{ "ticker": { "uuid": "133897f9-46f2-4a72-affd-5dc4a9b0b194", "symbol": "SELMC", "name": "SEL Manufacturing Company 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": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -63.489, "architecture_energy": 54.128, "architecture_maturity": 10.504, "architecture_confidence": 92.089, "architecture_tenure": "New", "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": 16.06, "rotation_up": 14.19, "upward_expansion": 10.96, "deceleration": 39.44, "rotation_down": 66.12, "downward_expansion": 88.96 }, "activity_lines": [ 27.874667, 28.439273, 29.280762, 29.606581 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -1.0 }, "latest_close": 27.379999, "trend_reference": 29.803, "distance_from_trend": -0.081301, "trend_direction": "Weakening", "fair_value": 52.631539, "distance_from_fair_value": -0.47978, "fair_value_direction": "Improving", "relative_strength": -10.319097, "relative_strength_direction": "Weakening", "price_momentum": -0.095474, "excess_performance": -0.051765, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.081301, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.034074, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.47978, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.018593, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.103191, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.080638, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.095474, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.661552, "read": "Supply-led" } ], "volume": { "latest": 42557, "relative_activity": 1.359101, "balance": 0.661552, "dry_up": 0.83876, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.084986, "annualized_volatility": 0.293055, "from_high_reference": -0.368542, "from_low_reference": 0.053077 }, "levels": { "trend_reference": 29.803, "fair_value_reference": 52.631539, "structural_low": 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"energy": 42.31775, "activity_lines": [ 28.904001, 29.30891, 29.92762, 30.031957 ] }, { "date": "2026-07-24", "close": 28.24, "volume": 14364, "typical_volume": 36584.5, "trend": 29.922, "fair_value": 53.867244, "relative_strength": -4.742418, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -58.314838, "energy": 44.98428, "activity_lines": [ 28.618, 29.070728, 29.746048, 29.910043 ] }, { "date": "2026-07-31", "close": 27.700001, "volume": 28146, "typical_volume": 31799.3, "trend": 29.861667, "fair_value": 53.28968, "relative_strength": -8.750079, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.077046, "energy": 51.685931, "activity_lines": [ 28.252667, 28.76691, 29.523286, 29.766689 ] }, { "date": "2026-08-07", "close": 27.379999, "volume": 42557, "typical_volume": 31312.6, "trend": 29.803, "fair_value": 52.631539, "relative_strength": -10.319097, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.488796, "energy": 54.127975, "activity_lines": [ 27.874667, 28.439273, 29.280762, 29.606581 ] } ], "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." } } }