{ "ticker": { "uuid": "13f99c67-a1da-41af-8f38-43c64f02636b", "symbol": "INDIAMART", "name": "IndiaMART InterMESH 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": -76.325, "architecture_energy": 78.839, "architecture_maturity": 81.817, "architecture_confidence": 81.952, "architecture_tenure": "Extended", "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": 8.5, "rotation_up": 9.53, "upward_expansion": 17.31, "deceleration": 37.22, "rotation_down": 80.88, "downward_expansion": 95.31 }, "activity_lines": [ 1799.873348, 1856.213876, 1912.205448, 1946.290894 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -1.0 }, "latest_close": 1755.0, "trend_reference": 2000.495337, "distance_from_trend": -0.122717, "trend_direction": "Weakening", "fair_value": 2344.552631, "distance_from_fair_value": -0.251456, "fair_value_direction": "Weakening", "relative_strength": -17.216841, "relative_strength_direction": "Weakening", "price_momentum": -0.193316, "excess_performance": -0.149607, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.122717, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.051116, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.251456, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.093134, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.172168, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.099897, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.193316, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.519062, "read": "Supply-led" } ], "volume": { "latest": 576749, "relative_activity": 1.279193, "balance": 0.519062, "dry_up": 1.722383, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.05815, "annualized_volatility": 0.248527, "from_high_reference": -0.327493, "from_low_reference": 0.014451 }, "levels": { "trend_reference": 2000.495337, "fair_value_reference": 2344.552631, "structural_low": 1730.0, "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": 28, "median_return": -0.022416, "positive_rate": 0.428571, "directional_follow_through": 0.571429, "median_excess_return": -0.027626, "regime_survival": 0.857143, "best_return": 0.108895, "worst_return": -0.238575, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": -0.049083, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": -0.03888, "regime_survival": 0.6, "best_return": 0.232876, "worst_return": -0.261905, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.054463, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.100996, "regime_survival": 0.5, "best_return": 0.110803, "worst_return": -0.414192, "sufficient": true }, 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1885.868106, 1931.482907, 1962.839375 ] }, { "date": "2026-08-07", "close": 1755.0, "volume": 576749, "typical_volume": 450869.35, "trend": 2000.495337, "fair_value": 2344.552631, "relative_strength": -17.216841, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.325005, "energy": 78.839384, "activity_lines": [ 1799.873348, 1856.213876, 1912.205448, 1946.290894 ] } ], "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." } } }