{
  "ticker": {
    "uuid": "ef01bf64-c3bd-4202-99a7-654b3da715f2",
    "symbol": "BWLPG",
    "name": "BW LPG Limited",
    "exchange": "OSL",
    "country": "NO",
    "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": "OSEBX.OL",
    "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": 62.023,
    "architecture_energy": 69.434,
    "architecture_maturity": 16.974,
    "architecture_confidence": 88.456,
    "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": 20.02,
        "rotation_up": 70.01,
        "upward_expansion": 88.62,
        "deceleration": 45.92,
        "rotation_down": 11.19,
        "downward_expansion": 15.28
      },
      "activity_lines": [
        206.293335,
        199.063092,
        193.604611,
        186.435481
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.666667
    },
    "latest_close": 205.0,
    "trend_reference": 176.392491,
    "distance_from_trend": 0.162181,
    "trend_direction": "Improving",
    "fair_value": 145.783676,
    "distance_from_fair_value": 0.406193,
    "fair_value_direction": "Improving",
    "relative_strength": 15.613369,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.297554,
    "excess_performance": 0.17256,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.162181,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.146828,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.406193,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.050128,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.156134,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.003178,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.297554,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.598601,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 1758823,
      "relative_activity": 1.27654,
      "balance": 2.598601,
      "dry_up": 1.194305,
      "accumulation_observations": 3,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.073543,
      "annualized_volatility": 0.524277,
      "from_high_reference": -0.057038,
      "from_low_reference": 0.75267
    },
    "levels": {
      "trend_reference": 176.392491,
      "fair_value_reference": 145.783676,
      "structural_low": 127.599998,
      "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": 26,
        "median_return": -0.007081,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.025243,
        "regime_survival": 0.653846,
        "best_return": 0.307067,
        "worst_return": -0.203632,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 11,
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        "positive_rate": 0.636364,
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        "regime_survival": 0.727273,
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        "worst_return": -0.236566,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
        "median_return": 0.134662,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
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        "regime_survival": 0.5,
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        "worst_return": -0.370338,
        "sufficient": true
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      {
        "horizon": "Full cycle",
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        "worst_return": -0.433713,
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      {
        "regime": "balance",
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      {
        "regime": "rotation_up",
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        "active": false
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        "date": "2026-06-26",
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      },
      {
        "date": "2026-07-03",
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      },
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      },
      {
        "date": "2026-07-17",
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        "typical_volume": 1793645.2,
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        "fair_value": 143.793812,
        "relative_strength": 15.685737,
        "stage": 2,
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        "activity_lines": [
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        ]
      },
      {
        "date": "2026-07-24",
        "close": 210.600006,
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        "typical_volume": 1668467.1,
        "trend": 171.148814,
        "fair_value": 144.495268,
        "relative_strength": 20.659774,
        "stage": 2,
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        "modifier": "Re-acceleration watch",
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        "direction": 76.448505,
        "energy": 52.360333,
        "activity_lines": [
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        ]
      },
      {
        "date": "2026-07-31",
        "close": 213.800003,
        "volume": 1274643,
        "typical_volume": 1504986.15,
        "trend": 174.035197,
        "fair_value": 145.190315,
        "relative_strength": 21.254115,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.693448,
        "energy": 74.201902,
        "activity_lines": [
          204.513335,
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      },
      {
        "date": "2026-08-07",
        "close": 205.0,
        "volume": 1758823,
        "typical_volume": 1377805.05,
        "trend": 176.392491,
        "fair_value": 145.783676,
        "relative_strength": 15.613369,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.022952,
        "energy": 69.43357,
        "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."
    }
  }
}