": -0.061859,
        "positive_rate": 0.428571,
        "directional_follow_through": 0.428571,
        "median_excess_return": -0.041578,
        "regime_survival": 0.571429,
        "best_return": 0.385516,
        "worst_return": -0.180828,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 6,
        "median_return": -0.1639,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.149135,
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        "best_return": 0.261519,
        "worst_return": -0.265548,
        "sufficient": true
      },
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        "horizon": "Extended",
        "sample_count": 4,
        "median_return": -0.209193,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
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        "regime_survival": 0.0,
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        "worst_return": -0.422958,
        "sufficient": false
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      {
        "horizon": "Full cycle",
        "sample_count": 4,
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        "best_return": 0.14725,
        "worst_return": -0.444146,
        "sufficient": false
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        "start": "2024-03-22",
        "end": "2024-06-21",
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        "regime": "balance",
        "label": "Balance",
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      },
      {
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      },
      {
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 117144.6,
        "trend": 86.651667,
        "fair_value": 105.793782,
        "relative_strength": 70.58362,
        "stage": 2,
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        "gate": "up",
        "direction": 79.155237,
        "energy": 91.891063,
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          107.168191,
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      },
      {
        "date": "2026-07-24",
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        "volume": 306833,
        "typical_volume": 130747.8,
        "trend": 89.450667,
        "fair_value": 106.060449,
        "relative_strength": 95.899976,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.119993,
        "energy": 94.100753,
        "activity_lines": [
          145.900667,
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      },
      {
        "date": "2026-07-31",
        "close": 142.380005,
        "volume": 158985,
        "typical_volume": 134594.85,
        "trend": 91.619001,
        "fair_value": 106.169616,
        "relative_strength": 66.066301,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.60343,
        "energy": 66.833599,
        "activity_lines": [
          146.172668,
          136.380365,
          117.897429,
          105.416495
        ]
      },
      {
        "date": "2026-08-07",
        "close": 149.690002,
        "volume": 103488,
        "typical_volume": 134811.6,
        "trend": 94.208667,
        "fair_value": 106.422436,
        "relative_strength": 70.897078,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.57834,
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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."
    }
  }
}