{ "ticker": { "uuid": "12e1ba27-fb46-4efb-82ad-64cd697a6296", "symbol": "M&M", "name": "Mahindra & Mahindra 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": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 83.429, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Structural repair", "architecture_gate": "mixed", "architecture_direction": 59.589, "architecture_energy": 72.068, "architecture_maturity": 8.943, "architecture_confidence": 70.962, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 21.43, "rotation_up": 75.17, "upward_expansion": 61.9, "deceleration": 23.89, "rotation_down": 16.16, "downward_expansion": 22.56 }, "activity_lines": [ 3338.399967, 3243.081969, 3172.249862, 3172.065818 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 3502.0, "trend_reference": 3222.35411, "distance_from_trend": 0.086783, "trend_direction": "Weakening", "fair_value": 2749.950209, "distance_from_fair_value": 0.273478, "fair_value_direction": "Improving", "relative_strength": 4.762556, "relative_strength_direction": "Improving", "price_momentum": -0.021241, "excess_performance": 0.022468, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.086783, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.051783, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.273478, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.008118, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.047626, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.033406, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.021241, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.705135, "read": "Supply-led" } ], "volume": { "latest": 11546750, "relative_activity": 1.064646, "balance": 0.705135, "dry_up": 1.175547, "accumulation_observations": 2, "distribution_observations": 4 }, "risk": { "range_context": 0.036558, "annualized_volatility": 0.307253, "from_high_reference": -0.087997, "from_low_reference": 0.209254 }, "levels": { "trend_reference": 3222.35411, "fair_value_reference": 2749.950209, "structural_low": 2896.0, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 6, "median_return": 0.04517, "positive_rate": 0.833333, "directional_follow_through": 0.833333, "median_excess_return": 0.047433, "regime_survival": 0.333333, "best_return": 0.125098, "worst_return": -0.005639, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": 0.168923, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.14427, "regime_survival": 0.0, "best_return": 0.275745, "worst_return": -0.055593, "sufficient": false }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.239545, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.168328, "regime_survival": 0.0, "best_return": 0.437014, "worst_return": -0.02324, "sufficient": false }, { 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"fair_value": 2749.950209, "relative_strength": 4.762556, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 59.588765, "energy": 72.068028, "activity_lines": [ 3338.399967, 3243.081969, 3172.249862, 3172.065818 ] } ], "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." } } }