{
  "ticker": {
    "uuid": "ff131745-bf69-4055-9b03-b94b31924863",
    "symbol": "BASML",
    "name": "Bannari Amman Spinning Mills Ltd",
    "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": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 59.153,
    "architecture_energy": 39.031,
    "architecture_maturity": 27.168,
    "architecture_confidence": 76.832,
    "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": 25.4,
        "rotation_up": 47.21,
        "upward_expansion": 75.95,
        "deceleration": 63.28,
        "rotation_down": 23.05,
        "downward_expansion": 4.95
      },
      "activity_lines": [
        26.666998,
        26.483346,
        25.677724,
        24.809291
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      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
    },
    "latest_close": 27.040001,
    "trend_reference": 24.046727,
    "distance_from_trend": 0.124477,
    "trend_direction": "Weakening",
    "fair_value": 39.256329,
    "distance_from_fair_value": -0.311194,
    "fair_value_direction": "Improving",
    "relative_strength": 6.822983,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.085072,
    "excess_performance": 0.128781,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.124477,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.014815,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.311194,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.069107,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.06823,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.102556,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.085072,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.053457,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 233191,
      "relative_activity": 0.517523,
      "balance": 2.053457,
      "dry_up": 0.750163,
      "accumulation_observations": 1,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.075767,
      "annualized_volatility": 0.41879,
      "from_high_reference": -0.152351,
      "from_low_reference": 0.585924
    },
    "levels": {
      "trend_reference": 24.046727,
      "fair_value_reference": 39.256329,
      "structural_low": 17.049999,
      "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",
        "sample_count": 16,
        "median_return": -0.036336,
        "positive_rate": 0.4375,
        "directional_follow_through": 0.4375,
        "median_excess_return": -0.044829,
        "regime_survival": 0.6875,
        "best_return": 0.338351,
        "worst_return": -0.209288,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 7,
        "median_return": -0.062797,
        "positive_rate": 0.142857,
        "directional_follow_through": 0.142857,
        "median_excess_return": -0.112784,
        "regime_survival": 0.428571,
        "best_return": 0.400493,
        "worst_return": -0.318266,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": -0.220645,
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        "directional_follow_through": 0.25,
        "median_excess_return": -0.255252,
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        "worst_return": -0.353494,
        "sufficient": false
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      {
        "horizon": "Full cycle",
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        "median_return": -0.182819,
        "positive_rate": 0.333333,
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        "best_return": 0.191825,
        "worst_return": -0.544744,
        "sufficient": false
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        "end": "2024-03-22",
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        "regime": "downward_expansion",
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        "end": "2025-01-17",
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        "regime": "downward_expansion",
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        "date": "2026-04-24",
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      },
      {
        "date": "2026-05-01",
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      },
      {
        "date": "2026-05-08",
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      },
      {
        "date": "2026-05-15",
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        "stage": 4,
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      },
      {
        "date": "2026-05-22",
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        "typical_volume": 702101.65,
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      },
      {
        "date": "2026-05-29",
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      },
      {
        "date": "2026-06-05",
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        "fair_value": 40.420485,
        "relative_strength": -1.948325,
        "stage": 1,
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      },
      {
        "date": "2026-06-12",
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        "stage": 1,
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      {
        "date": "2026-06-19",
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      },
      {
        "date": "2026-06-26",
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        "gate": "mixed",
        "direction": 49.282402,
        "energy": 48.075968,
        "activity_lines": [
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      },
      {
        "date": "2026-07-03",
        "close": 26.283348,
        "volume": 49883,
        "typical_volume": 579937.85,
        "trend": 24.022112,
        "fair_value": 39.886788,
        "relative_strength": 3.517081,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 33.769228,
        "energy": 48.988767,
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      },
      {
        "date": "2026-07-10",
        "close": 26.164462,
        "volume": 318515,
        "typical_volume": 576064.0,
        "trend": 23.965927,
        "fair_value": 39.748419,
        "relative_strength": 3.756878,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 59.275906,
        "energy": 61.178248,
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          26.347047,
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      },
      {
        "date": "2026-07-17",
        "close": 26.461673,
        "volume": 287778,
        "typical_volume": 573636.9,
        "trend": 23.949983,
        "fair_value": 39.625738,
        "relative_strength": 4.805999,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.373263,
        "energy": 60.899801,
        "activity_lines": [
          26.47375,
          25.955885,
          24.895231,
          24.278029
        ]
      },
      {
        "date": "2026-07-24",
        "close": 26.412138,
        "volume": 498147,
        "typical_volume": 569778.45,
        "trend": 23.936721,
        "fair_value": 39.505623,
        "relative_strength": 7.410075,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 55.071272,
        "energy": 39.835618,
        "activity_lines": [
          26.469831,
          26.125374,
          25.157246,
          24.436877
        ]
      },
      {
        "date": "2026-07-31",
        "close": 26.620187,
        "volume": 332949,
        "typical_volume": 536842.75,
        "trend": 23.95106,
        "fair_value": 39.383637,
        "relative_strength": 5.775241,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.522321,
        "energy": 37.433547,
        "activity_lines": [
          26.449785,
          26.288469,
          25.413495,
          24.610004
        ]
      },
      {
        "date": "2026-08-07",
        "close": 27.040001,
        "volume": 233191,
        "typical_volume": 450590.4,
        "trend": 24.046727,
        "fair_value": 39.256329,
        "relative_strength": 6.822983,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.152737,
        "energy": 39.030787,
        "activity_lines": [
          26.666998,
          26.483346,
          25.677724,
          24.809291
        ]
      }
    ],
    "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."
    }
  }
}