{ "ticker": { "uuid": "245fec20-fcad-42e5-ab57-4704b7f60da4", "symbol": "SMSPHARMA", "name": "SMS Pharmaceuticals 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": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 57.077, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "up", "architecture_direction": 8.757, "architecture_energy": 11.88, "architecture_maturity": 22.563, "architecture_confidence": 64.95, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 54.9, "rotation_up": 25.6, "upward_expansion": 44.59, "deceleration": 74.58, "rotation_down": 34.99, "downward_expansion": 33.92 }, "activity_lines": [ 380.506669, 385.647276, 388.192147, 386.879251 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.166667 }, "latest_close": 378.100006, "trend_reference": 377.946669, "distance_from_trend": 0.000406, "trend_direction": "Improving", "fair_value": 254.250031, "distance_from_fair_value": 0.487119, "fair_value_direction": "Weakening", "relative_strength": 11.768948, "relative_strength_direction": "Weakening", "price_momentum": 0.188994, "excess_performance": 0.232703, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.000406, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.0715, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.487119, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.319778, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.117689, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.293689, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.188994, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.162436, "read": "Supply-led" } ], "volume": { "latest": 1411710, "relative_activity": 1.286721, "balance": 0.162436, "dry_up": 0.970169, "accumulation_observations": 1, "distribution_observations": 5 }, "risk": { "range_context": 0.078123, "annualized_volatility": 0.326676, "from_high_reference": -0.15565, "from_low_reference": 0.731935 }, "levels": { "trend_reference": 377.946669, "fair_value_reference": 254.250031, "structural_low": 310.0, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 9, "median_return": -0.021855, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.056872, "regime_survival": 0.777778, "best_return": 0.110719, "worst_return": -0.084541, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 3, "median_return": -0.039606, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.048586, "regime_survival": 0.333333, "best_return": 0.206233, "worst_return": -0.298137, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.023435, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.009285, "regime_survival": 0.0, "best_return": 0.200259, "worst_return": -0.15339, "sufficient": 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"gate": "up", "direction": 37.292204, "energy": 27.93177, "activity_lines": [ 397.97334, 390.31546, 392.7231, 385.163982 ] }, { "date": "2026-07-17", "close": 387.75, "volume": 1363465, "typical_volume": 1269547.4, "trend": 372.558336, "fair_value": 249.31735, "relative_strength": 18.842585, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.737568, "energy": 23.717512, "activity_lines": [ 396.373338, 389.919096, 392.336195, 386.308498 ] }, { "date": "2026-07-24", "close": 381.100006, "volume": 474047, "typical_volume": 1228576.15, "trend": 375.053337, "fair_value": 251.01686, "relative_strength": 18.485669, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.132003, "energy": 19.62748, "activity_lines": [ 392.270005, 388.833641, 391.303814, 386.859574 ] }, { "date": "2026-07-31", "close": 373.899994, "volume": 1008414, "typical_volume": 1102879.2, "trend": 376.64167, "fair_value": 252.64789, "relative_strength": 12.347261, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 5.216624, "energy": 4.610716, "activity_lines": [ 385.600002, 386.790003, 389.560242, 386.785164 ] }, { "date": "2026-08-07", "close": 378.100006, "volume": 1411710, "typical_volume": 1097137.5, "trend": 377.946669, "fair_value": 254.250031, "relative_strength": 11.768948, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.756698, "energy": 11.880115, "activity_lines": [ 380.506669, 385.647276, 388.192147, 386.879251 ] } ], "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." } } }