{ "ticker": { "uuid": "0c7634ea-658f-4ab4-a93e-b268484da091", "symbol": "RELIGARE", "name": "Religare Enterprises 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": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 65.467, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 22.965, "architecture_energy": 18.112, "architecture_maturity": 65.12, "architecture_confidence": 77.208, "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": 45.25, "rotation_up": 23.64, "upward_expansion": 62.38, "deceleration": 88.29, "rotation_down": 32.32, "downward_expansion": 17.04 }, "activity_lines": [ 248.729999, 253.848181, 246.642809, 240.58116 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 232.350006, "trend_reference": 235.113999, "distance_from_trend": -0.011756, "trend_direction": "Improving", "fair_value": 240.918077, "distance_from_fair_value": -0.035564, "fair_value_direction": "Improving", "relative_strength": -3.231033, "relative_strength_direction": "Improving", "price_momentum": -0.054412, "excess_performance": -0.010702, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.011756, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.009079, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.035564, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.015016, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.03231, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.008446, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.054412, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.672241, "read": "Supply-led" } ], "volume": { "latest": 8466441, "relative_activity": 1.63596, "balance": 0.672241, "dry_up": 0.87146, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.073983, "annualized_volatility": 0.315079, "from_high_reference": -0.166607, "from_low_reference": 0.182383 }, "levels": { "trend_reference": 235.113999, "fair_value_reference": 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261.795329, 257.51727, 245.692522, 239.660343 ] }, { "date": "2026-07-31", "close": 253.0, "volume": 3044878, "typical_volume": 5073106.0, "trend": 235.604332, "fair_value": 240.868398, "relative_strength": 5.968197, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.328284, "energy": 42.031355, "activity_lines": [ 257.989996, 257.675271, 247.230808, 240.791117 ] }, { "date": "2026-08-07", "close": 232.350006, "volume": 8466441, "typical_volume": 5175213.15, "trend": 235.113999, "fair_value": 240.918077, "relative_strength": -3.231033, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 22.965469, "energy": 18.1121, "activity_lines": [ 248.729999, 253.848181, 246.642809, 240.58116 ] } ], "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." } } }