{ "ticker": { "uuid": "132a8fdc-9a86-400e-b6a6-740f9df3869c", "symbol": "RELIANCE", "name": "Reliance 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": -38.238, "architecture_energy": 21.293, "architecture_maturity": 61.875, "architecture_confidence": 71.332, "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": 48.98, "rotation_up": 23.62, "upward_expansion": 13.13, "deceleration": 43.69, "rotation_down": 36.38, "downward_expansion": 63.13 }, "activity_lines": [ 1313.426693, 1310.496378, 1320.80038, 1334.825683 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.5 }, "latest_close": 1334.800049, "trend_reference": 1356.207324, "distance_from_trend": -0.015785, "trend_direction": "Weakening", "fair_value": 1361.508907, "distance_from_fair_value": -0.019617, "fair_value_direction": "Weakening", "relative_strength": -3.828761, "relative_strength_direction": "Weakening", "price_momentum": -0.075702, "excess_performance": -0.031993, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.015785, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.052578, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.019617, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.077228, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.038288, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.072146, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.075702, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.425264, "read": "Demand-led" } ], "volume": { "latest": 73316286, "relative_activity": 1.166237, "balance": 1.425264, "dry_up": 0.981583, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.037777, "annualized_volatility": 0.197177, "from_high_reference": -0.168029, "from_low_reference": 0.068011 }, "levels": { "trend_reference": 1356.207324, "fair_value_reference": 1361.508907, "structural_low": 1249.800049, "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": 16, "median_return": 0.00679, "positive_rate": 0.5625, "directional_follow_through": 0.4375, "median_excess_return": -0.001242, "regime_survival": 0.8125, "best_return": 0.080519, "worst_return": -0.065343, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.042983, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": 0.002392, "regime_survival": 0.4, "best_return": 0.06321, "worst_return": -0.061415, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.020672, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.040368, "regime_survival": 0.333333, "best_return": 0.076362, "worst_return": -0.037371, 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"date": "2026-08-07", "close": 1334.800049, "volume": 73316286, "typical_volume": 62865676.2, "trend": 1356.207324, "fair_value": 1361.508907, "relative_strength": -3.828761, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.238039, "energy": 21.292596, "activity_lines": [ 1313.426693, 1310.496378, 1320.80038, 1334.825683 ] } ], "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." } } }