{
  "ticker": {
    "uuid": "ec561485-dab2-4706-8bed-d88ab075f99e",
    "symbol": "BIRLACORPN",
    "name": "Birla Corporation 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": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Balance after decline",
    "architecture_gate": "down",
    "architecture_direction": -48.284,
    "architecture_energy": 41.93,
    "architecture_maturity": 28.062,
    "architecture_confidence": 74.476,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "Directional pressure has compressed into balance.",
        "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base."
      },
      "scores": {
        "balance": 44.41,
        "rotation_up": 10.72,
        "upward_expansion": 16.23,
        "deceleration": 44.8,
        "rotation_down": 62.36,
        "downward_expansion": 75.23
      },
      "activity_lines": [
        930.713823,
        949.707536,
        960.633291,
        954.739931
      ],
      "activity_state": "Compressed",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.5
    },
    "latest_close": 914.349976,
    "trend_reference": 963.264587,
    "distance_from_trend": -0.05078,
    "trend_direction": "Weakening",
    "fair_value": 1221.234446,
    "distance_from_fair_value": -0.25129,
    "fair_value_direction": "Weakening",
    "relative_strength": -12.460064,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.151966,
    "excess_performance": -0.108257,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.05078,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.049854,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.25129,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.056261,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.124601,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.021403,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.151966,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.320691,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 357557,
      "relative_activity": 0.786894,
      "balance": 1.320691,
      "dry_up": 1.631635,
      "accumulation_observations": 2,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.062745,
      "annualized_volatility": 0.384412,
      "from_high_reference": -0.320741,
      "from_low_reference": 0.188085
    },
    "levels": {
      "trend_reference": 963.264587,
      "fair_value_reference": 1221.234446,
      "structural_low": 769.599976,
      "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": 17,
        "median_return": -0.000863,
        "positive_rate": 0.470588,
        "directional_follow_through": 0.470588,
        "median_excess_return": -0.016863,
        "regime_survival": 0.529412,
        "best_return": 0.284486,
        "worst_return": -0.233145,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 7,
        "median_return": -0.046554,
        "positive_rate": 0.285714,
        "directional_follow_through": 0.285714,
        "median_excess_return": -0.061078,
        "regime_survival": 0.142857,
        "best_return": 0.253839,
        "worst_return": -0.171571,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": -0.090277,
        "positive_rate": 0.4,
        "directional_follow_through": 0.4,
        "median_excess_return": -0.100737,
        "regime_survival": 0.0,
        "best_return": 0.324825,
        "worst_return": -0.380632,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": -0.060335,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.133881,
        "regime_survival": 0.333333,
        "best_return": 0.44377,
        "worst_return": -0.284681,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-03-22",
        "end": "2024-05-31",
        "tenure": "Developing",
        "return": -0.026573,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-06-07",
        "end": "2024-07-05",
        "tenure": "Developing",
        "return": 0.079005,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-07-12",
        "end": "2024-08-02",
        "tenure": "New",
        "return": -0.054291,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-08-09",
        "end": "2024-08-16",
        "tenure": "New",
        "return": -0.057139,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-08-23",
        "end": "2024-12-27",
        "tenure": "Established",
        "return": -0.060512,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-01-03",
        "end": "2025-01-24",
        "tenure": "New",
        "return": -0.050351,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-01-31",
        "end": "2025-04-25",
        "tenure": "Established",
        "return": -0.071006,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-02",
        "end": "2025-05-09",
        "tenure": "New",
        "return": -0.011776,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-05-16",
        "end": "2025-06-06",
        "tenure": "New",
        "return": -0.004046,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "end": "2025-08-08",
        "tenure": "Developing",
        "return": -0.079033,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
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        "end": "2025-10-17",
        "tenure": "Developing",
        "return": -0.060687,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-10-24",
        "end": "2025-11-07",
        "tenure": "New",
        "return": 0.041324,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-11-14",
        "end": "2026-05-15",
        "tenure": "Extended",
        "return": -0.134243,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2026-08-07",
        "tenure": "Developing",
        "return": -0.091194,
        "active": true
      }
    ],
    "chart_path": [
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      },
      {
        "date": "2026-07-24",
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      },
      {
        "date": "2026-07-31",
        "close": 890.5,
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        "trend": 968.002922,
        "fair_value": 1222.580933,
        "relative_strength": -14.617082,
        "stage": 4,
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        "modifier": "Balance after decline",
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        "energy": 29.223832,
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      },
      {
        "date": "2026-08-07",
        "close": 914.349976,
        "volume": 357557,
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        "trend": 963.264587,
        "fair_value": 1221.234446,
        "relative_strength": -12.460064,
        "stage": 4,
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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."
    }
  }
}