{ "ticker": { "uuid": "0dfedf77-1abe-47fa-883a-b33990131891", "symbol": "BRITANNIA", "name": "Britannia 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": 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": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -12.545, "architecture_energy": 17.599, "architecture_maturity": 93.051, "architecture_confidence": 58.903, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 57.12, "rotation_up": 36.9, "upward_expansion": 20.39, "deceleration": 43.89, "rotation_down": 15.28, "downward_expansion": 52.05 }, "activity_lines": [ 5400.207064, 5329.708452, 5339.802869, 5427.581162 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.166667 }, "latest_close": 5510.0, "trend_reference": 5562.670459, "distance_from_trend": -0.009469, "trend_direction": "Weakening", "fair_value": 5295.728462, "distance_from_fair_value": 0.040461, "fair_value_direction": "Weakening", "relative_strength": -2.899591, "relative_strength_direction": "Weakening", "price_momentum": -0.06784, "excess_performance": -0.024131, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.009469, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.039506, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.040461, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.011018, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.028996, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.015331, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.06784, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.684437, "read": "Supply-led" } ], "volume": { "latest": 2567669, "relative_activity": 1.693808, "balance": 0.684437, "dry_up": 1.032756, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.031747, "annualized_volatility": 0.136466, "from_high_reference": -0.130366, "from_low_reference": 0.086571 }, "levels": { "trend_reference": 5562.670459, "fair_value_reference": 5295.728462, "structural_low": 5071.0, "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": 13, "median_return": 0.017561, "positive_rate": 0.615385, "directional_follow_through": 0.384615, "median_excess_return": 0.019035, "regime_survival": 0.769231, "best_return": 0.131539, "worst_return": -0.069627, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.079436, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.016267, "regime_survival": 0.5, "best_return": 0.160573, "worst_return": -0.071364, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.053261, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.060043, "regime_survival": 0.0, "best_return": 0.189204, "worst_return": 0.04517, "sufficient": false }, { 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5578.253792, "fair_value": 5288.579449, "relative_strength": -3.789912, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.342796, "energy": 21.150409, "activity_lines": [ 5336.067318, 5281.065066, 5329.289125, 5431.984632 ] }, { "date": "2026-08-07", "close": 5510.0, "volume": 2567669, "typical_volume": 1515915.0, "trend": 5562.670459, "fair_value": 5295.728462, "relative_strength": -2.899591, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.544886, "energy": 17.599163, "activity_lines": [ 5400.207064, 5329.708452, 5339.802869, 5427.581162 ] } ], "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." } } }