{ "ticker": { "uuid": "19edd67e-e219-408e-b978-e2f6d2334ea6", "symbol": "TECHNOE", "name": "Techno Electric & Engineering 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": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -31.1, "architecture_energy": 44.613, "architecture_maturity": 5.919, "architecture_confidence": 59.684, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 32.86, "rotation_up": 22.06, "upward_expansion": 17.1, "deceleration": 46.12, "rotation_down": 56.58, "downward_expansion": 56.43 }, "activity_lines": [ 1023.083321, 1037.258173, 1084.372848, 1096.397843 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 1066.25, "trend_reference": 1092.45333, "distance_from_trend": -0.023986, "trend_direction": "Weakening", "fair_value": 1136.735337, "distance_from_fair_value": -0.062007, "fair_value_direction": "Weakening", "relative_strength": -8.506688, "relative_strength_direction": "Weakening", "price_momentum": 0.029447, "excess_performance": 0.073156, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.023986, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.028434, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.062007, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.225924, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.085067, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.112829, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.029447, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.495414, "read": "Supply-led" } ], "volume": { "latest": 1440525, "relative_activity": 1.209829, "balance": 0.495414, "dry_up": 0.674032, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.077886, "annualized_volatility": 0.461573, "from_high_reference": -0.318828, "from_low_reference": 0.225575 }, "levels": { "trend_reference": 1092.45333, "fair_value_reference": 1136.735337, "structural_low": 958.099976, "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": 2, "median_return": -0.06637, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.110078, "regime_survival": 0.0, "best_return": -0.046469, "worst_return": -0.086271, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 2, "median_return": -0.198584, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.200396, "regime_survival": 0.0, "best_return": -0.135929, "worst_return": -0.261239, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": -0.084039, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.049115, "regime_survival": 0.0, "best_return": -0.027178, "worst_return": -0.140899, "sufficient": false }, { "horizon": "Full cycle", 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"fair_value": 1126.195843, "relative_strength": -12.046484, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -24.003964, "energy": 25.368532, "activity_lines": [ 1058.013322, 1070.850899, 1114.560467, 1112.202038 ] }, { "date": "2026-07-24", "close": 991.799988, "volume": 603061, "typical_volume": 1199696.95, "trend": 1094.851666, "fair_value": 1129.478044, "relative_strength": -13.080475, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -40.476191, "energy": 40.847867, "activity_lines": [ 1033.113318, 1051.216353, 1101.922848, 1105.351822 ] }, { "date": "2026-07-31", "close": 980.299988, "volume": 642803, "typical_volume": 1183780.2, "trend": 1090.484998, "fair_value": 1132.860836, "relative_strength": -15.678067, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.156925, "energy": 55.996663, "activity_lines": [ 1010.213318, 1033.203626, 1088.801895, 1097.961391 ] }, { "date": "2026-08-07", "close": 1066.25, "volume": 1440525, "typical_volume": 1190685.1, "trend": 1092.45333, "fair_value": 1136.735337, "relative_strength": -8.506688, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.100228, "energy": 44.612709, "activity_lines": [ 1023.083321, 1037.258173, 1084.372848, 1096.397843 ] } ], "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." } } }